👤Soulbound (Non-transferable NFTs)

Soulbound Collections and Airdrops (Non-transferable NFTs)

Soulbound tokens (SBT) are NFTs "bound" to the buyer/minter. Therefore, once minted, they can't be transferred to another wallet. This can be useful in a bunch of cases, like non-transferable membership tokens (bound to the user), giving special personal rights to specific wallets, avoiding art reselling, etc.

Soulbound collections can be very useful combined with Token Gating, which is a way to limit the reselling of memberships. Of course, non-Soulbound collections have their own advantages as well.

You can mint specific Soulbound Tokens while keeping a regular (transferable) collection using the airdrop and whitelist options.

Using Soulbound tokens in Airdrops is an excellent way of giving your users something that avoids reselling to non-buyers.