Shiba Inu Team Embraces Ethereum ERC-404 Standard For New NFT Collection The Shiba Inu Team adopts the Ethereum ERC-404 standard for their upcoming NFT collection.
The Shiba Inu team is exploring the market by releasing their newest collection of NFTs. The ‘SHEboshis’ is a unique NFT collection that stands out by utilizing the ERC-404 token standard. Shiba Inu is venturing into new territories with this innovative approach. In a blog post, Shiba Inu developer Kaal Dhairya discussed how the team is exploring new areas by introducing the Sheboshi launch using the ERC-403 standard. The team is undoubtedly excited about this adventure, as the developer mentioned that they were eager to explore the untapped potential of the ERC-404. Further reading: Could Edward Snowden be the mastermind behind the creation of Bitcoin known as Satoshi Nakamoto? This is how he replied. This fresh Ethereum token standard is currently one of the prominent topics in the Ethereum community and the broader cryptocurrency market. ERC-404 combines aspects of both the ERC-721 and ERC-20 token standards, enhancing liquidity for NFTs and encouraging fractionalization. The Shiba Inu team originally planned to mint the SHEboshis NFTs on the Ethereum network, rather than Shibarium, upon their launch on February 20.