Fungible tokens and collectibles

A fungible token uses interchangeable units, such as a project’s ERC-20 coin. An NFT identifies a particular item within a collection. Collection contract addresses and token IDs matter more than a displayed name or symbol, which another project can copy.

The wallet’s Assets and Collectibles views are interfaces to on-chain ownership. Collection grouping helps organize individual NFTs; opening a collection lets you inspect its items and supported actions.

Creating an asset

For a coin, decide its name, symbol, supply, decimals, recipient, and any administrator capabilities. For an NFT collection, decide its name, size, artwork and metadata, minting policy, recipient, and whether to premint items or let users mint them later.

A generated contract file is not a deployed asset. A deployed collection is not proof that every item has been minted. Confirm the deployment receipt, actual balances or ownership, and metadata before describing a creation as complete.

Artwork, storage, and sending

NFT ownership is recorded on chain; an image or video is often stored elsewhere and referenced through metadata. The storage location, persistence policy, and ability to change metadata affect the item’s behavior.

To send an NFT, select the owning account, verify its collection and token ID, enter a compatible destination, and review the transaction. Receiving an NFT does not give it a guaranteed market value or grant rights beyond the collection’s actual terms.