FxWirePro-Blockchain glossary for beginners- Difference between ERC 20 vs ERC 721

Fungible token

Non-fungible

It represents a class of assets

Represents a particular type of assets

All tokens are uniform

Each token is given unique properties and can be easily distinguished

Each token can be interchanged for any other token with same value

Non-interchangable

Not collectable

Collectible

It can divided into decimals

ERC 721 tokens are not divisible

Widely used in most ICO

Examples crytpo kitties, decentraland and Etheamon