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This article compares different kinds of Tokens in TON. The TON blockchain supports three distinct categories of digital tokens, each designed to serve different purposes within the ecosystem.
  • Fungible tokens (Jettons) - this is a web3 way to create new currency on your own
  • Non-Fungible Tokens (NFTs) - like Jettons, but each token is unique and represents a distinct entity
  • Soul-bound Tokens (SBTs) - like NFTs, but not-transferable, bound to a single owner

Comparison table

FeatureJettonsNFTsSBTs
FungibilityFungibleNon-fungibleNon-fungible
Transferability✅ Transferable.✅ Transferable❌ Non-transferable
Divisibility✅ Divisible❌ Indivisible❌ Indivisible
Primary use caseCurrency, utilityArt, collectiblesCredentials, identity
Value typeMonetary valueUnique valueReputational value
Ownership modelLiquid ownershipVerifiable ownershipPermanent binding
StandardTEP-0074TEP-0062TEP-0085

Token verification

  • A token is marked as “unverified” if it is not included in the token asset list.
  • A token may be marked as “scam” if it contains misleading metadata or has been reported.
Token verification is managed through the public repository tonkeeper / ton-assets. This repository contains approved token metadata. How verification works:
  1. Check whether the token address is already listed in the repository.
  2. If it is not present, submit a pull request adding its metadata to the appropriate directory.
  3. Maintainers review the submission.
  4. Once merged, the token status will be updated.