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FA2 requires that tokens actually transfer (#191)
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* FA2 requires that tokens actually transfer

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timothymcmackin authored Dec 12, 2023
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3 changes: 1 addition & 2 deletions docs/architecture/tokens.md
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title: Tokens
authors: "Claude Barde, Aymeric Bethencourt, Tim McMackin"
last_update:
date: 1 November 2023
date: 28 November 2023
---

In a blockchain ecosystem, a digital asset that can be transferred between accounts is called a _token_.
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- Non-fungible tokens (NFTs), which are unique digital assets that can represent ownership of something
- Stablecoins, which are tied to the price of fiat currencies such as USD and EUR
- Wrapped tokens, which represent tokens from another blockchain or another standard; see [Wrapped tokens](#wrapped-tokens)
- Non-transferable tokens, also known as soulbound tokens, which cannot be transferred to another account after they are created

It's important to remember that in most cases, Tezos tokens are managed by smart contracts.
Tokens are not stored directly in accounts; instead, smart contracts keep a ledger of how many tokens different accounts hold.
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3 changes: 1 addition & 2 deletions docs/architecture/tokens/FA2.md
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title: FA2 tokens
authors: "Claude Barde, Aymeric Bethencourt, Tim McMackin"
last_update:
date: 26 October 2023
date: 28 November 2023
---

The FA2 standard supports several different token types, including:

- Fungible tokens
- Non-fungible tokens (NFTs)
- Non-transferable tokens, also known as soulbound tokens
- Multiple types of tokens in the same contract

FA2 gives developers freedom to create new types of tokens while following an interface standard that lets the tokens work with existing wallets and applications.
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