ERC 1155

A standard interface for contracts that manage multiple token types. A single deployed contract may include any combination of fungible tokens, non-fungible tokens or other configurations (e.g. semi-fungible tokens).

What is meant by Multi-Token Standard?

The idea is simple and seeks to create a smart contract interface that can represent and control any number of fungible and non-fungible token types. In this way, the ERC-1155 token can do the same functions as an ERC-20 and ERC-721 token, and even both at the same time. It improves the functionality of both the ERC-20 and ERC-721 standards, making it more efficient and correcting obvious implementation errors.

The ERC-1155 token is described fully in EIP-1155(opens in a new tab). ERC-721 vs ERC-1155 To better understand the differences between ERC-1155 and ERC-721, we recommend you first read about token standards, ERC-20, and ERC-721.