Binance Account Bound (BAB), the first-ever Soulbound Token (SBT) built on BNB Smart Chain.
It will be displayed on user wallets to underline that they have completed KYC. The token will, in effect, certify the user’s verified status on Binance and will be available for use by third-party protocols.
Based on BAB, here are some powerful new features in MathWallet:
Display BAB token
After you mint the BAB token into your BNBChain wallet, you can see it in MathWallet immediately.
Verify target address
MathWallet will display if the target address is BAB verified or not when sending tokens. This will help the sender verify before the transaction and prevent scams efficiently.
Verify the ownership of the BAB token
Leverage MathWallet dapp API; all dapps can use the sign feature to verify if the current address is a BAB holder or not. More details can be found at https://doc.mathwallet.org
BAB based giveaway
In partnership with Collectify, MathWallet now supports anyone to create a whitelist giveaway raffle which is BAB holders only to avoid bots. Based on that, anyone can generate an NFT minting event airdrops to BAB holders’ whitelist addresses.
Collectify BAB Guide: https://collectify.notion.site/Collectify-x-BAB-Guide-a6df48443f2c49bc8f63c198a44941af
BAB based community portal
In partnership with Collectify & BNBProject, MathWallet is also creating a BAB holder portal and releases news/events/airdrops/meetups for BAB holders only.
In Sep MathWallet will team up with partners on BNB Chain (including Collectify, BNBProject, etc) to do an NFT giveaways event for BAB holders only and more exclusive airdrops will be based on BAB.
BAB Introduction:
https://www.bnbchain.org/en/blog/soulbound-tokens-to-pave-the-way-for-decentralized-society-on-bnb-chain/