NFTs, Web3 & Metaverse

Soulbound Token

Also: SBT

A token that cannot be transferred once it is issued to a wallet. It is proposed for credentials, memberships, and reputation, which shouldn't be bought or sold.

General education, not investment, legal or tax advice. Markets and regulation change quickly: where a definition depends on current law or on a recent event, check the latest coverage before relying on it.