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NFTScan has officially launched the ERC404 browser and Non-Fungible Token API data service.

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Recently, the NFTScan team officially released the ERC404 browser, which will provide simple and efficient NFT data search and query services for NFT developers and users in the ERC404 ecosystem. As the world's leading NFT data infrastructure service provider, NFTScan helps users more conveniently access and analyze ERC404-related NFT data, further improving the efficiency of data retrieval and market analysis.

ERC-404 is an experimental token standard that was open-sourced by the Pandora team for creators and developers in early February. It is a protocol standard that mixes ERC-20 (homogeneous tokens) and ERC-721 (non-homogeneous tokens NFTs), that is, NFTs and tokens can be converted into each other, with native liquidity and fragmented protocols. This is achieved through the corresponding logic between the quantity of FTs and NFTs, that is, the "casting and destruction" mechanism of NFTs.

ERC-404 NFTScan: https://eth.nftscan.com/erc404

The new features include the addition of ERC404 Tokens browser, including ERC404 V1 , DN404 , and ERC404 V2 sections.

The ERC404 V1 protocol was released on Github by Acme, a former software engineer at Coinbase, and there are many areas that need improvement. With the help of the community, the ERC404 team is currently building and improving the ERC404 protocol, and launched ERC404 V2 on February 15. V2 greatly reduces the gas consumption of ERC404 and optimizes the mechanism for buying and selling ERC404 tokens.

As a challenger to the established ERC404 standard, DN404 represents another implementation of ERC404 that aims to address its shortcomings. By prioritizing efficiency and security, it provides developers and users with a reliable tokenization and asset management framework.

Not only that, NFTScan parses the real-time data on the chain and standardizes it, and adds ERC404 Token Holders and ERC404 Token Activity data to the NFT Collection interface to help users better understand NFT holdings and activity records, and improve their insight into market trends and asset management efficiency.

As an important NFT data infrastructure in the ERC404 ecosystem, NFTScan will continue to develop functions and optimize products to provide high-quality NFT API data services and NFT Explorer search services to Web3 developers and NFT users within its ecosystem.

Previously, the NFTScan developer platform has also launched ERC404-related NFT API data services, and currently has opened multiple API query interfaces to meet the indexing needs of ERC404 data in various business scenarios. If you are a developer in the field of NFT and Web3, you are welcome to use the ERC404 API data service provided by the NFTScan developer platform to quickly build ERC404-related products and protocols with a low threshold.

Developer:https://developer.nftscan.com/

API Docs: https://docs.nftscan.com/

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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