# ERC404 Tokens

ERC404 tokens represent a unique standard within the Ethereum blockchain, catering to the burgeoning demand for non-fungible tokens (NFTs). Unlike their ERC20 counterparts, which are fungible and can be exchanged on a one-to-one basis, ERC404 tokens are distinct, each with unique properties and values. This makes them ideal for representing one-of-a-kind items like art, collectibles, real estate, and more in the digital realm.

The ERC404 standard ensures that each token has a unique identifier, enabling the blockchain to track and trade individual tokens separately. This uniqueness adds a layer of complexity and richness to the assets, allowing them to carry specific information, history, and provenance.

ERC404 tokens are instrumental in the creation and proliferation of digital collectibles and assets, powering a new wave of blockchain applications and platforms dedicated to the arts, gaming, entertainment, and beyond. They embody the true spirit of ownership and uniqueness in the digital world, providing a secure, verifiable way to own and trade digital assets.
