Sun. May 9th, 2021
Fungible token, Free TON House, Wiki

Fungible token is a token that does not contain unique information. It can be replaced by many similar ones.

Many tokens can be stored in the user’s wallet, and it will not matter how or where any of them were received, since they all carry the same value to the owner and allow them to be freely exchanged or transferred to other users. Like coins in a pocket — we can easily replace one coin with another if they are of the same value or exchange them.