# Fungible NFTs

Create your own NFT collection for games or a collection that utilizes 1 image accross the entire collection (ERC-1155)

<figure><img src="https://58762777-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F9I0NYQoruZ3ItahEMqSC%2Fuploads%2FDmxZtaUCPWbaq42nH8N5%2FLaunchifiDocsImageTemplateFungi.png?alt=media&#x26;token=8fef45a0-2939-4284-b117-615e35920df6" alt=""><figcaption></figcaption></figure>

ERC-1155 is a digital token standard created by Enjin that can used to create both fungible (currencies) and non-fungible (digital cards, pets and in-game skins) assets on the Ethereum Network. ERC-1155 a new way of creating tokens that allow for more efficient trades and bundling of transactions – thus saving costs. This token standard allows for the creation of both utility tokens (such as $BNB or $BAT) and also Non-Fungible Tokens like CryptoKitties.

**To create your ERC1155 Collection**

*You will have to insert a few parameters:*

## Contract Details

* **Contract Name** - The name of your contract on the network. (No Spaces or Cannot Start with Numbers, i.e. BoredApeYachtClub)
* **Collection Symbol** - The symbol of your Collection. (i.e BAYC)
* **Collection Name** - The full name of your NFT Collection. (i.e Bored Ape Yacht Club)
* **Collection IPFS** - Location of the metadata stored. (can be on your server or IPFS,PINATA)

## Supply Details

* **Price** - How much will each NFT be worth.
* **Total Supply** - How many total NFTs your collection will contain.
* **Max Per Transaction** - Anti-Whale - Limit the minting (creation of NFT) quantity per transaction for each user.
* **Max Per Wallet** - Anti-Whale - Limit the minting (creation of NFT) quantity per wallet for each user.

## Advanced Setup

* **Burnable** - Adds a function to burn some NFTs to increase their value.
* **Pausable** - Adds function to pause the contract functions in case of a Hack or something else.
* **Burn and Mint Match** - Can burn and mint batches of NFT.
* **Payable** - This allows you to charge people to mint your collection otherwise it will be a free mint.
* **Hidden/Reveal Functionality** - Allows you to reveal your real collection at a certain time. You will be required to enter a hidden ipfs to display the image that will show until your collection is revealed.
* **Premint** - Adds a function for the contract owner to mint a certain amount of NFTs for themselves.