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$crypto Soul Searching - Soulbound Tokens
The article discusses the concept of Self-Binding Tokens (SBTs) and their potential to create a decentralized society. Currently, most SBTs are built on ERC-721, but there is no standard ERC for SBTs. The Binance Account Bound (BAB) token is an example of an SBT that aims to address identity verification issues in Web3.
https://www.binance.com/en/research/analysis/soul-searching?ref=UE06QWNK&utm_source=EnglishTelegram&utm_medium=GlobalCommunity&utm_campaign=InfoBot
Source: Research
In-depth insights and analysis from Binance Research.
The article discusses the concept of Self-Binding Tokens (SBTs) and their potential to create a decentralized society. Currently, most SBTs are built on ERC-721, but there is no standard ERC for SBTs. The Binance Account Bound (BAB) token is an example of an SBT that aims to address identity verification issues in Web3.
https://www.binance.com/en/research/analysis/soul-searching?ref=UE06QWNK&utm_source=EnglishTelegram&utm_medium=GlobalCommunity&utm_campaign=InfoBot
Source: Research
In-depth insights and analysis from Binance Research.
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