# Token ## Non-Fungible Token or Fungible Token As you already noticed, NMKR Studio allows you to create [Non-Fungible Tokens](https://docs.nmkr.io/nmkr-studio/token#non-fungible-token) as well as [Fungible Tokens](https://docs.nmkr.io/nmkr-studio/token#fungible-token). ### Non-Fungible Token A Non-Fungible Token is a completely unique Asset... ### Fungible Token Unlike Non-Fungible tokens, Fungible tokens are about as "un-unique" as you can possibly get. They are completely interchangeable, have identical value and are indistinguishable from one another. A good way to think about "Fungible" is thinking about FIAT money. From the point of view of trading, the £10 Note in your hand is **EXACTLY** the same as the £10 Note in someone else's wallet or the TWO £5 Notes on your table. {% hint style="info" %} Note - this analogy is slightly wrong, as you may know that physical bank notes have a serial number on them. For the purpose of this explanation, pretend that they don't. {% endhint %} Similarly, $1 = $1, 1 BTC = 1 BTC, 1 ADA = 1 ADA and crucially there is simply no concept of 'I want **THAT** specific ADA' because there is no specific ADA, only an amount of ADA held in a wallet. That, is what is means to be Fungible. ### Duplicated NFTs You may have noticed that we have a guide for creating [Serialised Duplicate NFTs](https://docs.nmkr.io/nmkr-studio/token/duplicate). This is a different concept, so it is important that we outline the difference. A duplicate NFT created with NMKR Studio is an NFT that has the exact same media and metadata, **other than** a slightly different Token Name and Display Name (Numbering / Serialization). In this context, Duplicate NFTs would be the addition of a Serial Number associated with what would technically otherwise be a fungible Token. Because they have a serial number, it is possible for a person to say that they hold 'item number 6127' or that they want to purchase 'item number 777'. This minor difference is what makes the tokens Non-Fungible (although in a sense, you could argue that these are almost 'semi-NFT's'). --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.nmkr.io/nmkr-studio/token.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.