What is Pandora (PANDORA)

1. Project Introduction Pandora is an NFT fractionalization project centered around the ERC404 token standard, which is an experimental standard between ERC20 and ERC721. ERC404 tokens can be traded on platforms like Uniswap, similar to fungible tokens. At the same time, one ERC404 token corresponds to one NFT (known as a Replicant NFT). The mathematical relationship between them is as follows: nReplicant NFT = [nERC404]. Where nReplicant NFT represents the quantity of Replicant NFTs, nERC404 represents the quantity of ERC404 tokens, and [n] denotes the largest integer not greater than n. In the Pandora project, its ERC404 token is called PANDORA, and its Replicant NFTs are called Pandora Replicants. Through the ERC404 standard, Pandora achieves an effect similar to NFT fractionalization. When users are optimistic about a particular NFT series, they can choose to hold a certain amount of tokens instead of a complete NFT. This offers greater flexibility for asset allocation and lowers the barrier to entry for NFT investments. 2. Team & Investment Info Team Members: Pandora was developed by an anonymous team, and the number of team members is unknown. Publicly available information reveals three developers, Acme, ctrl, and Searn. Acme is the operator of Pandora's GitHub, and according to his social media profile, he is an engineer at Coinbase. Another developer, known as ctrl, is one of the investors in Syndicate and runs his own Web3 community. There is limited publicly available information about the developer Searn. Funding: No publicly available funding information. 3. Social Media URLs X: https://x.com/Pandora_ERC404 Discord: https://discord.gg/kzWgN4gjhg 4. Token Info Token Symbol: PANDORA Total Supply: 10,000 Token Type: ERC Issuance/Burn Mechanism: Fixed supply Contract Address: 0x9e9fbde7c7a83c43913bddc8779158f1368f0413 Token Distribution: 7% has been allocated to the team and early contributors. The team purchased 5,000 tokens (50%) during the initial launch, and the rest are in full circulation. For more details, refer to the white paper: https://pandoralabs.mintlify.app/introduction 5. Related Links Official Website: https://www.pandora.build/ GitHub: https://github.com/0xacme/ERC404 Other Info: https://etherscan.io/token/0x9E9FbDE7C7a83c43913BddC8779158F1368F0413 https://rootdata.com/zh/Projects/detail/Pandora?k=MTEyNTY%3D

Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.