The Emergence of Soulbound Tokens (SBTs): Building a More Meaningful Web3 Identity

# The Emergence of Soulbound Tokens (SBTs): Building a More Meaningful Web3 Identity

## Introduction

Soulbound Tokens (SBTs) are a new type of non-transferable NFT proposed by Vitalik Buterin and his co-authors in a May 2022 whitepaper entitled Decentalized Society: Finding Web3’s Soul. Unlike regular NFTs, SBTs can’t be sold or transferred once acquired. They aim to represent a person’s identity, reputation, and affiliations in the digital realm, creating a more profound and verifiable Web3 presence.

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