Soulbound Tokens (SBTs) are permanent, non-transferable NFTs that represent a holder’s identity and reputation. They contain data such as an individual’s work history, credit score, education, medical history, and personal certifications, all of which are stored on the blockchain. This data is used to verify information during processes such as going for a job interview. …
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VeeFriends is an NFT project built on the Ethereum blockchain by Gary Vee. The collection consists of two series and was created to help Gary Vee give back to his community. The first series was released in May 2021 and included 10,255 NFTs and 268 characters, 1242 of which were held by Gary Vee. The …
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World of Women is an NFT project that Yam Karki created with 10,000 NFTs on OpenSea. The collection consists of 200 visual assets drawn by hand and aims to create a community that encourages women to explore Web3 and cryptocurrency. As of September 2022, World of Women has a sales volume of 72.7k ETH on …
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NFT rarity refers to how common a particular NFT is within a collection; typically, the rarer the NFT in a sought-after collection, the higher the pricetag. But how exactly does NFT rarity work? When an NFT is minted, it has unique properties, also known as traits, that cannot change. Although NFTs can share a trait, …
A permanent NFT storage combines blockchains and InterPlanetary File System (IPFS) designed to create a secure place to hold NFTs. Throughout 2021 NFTs (non-fungible tokens) became popular assets, with projects such as Bored Ape Yacht Club (BAYC) and Cryptopunks making headlines for their large price tags. At the same time, NFT scams and theft also …
