Beans that Dances: The ERC 404 Project That's Shaking Things Up
Naturally after the debut of ERC 404, it was only natural that developers would begin to take advantage of its ability to bridges the gap between fungible (ERC-20) and non-fungible (ERC-721) tokens. One such project is the Dancing Beans ($BEANS) which allows fractional ownership of hilarious meme-inspired creatures NFTs on the blockchain.
About a week ago I wrote about the exponential rise of Pandora to 20,000% plus in just five days setting the bar high for competition! I also spoke about other NFT projects like CryptoPunks and Bored Ape Yacht Club but Dancing Beans brings a fresh twist with.
While Focusing on fun and interactivity and community-driven approaches the Dancing Beans team is constantly listening to their fans and creating new experiences based on their feedback... For me though, the question is if Beans can follow the successful dancesteps of Pandora and make players, NFT collectors and investors dance about the figures in their wallets.
With my fingers crossed, I'm inclined to hold the Beans I bought on Bitget after the recent listing and it has already gone up by 24%...
What are your thoughts guys? Pandora style or nah?
Based on the state of the market right now, ERC-404 might be a game-changer. Its uniqueness and ease of attention-grabbing qualities stem from the combination of ERC-721 (NFT) and ERC-20 (token) features. I think BEANS will follow in PANDORA's footsteps, as it has generated a lot of buzz and produced several millionaires. But keep in mind that the cryptocurrency market is uncertain, so do proper research before investing in BEANS or any other token.
Based on the state of the market right now, ERC-404 might be a game-changer. Its uniqueness and ease of attention-grabbing qualities stem from the combination of ERC-721 (NFT) and ERC-20 (token) features. I think BEANS will follow in PANDORA's footsteps, as it has generated a lot of buzz and produced several millionaires. But keep in mind that the cryptocurrency market is uncertain, so do proper research before investing in BEANS or any other token.