MOCKTAIL is the world’s first ERC 1155 standard Semi-Fungible Token (SFT) on Binance Smart Chain.

in #mocktailswap3 years ago

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What is special about ERC1155?

According to Blockchain experts, Non-Fungible Tokens can revolutionize the future of blockchain. Do you really understand this concept and how can it be used? Let’s start talking about the basics and discussing what makes NFTs special and with a promising future.

•Fungible Tokens and Non Fungible Tokens•

Fungibility is important in the world of blockchain and cryptocurrency. It is desired for any currency, traditional or digital, since most currencies aim to be an interchangeable asset. A token can be exchanged for any other token of the same value. For example, One US dollar currency can be changed for another US dollar currency without any difference to the user.

In the Ethereum network, there are popular patterns that have been specified by the community itself. Each standard is known as ERC which stands for Ethereum Request for Comments. It defines methods, technology, behaviors for a particular functionality in Ethereum and it is submitted either for peer review.

•ERC-1155•

ERC-1155 is a standard for contracts that manage any combination of fungible tokens and non-fungible tokens.

As a result, the pattern avoids tons of repetitive code circulating the several contracts in the Ethereum ecosystem and saving significant storage space and gas costs.

About the MocktailSwap project?
Mocktail Token is the first semi-fungible token of MocktailSwap. Mocktail Finance is an AMM protocol that incorporates multi-strategy yield optimizing on Binance Smart Chain (BSC) with low fees/slippage that also provides aggregation through vault compounding, lending and yield generation for maximum returns.

MocktailSwap is the decentralized swap solution on Binance Smart Chain. We provide a platform to create completely secured and fast decentralized token swaping system.

  • Stable positioning of your assets with little to no impermanent loss

  • Automated, maximally optimized yield

  • Complete Decentralization

  • A fully governance-based MOK token economy

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•EXCHANGE•

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•Conclusion•

MocktailSwap is decentralized swap platform running on Binance Smart Chain. Join the network of decentralized exchange, and swap your tokens in MocktailSwap.

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For more information about this project you can see it below:
Website: https://www.mocktail.finance/ https://www.mocktailswap.finance/
Whitepaper: https://docs.mocktailswap.finance/
TG group: https://t.me/MocktailSwap
Facebook: https://www.facebook.com/MocktailSwap
Twitter: https://twitter.com/MocktailSwap
Discord Official: https://discord.gg/cntAVTJbGy
Linkedin: https://www.linkedin.com/company/mocktailswap/
Youtube: https://www.youtube.com/channel/UC4WP5RPMmThoJgHoAIBak0Q

Author
BITCOINTALK name : DrinkWell
BITCOINTALK PROFILE: https://bitcointalk.org/index.php?action=profile;u=2773427
BSC address: 0xbe0fa99025d912eb3cd767ff12b966c3c267e79b

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