the year 2020 will be remembered within the world of crypto currencies for the boom in decentralized finance and although it was expected that this trend would spread throughout 2021
it seems that we have a new trend with non-fungible tokens or better known as nft tokens and so you can see as always that this information did not come from my sleeve I have searched google trends for the word nft and nfts and how you can see the number of searches and the interest of the audience is through the roof and especially if it we compare, for example, with the difi or bitcoin that are down, we are going to talk about a trend that has exploded within crypto currencies in recent months so that you can understand what nft is the difference between fungible tokens and non-expendable ones. welcome, what is a touch in nft let's start at the beginning a token is a digitization of any object either physical or digital that can be bought, sold or exchanged and it does not have to be money as such but also any type of thing you have an added value.
Let's see that is easy but what is the difference between fungible and non-fungible is very easy to understand fungible means that it has a fixed value for example think of bitcoin or real money since after all they are assets that have the The same value is already in my wallet or yours, for that reason the fungible tokens can be exchanged directly for each other because they have a fixed value, however, an nft or a non-fungible token tries to visualize it as if it were a collectible or what is the same an asset that is unique that can be for example a digital representation of a physical asset or a completely digital asset and as the non-fungible tokens are unlimited or even sometimes unique instead of having a fixed price they could have a super high price or even increase in value over time.
