Exciting news alert for all #GNUSes and CTs!
$GNUS just got a major update on @aveaiofficial with no more pesky risk warnings holding it back.
Plus, our full audit link is attached for complete transparency. Dive deeper into the updates:
🔗 Ethereum: https://t.co/qeWm0HPJwu
🔗 Polygon: https://t.co/UYJv9rGWNp
Healthy competition fuels innovation, and we're excited to see major players stepping into Web3! 🚀
Keep an eye out for the highly anticipated launch of $GMRX on March 26th.
#Web3#GMRX#Gamefi
Get ready for @GaiminIo's upcoming $GMRX token launch in 2 weeks! 🚀
Gaimin currently holds the world's largest source of decentralized GPUs powering Ai. The team is in collaboration with @BNBCHAIN & @movementlabsxyz to create the fastest gaming L2 hitting 150k TPS!
Our mainnet launches on March 18, 2024!
This marks a major step forward for the Venom blockchain, the community and the space as a whole.
We're excited to have you with us, and your support is key as we continue to grow and improve.
Our PFP collection is almost ready 👾
Tag some communities/projects you’d like to see free claims for.
We’ll announce the winning communities soon. $CELL
What is #ERC20721? 🤔
A contract must adhere to specific methods, events, and logical guidelines to be recognized as part of a standard.
The pertinent standards in question here are #EIP20 (ERC-20) and #EIP721 (ERC-721).
While both standards share certain similarities, #ERC20 primarily caters to fungible tokens, where all units are interchangeable (like money)
#ERC721 is designed for #NFTs, where each unit is unique (like collectible trading cards).
#CellMates appears to be pioneering the strict integration of these two standards, distinguishing itself from previous attempts such as #ERC404.
Unlike ERC-404, which deviates from the specifications of both standards by compromising on certain aspects, #CellMates aims to harmoniously combine ERC-20 and ERC-721 without prioritizing one over the other.
For instance, ERC404's representation of total supply/user balance in terms of 1e18 aligns with token standards but not with the concept of non-fungible tokens due to its excessively large supply/balance.
Features of ERC-20721:
🟡Traits persist unaltered during transfer events, ensuring 100% on-chain immutability for NFTs
🟡Adheres strictly to ERC20 and ERC721 standards
🟡Facilitates gas-efficient transfers
The @CellMatesERC team is highly active and operates primarily through Discord. Presently, they are strategizing the launch of a Launchpad aimed at assisting projects interested in utilizing #ERC20721.
Overall, ERC20721 functions as an NFT (ERC721) with the capability of being transferred and traded akin to an ERC20 token. However, due to its nature as an NFT, it can only be exchanged as a complete unit. To facilitate the exchange of fractions, a wrapped token is necessary.
ERC20721 represents another experimental standard designed to address the primary shortcomings raised by ERC404.
#DYOR🔍
#Ozarultd