Bhaskar Aabad Jain

  Non-Fungible Tokens (NFTs)                                                                                  By Bhaskar Aabad   ü Fungible tokens or assets are replaceable, exchangeable and non-unique. To narrate you what i mean, currencies like rupees are fungible i.e. ₹2000 note has the same value as 4 notes of ₹500 has, meaning they are divisible, replaceable or we can say exchangeable in easy and other words. ü In common parlance, we can ask someone to exchange his/her ₹2000 note with our 4 notes of ₹500 or vice-versa and both will still have exactly the same value. A fungible token can also be a cryptocurrency like Bitcoin:         1 BTC is worth 1 BTC, no matter where it is issued.   ü However, on the other han...