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When tokens are non-fungible this is an easy task. Many NFTs are designed to hold little or no monetary value, and high symbolic content.
As an example, POAPsarrow-up-right are minted to symbolize memories of specific moments and events in time and/or space.
Fungible tokens cannot escape holding monetary value, but can they be designed to allow a richer symbolic value as well?
Could we create a token still compatible with permissionless automated market makers, but also useful for holding non-monetary values?
Last updated 2 years ago
