Partager cet article
Injective Introduces 'ERC-404' Port to Capitalize on the Hype Around the Experimental Token Standard
Injective has partenred with DEX DojoSwap to introduce the CW-404 standard.
- Injective’s CW-404 standard allows for fractional ownership of NFTs, making it more accessible to users and allowing for financial use cases.
- The Sushi Fighter NFT collection is the first to utilize the CW-404 standard on Injective, featuring generative profile pictures and custom minting logic.
Layer 1 blockchain Injective introduced the CW-404 standard, a replica of the wildly popular experimental token standard ERC-404, for its network on Friday.
The Cosmos-based Injective is teaming up with decentralized exchange DojoSwap to offer the CW-404 standard. CW-404 is a port of the ERC-404 and combines the CW-20 and CW-721 standards, which relate to token issuance and NFTs, respectively.
STORY CONTINUES BELOW
Ne manquez pas une autre histoire.Abonnez vous à la newsletter Crypto Daybook Americas aujourd. Voir toutes les newsletters
ERC-404 is an unofficial Ethereum token standard that allows multiple wallets to directly own a single non-fungible token (NFT) and gives its holders the ability to create a use case where that specific exposure can be tokenized and used to take out loans or stake holdings.
Tokens standards are a set of rules and protocols that define how digital tokens should behave and interact within a specific blockchain ecosystem.
The “experimental" standard brought in millions of dollars worth to the Ethereum ecosystem but has also been criticized for referencing the official “ERC” name. As a category, ERC-404 tokens are collectively worth over $173 million, data from CoinMarketCap shows, despite having been released just over two weeks ago.
The CW-404 is a way for Injective to bring some of the investment from Ethereum to its own network. “CW404 is set to spawn a legion of new dApps and innovations that are simply not possible anywhere outside of Injective,” developers said in an X post.
The Sushi Fighter NFT collection is the first to utilize the CW-404 standard on Injective, featuring generative profile pictures and custom minting logic, as per a post.
The blockchain currently locks less than $50 million worth of tokens, data shows, a significantly smaller amount than Ethereum, which holds a massive $46 billion.
UPDATE (Feb. 23, 08:40 UTC): Adds details around the NFT collection.
Plus pour vous
Ce qu'il:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
French Banking Giant BPCE to Roll Out Crypto Trading for 2M Retail Clients
The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq.
What to know:
- French banking group BPCE will start offering crypto trading services to 2 million retail customers through its Banque Populaire and Caisse d’Épargne apps, with plans to expand to 12 million customers by 2026.
- The service will allow customers to buy and sell BTC, ETH, SOL, and USDC through a separate digital asset account managed by Hexarq, with a €2.99 monthly fee and 1.5% transaction commission.
- The move follows similar initiatives by other European banks, such as BBVA, Santander, and Raiffeisen Bank, which have already started offering crypto trading services to their customers.
Top Stories
