CryptoProphet
Wed Jul 17 2024
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6 answers
1282
What is ERC-1155 token?
Could you please elaborate on the ERC-1155 token? I've heard it mentioned in the context of Ethereum smart contracts, but I'm not entirely sure what it entails. Is it a specific type of token standard? How does it differ from other token standards like ERC-20 or ERC-721? What are some of the key benefits and uses cases of ERC-1155 tokens? Also, are they widely adopted in the crypto community, and what projects are utilizing them currently? Thank you for clarifying this for me.
