Soulbound Tokens (SBTs), the Advent of the Decentralized Society (DeSoc)

Soulbound Tokens (SBTs), the Advent of the Decentralized Society (DeSoc)

Introduced by the creator of Ethereum, Vitalik Buterin, soulbound tokens (SBTs) is a new type of non-transferable asset, unlike non-fungible tokens (NFTs), whose objective is the creation of a “Decentralized Society” (DeSoc). The technical challenges and potential pitfalls of such technology are many, but Soulbound tokens could increase the level of decentralization in our society. […]