I'm confused about the difference between a token and an NFT. Are they the same thing, or are there distinct differences between them? I would like to understand the relationship and differences between these two concepts.
7 answers
Martino
Mon Nov 25 2024
However, they differ significantly from cryptocurrencies in one key aspect.
CryptoAlchemy
Mon Nov 25 2024
A non-fungible token often includes data links.
Tommaso
Mon Nov 25 2024
Unlike cryptocurrencies, NFTs are not mutually interchangeable.
Martino
Mon Nov 25 2024
This unique characteristic means that they are not fungible.
CryptoNinja
Mon Nov 25 2024
NFTs operate similarly to cryptographic tokens in the digital realm.