Gods Unchained Cards ENS names CryptoKitties and Decentraland land are just a few examples of supported non-fungible tokens.

Examples of non fungible tokens. NFT stands for non-fungible token. Indivisible Most Non Fungible Tokens are not divisible into smaller units. To tokenize means creating a token representing a good or an asset.

Assets like bitcoin are fungible meaning that all bitcoins are the same and completely interchangeable. Examples of Non-Fungible Assets are diamonds snowflakes and artwork. Non-Fungible Tokens or NFTs are unique cryptographic tokens that cannot be replicated.

When you buy a share of a company you buy a fraction of that company. NFTs can be tokens that represent digital art houseproperty or precious gems like diamonds. These things are not interchangeable for other items because they have unique properties.

The first example of Non-Fungible Tokens was through a project called CRYPTOPUNKS. Non-fungible is an economic term that you could use to describe things like your furniture a song file or your computer. Money and company shares are the usual examples of fungible tokens.

These unique qualities add or subtract value to the asset itself and all assets are different from one another. Non Fungible Token is the best example of how a token can be used to create scarcity which results in the creation of value for that token. But I like to have it because it is one that you typically dont find in Non-Fungible things.

Non-fungible tokens NFTs are a special type of token which are not interchangeable with other tokens. The token by itself has no value. There are several examples of nonfungible items in the real world such as drama event tickets paintings etc.