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Non-Fungible Tokens: NFTs FTW

Added by in BloqLabs, Industry

Cryptocurrency and blockchain technology conversations in mainstream (and even industry) media have largely focused on fungible tokens such as bitcoin (BTC) and ether (ETH). Fungibility essentially means that one unit of a commodity is transferable for another unit of that same commodity at a rate of 1:1 – none are unique. But we’re beginning to see exciting discussions and developments from another kind of token – a non-fungible or “digitally unique” token (aka NFT). …