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This job is closed
- 3-5 years experience driving the short-term and long-term product strategy and roadmap, prioritize initiatives, and ensure the timely execution and delivery of products
- Define product requirements for DeFi financial products by gathering user needs and feedback. He/ She will work closely with engineering team to drive development to launch
- Develop product and management processes and documentation to educate users, the community, and stakeholders on product changes and features
- Direct experience of Solidity and one other programming language (Java, Go, Python…)
- Working knowledge of the mechanics of ERC721, ERC-20 and ERC-1155 token standards
- Has participated in the writing of a whitepaper for crypto projects
- Familiarity with blockchain bridges, defi protocols or block explorers
- Open minded to new ideas and an effective leader, able to motivate a team and influence external stakeholders. Excellent written and verbal communication skills
- You have an understanding of DeFi, crypto communities, and traditional finance products; passion in the blockchain/ crypto space
What are ERC 1155?
ERC-1155 is a token standard for the Ethereum blockchain that was proposed by Enjin in 2018
It is a unique token standard that allows for the creation of both fungible and non-fungible tokens within the same contract, which provides significant benefits in terms of efficiency and flexibility
One of the main advantages of ERC-1155 is that it reduces the number of transactions required to manage multiple types of tokens
Traditionally, creating a dApp that manages multiple types of tokens would require a separate smart contract for each type, which can be cumbersome and inefficient
With ERC-1155, developers can create a single smart contract that manages both fungible and non-fungible tokens, which reduces the overall complexity of the dApp
Another advantage of ERC-1155 is that it allows for the creation of semi-fungible tokens
These are tokens that have some fungible and some non-fungible properties
For example, a game item might have a set of properties that are unique to that item (making it non-fungible), but also have a set of properties that are shared among multiple items (making it fungible)
This makes it easier to manage in-game items and provides greater flexibility for game developers
ERC-1155 also supports batch transfers, which allow for multiple tokens to be transferred in a single transaction
This can reduce gas costs and improve overall efficiency when transferring large numbers of tokens
Overall, ERC-1155 is a flexible and efficient token standard that provides a range of benefits for developers creating dApps that manage multiple types of tokens
It has been adopted by a number of projects in the gaming and collectibles space, but has potential applications in other industries as well.