Could we use ERC-404 as a protocol to address the imbalances: Excess housing Vs. Poor rental market? Turning houses into ERC-404 rentable assets. By using RWA, we could unlock liquidity from financially-oriented vacant homes, turning them into ERC-404 NFTs onchain, for example, one 3-bedroom apartment could be fragmented into 3 rentable room NFTs, either bought by 2 regular tenants and 1 public goods applicant. This involves both general rental and welfare housing, helping those who can’t afford rent, like young people new to big cities, global digital nomads, and low-income groups, by providing rental subsidies and reductions.

OK, that’s the background. Let’s begin.