7/28/2023 0 Comments Download nft cryptokitties![]() Banknotes, in contrast, can be simply exchanged one for another if they hold the same value, there is no difference to the holder between, say, one dollar bill and another.īitcoin is a fungible token. They cannot be swapped like for like, as no two NFTs are alike. It’s this information that makes each NFT unique, and as such, they cannot be directly replaced by another token. Non-fungible tokens are digital assets that contain identifying information recorded in smart contracts.
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