Soulbound tokens

Soulbound tokens are a type of non-transferable NFT intended to represent personal attributes, affiliations, or credentials on the blockchain. Unlike traditional tokens, soulbound tokens cannot be sold or transferred, ensuring that they remain associated with the original holder. This concept envisions a decentralized society where individuals have verifiable digital representations of their achievements, memberships, or identities.

For web3 developers, creating soulbound tokens involves implementing smart contracts that enforce non-transferability and exploring use cases such as decentralized identity verification, reputation systems, and personalized access controls. The development of soulbound tokens could lead to more robust and trustworthy decentralized ecosystems.