ERC-1155 (sometimes called ERC1155) is a token standard on the Ethereum blockchain that enables the creation and management of multiple tokens of different types within a single smart contract. Introduced by Enjin in late 2017, ERC-1155 was designed to address limitations present in earlier standards like ERC-20 (used for fungible tokens) and (used for NFTs). This innovative approach allows developers to create both fungible and non-fungible tokens while streamlining gas costs and simplifying transactions. This token standard is particularly beneficial for gaming , where various types of in-game assets need to be represented and managed. By utilizing a single contract, developers can reduce the complexities associated with deploying multiple contracts, thereby improving efficiency and usability within dApps.