ERC 1155 is a new token standard that aims to be better than the previous standard, creating value-saving and gas-saving token contracts.
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ERC-1155 is a multipurpose standard built into the Ethereum platform. I use the word 'multipurpose' because it fulfills the purpose or function of the ERC-20 and ERC-721 standards. So, we can say it has an improvement over the kind of standard that exists…
