BTC SBT

Bitcoin is my Soulbound Token.

Soulbound Token Protocol on #Bitcoin.

[BTC SBT @btc_sbt]

Introducing the BTC-SBT Protocol: The First Soulbound Token Protocol on Bitcoin.

Litepaper: https://t.co/4yAoh5YLUT

[Binance Wallet @BinanceWallet]

🟠

[Satoday @SatodayBTC]

🚨Proudly introducing SAT-ID🆔: Your first Bitcoin Digital ID, powered by @SatodayBTC & @btc_sbt

6⃣6⃣6⃣Ultra Sat-IDs up for grabs in the Satoday Genesis Campaign! ⌛️Until Jan 20th

More👇👇👇
#Satoday #ODAY #BTC #SATID #BTCSBT

[BTC SBT @btc_sbt]

Partnership Announcement

We're thrilled to announce our strategic partnership with @SatodayBTC.

Satoday is a cutting-edge platform that is dedicated to bridging EVMs with the Bitcoin network.

Utilizing the BTC-SBT protocol, Satoday will enhance its #Bitcoin DID services.

[BTC SBT @btc_sbt]

@yu8377582 We've got a couple new functionalities under development currently.

You can find some of them here:
https://t.co/1Nxaa2C3ij

[BTC SBT @btc_sbt]

(2/n)
We are the first collection of 10K with 10K holders on Bitcoin.

This is an exciting and encouraging moment to celebrate the birth of BTC-SBT protocol.

So, what's next?

[BTC SBT @btc_sbt]

GMGM Soulbounders,

Just want to clarify that our focus is on developing a robust protocol instead of another meme.

We're dedicated to shaping the future, with Bitcoin.

#Bitcoin #Soulbound

[BTC SBT @btc_sbt]

Q5: Does an SBT have value?

A5: Absolutely! While an SBT does not have a "price" (unless trading your Bitcoin private key❌), its value lies in the identity it confers to its holder. This identity can bring benefits such as access to certain groups, whitelists, airdrops, etc.

[BTC SBT @btc_sbt]

@shhsbdttt SBTs are more like a representative of an identity, which means we can easily identify your address on the network.
The use cases, for example, can be access to certain events, whitelists, airdrops, etc..
And it's expandable.

[BTC SBT @btc_sbt]

Introducing the BTC-SBT Protocol: The First Soulbound Token Protocol on Bitcoin.

Litepaper: https://t.co/4yAoh5YLUT

[BTC SBT @btc_sbt]

@ge_nan51801 GMGM
All hands on the keyboard and start coding.

[BTC SBT @btc_sbt]

@snowbar525 There's no official btc-sbt community established yet.
We'll have this noted.

But don't worry, as long as you're a Bitcoin believer, we're in the same community.

[BTC SBT @btc_sbt]

Officially Mint Out

10K Souls have now been bound to Bitcoin.

Congratulations on the approval of the Bitcoin ETF and to those who minted a soul as the first SBT on Bitcoin.

This is a historic moment and marks the beginning of our journey.

[BTC SBT @btc_sbt]

@zhengxiaoer2 All legit mint of soul should be verifiable using the indexer.
Are you using the correct Bitcoin address or your transaction was confirmed after the mint process ended?

[BTC SBT @btc_sbt]

@aaron999666 No, SBTs won't be used as gas like brc-20 or arc-20.
This is actually a feature of Taproot and the Bitcoin network.

[BTC SBT @btc_sbt]

Q8: Who can deploy new SBTs?

A8: We are currently in talks with several ambitious projects to use our protocol for deploying their own SBTs, which will grant new identities to users within their projects/communities.

[BTC SBT @btc_sbt]

Additionally, our DMs are now open, and we welcome direct communication with you.

This marks the second day since the birth of our protocol, and we are fully prepared to grow.

Cheers!

[BTC SBT @btc_sbt]

These FAQs cover some of the questions we've received, but I believe many more queries remain unanswered.

Please feel free to comment your questions below, and we'll do our best to respond to all of them.

[BTC SBT @btc_sbt]

Q7: Will there be other SBTs besides Soul?

A7: Yes, we plan to activate the deployment functionality soon, along with introducing new minting methods.

[BTC SBT @btc_sbt]

Q6: Can I burn or destroy my SBT?

A6: We're afraid not. An SBT is permanently bound to your address, reflecting its nature as a 'Soulbound Token.'

[BTC SBT @btc_sbt]

Q5: Does an SBT have value?

A5: Absolutely! While an SBT does not have a "price" (unless trading your Bitcoin private key❌), its value lies in the identity it confers to its holder. This identity can bring benefits such as access to certain groups, whitelists, airdrops, etc.

[BTC SBT @btc_sbt]

Q4: Will there be a marketplace for SBTs to trade?

A4: No, we will not establish a marketplace for SBTs as they are non-transferable and non-tradable by nature.

[BTC SBT @btc_sbt]

Q3: Why can't I find my newly minted SBT in the indexer?

A3: For those unfamiliar with the Bitcoin network, it's important to note that Bitcoin transactions require confirmation with the mining of a new block, a process that typically takes about 10 minutes.

[BTC SBT @btc_sbt]

Q1: How many SBTs can each address mint?

A1: Each address can mint only one SBT. We aim to allow as many participants as possible to acquire a soul. However, we do offer a method to mint SBTs for multiple addresses (up to 5) through a single payment address.

[BTC SBT @btc_sbt]

Q2: How can I check if I have successfully minted a soul?

A2: You can use the indexer provided on our website. Simply enter your address to see if you possess the corresponding soul, each of which has a unique ID.