The non-interchangeable token (NFT) in honor of the popular Doge meme has become the most expensive ERC-1155 token currently available.
Now the popular meme with the image of a Shiba Inu dog breed has not only a separate Dogecoin cryptocurrency, but also a unique token. It was released on 1st of March and is backed by 1,155,777.1 (ENJ) Enjin Coin worth about $ 130,000 at the time of publication.
This is only $ 0.01 – 0.1 ENJ more than the cost of the previous most expensive The Monolith ERC1155 token, released 2 years ago for the gaming universe Multiverse.
The ERC-1155 standard was developed by Enjin to overcome the limitations of the ERC-721 standard, used, for example, in the game CryptoKitties. ERC-1155 allows you to store several tokens in one contract, using a minimum amount of data to give them distinctive features.
Earlier, the Binance exchange entered the space of non-interchangeable tokens. Its CEO Changpeng Zhao confirmed that the company sees potential in such tokens, but users are more interested in speculative assets.