Fungible versus non-fungible
Ten identical units of a fungible token can be exchanged one-for-one. An NFT is designed to represent a distinct token record, such as an individually numbered collectible.
What do you really own?
Owning an NFT does not automatically grant copyright, commercial reproduction rights, legal ownership of a physical object, or rights to access an online service. These depend on the actual contract and terms.
What about the picture?
An NFT may contain a link to an image stored elsewhere. That image or its hosting can change or disappear. Digital rarity does not establish historical authenticity.
Are all NFTs outside MiCA?
No. Classification depends on the individual characteristics and whether assets are genuinely unique and non-fungible. Large collections or fractional arrangements may require special consideration.
The Ancient Gods distinction
Our medallions are new illustrations inspired by mythology. NRT and FORT are fungible tokens, not NFTs or deeds of ownership of those pictures.
Continue learning
- Blockchain explained from zero
- Coins, tokens and what they are for
- NFTs without jargon
- Wallets, exchanges and safety for beginners
- MiCA, consumer protection and crypto risks
Official references
Regulation (EU) 2023/1114 (MiCA) · Solana documentation
General education only. This page is not an offer, a trading instruction, or financial advice.