The SOULB Community Token is a compliant digital asset designed to facilitate a range of transactions and interactions within the Stobox Ecosystem. Serving as a key component of the ecosystem, the SOULB token offers multiple utilities for its users:
A payment method for minting SBIDs
Users can utilize SOULB tokens to pay for obtaining/minting unique SBIDs (Soulbound IDs) and verifying their identity as a part of a process, thus streamlining the process of acquiring a digital identity within the ecosystem. The minting process requires additional network gas fee which have to paid in the native token of the blockchain.
A payment method within the Stobox ecosystem
The SOULB token can be used as a means of payment for various products and services available within the Stobox Ecosystem, providing users with a seamless and convenient payment experience.
Community engagement and activities
The SOULB token fosters user participation by incentivizing and rewarding community members for involvement in various engagement initiatives, such as voting, governance, and other collaborative activities.
By offering a diverse range of utilities, the SOULB Community Token enhances the overall user experience within the Stobox Ecosystem. It promotes a thriving, engaged community of users who actively contribute to the growth and success of the entire ecosystem.
The SOULB community token is being legally verified and structured as a digital asset of one of Stobox's subsidiaries, a company registered in the British Virgin Islands (BVI).
The SOULB Token Generation Event (TGE) is scheduled for June-July 2023. Stobox will provide updates and relevant information as the event approaches through its official channels and announcements. Stay tuned for further details on the TGE and how to participate in this exciting milestone for the Stobox Ecosystem and the SOULB Community Token.