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The ERC-1155 standard allows for multiple semi-fungible tokens.

If I understand correctly, this would be no different than creating multiple ERC-20 contracts, with the same token quantities, to represent the digital goods. The only benefit is having everything in the same place.

Are there other reasons to use ERC-1155 instead of multiple ERC-20 contracts?

2 Answers 2

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ERC-1155 tends to be more useful for things such as games that need both fundable (In-game gold) and non-fungible(land) tokens.

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  • Why would a game creator one ERC-1155 contract, instead of creating multiple individual ERC-20 and ERC-721 contracts?
    – tjr226
    Apr 8, 2021 at 13:57
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The only benefit is having everything in the same place.

ERC-1155 is orders of magnitude more gas efficient, as deploying an ERC-20 contract is costly with current Ethereum gas prices.

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  • So switching to 1155 at least saves the gas required to initialize multiple new ERC-20 tokens?
    – tjr226
    Apr 8, 2021 at 13:54
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    This is correct. Apr 8, 2021 at 14:53
  • why not just use a proxy pattern instead?
    – Jonah
    Sep 15, 2022 at 17:29
  • Because proxy pattern solves a different problem Sep 15, 2022 at 19:20

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