Vitalik Buterin, the co-founder of Ethereum, proposed a concept that
could forever change our Web3 experience – a Soulbound Token. Although
it’s a fairly new concept, let’s try to understand it together.
00:40 Soulbound tokens and how they work
01:33 The big idea behind SBTs
02:08 When will the SBTs be available?
02:27 What’s the difference between SBT and NFT?
03:44 Benefits of SBTs
05:51 Threats of SBTs
07:23 Concluding remarks
Can you add achievements to your SBT without organizations? Or implement SBTs in DAOs? These are some questions about SBTs that still stand. Add yours in the comments.
Or, if you have answers, please share!
Vitalik Buterin’s paper: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4105763
#Soulbound #Soulboundtoken #daoheroes #SBT #SBTs #web3 #crypto #Buterin #web3identity #NFT #nft #VitalikButerin