Overview
RRC-404 is a semi-fungible token standard on Radix, inspired by Ethereum's ERC-404. It creates tokens that blend fungible and non-fungible properties — below a threshold they behave as fungible tokens, above it they gain unique NFT metadata.
On Radix, this concept is particularly powerful because tokens are native resources rather than smart contract state — the semi-fungible behavior is enforced at the engine level.