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Cryptokitties opensea download free6/3/2023 ![]() ![]() ![]() Fungible is derived from the Latin verb fungi, meaning to perform. To understand NFTs, it is important to understand what is meant by “fungible”. So what is someone actually getting when they buy an NFT, and what do they truly own from a legal perspective? The new frontier They might think they could display it on a website, but this isn’t necessarily the case. Unlike physical collectables, an NFT owner will not be able to display the asset in their home – except on a screen. Yet whether it is a remarkable piece of digital artwork or a cute digital penguin, NFTs are essentially tradeable jpegs or gifs. ![]()
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