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"Unfungible" refers to items or assets that are unique and cannot be exchanged on a one-to-one basis with other items. Unlike fungible assets, such as currency or commodities, which are identical and interchangeable, unfungible items possess distinct characteristics or value. This term is often used in the context of digital assets like non-fungible tokens (NFTs), which represent ownership of unique digital items, artworks, or collectibles.

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1mo ago

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