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NFT News

Zora Adds New Feature to Allow Creators to Write NFT Smart Contract

Written By Rajpalsinh
Published 2023-03-22
Make The Crypto Times preferred on GoogleGoogle
Zora Adds New Feature to Allow Creators to Write NFT Smart Contract

The NFT marketplace on the Ethereum network, Zora announced the integration of a new feature on its platform that allows creators to create and deploy their own ERC-1155 smart contract. 

With 1155 editions, blue sky’s the limit with what you can do with a body of work.

→ Create curatorial cohesiveness.
→ Tell a story that builds over time.
→ Make multiple moments.

Imagine.https://t.co/TdHlMArwYa pic.twitter.com/j024I3XmcA

— $zora (@zora) March 20, 2023

ERC-1155 smart contract enables the creation of various types of tokens including fungible, non-fungible tokens (NFTs), and semi-fungible tokens. That means, with the help of a new feature added on Zora, users will be able to mint their own collections.

Zora is expecting a rush of new users after adding the new feature. Through ERC-1155, creators can curate multiple NFTs on a single organized contract, and add a new collection in the already deployed smart contract at any time. Also, they can do batch minting while saving transaction costs efficiently.

Also Read: Blur Overtakes OpenSea amid Increasing Hype of Ethereum NFT

On Twitter, Zora indicated the arrival of similar fascinating developments in the future. It stated, “More coming soon. Stay tuned.”

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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