ERC-1155 is a multi-token standard on the Ethereum network, proposed in 2018. It is designed to allow the creation of both fungible and non-fungible tokens within a single smart contract, providing a flexible standard for issuing a wide range of tokens on Ethereum.

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ERC stands for (Ethereum Request for Comment) is a technical standards and specifications for implementing Tokens under Ethereum ecosystem

ERC Ethereum Improvement Proposal

ERC-721 is an Ethereum token standard that defines rules for creating non-fungible tokens (NFTs). Each ERC-721 token is unique and represents ownership of a specific asset, making the standard well suited for representing distinct digital assets such as art, collectibles, or in-game items.

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