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What are soulbound tokens (SBTs) and how do they work?

Soulbound tokens (SBTs) refer to digital identity tokens that represent the characteristics or reputation of a person or entity.

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Market signal

Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

What are soulbound tokens (SBTs) and how do they work?

Soulbound tokens (SBTs) refer to digital identity tokens that represent the characteristics or reputation of a person or entity.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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