What are Soulbound Tokens (SBTs)? Next-level NFTs: Soulbound Tokens SBT explained
The year 2021 was all about the NFT or non-fungible token. But what if NFTs had another form…something more enduring and everlasting? Ethereum founder Vitalik Buterin recently put forth the concept of a Soulbound Token or SBT in a blogpost, in which he said: “making more items in the crypto space ‘soulbound’ can be one path toward an alternative, where NFTs can represent much more of who you are and not just what you can afford.”
Intrigued? Watch this video to find out what soulbound tokens are, how a soul bound token works, and whether SBTs are the next big thing after NFTs!
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What are Soulbound Tokens (SBTs)? Next-level NFTs: Soulbound Tokens SBT explained
#soulboundtokens #crypto #exoduscryptowallet
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