Soulbound Tokens (SBTs): The FUTURE of Your Digital Identity?

With the recent hype of Soulbound tokens, people wonder if they could transform the future of NFTs.
In this video, we'll cover:
1. How do Soulbound tokens (SBT) work?
2. Pros and cons of Soulbound tokens
3. When will Soulbound tokens be available?

Soulbound tokens are non-transferable, and they can represent any information specific to a person or entity. This could be your CV, academic achievements, or even work history. The wallets that hold or issue these records are known as souls.

Links:

Timestamps:
00:00 Intro
00:30 What are Soulbound tokens (SBTs)?
01:45 How SBTs work in Web3
04:05 Drawbacks of SBTs
05:36 When will SBTs be available?
05:51 Crypto projects adopting SBTs
06:36 Outro

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[CoinGecko]

Are you EXCITED about Soulbound tokens?🔥

[Cryptokittty]

Thanks for highlighting the importance of security in crypto transactions.

[Kukulkan_Tours]

My favorite player in this field is $HON Soul Society

[Celements_]

Combine SBT with automotive AI, block chain and semiconductor. Along with RFID chip. One big package.

[darashri]

If DAO use SBTs doesn't it means the token government is useless?

[JimmyCall]

Chinese Credit System on Block...that sounds great...NOT