NFT, or Non Fungible Token, is an asset type based on blockchain technology. The opposite of this in crypto assets is Fungible Token (FT). Bitcoin or ethereum are homogenized tokens, similar to "standardized products" in traditional finance. Compared to homogenized tokens, NFTs are more "personalized" and are similar to "non-standard products" in traditional finance.

The difference between the two is that

Homogenized pass-throughs are characterized by the fact that each asset is indistinguishable and interchangeable. Each NFT represents the ownership of a unique and specific asset, such as a digital artwork, virtual game item, rare collectible or other digital or physical asset. Therefore, they cannot be directly replaced by another NFT. They cannot be exchanged one for one, as no two NFTs are the same.

Homogenized tokens can be split into very small units for trading circulation. A non-homogenized token, on the other hand, is an indivisible, unique pass-through.

NFTs can represent artwork, collectibles or game items, etc. and have different characteristics than collectibles in the traditional game economy system.

Ownership: Whereas a centralized institution (such as a game operator) can control or even take away virtual assets at will, NFTs are assets that are actually owned by players in their wallets.

Permanence: Once an NFT is minted, it can exist on the blockchain forever.

Demonstrable scarcity: Since all records are publicly accessible, it is possible to confirm the number of NFTs in existence at any time.

Provenance: It is possible to know exactly who has held the NFT, all the way back to the NFT's creator.

Programmability: Using smart contract technology, NFTs can be traded between players or even with other games or applications.

Decentralized: The economy maintains its integrity in a fully trusted manner, and once launched, can still be spontaneously driven by the community to run even after leaving the project side of the game.

NFT, or Non Fungible Token, is an asset type based on blockchain technology. The opposite of this in crypto assets is Fungible Token (FT). Bitcoin or ethereum are homogenized tokens, similar to "standardized products" in traditional finance. Compared to homogenized tokens, NFTs are more "personalized" and are similar to "non-standard products" in traditional finance.

The difference between the two is that

Homogenized pass-throughs are characterized by the fact that each asset is indistinguishable and interchangeable. Each NFT represents the ownership of a unique and specific asset, such as a digital artwork, virtual game item, rare collectible or other digital or physical asset. Therefore, they cannot be directly replaced by another NFT. They cannot be exchanged one for one, as no two NFTs are the same.

Homogenized tokens can be split into very small units for trading circulation. A non-homogenized token, on the other hand, is an indivisible, unique pass-through.

NFTs can represent artwork, collectibles or game items, etc. and have different characteristics than collectibles in the traditional game economy system.

Ownership: Whereas a centralized institution (such as a game operator) can control or even take away virtual assets at will, NFTs are assets that are actually owned by players in their wallets.

Permanence: Once an NFT is minted, it can exist on the blockchain forever.

Demonstrable scarcity: Since all records are publicly accessible, it is possible to confirm the number of NFTs in existence at any time.

Provenance: It is possible to know exactly who has held the NFT, all the way back to the NFT's creator.

Programmability: Using smart contract technology, NFTs can be traded between players or even with other games or applications.

Decentralized: The economy maintains its integrity in a fully trusted manner, and once launched, can still be spontaneously driven by the community to run even after leaving the project side of the game.