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​A new TON NFT standard has been finalized. We’re happy to an | TON Community

A new TON NFT standard has been finalized.

We’re happy to announce that after a lot of hard work and endless testing, the TON Foundation has approved the standard for a Soulbound TON NFT.

A Soulbound token is a particular kind of token. It cannot be transferred or sold because it is meant to remain in its owner’s wallet forever.

This token standard will help to create new use cases for NFT technology.

For instance, a Soulbound token can be used as a way to keep track of a wallet’s accomplishments, hold essential documents (driver’s license, diplomas, etc.), and create a digital passport that will allow users to pass KYC verifications more quickly, sell subscriptions, and issue custom discount coupons.

Additional features include returning and burning tokens.

We can’t wait to see how the Soulbound NFT will be used out of the gate and the genesis of new use cases.

The team behind the Getgems NFT marketplace initiated the standard, issuing a grant in a partnership with TON Punks.

Getgems has already integrated the Soulbound token on its platform.