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ERC-1155

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Table of contents
    1. 0.2. Features of ERC-1155
    2. 0.4. Use Cases

ERC-1155 is a multi-token standard on the Ethereum blockchain that allows a single contract to manage multiple types of tokens, including both fungible and non-fungible tokens (NFTs). This standard provides enhanced flexibility and efficiency for developers, as they can create multiple token types within one contract rather than deploying separate contracts for each token.

Features of ERC-1155

  • Multi-Token Support: Enables the creation of both fungible tokens (like ERC-20) and non-fungible tokens (like ERC-721) within the same contract.
  • Batch Transfers: Supports the ability to transfer multiple tokens at once, reducing transaction costs and enhancing efficiency.
  • Lower Gas Fees: By consolidating multiple token types in a single contract, ERC-1155 reduces the need for separate transactions, saving on gas fees.

Use Cases

ERC-1155 is popular in gaming and collectible platforms, where developers need to create a wide range of tokens—such as rare collectibles, in-game items, and currency—within one ecosystem.