The work on the first draft of the Soulbound NFT Standard is complete! A quick reminder: SBT is a special kind of NFT where a user can only hold one, and it cannot be transferred to anyone else. This solution was initiated as a part of the second grant we announced a while ago. ⚒

Huge thanks to @xssnik for their work on the smart contract and on the standard proposal.
And a shoutout to TON Punks for doubling the grant’s budget, #community_power 💪

As a result of this grant, the developers came up with
📍a draft of the standard,
📍reference implementation of contracts.

Now all developers are invited to a public discussion of this draft before sending it to the TON Foundation for approval.

This is a new spin on technology development and its possibilities for mass adoption. We can’t wait to see how the community reacts to this and starts utilizing this solution in its products. Once the TON Foundation approves the new standard, of course, it will be available on Getgems as well.

The future is truly exciting!