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NFT marketplaces are frequently chosen by creators based on whether or not they support a specific NFC token standard. ERC-721 and ERC-1155 are the two Ethereum standards that have been produced so far. Binance, a competitor, has since developed BEP-721 and BEP-1155 specifications. Because they allow several NFTs to be bunched and transacted together, the two u201c1155u201d standards differ from the original u201c721u201d standards.
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