INCEPT, a decentralized protocol, has launched a collection of 10,000 ERC-4D-based tokens, introducing a new paradigm for tokenized assets. Built on the experimental dual-root token standard ERC-4D, INCEPT tokens combine the functionality of ERC-20 and ERC-6551, allowing them to act as both tradable assets and token accounts that can hold other assets. This innovation enables multi-layered asset management, unlocking complex financial instruments that were previously impossible in decentralized applications. INCEPT tokens can store other assets, including tokens, NFTs, and even other INCEPT tokens, creating a recursive asset structure. The ERC-4D standard introduces a dual-root structure, enabling each token to function as both a tradable asset and a self-contained wallet. This duality allows for a wide array of dynamic applications, including enhanced asset management, self-sovereign liquid wallets, and real-world asset tokenization. INCEPT's use of the Grandfather Paradox mechanism adds a new layer of control and security, ensuring that token operations are governed within the token's own account. The protocol's versatility opens up a range of possibilities across decentralized finance and real-world applications. INCEPT's ERC-4D standard is a groundbreaking advancement in token technology, enabling the "liquidification" of assets in previously unimaginable ways. The company believes that INCEPT and ERC-4D will set a new standard for decentralized asset management, and they are just beginning to scratch the surface of what's possible.
hackernoon.com
hackernoon.com
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