fungible token

From Wiktionary, the free dictionary
Jump to navigation Jump to search

English[edit]

Noun[edit]

fungible token (plural fungible tokens)

  1. A digital asset that can be replaced by another that is identical to it.
    Coordinate term: non-fungible token
    • 2021, Andrew Fai, Smart Collectibles：Unlocking The Value of Non－Fungible Tokens（NFTs）, page 11:
      Fungible tokens, such as Bitcoins, are not Smart Collectibles.
Retrieved from "https://en.wiktionary.org/w/index.php?title=fungible_token&oldid=75694577"