ERC-1155
By CoinGecko | Updated on Aug 13, 2021
ERC-1155 token standard allows each token ID to represent both non-fungible (NFTs) and fungible tokens which may have their metadata, token supply and other attributes. It is used to promote efficiency in batch token transfers, and it allows many types of NFTs to be created with a single contract.
Related Terms
Token Generation Event (TGE)
An event in which new tokens (ussually on a smart contract platform) are created and distributed to the public.
cc0 NFT
A cc0 NFT is a piece of digital content where the IP rights have been relinquished.
Miners
Contributors to a blockchain taking part in the process of mining.
Enterprise Ethereum Alliance (EEA)
Enterprise Ethereum Alliance is made up for a group of Ethereum developers, corporations as well as startups who are collaborating to find ways to use Ethereum for business applications.
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