What is a Soulbound token?
Soulbound Tokens are non-transferable & non-financialized tokens. These are NFTs that can't be transferred or traded.
What are NFTs?
Non-fungible tokens (NFTs) are unique cryptographic tokens that exist on a blockchain and cannot be replicated. They can represent real-world items like artwork and real estate. They can also function to represent individuals' identities, property rights, and more.
What is a crypto wallet?
Cryptocurrency wallets store users' public and private keys while providing an easy-to-use interface to managebalances.
What's the benefits of NFTs?
-Security: NFTs are stored on a blockchain where they are tracked and verified by the network. This makes them secure and difficult to forge.
-Transparency: The ownership of an NFT is transparent and can be verified by anyone on the blockchain.
-Fungibility: Unlike other tokens such as Bitcoin and Ethereum, NFTs are not fungible meaning that each unit is unique. This makes them perfect for representing digital assets like collectibles, game items, or real estate.
-Portability: NFTs can be transferred between users easily and quickly. This makes them ideal for use in digital applications.
-Decentralization: NFTs are decentralized and not controlled by any central authority. This makes them trustless and secure.
Can I earn with the NFT?
No. Our achievement NFTs are non-transferable.
Do the NFTs have a limited supply?
No, anyone who completes the challenge will be airdropped an NFT. However, once the snapshot is over, the supply will be locked.