Limited edition + redeem

i would like to know if I can do an open edition of 1 unique NFT but limited to 500 ex.
should i use ERC-1155 contract ?
And then how to make multiples redeem as the balloon.

Thank you for your answer !

So there is 1 token and 500 editions? This will display as 1 token with 500 owners.

Are you referring to the Nyan Balloon? In this case the creator setup multiple burn campaigns.

Thank u !
Cannot let people buy a maximum of 6 tokens / wallet among the 500 ?

Yes I was referring to the Nyan Balloon