🪙 SBTs Explained: How They Work and What They Offer

With the recent update to Telegram Gifts, more people have been introduced to NFTs, yet the concept of Soulbound Tokens (SBT) remains unfamiliar to many. Simply put, SBTs are NFTs owned by a single person that cannot be transferred or sold to anyone else.

Its name originates from the game World of Warcraft, where the term "Soulbound" was introduced. In the game, it referred to items that, once obtained, were permanently tied to a player and couldn't be given or traded to others.

📖 By concept, soulbound tokens are used as a way to display achievements of a specific wallet, sell subscriptions, or function as online verification.

SBTs can be earned by participating in various activities such as app testing, completing courses, or attending exclusive AMA sessions, among others. The password required to receive the SBT in your wallet is often provided during these activities.

📊 How to track your SBTs?

To facilitate this, the TON Society team has launched a Telegram bot that stores data about your SBTs and provides information on ongoing activities within the ecosystem. There are several types of events available, including Open Leagues, Offline Bootcamps, various Meetups, and more.

🔗 Connect your TON wallet to the bot and explore the world of SBTs, which opens up new opportunities for ecosystem participants.