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The representation of asset ownership in the digital world has changed as a result of NFTs. Users can securely, transparently, and immutably identify ownership of assets via NFTs. However, it takes a lot of time and is unsuccessful to transfer a complete set of NFTs. As a result, Semi-Figible Token, the next-generation multi-token standard, is becoming more and more popular.
Because it enables both NFT and fungible tokens, semi-fungible token creation makes batch token transfers simpler. Gas expenses are reduced by using a single contract for numerous NFT kinds.
Read More: https://www.turnkeytown.com/semi-fungible-token-development
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