MEME project Rebound, BC 404 protocol leads new gameplay

Recently, the cryptocurrency market has seen a slow Rebound, with the MEME project performing exceptionally well. For investors, this is an important opportunity to seek potential projects and lay out future plans. In this round of the bull market, MEME has become a focal point of discussion. Market funds have shifted towards MEME, creating its prosperity. The strong underlying user base and consensus of MEME are key factors in gaining market favor.

Currently, the market mainly focuses on homogeneous MEME tokens, while there is less attention on MEME in the form of NFTs. NFT-form MEME tokens are limited by trading liquidity, but in terms of value representation, MEME has become widely circulated due to its "small images." NFT versions of MEME play a key role in the ecosystem, but there is currently a lack of opportunities.

The ERC 404 protocol has entered the developers' vision and is known as a semi-fungible token. Based on this, a certain protocol has launched BC 404, bringing new gameplay and application scenarios to the industry.

The protocol has launched a conversion pool, allowing users to convert homogeneous MEME tokens into semi-homogeneous tokens with NFT image attributes, enabling more features such as display and trading. Users can also convert BC 404 tokens back to homogeneous tokens without any impact. This protocol can be seen as a launchpad based on MEME collectibles, promoting the healthy development of the MEME ecosystem.

BC 404 is derived from ERC 404, possessing both fungible and non-fungible token dual attributes. Users can achieve token splitting and combining. BC 404 adds a curve model binding feature to control the rate or quantity of token generation. Each BC 404 NFT is backed by a different number of fungible tokens, and the NFT ID numbers may not be consecutive. The transfer and trading of BC 404 fungible tokens will trigger the corresponding NFT destruction, generating deflationary attributes.

For investors, the new NFTs may generate a premium. The increase in NFT generation costs enhances scarcity, and the uniqueness of the numbering makes NFTs more distinctive, leading to more gameplay options.

This protocol collaborates with multiple well-known institutions/projects to expand its application scope and scenarios. The PEPE to COLORPEPE conversion activity has been completed, with a total of 42 million COLORPEPE, 80% generated in the conversion pool.

The protocol currently does not have a mainnet token, but has launched the Point points airdrop feature. Recently, it has introduced ORBGUY NFT airdrop rules in collaboration with a certain platform, taking snapshots for COLORPEPE NFT and PEPE with ORBGUY holders.

Currently, the protocol focuses on COLORPEPE empowerment, and may launch other popular MEME conversion activities in the future. User participation is low-risk and can yield high expected returns.

For users participating in the conversion pool, there are almost no additional minting costs, but the new NFT token has an overflow value of unlimited imagination. The value of COLORPEPE is greater than or equal to the underlying value of PEPE, otherwise there is an arbitrage opportunity.

The protocol is user-friendly and introduces new gameplay based on BC 404, promoting ecological activity. From the COLORPEPE event, it is evident that the officials have the intention to empower and provide more potential value for holders. Coupled with airdrop expectations, it is worth continuous attention and participation.