Ep 3 – Introducing NFTs

In this episode we look at coins and tokens and what makes some fungible and some non-fungible. Welcome to the world of NFTs.

Transcript
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One such term is token. A token is a coin like object that can be used instead of actual coins. So it makes sense with what we explored in the first episode, that digital currency would be a token. It also makes sense that anything else that is used to give you special access to something tangible in the digital world would also be a token. By extension, anything that is an asset within the digital currency world would also be a token.

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