Cryptocurrency Q&A
Should I use ERC-721 or ERC1155?
Should I use ERC-721 or ERC1155?
ShintoSanctuary
Mon May 13 2024
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5 answers
998
I'm really torn between ERC-721 and ERC-1155 for my next crypto project. ERC-721 seems to be the go-to standard for unique, non-fungible tokens, like digital art or collectibles. But ERC-1155 offers the flexibility of both fungible and non-fungible tokens under one umbrella. Which one should I choose? ERC-721 seems more established and widely adopted, but ERC-1155 could offer cost savings and efficiency for my platform. Is ERC-1155 ready for prime time, or should I stick with the tried-and-true ERC-721? I'm looking for advice from experts in the crypto space to help me make this decision.
5 answers
Riccardo
Wed May 15 2024
ERC-721 stands out as a preferred standard for creating NFTs.
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Pietro
Wed May 15 2024
These NFTs serve as representations of unique digital assets.
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CryptoWizardry
Tue May 14 2024
Artwork, collectibles, and in-game items are among the assets represented.
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ethan_carter_engineer
Tue May 14 2024
ERC-1155, on the other hand, offers enhanced flexibility.
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Tommaso
Tue May 14 2024
It supports multiple token types within a single contract, catering to complex ecosystems.
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