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 ...

The dictionary's editor-at-large explained the process of defining the term. After months of buzz around non-fungible tokens, or NFTs, the three-letter word has officially been added to ...

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 ...

Let’s start from the basics and define non-fungible tokens (NFTs). A Non-Fungible Token is a unit of data stored on a digital ledger, most commonly known as blockchain technology. This structure ...

NFTs, or non-fungible tokens are shaking up the art world. So much so that one piece of crypto art recently auctioned for more than $69 million. We explore what non-fungible tokens are, and why ...

Ever since Satoshi Nakamoto released the Bitcoin whitepaper in August of 2008, blockchain technology has been disrupting the world of finance. However, thanks to non-fungible tokens (NFTs), tremendous ...

NFTs are a symbol of the combination of technology, art, and finance in this blockchain era. Both NFTs and Altcoins evolve with each passing day, promising to reshape not only how we will buy and sell ...

Alphabet is one of the largest companies in the world, with a market capitalization of over $1.8 trillion. Google could help bring awareness to climate change and boost efforts to make changes. Market ...

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Sony is developing a new concept called "super-fungible tokens" for gamers to purchase and exchange various gaming assets. This new patent could potentially allow players to use one-time-use tokens ...

In December, reports suggested that Microsoft had acquired Fungible, a startup fabricating a type of data center hardware known as a data processing unit (DPU), for around $190 million. Today, ...