@tonevents_en · Post #717 · 07/26/2024, 11:48 AM
Why collect SBT and XP from🙏TON Society? Let us remind you that SBT (Soulbound Token) is an NFT that is tied to your wallet, it cannot be traded or sold, which makes your wallet unique if it stores SBT NFT. What is it for? SBT NFT is a kind of “identity confirmation”, but only anonymous. SBT makes it clear to the sender that he is dealing with the right recipient and the right person behind him. Including when it comes to awards for contributions to the development of The Open Network. Such rewards can be obtained for activities within the Open League, they are displayed in your TON Society profile. What will SBT and XP owners get? Already, many people are collecting these achievements expecting to receive a reward in the future, but few people know how it works and what they can count on. ❤️Open League and SBT • SBTs are issued (minted) by the TON Society for contributions to the development of the TON blockchain community - for example, for participating in competitions and attending AMA sessions, attending conferences and meetups. • SBTs are issued by projects that receive incentives and grants through the Open League. 🫰Experience Points (XP) will become reputation points and will be converted into $TON • XP points at a 1:1 ratio to $TON , can be exchanged for $TON at any time. • Time-based formula affects the exchange rate - if $XP tokens are redeemed before March 31, 2025, the conversion will be at a less favorable rate. • On March 31, 2025, 1 XP will be equal to 1 $TON • SBT assumes a constant increase in XP income for inviting friends, purchasing Telegram Premium or TON DNS. 🔝TON Society will become the new public profile of the TON member, recognizing and rewarding everyone's achievements and contributions. #TON#Toncoin#TheOpenLeague#MassAdoption#TONSociety#TONDNS#SBT#NFT ⚡️Boost | 🎞YouTube |🌐Twitter