
In the past few years, Ethereum token standards have mainly been either ERC20 tokens or ERC721 NFTs, each with its advantages and disadvantages. Trump-407 effectively combines both, allowing ERC20 tokens and NFTs to be interchangeable. For example:
If you purchase 10,000 Trump-407 tokens on a decentralized exchange, these 10,000 tokens will automatically convert into 1 NFT.
If you originally had 10,000 tokens and converted them into an NFT, the NFT will be automatically destroyed if you sell the tokens and the number falls below 10,000.
This means you can trade your tokens on a decentralized exchange or collect 10,000 tokens and sell them on the NFT market.
As mentioned earlier, purchasing tokens allows you to receive NFTs,By collecting specific NFTs, you can receive corresponding rewards. The reward funds come from a portion of the transaction fees and the total token distribution.
| On chains: | BNB Chain |
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Yes Trump407 is supported on BNB Chain.