History of Blockchain Assets in Web3

- Network Currencies are the networks infrastructure coins and are used to pay transaction fees and can also be used to transfer value. 
- ERC20 Token Standard allows the creation of a Project Tokens that can be exchanged and traded.
- Wrapped Token Assets are ERC20 Tokens pegged to another Cryptocurrency usually another Network Currency. 
- Stable Coins   are ERC20 Tokens pegged to a National Currency like USD.
- ERC721 Token Standard allows the creation of a Non Fungible Token Collection. 
- NFT Collectibles / Container Assets
- NFT Proof of Participation / Proof of Membership 
- ERC1155 Token Standard for the creation of Semi fungible Tokens.
- NFT In Game Assets

Fungible ,Non Fungible & Semi Fungible Tokens Deepdive

Fungible Tokens are inter-exchangeable every token of a collection is the very same and cannot be distinguished from another similar to 1 cent 
coins. It doesn't matter wich one of them you receive they all have the same value.

The Term Non Fungible means not inter-exchangeable. Non Fungible Tokens are usually part of a collection of Tokens but each of them is unique and has its very own intrinsic value. This can be compared to an art collection of one painter with multiple Artworks in the same style. Each Artwork has its own intrinsic value and it's not possible to give the a fixed price.

Semi Fungible Tokens are very similar to Non Fungible Tokens but there can be more than one copy of each Token. It's best explained with the Artist Example but in this case only posters of the collection are created and there are 100 copies of each artwork available. This changes the value proposition completely because multiple users can hold the same Artwork and therefor every Artworks poster price is determined by its own order book. 

Dynamic NFTs and their use cases

The ERC721 and the ERC1155 Token Standards have many hidden capabilities that will be unlocked by introducing dynamic NFTs to the world. A wide variety of use cases will evolve from this new NFT technology. The ability to display real world data in real time allows unseen features that can react to user activity or even external data like crypto prices or weather data. 



Decentral Interactive Asset Standard

Interactive NFTs add several layers of complexity to the data stored immutable on chain. They allow a wide variety of use cases that require a repetitive structure to avoid having to develop a specific render mechanism for each and every new project. A standard that allows different types of projects to use the same architecture and allows one render mechanism to interpret them all is mandatory. 

by @stereoIII6