NFT Project Pandora Launches ERC404 Launchpad Coin Platform in Response to Meme Trend

Based on ERC404, the Pandora avatar NFT project, which allows users to trade NFT on Uniswap, was once popular. Due to the popularity of meme coins, ERC404 also launched the “ERC-404 Launchpad”, similar to meme coin issuance platforms such as Pump Fun. Since there are meme coins on different chains, why not try ERC-404?

How does the Pandora avatar project use ERC404 to bring NFT into the Uniswap trading pool?

ERC-404 Launchpad issues meme coins or more uses?

Benefits and drawbacks of binding Pandora NFT airdrop?

Pandora’s price surged nearly 60% in a single day.

ERC-404 Launchpad states that users can deploy their own ERC-404 token contracts, and the deployer has full control over the contract. Additionally, deployment is free, with the condition that 95% of the tokens will be minted for the deployer, while 5% will be airdropped to existing Pandora NFT holders.

It can be expected that NFT projects or meme coin projects will be interested in the Pandora NFT community, essentially through its fair distribution and assistance in binding to the Pandora NFT community, pleasing some existing NFT players. This may be helpful for projects looking to enhance community consensus or attract users outside the meme community.

However, assuming the ERC-404 Launchpad is aimed at attracting meme issuers, the fair distribution touted by meme coins (100% to the community) may be slightly altered.

The Pandora token follows the same NFT model with a circulating supply of only 10,000 and once soared to over $30,000. However, after the hype receded, it plummeted rapidly to thousands, and after this news was released, it surged back to the $6,000 level, with a nearly 60% increase in a single day.

However, due to relatively low liquidity and high price volatility, risks should be noted.

ERC-404 Launchpad
Pandora