Learn about blockchain primitives including Fungible Tokens (FT), Non-Fungible Tokens (NFT), Decentralized Autonomous Organizations (DAO), and LinkDrops as building blocks for applications.
Fungible tokens represent an asset on a blockchain that is interchangeable. Besides the native NEAR token, users can issue their own fungible tokens or use those that are already present in the ecosystem.
Fungible Tokens are ideal to create reward systems, fair tickets and any other type of token.
In contrast with fungible tokens, each non-fungible token (NFT) is unitary and therefore unique. Users can create their own non-fungible token, transfer to other users, or exchange them in marketplaces.
NFTs are ideal to represent ownership of assets such as collectibles, event tickets and other unique assets.
Decentralized Autonomous Organizations (DAOs) are self-organized groups that form around common purposes. Membership, decision making, and funding are coordinated by publicly voting on proposals through a smart contract.
DAOs are ideal to create decentralized governance, funding, and decision-making tools.
