what are non fungible tokens 
non fungible tokens nfts are assets that are not interchangeable they re often digital and can include assets such as music images and videos as well as some forms of cryptocurrency you can have a right to ownership if you purchase an nft but this right doesn t necessarily translate to outright ownership of the asset 2the bottom linefungible assets are identical one can be substituted for another without fuss or penalty stock shares listed on multiple exchanges are an example of fungible assets because they provide the same ownership interest regardless of who purchases them or where they re purchased this strengthens the reliability of the asset in question and it can be an important consideration for the average investor non fungible assets on the other hand are unique in some way which means one cannot be replaced with the other houses gemstones and artwork are all non fungible goods 