šŸš€ #CryptoUpdate: Getting to Know NFTs & SFTs!

šŸ”¹ NFTs: Unique tokens suitable for digital art & collectibles. Ideal for proof of ownership and authenticity. However, transaction fees can be high.

šŸ”¹ SFTs: Hybrid of fungible & non-fungible tokens. Flexible for games & tickets, allowing for cost-effective batch transfers.

šŸ” Key differences:

- Fungibility: NFTs are unique, SFTs are mutable.

- Divisibility: NFTs are whole, SFTs are divisible.

- Transferability: NFTs are one at a time, SFTs are batchable.

šŸ’” Which one suits you best? Discuss in the comments! šŸ‘‡