Do you remember Pandora NFTs? Another new ERC-404 NFT series has landed in the NFT market.

adminApril 24, 2024

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Pandora Finance, the digital asset incubation studio behind the recently launched world’s first ERC-404 non-fungible token collection marketplace, has announced plans to launch a new non-fungible token collection known as the Pandorian Hybrid NFT Collection on the Sui Network. In this article, we will discuss the upcoming Sui-based NFT project in detail.

Pandora Finance Unveils New NFT Collection

In an April 22 blog post, Pandora Finance confirmed plans to launch a new collection of non-fungible tokens in the coming months and weeks. The digital asset company has teased a new NFT project just weeks after launching the world’s first ERC-404 NFT marketplace platform.

GM Pandorian 👋. Are you looking forward to a new week?
Who’s looking forward to the upcoming NFT issuance/token launch 🔥? Secure your spot on the whitelist now – there’s still time ⏳!#Pandorian #Hybrid NFT #Sui404 pic.twitter.com/EkFnhVRTuU
— Pandora Finance I Sui Market Forecast 🔥 (@pandora_finance) April 22, 2024

Founded in 2021, Pandora Finance is a decentralized blockchain ecosystem that leverages existing blockchain infrastructure and Web3 Space to seamlessly drive liquidity across multiple asset classes. The digital asset platform aims to bridge the gap between off-chain assets and the on-chain ecosystem.

Earlier this year, Pandora Finance announced ERC-404 support in Express Protocol on the Polygon mainnet. These strategic improvements represent a bold step forward to foster innovation within the NFT ecosystem. Supporting Pandora Finance also means expanding our technical capabilities.

The ERC-404 standard represents a blend of the well-established ERC-20 ‘Fungible Token’ and ERC-721 ‘Fungible Token’ standards. ERC-404 combines these two cornerstone technologies to provide a versatile solution that implements both fungible and non-fungible characteristics.

Pandora is a perfect example of an NFT collection created using the ERC-404 protocol. The Pandora NFT collection features a limited edition of 10,000 Replicants hosted on the Ethereum blockchain network. The ERC-404 token standard in the Pandora ecosystem is the same as the Pandora Replicant NFT collection tradable on popular NFT marketplaces such as OpenSea and Blur.

Last month, Pandora Finance announced the launch of the world’s first next-generation ERC-404 NFT marketplace, marking a significant advance in the NFT sector by introducing liquidity to a new asset class. Once again, this development highlights the company’s commitment to innovation within the decentralized ecosystem by leveraging blockchain infrastructure to support the ERC-404 ecosystem.

The NFT marketplace is designed to accommodate a wide range of cryptocurrency users, including traders, collectors, creators, and projects exploring the emerging ERC-404 era. This provides a seamless transaction experience that is user-friendly for collectors and traders, while also being powerful enough to support the creative efforts of digital creators and projects interested in leveraging the ERC-404 token standard.

Pandorian Hybrid NFT Collection Overview

Pandorian Hybrid is a collection of NFTs created on the Sui Layer 1 blockchain network. It blends fungible and non-fungible token functionality and is similar to the recently hyped Pandora NFT collection. The upcoming NFT collection has a fixed set of 12,222 NFTs, with 3,333 NFTs available in mining events and 8,889 NFTs available for swaps in 404 pools.

6/🎉Pandorian hybrid NFTs redefine NFT liquidity on the Sui blockchain, paving the way for seamless token-NFT conversion.
The Sui community will soon have the opportunity to own the first hybrid, the Pandorian Hybrid NFT. #NFT collection target #sui Blockchain! https://t.co/V7EmdcVSCa
— SuiGlobal.sui (@SuiGlobal) April 23, 2024

During this memecoin season, Pandora Finance launched $PAN, a native token that provides a variety of utilities within the ecosystem. As the core of the ecosystem, $PAN will facilitate NFT trading and exchange in the 404 Pool. The new token will have more utility in the future, including DeFi apps, rewards, and airdrops.

Pandorian hybrid NFTs are expected to redefine NFT liquidity on the Sui blockchain, paving the way for seamless token-to-NFT conversions. These NFTs were scheduled to begin minting this week, but Pandora Finance postponed them to give collectors more time to secure a whitelist spot.

We would like to clarify our decision to postpone the launch of NFTs to a later date. We know you’re really looking forward to this collection, so you might be a little disappointed by the delay. That’s why it’s such a shame that we couldn’t bring Pandorian back to life in time. Here’s why:
1. We… https://t.co/kspzj6mGvc
— Pandora Finance I Sui Market Forecast 🔥 (@pandora_finance) April 22, 2024