Market Cap: $3,243,668,241,616
24h Vol: $147,397,847,100
Cryptocurrencies: 26307
Markets: 103788
Cryptocurrencies: 26307
Markets: 103788
Market Cap: $3,243,668,241,616     
24h Vol: $147,397,847,100
CoinGape 2023-01-18 10:40:46

Explained: What Are Soulbound Tokens And How Do They Work?

Explained: What Are Soulbound Tokens And How Do They Work?
What are Soulbound tokens? Soulbound tokens, also known as SBTs, are digital identity tokens that represent a person’s or an entity’s qualities, traits, and accomplishments. It advances the use of NFTs because it is built on blockchain technology. NFTs cannot be duplicated or falsified, but they can be sold or transferred. They are connected to The post Explained: What Are Soulbound Tokens And How Do They Work? appeared first on CoinGape .
esptco-banner img
Latest News

Videos

  • Hardware vs Software Wallets: Which One is Better for You?

  • What is TRON (TRX)? EXPLAINED!

  • Litecoin: What is Litecoin? EXPLAINED!

  • Tether USDT Coin : What It Is & What You Can Do With It? Simply Explained!

Our Partners

Hashing Ad Space
Inbound Junction
Magic Logix
Asimi
Crypto Marketing Agency, FINPR
Chainwire