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What year was the ERC-1155 Ethereum token standard introduced?
- 2019

Which of the following best describes the ERC-1155 token standard?
- For creating both fungible and non-fungible tokens

How are ERC-1155 tokens primarily managed?
- Through a single smart contract for multiple token types

What is a key efficiency benefit of the ERC-1155 token standard?
- Reducing the number of transactions for multiple items

What unique feature does ERC-1155 offer for security?
- Token reclamation options

Which of the following is a challenge associated with ERC-1155?
- Complexity of the system

ERC-1155 is considered a combination of which two other Ethereum token standards?
- ERC-20 and ERC-721

What is a notable application of ERC-1155 in the field of gaming?
- Facilitating the transfer of large batches of items

What distinguishes ERC-1155 in terms of tokens' fungibility?
- It allows for semi-fungible tokens

What is a predicted future trend for ERC-1155, especially regarding NFTs?
- It may outpace ERC-721 for NFTs

What is the primary purpose of ERC-404 tokens?
- To enable native fractionalization of NFTs

What inspired the creation of ERC-404 tokens?
- To address liquidity issues in NFTs

Which of the following best describes ERC-404 tokens in terms of fungibility?
- Semi-fungible

How does ERC-404 compare to ERC-20 and ERC-721 standards?
- It combines elements from both ERC-20 and ERC-721

What unique mechanism is used in the Pandora project's implementation of ERC-404?
- Rarity refresh mechanism for NFTs

What is a key difference between ERC-404 and ERC-1404 token standards?
- ERC-404 lacks a formal security-focused EIP

What is the total supply cap of Pandora (PANDORA) tokens?
- 10,000

How does fractional ownership work in the context of ERC-404?
- It's built directly into an NFT's smart contract

What is a significant risk associated with ERC-404 tokens?
- Potential security vulnerabilities due to lack of formal audit

How does the DeFrogs collection utilize ERC-404?
- By offering fractional ownership with guaranteed NFT minting