1) SBTs cannot be transferred or shared with others. On the other hand, NFTs are digital assets that can be purchased and sold on platforms like Opensea.

2) SBTs serve as evidence and proof, just like NFTs. However, NFTs are specifically designed for digital art.

3) SBTs can be utilized as a demonstration of concept and social identity for lending without collateral, lease agreements, and NFT art. In addition to digital collectibles, NFTs have practical applications in areas like product authentication, real estate, medical records, and identification.

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