NFTs vs. SFTs: Decoding the Nuanced Worlds of Digital Ownership

SFTs, short for Semi-fungible tokens, are a novel form of asset which starts out as fungible (like traditional fiat money and most cryptocurrencies) and turns non-fungible after meeting a certain demand. So how are they different from the familiar non-fungible tokens (NFTs) and what do they mean for the future of finance? Read on to find out!

Familiar with blockchains, Bitcoins, and non-fungible tokens (NFTs)? Get ready to welcome the emerging buzzword in the digital finance world - Semi-fungible tokens (SFTs)!