# SBT/Digital Credentials

### SBT

Soulbound tokens are just permanent, non-transferable NFTs, meaning that they can’t be given away or taken from \*\*[your private blockchain wallet](https://nftnow.com/guides/everything-you-need-to-know-about-crypto-and-nft-wallets/).\*\**The thing to remember is this:* Soulbound tokens are every bit of factual information about you broken down into individual NFTs and stored in your private blockchain wallet.

**How can SBTs be used in ALTVERSE?**

KYC verification

Role verification, DID as proof of work, proof of attendance, proof of education, proof of action etc

Voting power

Exchangeable reward

Earned rewards/Credit verification

Avatar\ <br>

**1) KYC verification**

Aims to tackle identity verification issues in Web3, serving as a digital verification tool for Altverse users who have completed kyc.

**2) Role verification Digital Credentials DID**

Altverse applicants SBTs may act like real-life achievement badges, they can submit all their prior work history and professional certificates using official SBTs issued by previous companies and institutions. The SBTs function as proof of skill certificates displayed as badges.

Altverse issues Altie DIDs, a quest system rewards our community with Proof of action, by growing and engaging in our discord.\
\
We are partnering with multiple DIDs issuer protocols, like [Kleoverse](https://kleoverse.com/badges) (off to online proof of programming education, [Quadrata](https://quadrata.com/) ( KYC, financial score), [`Space id`](https://space.id/) and so on.

**3) Voting power**

SBTs are also proposed for Altverse Dao voting. Instead of the current [g](https://academy.binance.com/en/articles/what-are-governance-tokens)overnance model, which is based on how many tokens a member holds, Our DAO could issue SBTs that assign voting power based on users’ interactions with the community. This model would prioritize voting power for the most dedicated users with a strong reputation. A basic voting power is assigned after the completion of the profile page and an escrow transaction.

Besides creating a reputation-based voting system, SBTs may potentially improve the integrity of DAO voting — namely, defending against [s](https://academy.binance.com/en/articles/sybil-attacks-explained)ybil attacks— one of the biggest threats to the current DAO governance model. (When an attacker purchase governance token to manipulate votes)

A 50% SBT and 50% Governance Token with equal weight in voting power is also an option considered for the future.

**4) Exchangeable reward**

SBTs can be earned and rewarded to community based on their engagement and activities within our server. These SBTs will be exchanged in the future with tradable NFTs of different value, speculative/collectibles or exclusive membership value (0% escrow fees)

**5) Earned reward credit verification**

SBTs can represent Altverse completed escrow contracts, in so representing a credit value earned and verified on the blockchain. Total value earned by freelancers or spent by Daos can also be verified and displayed as SBTs (similarly to Proof of work in Dework)

**6) Avatar**

Altverse avatar will be the core of our social-metaverse, users will be able to navigate, showcase and promote themselves thought their personal branding avatar containing their Altverse web3 identity. This identity can be represented by a SBT.


---

# 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://altverseai.gitbook.io/altverse/products/sbt-digital-credentials.md?ask=<question>
```

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.