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Noro1661
@noro1661
G0M friends "LayerZero word designations with NORO" episode 01 Oh yeah, this is the title of my new weekly post, where I'll select a few words related to the #LayerZero protocol + #web3 and explain them in simple terms. LFG! OFT: Omnichain Fungible Token To understand what OFT means, let's start with FT and NFT. ▫️ FT (Fungible Token): Digital money (like Bitcoin). Each unit is identical and interchangeable and is used for payments or trading. ▫️ NFT (Non-Fungible Token): A unique digital item (such as art or collectibles) on a blockchain that proves ownership. Non-swappable. ▫️ OFT (Omnichain Fungible Token): A fungible token that moves easily between blockchains using LayerZero — like universal cash that works everywhere. In short, NFTs are unique treasures, OFTs are cash that works across blockchains and FTs are digital cash. Thanks for reading! New posts will be published every week. ZULTS 4EVER! 🐧
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LEXI🎨/acc
@lexiversehq
Zult/acc
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