Digital Scarcity

Assets can be classified as fungible and non-fungible. Much of the world’s $10 trillion financial industry is to create fungible securities from underlying non-fungible assets so that they can be traded.

non-fungible token (NFT) is a special type of cryptographic token which represents something unique; non-fungible tokens are thus not interchangeable. The computer giant IBM recently announced a platform which would utilize non-fungible tokens coupled with RFID technology to monitor car sales.

Crypto Collectibles.

RareBits, a Non-Fungible Token marketplace