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…On the other hand, non-fungible tokens (NFTs) are each unique and have varying value; hence, they are non-fungible tokens.There are certain requirements for a token to be considered fungible: It must be uniform, equally interchangeable with another, and maintain a standard value.Key TakeawayFungible refers to the interchangeability of an identical coin or token.Related WordsSolana Program LibraryThe Solana Program Library (SPL) is a collection of ready-to-use, open-source components for building…
…These include DeFi tokens, governance tokens, non-fungible tokens (NFTs), and security tokens.DeFi, short for decentralised finance, refers to financial systems built on blockchain technology. Each DeFi ecosystem has its own token that allows for a wide variety of functions and can often be traded like any other cryptocurrency. Examples include Aave (AAVE), Uniswap (UNI), and Compound (COMP).Governance tokens are specialised DeFi tokens that give the holder certain rights, such as voting power.…
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…Inspired by Ethereum’s ERC-20, BRC-20 enables developers to create and transfer fungible tokens using the Ordinals protocol.Unlike the ERC-20 token standard, BRC-20 doesn’t make use of smart contracts. It utilises Ordinals inscriptions of JSON data to deploy, mint, and transfer tokens.With recent momentum, a total of 14,200 different tokens (and counting) have been minted using the BRC-20 standard (at the time of writing) — such as the ORDI, the first BRC-20 token. Brief Introduction to BR…
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…Non-Fungible Tokens: 7 Uses of NFTs Beyond Art NFTs can be used for more than just collectibles and art, such as real estate, supply chain, and intellectual property. Learn about NFTs here. Non-Fungible Tokens: 7 Uses of NFTs Beyond ArtLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYNFT2 Jun 2025|BEGINNERS|4 MIN READNon-Fungible Tokens: 7 Uses of NFTs Beyond ArtNFTs can be used for more than just collectibles and art, such as real estate, supply chain, and intellectual propert…
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…Thanks to the creation and implementation of smart contracts, Ethereum has become home to thousands of blockchain projects and non-fungible tokens (NFTs). In some ways, it’s the backbone of the blockchain revolution. Cardano (ADA) is an open-source and decentralised blockchain platform that was one of the first to run on a PoS consensus, gaining a rep as a green crypto coin. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson and facilitates peer-to-peer (P2P) transactions wit…
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…Thanks to the creation and implementation of smart contracts, Ethereum has become home to thousands of blockchain projects and non-fungible tokens (NFTs). In some ways, it’s the backbone of the blockchain revolution. Cardano (ADA) is an open-source and decentralised blockchain platform that was one of the first to run on a PoS consensus, gaining a rep as a green crypto coin. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson and facilitates peer-to-peer (P2P) transactions wit…
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…Thanks to the creation and implementation of smart contracts, Ethereum has become home to thousands of blockchain projects and non-fungible tokens (NFTs). In some ways, it’s the backbone of the blockchain revolution. Cardano (ADA) is an open-source and decentralised blockchain platform that was one of the first to run on a PoS consensus, gaining a rep as a green crypto coin. Cardano was founded in 2015 by Ethereum co-founder Charles Hoskinson and facilitates peer-to-peer (P2P) transactions wit…
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…Non-fungible tokens (NFTs), dapps, and a lot more can be created on Avalanche, with the AVAX token utilised for fees and subscriptions. AVAX Tokenomics Supply: The maximum supply of AVAX is capped at 720,000,000. Distribution, as published by Avalanche: 50% of AVAX tokens are allocated for staking rewards.9.26% allocated to Ava Labs; 7% allocated to community and development. 5% allocated to strategic partners.10% allocated to the founding and non-founding team members of Ava Labs, with a vesti…
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…Non-fungible tokens (NFTs), dapps, and a lot more can be created on Avalanche, with the AVAX token utilised for fees and subscriptions. AVAX Tokenomics Supply: The maximum supply of AVAX is capped at 720,000,000. Distribution, as published by Avalanche: 50% of AVAX tokens are allocated for staking rewards.9.26% allocated to Ava Labs; 7% allocated to community and development. 5% allocated to strategic partners.10% allocated to the founding and non-founding team members of Ava Labs, with a vesti…
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…Asset Tokenisation: What It Is and How It WorksLevel UpNEWIndividualsBusinessesDevelopersDiscoverCompanyUNIVERSITYBlockchain18 Jul 2023|BEGINNERS|5 MIN READAsset Tokenisation: What It Is and How It WorksDiscover the ins and outs of asset tokenisation, plus learn about the benefits of blockchain technology as the future for the digitisation of assets. Key Takeaways: Asset tokenisation is the process of representing ownership rights of physical or digital assets into digital tokens on a blockchain…
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