ERCs (Ethereum Request for Comments) are technical documents used by smart contract developers at Ethereum. They define a set of rules required to implement tokens for the Ethereum ecosystem. In this article, we'll be explaining the difference between token types used on Nifty's from the ERC-1155s to ERC-721s.
ERC-1155s are tokens that allow multiple copies to be issued. The difference between the ERC-1155s and the more popular ERC-21s is the ERC-21s are unique in that each item is a unique asset vs. the 1155s multiples.
ERC-721s are unique and can have a different value than another Token from the same Smart Contract.
Do these NFTs have serial numbers?
The "numbers" associated with your NFTs are not serial numbers.
- These numbers themselves are not directly attributed to the amount or quantity.
- Each number is more a code with each individual digit representing a unique identifier.
Are these NFTs actual NFTs?