The basic difference between social tokens and NFTs is the fungibility factor. NFT, as the name suggests is non-fungible and each of its unit is unique. Social tokens, on the other hand, are fungible. Each unit of a social token has the same value as another, just like a currency or cryptocurrencies such as bitcoin or ether. So, each bitcoin will be the same in value as the other and so it is easily interchangeable. In case of NFTs, however, one painting, for example, will not have the same value as another and it is not easily tradable. This makes them unique. Source : cnbctv18.com Did you know, UpSocial Network https://upsocial.network/ has a social tokens platform where you can interact and connect with your favourite celebs and social media influencers in an immersive way....











