{"id":"src_7tf4s1exuvpo","title":"Decentralized Society: Finding Web3's Soul","authorName":"Puja Ohlhaver, E. Glen Weyl, Vitalik Buterin","abstract":"Web3 today centers around expressing transferable, financialized assets, rather than encoding social relationships of trust. Yet many core economic activities—such as uncollateralized lending and building personal brands—are built on persistent, non-transferable relationships. In this paper, we illustrate how non-transferable \"Soulbound\" tokens (SBTs) representing the commitments, credentials, and affiliations of \"Souls\" can encode the trust networks of the real economy to establish provenance and reputation. We highlight applications of SBTs to sybil-resistant governance, decentralizing market mechanisms, and novel markets with decomposable, shared rights.","tags":["desci","web3","identity","soulbound tokens","governance","reputation"],"priceUSDC":"0.0002"}