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- Company What is Stobox?Top-tier turnkey tokenization service provider
Stobox is an award-winning tokenization company that provides technology and consulting to help clients leverage digital assets and tokenized securities.
Important informationStobox founding teamView core team →
Gene Deyev
CEO
Ross Shemeliak
COO
Borys Pikalov
Head of AnalyticsRegistration officeSocial media
Use cases
The scope of soulbound tokens is huge. From personal ratings and certificates to full on-chain validation of personal data.
On-chain identity validation
Blockchain addresses are, by default, anonymous. Developing the industry is impossible without the personal validation of wallet owners. This is not only a matter of regulating the cryptocurrency market, but also making it possible to expand the functionality of existing systems. Blockchain validation is the next big step in the evolution of Web3. With Soulb ID, dapps can make sure that their users meet the required criteria.
Access to regulated environments
Most financial transactions are heavily regulated in order to avoid a lot of fraud and chaos. Regulations apply both to currencies and cryptocurrencies, and to the issuance and secondary circulation of securities. All operations control is relegated to centralized authorities. Thanks to Soulb ID, it’s now possible to access regulated assets through decentralized applications. For example, access to the security token market will be greatly simplified by using a global ID on the blockchain.
Permissioned access to communities
Decentralized networks should include regulated access to closed communities. At the moment, access is provided through certain tokens that are not tied to individuals. They can be sold, and thereby transfer the right to participate in a closed community, which may violate its ideology. Thanks to Soulb ID and soulbound tokens, guaranteed participation of specific individuals in DAOs or other decentralized organizations and communities is ensured.
Social rankings
Soulbound tokens, namely tokens that cannot be sold or exchanged, can be used as lifetime user ranking systems. Building a DeFi mechanic using such tokens transfers the accumulated qualities of the user into a non-transferable asset directly to the user himself. For example, a user who is an active participant in a dapp can be awarded a Soulb ID token that will determine their superiority over other participants at the blockchain level.
Advanced level required