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Quasi-Fungible Token: QuasiFungibleToken.com

October 21, 2021 By admin Leave a Comment

The NFT concept is a private case of a more general QFT concept. While NFT is essentially is a unique digital structure, the QFT is a flexible digital structure encompassing the entire range from non-fungible to fully-fungible.

“Quasi-Fungible: The degree to which an alternative item is interchangeable with a Reference item (or a user-conditioned version of a Reference item) given a particular use, specification or set of specifications for the Reference item, such that the element of quasi-fungibility is defined in terms of a measure of inter-changeability for a good/service/event/outcome or combination thereof on a scale of 0 to 1.00 where 0 means non-fungible and 1.00 means totally fungible.”
Source: US8543478B2 United States Patent
https://patents.google.com/patent/US8543478B2/en

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Decentralized/Direct Exchange QFT
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Filed Under: Domain Market Tagged With: 3l, digital media, media, NFT, non fungible, non fungible token, qft, quasi fungible, quasi fungible token, tokenisation, tokenization

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