Maxity Support
EXPLORECHARITIESHOW IT WORKSWHO WE ARE
  • 📃Whitepaper
    • Overview
    • Introduction
    • Background
    • Maxity NFT marketplace platform
    • Maxity's Web3 social impact protocol
    • Maxity Symbiotic Metaverse
    • MAX Token and Maxity DeFi platform
    • Corporate Philosophy
  • --------- FAQ ---------
  • 🧚‍♂️For NGOs
    • How should we decide what NFTs we should develop?
    • Must I have a crypto wallet?
    • How can I verify the real value of NFTs, and Maxity’s credibility as a platform for selling NFTs?
    • Why would someone buy an NFT?
  • 🦸For Buyers
    • Supported wallets on the Maxity NFT marketplace
    • Installing a MetaMask Wallet
    • Where can I purchase Matic?
    • Can I purchase an NFT without purchasing Matic?
    • Use Maxity on mobile phone
    • Long waiting time for confirmation from blockchain?
    • I am not able to claim my NFT
    • I have received an NFT transfer confirmation email, but I can’t see my NFT in my wallet
    • I can see my NFT in my wallet, but the image won’t display
    • I want to link my NFT to my social media profile page
  • 🛸Creator
    • Verify account as creator
    • Do I have to pay listing fees
    • Is there a cost for minting NFTs?
  • 🌱Fee
    • Transaction Gas Fee
    • What are royalties
    • Fee structure on royalties
  • 🤖Other
    • What is an NFT?
    • What is the ERC-721 protocol? How does this differ from ERC-1155?
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What is the ERC-721 protocol? How does this differ from ERC-1155?

The ERC-721 protocol is a standard for creating unique, non-fungible tokens (NFTs) on the Ethereum blockchain. Each ERC-721 token is unique and can represent a specific asset, such as a piece of artwork or a collectible item.

On the other hand, ERC-1155 is a newer token standard that allows for the creation of both fungible and non-fungible tokens on the Ethereum blockchain. ERC-1155 tokens can represent multiple instances of the same asset, and each instance can have unique properties or attributes. This means that ERC-1155 tokens can be used to represent a variety of different assets, from game items to digital collectibles.

One key difference between ERC-721 and ERC-1155 is that ERC-721 tokens are always unique and cannot be divided into smaller units, while ERC-1155 tokens can be divided into smaller units or combined to represent larger quantities of an asset. Additionally, ERC-1155 tokens are more efficient in terms of gas usage and can be used to batch transfer multiple tokens in a single transaction.

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