Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => NFTs & Collectibles => Topic started by: sana12981 on April 03, 2021, 04:36:21 PM

Title: Fungible and Non Fungible Tokens?
Post by: sana12981 on April 03, 2021, 04:36:21 PM

I am a learner, I am really confused about what is the basic difference between Fungible and Non-fungible Tokens.

Title: Re: Fungible and Non Fungible Tokens?
Post by: Igebotz on June 19, 2021, 02:22:45 PM

Quote from: sana12981 on April 03, 2021, 04:36:21 PM

I am a learner, I am really confused about what is the basic difference between Fungible and Non-fungible Tokens.

Fungible tokens are token that can be interchanged with another asset of the same value, I give u goods worth $20 you can choose to repay me with another asset worth $20 that's what Fungible tokens are all about. Non-fungible means the opposite