Assets that are non-unique & divisible. These are utility tokens, governance tokens, RWA tokens & more.

Example: ApeCoin

2/ What are Non-Fungible Tokens(NFTs)?

Assets that are unique & non-divisible. These are provably scarce digital items, whether that be digital trading cards, tickets to an event, in-game items, digital music, or art.

Example: Bored Ape Yacht Club

3/ What are BRC-20s?

1. An experimental token standard for Fungible-like tokens on $BTC created by @domodata 

2. After minting you receive in wallet an Ordinal(NFT) 

3. Assets are both unique & divisible(see the difference from above)

4/ How does this look in practice?

1. You mint the BRC-20 $PUPS

2. $PUPS is now in wallet(see picture)

3. To turn your recently minted "NFT"(BRC-20) to a fungible token you'll mint a transfer inscription

4. Transfer inscriptions are necessary to devise, send, or sell BRC-20s

5/ Confusing right?

Let me close with an ELI5 explanation

1. You mint an NFT(Ordinal) that represents a fungible like token(BRC-20)

2. In order to unlock the potential of the fungible like features of this NFT(Ordinal) you will need to mint a transfer inscription(NFT Ordinal)