Soulbound Tokens and Digital Identity: How Non-Transferable…
By Damilola Esebame
Source excerpt · FinanceFeeds
KEY TAKEAWAYS Soulbound tokens are non-transferable NFTs that permanently attach to a single wallet address, representing credentials, reputation, and identity on blockchain networks. Ethereum cofounder Vitalik Buterin introduced the soulbound token concept in a January 2022 blog post inspired by character-bound items found in online games. The ERC-5192 standard defines the technical framework for…