What needs to happen for Soulbound Tokens to take off
josephliow.substack.com
In the last article (The Current Landscape of Soulbound Tokens), we left off with the main insight - the SBT space has a “chicken and egg” problem. “In order for users to seriously collect SBTs, they need to get value from it. But in order for individuals, DAOs, and corporations to start providing value to SBTs, there needs to be an existing ecosystem of meaningful SBTs and users collecting it.”
What needs to happen for Soulbound Tokens to take off
What needs to happen for Soulbound Tokens to…
What needs to happen for Soulbound Tokens to take off
In the last article (The Current Landscape of Soulbound Tokens), we left off with the main insight - the SBT space has a “chicken and egg” problem. “In order for users to seriously collect SBTs, they need to get value from it. But in order for individuals, DAOs, and corporations to start providing value to SBTs, there needs to be an existing ecosystem of meaningful SBTs and users collecting it.”