# ERC404

## 1. Introduce

It is a new standard that combines NFTs with tokens. When a user purchases a token on a decentralized exchange, an NFT is automatically generated.

## 2. Operation steps

Tip: Please install the MetaMask plugin first. Tutorial: <https://docs.gtokentool.com/v/en/fu-zhu-xin-xi/metamask-installation-tutorial>

### (1) Connect wallet

Enter the creation page: <https://gtokentool.com/tokenfactory>，Click on the upper right corner, connect to MetaMask Wallet, and switch to the main network (using BSC test network as an example).

<figure><img src="https://content.gitbook.com/content/jvjuVZbKY9RY73UABdWK/blobs/P2qyImOltaBNSvVpVn9w/image.png" alt=""><figcaption></figcaption></figure>

After completion, you will see the "Chain Name" and your "Wallet Address", as shown in the following figure:

<figure><img src="https://content.gitbook.com/content/jvjuVZbKY9RY73UABdWK/blobs/2J7NqtnVgJdVAyUFeLcA/image.png" alt=""><figcaption></figcaption></figure>

### (2) Choose Token Factory

Click on the dropdown menu and select "ERC404".

<figure><img src="https://content.gitbook.com/content/jvjuVZbKY9RY73UABdWK/blobs/m4U4xB96GzmFvvYaoKSK/image.png" alt=""><figcaption></figcaption></figure>

### (3) Fill in your token information

Enter the token information, assuming we create a token called "G TOKEN", fill in the following:

* **Token Name:** G TOKEN
* **Token Symbol:** G T
* **Decimals:** 18 (Number of decimal places)
* **Total Supply:** 1000000 (Number of tokens)
* **Select an exchange:** pancakeSwapTest V2

<figure><img src="https://content.gitbook.com/content/jvjuVZbKY9RY73UABdWK/blobs/PnCZPkqd0VGgICJh4BdL/000.jpg" alt=""><figcaption></figcaption></figure>

After completing the input, click "`Create`".

### (4) Complete

Click "`Confirm Creation`" and pay the gas fee in MetaMask Wallet to complete the process.

<figure><img src="https://lh7-us.googleusercontent.com/DlgfMu8mPTlR_aNQgEinJJhHoCjN1Qry1P_YMPQ0p28PpNO1p-iRJOopJuHRx6EohVvGOGNR8J4EaVjhW2WL65C18LLKzJOQJtmsCdtMIyNyGhMwA1zdrcQ__wrp5k3eTXMg6_zzWT6-Cw4-os5k4ys" alt=""><figcaption></figcaption></figure>

<mark style="background-color:red;">Attention:</mark>

After the token is created, it can only be transferred and cannot be traded. To make tokens tradable, you need to go to PancakeSwap to create a liquidity pool. Tutorial: <https://help.gtokentool.com/qu-zhong-xin-hua-jiao-yi>

If you have any questions, please join the official telegram group: <https://t.me/GToken_EN>