Soul Bound Tokens ( SBTs )

    Introduction

    NEAR Protocol is a smart contract capable, public Proof-of-Stake (PoS) blockchain that was conceptualized as a community-run cloud computing platform. Built by the NEAR Collective, NEAR was designed to host decentralized applications (dApps), and strives to compete with Ethereum and other leading smart contract-enabled blockchains like EOS and Polkadot. NEAR’s native token is also called NEAR, and is used to pay for transaction fees and storage. NEAR tokens can also be staked by token holders who participate in achieving network consensus as transaction validators.

    NEAR Protocol is focused on creating a developer and user friendly platform. To accommodate this mission, NEAR has incorporated features like human-readable account names as opposed to only cryptographic wallet addresses, and the ability for new users to interact with dApps and smart contracts without requiring a wallet at all.

    Projects building on NEAR include Mintbase, a non-fungible token (NFT) minting platform, and Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and more.

    data : gemini

    NEAR protocol
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    SoulBound Tokens
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    In a recent white paper by Vitelik Buterin, Glen Weyl, and Puja Ohlhaver, they discussed the possibilities of the creation of a decentralized society (DeSoc) and Soulbound tokens (SBTs). The name was coined from the World of Warcraft game. SBTs are non-transferable NFTs held by a private crypto wallet known as Souls.

    Soulbound tokens are non-transferable. After acquiring one, it is always in your personal wallet and identity. It cannot be sold or given to another person. Making them ideal for digitally representing assets that cannot be acquired by purchasing, such as certificates of competence, reputation, medical records, etc.

    The fact that they are non-transferable means that – like the examples above – they are tied to the user for life. The owner of the token can then control who has access to the data contained within the token. It can also revoke that access when they see fit. So SBTs offer a solution for individuals who want maximum control over their personal data. Allowing the management of data in token form, rather than kept on a central database.

    data : ledger

    I-AM-HUMAN - Proof of Personhood Protocol on NEAR allows users to scan their face and get a special, non-transferable SBT.

    Please analyze the following:

    • how many users claimed there SBT.
    • if those are existing vs newly created wallets and what these wallets are doing.
    • bonus for tracking their interaction with DAOs in the NEAR ecosystem.
    • Any additional finding you think you be interesting for the NEAR Foundation and ecosystem.
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    Question

    We analyzed and tracked users who registered i-am-human and then minted soul-bound tokens by using the near.core.fact_actions_events table and specifying the receiver_id with *registry.i-am-human.near and the method_name of action_data as sbt_mint.

    In the part of DAOs that we used the near.core.fact_transactions and joined to near.core.dim_address_labels, we specific the label_type as dao for finding users who claimed soul-bound tokens and had interaction with DAOs in the past until present.

    Additionally, we added three fields for changing the movement of charts created on our dashboard.

    • first field : period means the time for changing movement, which includes day, week, and month.
    • second field : period_of_past means the interval of time in the past, which has choices like the first field.
    • third field : number_of_past, also means specifying the number for time retrospect.

    We set the second and third fields with day and 180, which means the charts for interaction with DAOs pull data from the past for 180 days.

    Methodology
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