If NFT can be broken into fungible tokens with ERC-404, then it's no more NFT. I don't see any reasonable reason for doing that. Anyways, I'm a noob in this NFT stuff. So let's see how it goes.
technically speaking its still non fungible though its just literally allowing people to buy fraction of NFT but represented in token, because if the token isn't whole, the NFT gonna get burned.
I think its good feasible way to make some NFT more affordable but we all know that without whole token which mint NFT its gonna be kinda useless but then again it still gonna retains value in the market I guess.
I personally have no problem with this new ERC-404 seems like it gonna open the market of NFT to a whole new level.
but its still experimental anyway, we haven't seen any implication of the usage of this protocol, maybe there gonna be some bugs or something the whole thing seems kinda complicated.
but I guess thats the price of implementing a whole new protocol.