Skip to main content

How Does ERC-1155 Facilitate “Cold Storage” of Diverse Assets?

Since a single ERC-1155 contract can hold multiple fungible and non-fungible tokens, a user can consolidate a diverse portfolio of assets under one contract address. This simplifies the process of securing the assets, as only one private key needs to be protected in a cold storage solution (like a hardware wallet) to control a variety of different token types.

Can ERC-1155 Be Used to Represent a Portfolio of Financial Assets?
How Does a Token Standard like ERC-20 Differ from ERC-721?
What Specific Efficiency Improvements Does the ERC-1155 Standard Offer over ERC-20 for Large-Scale Token Operations?
Can ERC-1155 Be Used to Bundle a Portfolio of Different Financial Assets into a Single Token, and What Is the Benefit?