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Why ERC404?

2 min readFeb 28, 2024
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Yuliverse will be launching the ERC404 protocol, marking a significant moment for the world of Yuliverse. This presents a crucial opportunity and serves as a pivotal point in the development of Yuliverse.

Our CEO, Ancient Two, has been dedicated to enhancing NFT liquidity since 2023. In the backdrop of a bear market, liquidity determines the value of a project. However, existing solutions at the time, such as BLUR, although they improved trading efficiency, did not fundamentally enhance liquidity. It wasn’t until the emergence of the ERC404 protocol that Ancient Two recognized it as a game-changing opportunity.

Within the ERC404 protocol, we identified several key points of convergence:

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1.Increasing the liquidity of Yuli NFTs.

2.Strengthening ties with the ERC ecosystem through ERC404.

However, converting all of Yuliverse’s NFTs to ERC404 is unreasonable. Our focus is on preserving the core perks and privileges within our core NFTs — OG. Yuliverse’s OG NFTs will transition from BSC to the ERC ecosystem, serving as flagships to connect with the mainstream DeFi world. We will provide unparalleled liquidity and benefit from more ERC ecosystem collaborations for OG NFTs.

Although ERC404 is still in its early stages, it’s not just us who recognize its potential; core exchanges have also seen its potential and have supported the ERC404 protocol. As such, we have decided to participate early.

PS: Conversion is not mandatory.

Stay tuned for the release of “Why Choose 404 OG” tomorrow! Stay tuned!