Vitalik Buterin, best known as one of the co-founders of Ethereum, is working on a huge new Web3 project that is in the making. In the whitepaper called "Decentralized Society: Finding Web3's Soul," Buterin and his colleagues outline their vision of a social system that is decentralized (DeSoc) that is built upon Soulbound Tokens (SBTs). Hare More Latest NFT News Here's everything you should be aware of the things which could alter your life. What are Soulbound Tokens (SBTs)? Soulbound Tokens, also known as NFTs, function as real-world achievement badges similar to those you'd find when playing a game when finishing a specific goal or achieving a mark. But instead of getting these badges when you have gotten your character to a certain stage, Buterin views these tokens as a way to show your history of employment or education level and other IRL capabilities. How do Soulbound Tokens function? Soulbound Tokens can be described as Your resume in the blockchain. Sure...
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