ARC proposal for soulbounded tokens

I was thinking about this idea to create an ARC that modulate soul bounds tokens.
They should be unique and nontransferable.

I am thinking of a couple of use cases like University certifications or proof of attendance to a certain event. May be in the future you can tokenize inheritance rights in the way or something like that.

Let me hear your thought on this
Thanks

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Hello!

Yes, it is a good idea, and we are already on it.
We had Soul Bound NFTs ARC bounties for this: Soul Bound NFTs ARC | algorandfoundation Funded Issue Detail | Gitcoin | Gitcoin
It should result in an ARC soon.

2 Likes

Great, that’s amazing

The PR for this topic here: ARC-0071: Community Algorand Standard Asset Parameters Conventions for Soul Bound NFTs by JupiterXiaoxiaoYu · Pull Request #134 · algorandfoundation/ARCs · GitHub