ERC1155 - skka3134

What is ERC1155? ERC1155 allows users to infinitely reuse fungible or non-fungible tokens within the same smart contract.
If you are developing a blockchain game and need two types of currency, gold coins and equipment, you will need an ERC20 and an ERC721 contract. If you use ERC1155, fungible tokens correspond to gold coins in the game, and non-fungible tokens correspond to equipment in the game.
Transfers: If you want to transfer 500 pieces of equipment in bulk, you would need to send 500 transactions. If you use ERC1155, you can transfer token assets in bulk and transfer multiple token assets to different objects in one operation, greatly improving efficiency and reducing time and gas fee costs.
Minting: When minting a sword, for example, if the game platform wants to issue a total of 1000 swords, using ERC721 would require repeating the same operation 1000 times. This process is extremely cumbersome, even with automated programs to assist. It would still take a long time, and the bigger issue is the need to pay gas fees 1000 times. Based on the current gas fee level at the time of writing this article, minting these 1000 swords would require nearly 10,000 USDT worth of ETH. During the peak gas fee period in May, it would require spending hundreds of thousands of USDT worth of ETH. Such costs are unbearable for most companies. However, using ERC-1155 for minting allows for the completion of these 1000 sword minting in one go, with extremely high efficiency and only one gas fee transaction. Compared to ERC-721, the cost is very low.