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Ancient Gods · Beginner's guide

Coins, tokens and what they are for

A coin and a token are both digital assets, but they have different technical roles. Neither word promises that an asset has value.

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What is a coin?

A native coin belongs to the blockchain's own protocol. SOL is the native asset of Solana and helps pay transaction fees. Other networks have their own native assets.

What is a token?

A token is created on a blockchain that already exists. On Solana, creators can issue fungible tokens using supported token programs. Fungible means one unit is interchangeable with another unit of the same token.

Why do tokens exist?

Some represent access rights, governance, financial claims or a community project. Others are collectibles or speculative memes with no enforceable benefits. Always examine what rights actually exist; a project name or logo proves nothing.

What is a stablecoin?

Some tokens aim to maintain a reference value, such as one euro or one dollar. Their mechanisms, reserves and risks vary. Not every token claiming to be stable is reliably redeemable.

Where do NRT and FORT fit?

NORTIA (NRT) and FORTUNA (FORT) are fungible Solana crypto-assets associated with contemporary medallion art and cultural storytelling. They do not give ownership of ancient artifacts, dividends, guaranteed services or returns.

How to identify a token

A ticker such as NRT can be reused by others. The full mint or contract address identifies a specific token on its blockchain. It should be checked independently; even a correct address does not prove the token is safe.

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Official references

Regulation (EU) 2023/1114 (MiCA) · Solana documentation

General education only. This page is not an offer, a trading instruction, or financial advice.

LEARN IT IN PLAIN ENGLISH

Let's make this simple

Think of a railway network and tickets. The network has its own operating currency (SOL on Solana). Projects can issue other digital tokens on that network, but a token is not automatically a useful ticket or a right to anything.

How it works, step by step

  1. SOL is the native asset used for Solana network fees.
  2. Other tokens are issued using token programs and are identified by mint addresses.
  3. A token name or ticker can be imitated. Compare the full mint address and network.
  4. Read the project terms and risks; a listing or a logo is not a safety certificate.

A real-world example

NRT and FORT are fungible tokens on Solana. The pictures of Nortia and Fortuna do not make the tokens NFTs or grant copyright in the artwork.

Questions beginners often ask

Is one NRT the same as one FORT?

No. They are separate tokens with different mint addresses; a ticker alone does not identify an asset.

Do I need SOL when transferring a Solana token?

Transactions normally require SOL for network fees, even if the asset being sent is another token.

Further reading: Solana: introduction to tokens (opens in a new tab)

Educational information only. You do not need to buy, connect a wallet or trade to follow these lessons. Read the risks.