Soulbound

Speculation makes the crypto world go round, and I can’t see many degens apeing into static tokens that there’s no exit from. The idea that we’ll grind away at building a reputation so that we get some power in a decentralised society is still a bit utopian for now.

this is basically the social credit system for degens.

“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”. Thi... See more

Humans are non-fungible, so it follows that governance should be too. In fact, the scheme of quadratic voting that we’ve built is designed to open up reputation dynamics, whereby the budget of voting credits each NFT can hold can be nuanced through non-financial means i.e. by earning reputation in the DAO. Again, I’m basically all in on this idea.

Plural Sensemaking: This is where I think it could get super interesting and again is something we’ve been exploring for over a year with an idea we call semantic governance where people sense-make around certain topics (hashtags) through a combination of quadratic voting and dialogue formation. The idea of forming a decentralised identity with rep... 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.

As we move into this post-money crypto era, we’re going to start to pick up all the complexities of human sociality, and now more than ever, we need to adopt a critical stance to the directions we move in as a community.