How Does the Token ID Structure of ERC-1155 Enable the Creation of Semi-Fungible Financial Assets? ▴ Learn

How Does the Token ID Structure of ERC-1155 Enable the Creation of Semi-Fungible Financial Assets?

The token ID in ERC-1155 is a 256-bit identifier that can be structured to encode both the asset type and a specific property, such as an expiration date or a tranche number. For example, a token ID could encode 'Bond Type A' plus 'Maturity Date 2025.' All tokens with this specific ID are fungible with each other, but non-fungible with tokens having a different ID (e.g.

'Maturity Date 2026').

What Is the Concept of a Semi-Fungible Token (ERC-1155)?

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?

What Are the Key Differences between ERC-721 and the Newer ERC-1155 Standard?