Non-fungible tokens, or NFTs, are unique crypto assets. They can be used to represent both tangible and intangible items. A tangible product is a physical object that can be touched such as a building, gadget, etc whereas an intangible product can only be perceived indirectly. Fungibility is the ability of an asset to be interchanged for another of an alike item for example gold, dollar, etc. Non- fungibility is the ability of an asset to be irreplaceable or unique for example art, etc.
6
64 reads
CURATED FROM
IDEAS CURATED BY
19 | Generalist, Content Creator, Student at Christ University. Stashing about entrepreneurship, self-help, spirituality and the most interesting stuff I read.
Similar ideas to Fungible, Non Fungible?
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Personalized microlearning
—
100+ Learning Journeys
—
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates