Bitsliced
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  • ⚡Bitsliced Docs
  • 📝Whitepaper
    • Vision
    • Summary and company profile
    • SLICED token architecture
      • SLICED function
        • Utility of the token
          • Trade NFTs
          • Mint and join channels
          • Metaverse
          • 🎁SlicedPad
          • 🎁Promotions
          • 🎁Exclusive events
      • Security features of SLICED
        • Features of the token
          • Programmatic Security
          • Freezable (Pause)
          • Function to Blacklist Wallet Addresses
          • Burnable
          • Capped
          • Polygon - Layer 2 network characteristics
    • Tokenomics
      • Token allocation
      • Token sale and use of funds
      • Vesting schedule
    • Sliced app
      • Sliced NFTs
      • Features
        • Gamification of trades
        • High Profile Channels
        • Community
        • Swapping
        • Passive income NFTs
        • SBTs (Soulbound tokens)
        • Real Estate
        • Slices (Fractional Ownership)
          • Our solution for slicing NFTs
        • Smart cashback utility combined with crypto
        • Charity NFTs
      • Treasury incentive program
      • Ecosystem fees
      • How are we connecting Real Estate to the blockchain?
    • Core Team
    • Roadmap and development
      • Milestones
    • Revenue stream model
      • Revenue streams for Bitsliced
      • Revenue streams for Users
    • Legal Disclaimer
    • References
  • 🕵️Audits
    • SLICED Token
  • 💬Litepaper
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  1. Whitepaper
  2. Sliced app
  3. Features

SBTs (Soulbound tokens)

The Sliced app will have a badging system integrated as SBTs. With these Sliced badges, members of the app will get particular perks within the ecosystem. By trading a certain amount of volume on the platform, buying a charity NFT, holding a passive income NFT, holding the hottest collection, etc., users will receive a badge in return.

For the channel feature, Bitsliced will provide through the SBT technology the proof of membership. SBTs work here incredibly well because of their nature. SBTs are tokens/NFTs that can not be transferred. Therefore, when users receive these badges, they won't be able to trade them, as these badges are assigned per account. In case of a misunderstanding or the user selling a specific item (the hottest NFT or the charity NFT), these badges can/will be retrieved by the issuer, Bitsliced LLC (GmbH). SBTs have the potential of becoming a certificate of ownership (and many other things) residing on the blockchain. As more information regarding the Soulbound tokens technology comes out, we will follow it closely to add functionalities to our ecosystem.

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Last updated 2 years ago

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