Overview
ERC-1155 is a more efficient 'next-generation' token standard. It allows a single smart contract to manage an infinite variety of tokens, reducing the gas costs and complexity associated with deploying separate contracts for every token type.
Benefits
- Batch Transfers: Send multiple different tokens in a single transaction.
- Efficiency: Significantly lower gas fees for complex applications like games.
- Versatility: Can represent a mix of unique items (NFTs) and stackable items (fungible tokens).
Example
In a blockchain game, ERC-1155 can manage unique characters (NFTs) and common gold coins (fungible) within the same system.