June 16, 2022, 1:28PM EDT
• 13 min read

Soulbound Tokens and the Social Construction of Identity in Web3

Quick Take

  • Soulbound tokens are attestations of identity-relevant information about an individual, such as their credentials, affiliations, and memberships
  • They are envisioned to form the basis of individuation and sociality in web3
  • Their core properties are being issued, publicly or partially publicly visible, and non-transferrable
  • Here, we discuss how they allow one to build reputation, establish provenance, access uncollateralized lending, and build and protect their reputation and identity in web3

Join The Block Research for exclusive research like this

Gain access to this research piece and 100s of others, including ecosystem maps, company profiles, and topics spanning DeFi, CBDCs, banking and markets. Together with additional services, we help organizations understand what’s happening in the rapidly developing digital asset ecosystem.

Already a Research Member? Login Here