✨Benefits

• Simplified Asset Management: The mainId and subId structure of DLT allows for a more organized and efficient management of assets, making it easier for developers to handle complex scenarios involving diverse asset types with multiple attributes.

• Optimized Gas Costs: By allowing efficient management of diverse asset types within a single contract, DLT helps reduce gas costs associated with smart contract interactions. This is especially beneficial in a world where gas prices can be volatile and high.

• Inherent Scalability: The dual-layer structure of DLT ensures scalability, as it’s designed to handle various asset types and their attributes without sacrificing efficiency. This is particularly crucial when dealing with real-world assets that can have multiple components and require flexible management.

• Enhanced Interoperability: As a standard, DLT promotes a more cohesive ecosystem by facilitating interaction and integration with other blockchain projects, wallets, and marketplaces. This interoperability is essential for the growth and adoption of blockchain technology across various industries.

• Fostering Innovation: The versatility of DLT encourages developers to explore new and creative applications across industries and use cases. The unique combination of mainId and subId structures makes it easier to adapt to different scenarios and requirements, enabling innovative solutions that might not be possible with other token standards.

In summary, while ERC20, ERC721, and ERC1155 token standards have their merits, they each have limitations in handling diverse asset types and attributes within the same contract. DLT overcomes these limitations by providing a more flexible, efficient, and scalable solution that caters to a wide array of applications and industries. The unique characteristics of DLT make it indispensable in situations where the efficient management of diverse assets is critical, and bypassing its use would lead to less optimal outcomes.