Guidelines for NFT Collections
To integrate successfully with the404.io platform, NFT collections must adhere to the following guidelines:
Eligibility and Application
Application Process: NFT collections must apply for integration through the404.io platform. This involves submitting detailed information about the collection, including the concept, artwork, utility, and team behind the project.
Review and Approval: Each application will undergo a review process where the404.io team assesses the collection’s potential for liquidity and alignment with the platform's standards.
Smart Contract Requirements
ERC-721 Compliance: NFTs must adhere to the ERC-721 standard to ensure compatibility with the ERC-404 fractionalization process.
Metadata Standards: Ensure that metadata for each NFT is properly structured and includes all relevant information to support fractional ownership and trading.
Integration and Migration
Technical Integration: Work closely with the404.io technical team to integrate the collection’s smart contracts with the platform’s infrastructure.
Migration Process: Enable the migration of NFTs from ERC-721 to ERC-404 by sending ERC-721 NFTs to the404.io smart contracts to handle burning and minting processes.
Community Engagement
Education and Awareness: Educate NFT holders about the benefits of fractionalization and how to use the404.io platform.
Incentives: Offer incentives such as rewards or exclusive benefits for early adopters and active participants in the liquidity pools.
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