SBID Vocabulary

SBID Vocabulary

is the list of words and phrases that we use when we talk about the SBID

SBID token

is your identity token on the blockchain. The full name of the SBID is Soulbound ID NTT. Each person can have only one SBID token of a kind per SBID account and per network. Currently, only the BNB Smart Chain is supported.

You use the wallet address where the SBID token is to log in to the Stobox Ecosystem DS Dashboard at assets.stobox.io or our client’s platforms that support SBID technology.

NTT

stands for Non-Transferrable Token. This kind of token uses the same standard as NFT, ERC1155. This is why to import it to your MetaMask wallet you need to go to the NFT tab and this is why MetaMask says it added an NFT.

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SBID account

is your account on https://sbid.io/. Each person can have only one SBID account.

SBID box

is the box in your SBID account where you can interact with the system, request a KYC check, or mint the SBID token. SBID box can be of different colors where each color means a separate stage of your SBID token status.

New account
New account
SBID process is paid
SBID process is paid
KYC approved
KYC approved
SBID token is minted
SBID token is minted

$SOULB internal balance

is the SOULB balance you received to your SBID account if you are part of our client’s community and participated in SOULB pre-sale on Coinset or if you won SOULB tokens on some marketing activities. You can use that balance to start an SBID obtaining process.

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$SOULB external balance

is your SOULB balance in your connected MetaMask wallet address. You can see the SOULB balance here in two cases:

  1. You bought SOULB at the Qmall exchange and withdrew to your MetaMask wallet. Then you connected that wallet address on the top of the SBID account.
  2. You are part of our client’s community and you received SOULB tokens to your SBID account. When the lockup period ended, you connected the wallet address on the top of the SBID account and claimed them.
You will only see the external balance here when you connect the wallet.
You will only see the external balance here when you connect the wallet.

Claim SOULB tokens

in your SBID account means you request the system send your SOULB tokens from the internal SBID account to your MetaMask wallet. Note the gas fee.

KYC profile

is your profile on our KYC/AML provider’s end. Each person can have only one KYC profile. If you create one with one SBID account and then try to create another KYC profile with another SBID account, your second identity verification application will be rejected automatically by our KYC/AML provider for the below reason.

Desktop/laptop view
Desktop/laptop view

KYC check, or identity verification check

is the process of your identity verification. Normally, it is automatically approved within up to 10 minutes by our KYC/AML provider.

DS Dashboard

is a main product of Stobox. It is a platform we set up for our business clients and where you can invest in security tokens. Security tokens can represent the issuer’s company shares, a fraction of real estate, a share of mining facilities, etc.

It is important to understand if you are eligible to invest because securities are highly regulated and some issuers may not accept investors from your country or require them to be accredited investors only.

DS Dashboard can be of Stobox Ecosystem version and then you will only see the Sign in with SBID button on the sign-in page or a Stobox Pro version where you will see the normal registration and log-in page.

Stobox Ecosystem version
Stobox Ecosystem version
Stobox Pro version
Stobox Pro version

The main difference is that for Stobox Ecosystem you need to have a valid SBID token to log in. You can use it for any of Stobox clients’ platforms of the same type unless they have country restrictions. For the Stobox Pro version, you have to verify your identity on each platform separately.