Earning an Award
Reaching 50 points in “Space Lasers” will also unlock “The Golden Astronaut” –– a soul-bound NFT commemorating your achievement. Soul-bound means you cannot transfer it and it will stay in your wallet through the end of the LAMINA1 Beta testing period.
This behavior is informed by the type of smart contract the NFT is linked to (ERC5633, an extension of 1155) and its categorization as an ‘Award’ in its NFT metadata.
The importance of soulbound tokens is based on the premise that not all NFTs should carry value exclusively from their market price. Instead, a token should be able to carry value based on the achievement or action required to obtain it.
Soulbound tokens are also a demonstration of how metaverse developers can use games and experiences to build the foundation for users to create a truly-verifiable digital identity –– one with social value, reputation, and trustworthiness attached to it. This unlocks new use cases for NFTs (e.g. memberships, exclusive licenses, ticketing, etc) that expand their function in the Web3 ecosystem far beyond financial motives.