SFT

Definition:

Semi Fungible Tokens start out with an initial value like an NFT, before being redeemed or used for some sort of utility. After that, it loses its value and becomes fungible. A growing space in the Web3 environment, this application is relevant for concert tickets or paid experiences.

Degen Chat

“I wonder if @roham will ever add game day experiences and use SFTs in the @nbatopshot ecosystem?”

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