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Soulbound Tokens: Moving Away from the Hyper-Financialization of Digital Assets

Earlier this year, Ethereum co-founder Vitalik Buterin, in cooperation with economist Glen Meyl and researcher Puja Ohlhaver, published a research paper on soulbound tokens (SBTs). SBTs are publicly visible, non-transferrable (but possibly revocable by the issuer) digital assets representing “commitments, credentials, and affiliations.” Buterin et al. have said that such…