Questions tagged [multi token standard]

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Martina Martina Sun Jul 14 2024 | 5 answers 1545

What is the ERC 1155 multi token standard?

Could you elaborate on the ERC 1155 multi-token standard? Specifically, I'm interested in understanding how it differs from previous token standards, like ERC 20 and ERC 721. What are the key features and benefits of this new standard? How does it improve scalability and efficiency? Is it intended for a specific type of token, or can it be used for a wide range of applications? Additionally, what are some of the challenges or limitations associated with adopting the ERC 1155 standard?

What is the ERC 1155 multi token standard?

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