Binance launches the world's first SoulBound token

Users will be able to mine the world's first SoulBound BAB tokens to confirm their identity. They will also be able to participate in the creation of multiple projects and receive rewards.

Yes, yes, now conspiracy theory fans have another reason to gather around the table with a cup of tea. But seriously, this is the first token of its kind to be given just for existing, not counting the numerous airdrops we reviewed :D.

But for now, as they write on the Binance site, the token will be available to users who have passed KYC verification 2022-09-08 at 09:00 (UTC). To be honest, it's quite unclear what "on 2022-09-08  09:00 (UTC)" means, specifically at 9:00 and not a minute later, or to all verified accounts as of that date?

The token itself has been christened SoulBound (Soul Bound, literally). In the future should give exclusive opportunities to evaluate projects and get all sorts of cool, as stated by Binance.

Once upon a time, there was already a similar project back in 2017 that gave a token for every minute of your life, promoting the philosophy of paying for time and creating an ecosystem as good as today's fiat, at least according to them. 

At first, they were worthless, as they weren't even crypto, and then they were put on the blockchain. Still, the project itself didn't survive, slowly dying out, and then it did... the team disappeared, and a year ago, it was hit with a slew of lawsuits from investors. 

So Binance may take up this business head-on, and rethink this niche, thanks to finances, tools, and availability of professional people who can make a good product.