What is ERC-1155 Token Standard?
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What is ERC-1155 Token Standard?
ERC-1155, a standard implemented on the Ethereum blockchain, is designed to enhance the creation and management of digital assets. Enjin, a blockchain gaming company, proposed this standard. Unlike previous Ethereum token standards such as ERC-20 and ERC-721, which could only handle one type of token (fungible and non-fungible, respectively), ERC-1155 stands out because it can…