# Article Introduction
This comprehensive guide explores the fundamental distinctions between fungible and non-fungible tokens, examining NFTs, semi-fungible tokens (SFTs), and emerging standards like ERC-404. Designed for blockchain enthusiasts, creators, and investors, this article demystifies token categories by tracing NFT evolution from 2012 to mainstream adoption, analyzing real-world applications across gaming, art, and music industries, and comparing key token standards (ERC-721, ERC-1155, ERC-404). Readers will discover how SFTs bridge fungible-non-fungible properties, transforming industries from ticketing to real-world asset tokenization. Whether you're exploring Gate trading opportunities or understanding token economics, this guide provides essential knowledge for navigating the tokenization landscape.