These aren’t your grandpa’s trading cards. NFTs, or non-fungible tokens, have taken the world by storm this year. When Christie’s auctioned off an NFT for more than $69 million in March, it propelled ...

Fungibility has been a consistent theme of 2021, following the meteoric rise of NFTs. But what’s the deal with “semi-fungible” tokens and how do they work? The explosive growth has kickstarted a new ...

Fungible items can be swapped as they hold identical value, e.g., currency and stocks. Non-fungible items have unique traits, giving them varying values, such as real estate. Fungibility allows smooth ...

The concepts of fungible vs nonfungible tokens are rather old in economics. Coin-like objects were traded as far back as the Roman Empire, apparently as tokens for brothels or gaming. In Medieval ...

This article was originally published on Nasdaq.com. It was written by Rutgers Business School fintech professor Merav Ozair. Non-Fungible Tokens (NFTs) have been getting a lot of media attention.