CW404 is an analogue of erc404. It is a mixture of two token formats cw721 and cw20. When you buy 1000 whole $RED token, you automatically mine 1 RED NFT.
You can own part of the $RED token, but 1000 whole token is required for the NFT to appear in your wallet.
If you sell or transfer your $RED token, the NFT associated with it will be deleted.
If you collect enough $RED tokens to create a whole token, you will get a new NFT automatically, without any additional action.
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