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Non-fungible tokens (NFT); sounds like some complex biology terms that you are supposed to have crammed in high school. Why can’t these tokens just be fungible? What is ‘fungible’ anyway?
Fungibility refers to a currency’s ability to maintain a standard value and uniform acceptance. It generally means that a currency’s history does not affect its value and each piece of that currency is equal in value to every other piece. Therefore, non-fungible tokens are blockchain assets that are designed to not be equal. It probably still does not make sense.
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