“Soulbound Tokens”, or SBTs, which are principally non-transferable NFTs which can be utilised in a range of ways to realise decentralised identity and consequently begin to bridge web3 tech deeper into human use cases. This has always been the interesting bit to me–the moment where we start plugging humans into blockchains; “the social layer”.... See more

what this paper is really about is allowing tokens to be more than just financial objects. Rather it is about allowing them to pick up ‘attestations’ that allow your account, or “soul”, to become a nuanced multi-faceted decentralised identity, opening up the wonders of decentralised sociality.

According to Vitalik, Soulbound tokens (SBTs) are “the future” of Ethereum. Earlier this month, he co-authored a 37 page paper describing them and their role for Ethereum. Here’s a TLDR…🧁 https://t.co/aWmlYjyJlG