Cryptocurrency Q&A
What is SBT in Web3?
What is SBT in Web3?
Enrico
Fri Nov 08 2024
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7 answers
1378
I'm trying to understand the concept of SBT in the context of Web3. Could someone explain what SBT stands for and its role in the Web3 ecosystem?
7 answers
CherryBlossomFalling
Sat Nov 09 2024
Soulbound tokens (SBTs) represent a distinctive category of non-fungible tokens (NFTs) within the cryptocurrency realm.
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KimonoElegantGlitter
Sat Nov 09 2024
This immutability ensures that SBTs remain tied to the specific wallet in which they were created.
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CryptoAce
Sat Nov 09 2024
These tokens are issued on a decentralized blockchain network, ensuring their authenticity and security.
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DigitalTreasureHunter
Sat Nov 09 2024
This feature distinguishes SBTs from other types of NFTs, which can typically be traded or transferred between wallets.
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Giulia
Sat Nov 09 2024
The issuance of SBTs is facilitated by a digital or crypto wallet, which serves as the origin point for these unique tokens.
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