- Fungible tokens (Jettons) - this is a web3 way to create new currency on your own
- Non-Fungible Tokens (NFTs) - like Jettons, but each token is unique and represent distinct entity
- Soul-bound Tokens (SBTs) - like NFTs, but not-transferable, bound to a single owner
Comparison table
Feature | Jettons | NFTs | SBTs |
---|---|---|---|
Fungibility | Fungible | Non-fungible | Non-fungible |
Transferability | ✅ Transferable. | ✅ Transferable | ❌ Non-transferable |
Divisibility | ✅ Divisible | ❌ Indivisible | ❌ Indivisible |
Primary use case | Currency, utility | Art, collectibles | Credentials, identity |
Value type | Monetary value | Unique value | Reputational value |
Ownership model | Liquid ownership | Verifiable ownership | Permanent binding |
Standard | TEP-0074 | TEP-0062 | TEP-0085 |