# ARC-0003 - Algorand Standard Asset Parameters Conventions for Fungible and Non-Fungible Tokens

**URL:** https://forum.algorand.co/t/arc-0003-algorand-standard-asset-parameters-conventions-for-fungible-and-non-fungible-tokens/4133
**Category:** Uncategorized
**Created:** [August 31, 2021, 12:02am UTC](https://forum.algorand.co/t/arc-0003-algorand-standard-asset-parameters-conventions-for-fungible-and-non-fungible-tokens/4133 "2021-08-31T00:02:12Z")
**Posts on this page:** 1
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### Author: ![ARC](https://avatars.discourse-cdn.com/v4/letter/a/67e7ee/32.png) [@ARC](https://forum.algorand.co/u/ARC)
#### Post date: [March 24, 2023, 11:10am UTC](https://forum.algorand.co/t/arc-0003-algorand-standard-asset-parameters-conventions-for-fungible-and-non-fungible-tokens/4133/12 "2023-03-24T11:10:23Z")

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ARC69 is compatible or not to create a dynamic nft .If it is compatible then is there any need of IPFS ?  
ARC69 is better alternate of ARC3 + ARC19 ?

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