Smart Contracts Overview
HyperMint provides three types of smart contracts:
- Non-fungible tokens representing ownership of arbitrary data.
- Only one NFT can reside in a single contract.
- Ideal for digital assets that represent one's immutable ownership of those assets (e.g. digital arts).
- (ERC721A) highly gas-optimized implementation of the IERC721 standard.
- (ERC721A) batch mint tokens for close to the cost of one.
- Semi-fungible tokens categorized by token kind.
- Multiple NFTs can reside in a single contract.
- Tokens are tradable as fungible tokens. Once redeemed, they are converted to non-fungible tokens.
- Ideal for gaming collectables and POAPs.
Category | ERC721 | ERC1155 |
|---|---|---|
Fungibility | Non-fungible only | Fungible and non-fungible |
Token Kind per Contract | Single | Multiple |
Token Supply | Limited | Unlimited |
Token Transfer | One at a time | One or multiple at a time |
Operation Efficiency | One operation per transaction | Multiple operations per transaction |
It is important to understand your current and future use case before committing to a contract type as the contracts are not upgradable and can't be changed once deployed.
Please note that splitter contracts are a separate category of contracts from ERC-721 and ERC-1155 as this is not a smart contract standard for NFTs. But this is a smart contract provided at your convenience to help split proceeds made from selling your NFT Collection. We have listed it here to show all the contracts HyperMint has to offer you.
Most marketplaces today don't have a way to easily split revenue and royalty among collection collaborators and HyperMint's splitter contracts are here to remedy that. Our splitter contracts, which can be used standalone or attached to a minting contract, provide the functionality to split proceeds (from minting and/or secondary royalties) to be split between multiple payees.
At this stage in the creation of your contract, we will focus on ERC721A and ERC1155. For learning more about splitter contracts and how to create one to link to your NFT Collection, see Proceeds & Royalties.
To Note: Payees cannot be changed on a splitter contract post deployment
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Last modified 6mo ago