And all it takes is one click to create Soulbound Tokens.
As Web3 communities continue to expand, a common concern is the dilution of their existing collections through additional drops, as well as managing the floor price for every new collection they produce. By making NFTs non-transferable, SBTs solve this problem.
Soulbound Tokens are game-changers.
SBTs will continue to play a fundamental role in the evolution of the NFT ecosystem as more artists, communities and brands enter the space without risking brand dilution or floor price management.
The #1 thing that kills potential blue chips is the dilution of their digital ecosystem with more mints. When you add to your ecosystem you better hope that you have the overflowing inbound to sustain it.
How easy are they to create on Fair.xyz?
Launching SBTs is straightforward with @fairxyz – When creating your collection, simply click on whether to make it Soul-Bound or not. And that’s literally it!
Our DMs are always open if you have any questions about Soul-Bound tokens or creating a collection with @fairxyz – Let’s keep building.
For all your NFT creation needs, be sure to visitÂ Fair.xyzÂ â€“ Weâ€™re is empowering the next generation of creators, businesses and brands to create and launch NFTs, with no code or experience required.
Our goal is to create an industry-leading NFT launch experience for both collectors and creators that is secure, accessible and fair. Our proprietary technology removes gas wars, failed transactions and bots. From creators to businesses, we also work with the globeâ€™s largest institutions, brands and movements in order to bring ground-breaking and bespoke Web3 utility to life.Â