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 ...
These aren’t your grandpa’s trading cards. NFTs, or non-fungible tokens, have taken the world by storm this year. When Christie’s auctioned off an NFT for more than $69 million in March, it propelled ...
Welcome to Hard Fork Basics, a collection of tips, tricks, guides, and advice to keep you up to date in the cryptocurrency and blockchain world. In the world of cryptocurrency, tokens are king. It’s ...
A representation of an asset on a blockchain that is interchangeable. Cryptocurrencies are the prime example of fungible tokens because each coin has the same value as any other coin of the same type ...
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 ...
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): Why in News? Recently a painting has been sold for 69 million dollars but in the form of a Non Fungible Token. The painting has been bought by Meta Kovan. He would get a ...
"I know you can be underwhelmed and you can be overwhelmed, but can you ever just be whelmed?" So Chastity asks Bianca in the excellent 1999 comedy 10 Things I Hate About You, and pretty much sums up ...
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 ...