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onten.eth 🎩 pfp
onten.eth 🎩
@rezaisgoat.eth
The Farcaster pro nft has been airdropped to the first 10K users. > It is an ERC1155 NFT > Currently has 0.1ETH offers on it > Floor is 0.14 but no sales yet > The art is a really cool gif animation! (NFA but I expect it to be worth 5x of what it is now really soon!)
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Mike Koller ↑ pfp
Mike Koller ↑
@mkoller
ELI5 ERC1155 if you can?
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onten.eth 🎩 pfp
onten.eth 🎩
@rezaisgoat.eth
There are two major standard types of NFTs ERC721 and ERC1155. ERC721 NFTs are like your typical PFP projects, each one is different from another. On the other hand there can exist multiple similar ERC1155 NFTs for a token with the same token number for each person. Here's how you can differentiate them on OpenSea: The contract type and the fact that multiple people own that single NFT is written there as tags.
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Mike Koller ↑ pfp
Mike Koller ↑
@mkoller
So if it was an ERC721 there might be people bidding over who is #1, first 100, etc, right?
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