3min chapter

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ERC-6551: Is This the Next Big Leap in NFT Innovation? - Ep. 514

Unchained

CHAPTER

How to Use Soulbound Tokens With NFTs

There are two ways that Soulbound tokens work with this. One is that every Soulbound token you've received, if it's an ERC721, has its own wallet too. And so you can have a Soulbound token that owns other assets. If you flip that around a little bit, you could have an NFT that collects Soulbound tokens. So your NFT can collect Soulbound tokens to its tokenbound account. That means you can never transfer them out of the tokenbound account, but you can transfer the NFT that collected them.

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