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SBID stands for Soulbound ID and means a non-transferrable token that represents your identity on the blockchain. It is not a crypto.
It means that every person can have only one SBID token per person per address per network.
It also means you can’t just buy this token because it is not a usual crypto.
When you “buy SBID” you pay for a process to obtain the SBID token and the technology that stands behind it.
This process includes an automatic identity verification process via the KYC/AML provider and enabling minting so you can mint your SBID token inside your SBID account. We also provide you with our support in case you have any questions or issues on either of the steps.
Paying for SBID does not guarantee KYC approval. The maintenance of the system and supporting and updating the technology do not depend on whether or not the provider approves your KYC. Hence this price is non-refundable. See Terms of Use.
During the process of identity verification, you need to
- provide your residence address and nationality
- upload a good-quality photo of your identity document (a passport, an ID card, or a driver’s license)*
- be ready for a liveness check. It means a selfie where you should move your head around
- tick the points and select your source of funds
See the recommendations about the documents and liveness checks from our KYC/AML partner further in the guide.
You have the right to a free SBID if…
You have the right to a free SBID if…