KaratdaoKaratdao: tradable vs. soulbound NFTs
KaratDAO pairs tradable Validator NFTs with soulbound Karat ID tokens in Karat Network's dual-NFT model. The roles differ in transferability and in their connection to referral counts or user credentials.
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- Validator NFT
- Tradable NFT for influential leaders, linked to referral count; minting requires payment.
- Karat ID
- Soulbound token for users, backed by their credentials, with an on-chain profile and name service. Minting also requires payment.
Transferability and credential backing
Trading allows a Validator NFT to change holders, while Karat ID's soulbound design keeps the identity token non-transferable.
For Karat ID, credential backing concerns the user's identity data. Karat Network encrypts and verifies social accounts through MPC and creates verifiable credentials from Web2 data.
Role selection checklist
- If transferability matters, the Validator NFT is the tradable role; Karat ID is the soulbound option.
- If your purpose is an on-chain profile and name service backed by your credentials, focus on Karat ID.
- If you plan to mint either token, account for the payment requirement attached to that role.
