Understand difference between fungible tokens vs NFTs, their key differences, use cases and how they power Web3 economy.

The definition of fungible by Merriam-Webster is: "being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying ...

Indian law treats NFTs as Virtual Digital Assets taxable at 30% under Section 115BBH. The key takeaway is that traditional asset classification is overridden by a special tax ...

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 ...

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This article was originally published on Nasdaq.com. It was written by Rutgers Business School fintech professor Merav Ozair. Non-Fungible Tokens (NFTs) have been getting a lot of media attention.

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Non-fungible tokens (NFTs) have taken the world by storm as ...

Fungible and non-fungible may sound like terms you should remember from high school biology, but they actually have very simple explanations—and many implications for blockchain, tokenization and ...