Life Notes – I also got the Soul Bound Token SBT (Soul Bound Token)

A few days ago, I saw Baobao's article " Cryptocurrency | The Role of On-chain Data in Web3 Call for Papers: V God Proof of Stake e-book has been 1XX brushed 😱 ", mentioned "soul binding NFT", I am still thinking this is What, in simple terms, is a non-transferable, revocable and unique certificate.

It didn’t take long for Binance to announce the launch of the BNB chain-based Soul Bound Token (BAB, Binance Account Bound), which is available to all users who have completed the Binance KYC certification. This article is clearly written After taking the steps and following the table, I also got BAB tokens. I think the only thing I should pay attention to is that for those who want to mint BAB tokens, the spot wallet of Binance Exchange needs to have $1 BUSD as minting .

There are already 14 Web3 projects on Binance Chain (ApeSwap, ApolloX, PearDAO, Galxe, X World Games, etc.) that will incentivize BAB token holders with exclusive airdrops, NFTs, VIP privileges, daily rewards Bonus points, etc.

Although it is not yet clear what the practical purpose of the BAB token is, it is reasonable to suspect that exchanges with their own public chains such as FTX or Huobi will follow up with the launch of soul-bound tokens, and users may be able to obtain airdrops, Benefits or investment opportunities, which is the main reason I choose to mint BAB tokens, another reason is FOMO.

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This article is my personal opinion and sharing. The information in the article is for reference only and does not intend to constitute an invitation or suggestion for any investment transaction.