Fungibility. I assume we want to know about both fungible and non fungible, so just fungibility.
So fungibility, when you talk about crypto, or not just cryptos, is essentially one token, one coin identical to any other coin. There're no factors that immediately define the difference between one point and other.
If I own a Bitcoin and you want a Bitcoin essentially, they can be interchanged from me to you back to me back to you.
They’re still, it’s still the same. It still there’s no real difference. It’s a Bitcoin, that’s it. There’s no specific.
Let’s say, there are no specific utility types of yours about non fungible tokens: these if you mix them all in in a basket, so you know exactly who owns which token and be able to return it.
Those tokens are tied to the owner and they met also have specific rights tied to them so they all look the same, they all taste the same, with the same material.
If you have one red M&M and I have another, I can’t do anything with my red M&M you can’t do with yours but, if you have a basket full of multi-colored M&Ms were each color relates to a specific person tagged back.
My mine are blue, Marc's are green, Jordan's are purple... Whatever those become non-functional.