## ERC-884
ERC-884 is an Ethereum token standard which allows users to create tokens that can be traded like stocks. It was created by Vitalik Buterin and the Ethereum Foundation in 2017 as a way to facilitate the creation of crypto assets with similar features to those found on traditional financial markets. This token standard provides developers with a framework for creating tokens that are backed by real-world assets, such as commodities or securities, as well as more abstract concepts such as music or digital art.
The main feature of ERC-884 is its ability to allow investors who purchase these tokens to receive dividends based on their shareholding. This type of asset management has become increasingly popular in recent years due to its potential for generating passive income from investments made into cryptocurrency projects, making it an attractive option for both long term and short term investors alike.
In order for users to issue their own ERC-884 tokens, they must first register them on the blockchain using a compatible smart contract platform such as Ethereum’s EVM (Ethereum Virtual Machine). Once registered, each user will be able to set up and manage their own customised dividend payouts through this interface, allowing them greater control over how much each investor receives from their investment in the project.
ERC-884 also provides an additional layer of security when compared with other token standards; since these tokens are linked directly to actual physical assets rather than just existing solely within the digital space they provide increased protection against cyber attacks and other forms of malicious activity which could otherwise lead to significant loss of funds. Furthermore, many exchanges have begun listing ERC-884 compliant tokens meaning that those who wish can easily trade and exchange these types of cryptocurrencies without fear of being scammed or having their funds stolen in any way.
Overall, ERC-884 is proving itself increasingly popular among cryptocurrency investors due its unique features which offer not only security but also opportunities for passive income generation through dividends paid out by individual projects supported by this token standard protocol.
