ERC-1155 tokens are native to the Ethereum blockchain and can exist in the form of fungible, non-fungible and semi-fungible tokens. Despite its many use cases, the ERC-1155 token standard is best known and used for managing multiple token types under the same single smart contract.

What Are ERC-1155 Tokens?

What Are ERC-20 Tokens?
Overview Bitcoin (BTC) and Ethereum (ETH) are often mentioned in the same sentence as they have been the top two cryptocurrencies in market cap for some time. Whilst both the Bitcoin and Ethereum networks have the underlying principle of a distributed ledger; both differ heavily from a technical standpoint. To have a good understanding of