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easyblockchain-erc20-erc721-erc1155

ERC-20 vs ERC-721 vs ERC-1155: what are the differences and use cases?

Answer

ERC-20 is for fungible tokens. ERC-721 is for unique NFTs. ERC-1155 supports both fungible and non-fungible items efficiently with batch transfers. Choose based on token behavior and transfer patterns. ERC-1155 often reduces gas costs for gaming and multi-asset inventories.

Related Topics

TokensNFTStandards

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