# SBT **Introduction:** Soulbound Tokens (SBT) is a concept proposed in May 2022 by [Ethereum](https://academy.binance.com/en/articles/what-is-ethereum) co-founder *Vitalik Buterin, lawyer Puja Ohlhaver, and E. Glen Weyl,* an economist and social technologist. The white-paper, entitled “Decentralized Society: Finding Web3’s Soul,” lays out the foundation of a fully-decentralized society (DeSoc) governed by its users and how Soulbound tokens (SBTs) can function as the credentials we use in everyday life. **What are SBTs?** Soulbound tokens (SBTs) are non-transferable tokens representing a person’s identity using blockchain technology. This could include medical records, work history, and any type of information that makes up a person or entity. The wallets that hold or issue these records are called “***Souls***.” People could have multiple wallets (or Souls) representing different parts of their lives. For example, someone could have a “Credentials Soul” for their work history and a “Medical Soul” for their health records. Souls and SBTs would allow people to build a verifiable, digital Web3 reputation based on their past actions and experiences. On the other hand, Souls can represent an entity that allocates SBTs. For example, companies can be Souls, issuing SBTs to each employee. A digital country club could issue SBTs to verify membership status. **Use cases of SBT** Digital credential: Digital verification and documentation e.g. driver's license Governance: Besides creating a reputation-based voting system, SBTs may potentially improve the integrity of DAO voting — namely, defending against Sybil attacks — one of the biggest threats to the current DAO governance model. Proof of attendance, buying a vote Lending: Micro economy in traditional finance trust and reputation allows an uncollateralized loan to work, crypto eliminates all trust. If you don’t repay the loan your reputation will take a hit and it may limit future financial opportunities --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://peardao.gitbook.io/docs/nft/sbt.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.