ERC-1155 vs Token

A multi-token standard on Ethereum that enables single smart contracts to manage multiple token types simultaneously—both fungible and non-fungible—optimizing gas efficiency for applications requiring diverse token economies like blockchain games and complex DeFi protocols.

A digital asset created and managed through smart contracts on an existing blockchain platform, representing various utilities, assets, or rights without requiring its own independent blockchain infrastructure, distinct from coins that operate their own networks.