Ok, my stab at this. A [fungible] token is the crypto equivalent of a share, it’s fundamentally a pointer to proportional ownership interest in some (often, bu

Ok, my stab at this. A [fungible] token is the crypto equivalent of a share, it’s fundamentally a pointer to proportional ownership interest in some (often, but not always, also fungible) asset. A non-fungible token is the crypto equivalent of a deed, it’s fundamentally a pointer to exclusive ownership interest in some (hopefully non-fungible) asset. Because in both cases all you’re buying (with “real” money) is a pointer, I leave it to you to determine if either is worth investing in. The important part is understanding the notion of fungibility: 100% ownership of a block of cheese isn’t the same as 100% ownership of a dog because it’s trivial to take a knife and make 10 smaller blocks of cheese, but just try do the same to make 10 smaller dogs.