Ethereum founder Vitalik Buterin says we all will be using soulbound tokens in the future. 

May 26, 2022

Vitalik Buterin is touting something called “soulbound tokens” as the future of Ethereum and Web3.

Buterin described soulbound tokens (SBTs) as a non-transferable type of non-fungible tokens.

The term “soulbound tokens” is likely derived from the famous role-playing video game World of Warcraft’s soulbound items.

A person can earn these SBTs based in part on their job and education history. But they can not be transferred. 

Soulbound tokens will be made available for use later this year.

Vitalik said we all will be using SBTs to verify things like school and employment. 

Ethereum founder firmly believes SBTs could help push Web3 forward by decreasing reliance on centralized companies.