GlossaryAdvanced
ERC-1155
A token standard that lets a single contract manage both fungible and non-fungible tokens.
ERC-1155 is a multi-token standard that lets one smart contract manage many different token types together, including both fungible and non-fungible tokens, rather than deploying a separate contract per token type.
This is commonly used in gaming and large collectible projects, where many different item types need to be managed efficiently within a single contract. See Kaavon's "ERC-20" and "ERC-721" glossary definitions for the two single-purpose standards ERC-1155 combines into one contract.
Examples
- A game might use ERC-1155 to manage both stackable in-game currency and unique item NFTs in one contract.
- ERC-1155 can reduce the technical overhead of deploying many separate token contracts.