This is the discussion thread for: ERC-7616
This proposal introduces a hybrid fungible token standard that merges the ERC-20 token’s fungibility with the unique identification capabilities of ERC-721 tokens. New ERC introduced a way to manage both ERC-20 and ERC-721 tokens in 1 contract.
The motivation behind this EIP is to address the limitations of current token standards by combining the best aspects of ERC-20 and ERC-721, enhancing liquidity, and simplifying the control over token fractionalization and reassembly. This hybrid approach seeks to streamline the integration of DeFi and NFT utilities, leveraging existing infrastructure for faster adoption and minimal disruption to current applications.