Barely a week after ERC-404 emerged on the blockchain scene — introducing a new phase of fractional NFT ownership — a rival token protocol dubbed ‘DN404’ (Divisible NFT) is stepping into the spotlight.

Yesterday, on February 12, the token’s enigmatic programmer known as ‘cygaar’ — alongside others — unveiled DN404, positioning it as a formidable adversary to its precursor by similarly fusing elements of ERC-20 and ERC-721 tokens.