1
Semi-fungible tokens (SFTs) are tokens developed on the ERC-1155 standard.
2
SFTs are appropriate for in-game goods requiring many copies.
3
Batch processing enables many sales/purchases inside a single transaction.
4
SFTs are an affordable and scalable alternative to NFTs for in-game economies.
NFTs were the highlight of 2021 inside the crypto marketplace. Although they’re precise and can have enterprise-wide use instances, they have boundaries. Semi-fungible tokens were developed to cope with the restrictions of NFTs.
In this newsletter, we can explore semi-fungible tokens and their pros compared to NFTs.
What is a semi-fungible token?
Semi-fungible tokens integrate the functions of their fungible and non-fungible opposite numbers. SFTs use the ERC-1155, which is well known for allowing the one-to-one exchange of the same SFTs within the same settlement. During their preliminary tiers, SFTs act like fu
We współpracy z: https://www.thecoinrepublic.com/2024/03/16/what-are-semi-fungible-tokens-and-what-are-they-used-for/
