Bitcoin (BTC) $89,609.93 0.59%
Ethereum (ETH) $3,041.56 1.00%
Tether (USDT) $1.00 -0.01%
Solana (SOL) 132.886579 1.00%
Dogecoin (DOGE) $0.14 1.44%
Cardano (ADA) $0.42 1.61%
Chainlink (LINK) $13.99 3.84%
Litecoin (LTC) $82.16 2.60%
Dash (DASH) $47.54 1.08%
Polygon (MATIC) 0.25693 2.45%
Helium (HNT) 1.954297 1.50%
X-CASH (XCASH) 1.0E-6 0.00%

Cryptocurrencies: 28005

Markets: 116055

Market Cap: $3,052,473,135,211

24h Vol: $86,926,750,486

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

Dominate the Cryptocurrency Market with This Innovative App!

2025-12-15 18:50:58
Tom Lee Destekli BitMine, Ethereum’da Yüzde 5 Hedefine Bir A...

2025-12-15 18:00:32
Circle Takes a Bold Step with Axelar Network Acquisition

2025-12-15 17:30:36
XRP ETF’lerinden Dikkat Çeken Rekor: 30 Gün Üst Üste Para Gi...

2025-12-15 17:00:48
BitMine Expands Its Influence in the Crypto Market

2025-12-15 17:00:42
Bitcoin Faces a Sharp Decline: What’s Behind the Numbers?

2025-12-15 16:00:42

Videos

How to buy Bitcoin (BTC) from Binance?
What is a Shiba Inu Coin & How Does it Work? Simply Explained!
What is an ICO, IEO, STO, IDO? Which one is the Best?
What is Bitcoin Mining? Step By Step Process!

Our Partners

Hashing Ad Space

Inbound Junction

Asimi

Crypto Marketing Agency, FINPR

Chainwire