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 ...
Understand difference between fungible tokens vs NFTs, their key differences, use cases and how they power Web3 economy.
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 ...
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.
Non-Fungible Tokens (NFTs) have been getting a lot of media attention. This is, no doubt, partly a consequence of celebrities auctioning their NFTs for hundreds of thousands of dollars (a photo of a ...