Ethereum

Future

Injective

DojoSwap

<div class="coinjournal">
 <ul>
  <li>Injective unveils CW-404 standard with DojoSwap.</li>
  <li>CW-404 enables fractional NFT ownership, starting with the Sushi Fighter NFT collection.</li>
  <li>Aiming to attract Ethereum’s investment, Injective pioneers new blockchain standards.</li>
 </ul>
 <p>Injective, a Layer 1 blockchain, has unveiled its latest move in the world of digital assets with the introduction of the CW-404 <a rel="noopener noreferrer nofollow" title="standard" href="https://thebittimes.com/tag/standard.html">standard</a>.</p>
 <p>This development, in collaboration with decentralized exchange DojoSwap, aims to revolutionize the landscape of non-fungible tokens (NFTs) and token standards.</p>
 <h2 id="cw-404-standard-fractional-ownership-to-nfts">CW-404 standard: fractional ownership to NFTs</h2>
 <p>Injective’s CW-404 standard mirrors the highly acclaimed ERC-404 standard, known for its groundbreaking approach to NFTs on the Ethereum blockchain. CW-404 combines elements from the CW-20 and CW-721 standards, paving the way for fractional ownership of NFTs. This innovation makes NFTs more accessible to a wider range of users and unlocks a plethora of financial possibilities within the digital asset space.</p>
 <p>The Sushi Fighter NFT collection emerges as the pioneer in utilizing the CW-404 <a rel="noopener noreferrer nofollow" title="standard" href="https://thebittimes.com/tag/standard.html">standard</a> on the Injective network. This collection showcases generative profile pictures and custom minting logic, offering users a unique and engaging experience in the world of NFTs. With the CW-404 <a rel="noopener noreferrer nofollow" title="standard" href="https://thebittimes.com/tag/standard.html">standard</a>, the Sushi Fighter NFT collection opens up new avenues for creativity and exploration in the NFT marketplace.</p>
 <h2 id="injective-s-bid-to-attract-ethereum-s-investment">Injective’s bid to attract Ethereum’s investment</h2>
 <p>The introduction of the CW-404 standard aligns with Injective’s strategic vision to attract investment from Ethereum’s thriving ecosystem. While ERC-404 tokens have garnered significant attention and investment in Ethereum, Injective aims to capitalize on this momentum by offering a comparable standard on its own network. By partnering with DojoSwap, Injective expands its reach and offers users a seamless experience in tokenizing and trading assets within the CW-404 framework.</p>
 <p>Injective’s decision to adopt the CW-404 standard reflects its commitment to innovation and user-centric solutions in the blockchain space. With the potential to unlock new possibilities for decentralized applications (dApps) and financial innovations, CW-404 positions Injective as a frontrunner in the evolving landscape of digital assets.</p>
 <h2 id="future-prospects-for-injective-and-cw-404">Future prospects for Injective and CW-404</h2>
 <p>As Injective continues to develop and refine its offerings, the adoption of the CW-404 <a rel="noopener noreferrer nofollow" title="standard" href="https://thebittimes.com/tag/standard.html">standard</a> marks a significant milestone in its journey towards mainstream adoption. With the Sushi Fighter NFT collection serving as a testament to the capabilities of CW-404, Injective sets the stage for future collaborations and developments within its ecosystem.</p>
 <p>Looking ahead, Injective aims to leverage the CW-404 <a rel="noopener noreferrer nofollow" title="standard" href="https://thebittimes.com/tag/standard.html">standard</a> to drive growth, foster innovation, and attract a diverse range of users and developers to its platform. With the support of <a rel="noopener noreferrer nofollow" title="partners" href="https://thebittimes.com/tag/partners.html">partners</a> 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.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/injective-introduces-cw-404-standard-in-partnership-with-dojoswap-tbt80588.html">https://thebittimes.com/injective-introduces-cw-404-standard-in-partnership-with-dojoswap-tbt80588.html</a></p>

Injective introduces CW-404 standard in partnership with DojoSwap

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