Soulbound

Soulbound Tokens in Education

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Soulbound tokens in education blockchain credentials

Soulbound Tokens (SBTs): What are they? Immutable digital tokens kept on a blockchain are known as soulbound tokens. They cannot be exchanged or transferred to another person like NFTs or cryptocurrencies. They are thus best suited for personal credentials such as professional achievements, education certificates, and medical licenses. SBTs are long-term documents connected to a … Read more

Soulbound NFTs in Gaming: Permanent Digital Achievements

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Soulbound NFTs in gaming, digital achievements, non-transferable tokens

What Are Soulbound NFTs? Blockchain-based digital tokens known as Soulbound NFTs are immutable between owners. In contrast to traditional NFTs, SBTs are permanently locked with the player’s virtual avatar. Vitalik Buterin, a co-founder of Ethereum, is credited with coming up with the idea in order to aid in the development of reputation-based Web3 platforms. Feature … Read more