Learn about fungible and non-fungible token types and how they’re used in decentralized applications.
What is a non-fungible token (NFT)?
A non-fungible token is a type of cryptographic token unique in its attributes typically programmed into the NFTs issuing smart contract or are part of the initial native configuration of the NFT before issuance.
What is asset tokenization?
Blockchain will tend to the financial landscape and enable an asset to be easily broken down into smaller units, representing ownership, encouraging the democratization of investment in historically illiquid assets and bring about fairer markets.
What is a central bank digital currency (CBDC)?
CBDC is short for Central Bank Digital Currency — it's an electronic form of central bank money that citizens can use to make digital payments and store value. A CBDC is a digital currency, it's issued by a central bank, and is universally accessible.
What is a security token offering (STO)?
A security token is a unique token issued on a permissioned or permissionless blockchain, representing a stake in an external asset or enterprise. Entities like government and businesses can issue security tokens that serve the same purpose as stocks, bonds, and other equities.
What is a stablecoin?
Stablecoins are an attempt to create a cryptocurrency token with a stable price—their stability commonly achieved by pegging the token to an asset such as gold or fiat. By being backed by more traditional investments, the market has greater confidence in their price. For this reason, stablecoins are often the go-to option for both institutional and retail users of cryptocurrencies.