Pandora introduces the groundbreaking ERC404 standard, an innovative approach to tokenization that merges the functionalities of ERC-20 fungible tokens and ERC-721 non-fungible tokens into a single, unified asset. This experimental new standard, often referred to as semi-fungible tokens, aims to bridge the traditional divide between liquid, interchangeable cryptocurrencies and unique, verifiable digital collectibles. The core innovation of ERC404 lies in its native fractionalization capability, allowing for a novel form of ownership where an NFT can be divided into smaller, tradable units, while retaining its unique identity when recombined. This addresses a significant challenge within the NFT ecosystem: the lack of liquidity and efficient price discovery for individual, illiquid digital assets. By creating a token standard where a single token can represent both a share of an NFT and the NFT itself, Pandora enables a more dynamic and accessible market for digital art, collectibles, and other unique assets.
The PANDORA token is the flagship implementation of this ERC404 standard. It represents a new primitive in decentralized finance, offering a unique blend of characteristics. For instance, if a user holds a certain amount of PANDORA tokens, they might automatically be attributed an associated NFT, and conversely, if they sell those tokens, the NFT ownership is transferred or burned. This symbiotic relationship between the fungible token and the non-fungible asset creates novel use cases and investment strategies. It allows for instant liquidity for NFTs, as the fungible portion can be traded on standard decentralized exchanges, while the non-fungible aspect provides verifiable ownership and provenance. This also opens up possibilities for new DeFi applications that can leverage these hybrid assets, such as lending protocols using fractionalized NFTs as collateral, or automated market makers that can better price and trade unique digital assets. Pandora’s ERC404 standard is an open-source initiative, encouraging developers to build upon this innovative framework, potentially leading to a new wave of hybrid digital assets and decentralized applications. Its creation marks a significant step towards increasing the utility and accessibility of NFTs, by providing a more liquid, flexible, and integrated financial primitive within the broader blockchain ecosystem. The project aims to unlock new forms of value creation and exchange by rethinking how digital ownership and liquidity can coexist on the blockchain, potentially transforming how we perceive and interact with digital collectibles and unique assets.
Pandora [PANDORA] is a token based on Ethereum blockchain. The most actual price for one Pandora [PANDORA] is $762.55. Pandora is listed on 5 exchanges with a sum of 6 active markets. The 24h volume of [PANDORA] is $772 237, while the Pandora market cap is $0 which ranks it as #7274 of all cryptocurrencies. You can find more information about Pandora [PANDORA] on pandora.build
# | Exchange | Pair | Volume (24h) | Price | Volume (%) | Category | Fee Type | Updated |
---|---|---|---|---|---|---|---|---|
1 | ![]() C | $212.64 | $739.60 | 0.030000% | Spot | Percentage | 1 minute ago | |
2 | ![]() C | $317 552.42 | $739.61 | 41.120000% | Spot | Percentage | 1 minute ago | |
3 | ![]() C | $57 422.29 | $846.24 | 7.440000% | Spot | Percentage | 1 minute ago | |
4 | ![]() C | $393 993.34 | $768.77 | 51.020000% | Spot | Percentage | 1 minute ago | |
5 | ![]() C | $3 056.51 | $773.47 | 0.400000% | Spot | Percentage | 1 minute ago |
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Hardware wallet | Yes |
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Website | pandora.build |
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Wallet | Coins Mobile App |
Source code | github.com |
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Asset type | Token |
Contract Address |
Explorers (1) | etherscan.io |
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Tags |
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How to buy Pandora? How can I buy the Pandora coin? Pandora stock how to buy? How to get Pandora?
To find out where you can buy currency Pandora see the list of available exchanges.
Where to trade Pandora?
Click here to see the list of available exchanges for Pandora.
Pandora introduces the groundbreaking ERC404 standard, an innovative approach to tokenization that merges the functionalities of ERC-20 fungible tokens and ERC-721 non-fungible tokens into a single, unified asset. This experimental new standard, often referred to as semi-fungible tokens, aims to bridge the traditional divide between liquid, interchangeable cryptocurrencies and unique, verifiable digital collectibles. The core innovation of ERC404 lies in its native fractionalization capability, allowing for a novel form of ownership where an NFT can be divided into smaller, tradable units, while retaining its unique identity when recombined. This addresses a significant challenge within the NFT ecosystem: the lack of liquidity and efficient price discovery for individual, illiquid digital assets. By creating a token standard where a single token can represent both a share of an NFT and the NFT itself, Pandora enables a more dynamic and accessible market for digital art, collectibles, and other unique assets. The PANDORA token is the flagship implementation of this ERC404 standard. It represents a new primitive in decentralized finance, offering a unique blend of characteristics. For instance, if a user holds a certain amount of PANDORA tokens, they might automatically be attributed an associated NFT, and conversely, if they sell those tokens, the NFT ownership is transferred or burned. This symbiotic relationship between the fungible token and the non-fungible asset creates novel use cases and investment strategies. It allows for instant liquidity for NFTs, as the fungible portion can be traded on standard decentralized exchanges, while the non-fungible aspect provides verifiable ownership and provenance. This also opens up possibilities for new DeFi applications that can leverage these hybrid assets, such as lending protocols using fractionalized NFTs as collateral, or automated market makers that can better price and trade unique digital assets. Pandora’s ERC404 standard is an open-source initiative, encouraging developers to build upon this innovative framework, potentially leading to a new wave of hybrid digital assets and decentralized applications. Its creation marks a significant step towards increasing the utility and accessibility of NFTs, by providing a more liquid, flexible, and integrated financial primitive within the broader blockchain ecosystem. The project aims to unlock new forms of value creation and exchange by rethinking how digital ownership and liquidity can coexist on the blockchain, potentially transforming how we perceive and interact with digital collectibles and unique assets.
Pandora is a token and it means it is a cryptocurrency, which based its activities on the blockchain of other cryptocurrencies such as Ethereum Blockchain or EOS Blockchain. Examples of Tokens: Chainlink, OmiseGo, 0x.
What is the value of Pandora coin?
1 Pandora is worth $762.55.
To get price and historical data for Pandora coin, use API ID: pandora-pandora for endpoints at http://api.coinpaprika.com.
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