Injective, a Layer 1 blockchain, has made a groundbreaking move in the world of digital assets by unveiling the CW-404 standard in collaboration with decentralized exchange DojoSwap. This new standard aims to revolutionize the landscape of non-fungible tokens (NFTs) and token standards, with the ultimate goal of attracting investment from Ethereum’s thriving ecosystem.
The CW-404 standard, similar to the highly acclaimed ERC-404 standard on the Ethereum blockchain, combines elements from the CW-20 and CW-721 standards. This allows for fractional ownership of NFTs, making them more accessible to a wider range of users and unlocking a plethora of financial possibilities in the digital asset space.
The Sushi Fighter NFT collection is the first to utilize the CW-404 standard on the Injective network. This collection offers users a unique and engaging experience with generative profile pictures and custom minting logic. With the CW-404 standard, the Sushi Fighter NFT collection opens up new avenues for creativity and exploration in the NFT marketplace.
Injective’s decision to adopt the CW-404 standard reflects its commitment to innovation and user-centric solutions in the blockchain space. By partnering with DojoSwap, Injective expands its reach and offers users a seamless experience in tokenizing and trading assets within the CW-404 framework.
Looking ahead, Injective aims to leverage the CW-404 standard to drive growth, foster innovation, and attract a diverse range of users and developers to its platform. With the support of partners like DojoSwap and the broader blockchain community, Injective remains poised to make waves in the digital asset space with its cutting-edge solutions and forward-thinking approach.
