How are semi-fungible tokens created?

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Semi-fungible tokens are created using smart contracts on a blockchain platform. The smart contract code specifies the token's unique characteristics, such as its name, symbol, total supply, and any additional functionality. Unlike regular fungible tokens, semi-fungible tokens have the ability to differentiate between tokens within the same batch, allowing for unique characteristics to be assigned to individual tokens. This differentiation can be used to represent a spectrum of value, such as different levels of ownership, access, or rights. Once the smart contract is deployed, the tokens can be minted and distributed to users.

Read: https://www.turnkeytown.com/se...le-token-development

#semifungibletoken #sftdevelopment #semifungibletokendevelopment

Tags: Semi-fungible

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