@brau
🦄What are Soulbound tokens (SBTs)?
Soulbound tokens are non-transferable tokens representing a person’s identity using blockchain technology. This idea was first discussed by Buterin and his colleagues in January 2022 and published in a paper titled “Decentralized Society: Finding Web3’s Soul.” in May 2022.
These SBTs represents the commitments, credentials and affiliations of an individual holder to a DAO or community.
💫 SBTs Use Cases
📍 Enhanced compliance and user verification
📍 Reputation-based voting for decentralized autonomous organization (DAO) governance models. This could also help DAOs mitigate Sybil attacks
📍Intellectual property
📍Personal certifications
💫SBTs available on phaver
📍Phaver Naija pass 🇳🇬
📍Altcointurk pass 🇹🇷
📍Anima Proof of personhood 🧔🏾🤳🏾
📍 Phaver Turkiye pass 🇹🇷
📍 Phaver Diamond Hands 💎
📍 Phaver Debut Voter 🪪 e.t.c
💫Use cases of Phaver SBTs
📍 Enables faster leveling up in Phaver for …
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