Algorand Standard Asset (ASA) are assets that exist on the Algorand blockchain protocol. ASAs benefit from the same speed and security as Algorand’s consensus protocol as on-chain assets. ASAs can be fungible or non-fungible, representing anything from stablecoins to in-game points to a house deed. ASAs must essentially adhere to several parameters established by Algorand, though they do allow for some customization by developers.
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