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# Fungible vs Non-Fungible Tokens | ||
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* Fungibility refers to an asset's ability to be exchanged for something else of equal value; | ||
* Some examples of fungible assets include currencies, commodities, and precious stones; | ||
* Non-fungible assets are unique, requiring much more complex valuation before a sale and include things like real estate, art, and sports cards. | ||
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Throughout the lab, you will need to convert values from decimals to hex to ascii, etc. Use [this](https://utils.multiversx.com/converters) tool to make your job easier. | ||
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## Practice | ||
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Think about the following example if fungible or non-fungible: | ||
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* Diamond rock; | ||
* Penthouse apartment in Manhattan; | ||
* Mona Lisa painting; | ||
* LeBron James sport card; | ||
* LeBron James shirt he played in the 2020 NBA Finals; | ||
* A character in World of Warcraft. |
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