When an asset is fungible (like the U.S. dollar), it can be exchanged with others of the same type with no change in value of usability. What Is Fungibility? What Makes an Asset Fungible? What Sorts ...
The concepts of fungible vs nonfungible tokens are rather old in economics. Coin-like objects were traded as far back as the Roman Empire, apparently as tokens for brothels or gaming. In Medieval ...
Understand difference between fungible tokens vs NFTs, their key differences, use cases and how they power Web3 economy.
Fungibility has been a consistent theme of 2021, following the meteoric rise of NFTs. But what’s the deal with “semi-fungible” tokens and how do they work? The explosive growth has kickstarted a new ...