The Binance Account Bound (BAB) token is the first-ever Soulbound Token issued on the BNB Smart Chain that focuses on addressing identity issues in the decentralized society.
This time LiveArt will introduce BAB token utility through a multi-phased plan. And the BAB token will serve as a key component of the user verification flow (Know Your Client verification).
In Phrase 1, LiveArt is launching a Membership NFT on BNB Chain, which will only be available to BAB token holders on BNB Chain, designed by an internationally renowned artist. BAB token holders will automatically obtain a “verified” status and badge across the LiveArt ecosystem of products. And LiveArt Membership NFT furthers BAB token holders’ access to both LiveArt and network partner benefits.
Recently, LiveArt announced the cooperation with Huang Yuxing on his genesis collection Meta-morphic. The presale of Meta-morphic, mystery boxes will start at 8 AM EDT, September 23rd with the price of 1.2 ETH each. BAB holders can verify their identity and participate in the raffle to win a allowlist here.
In Phrase 2, the utility of the LiveArt Membership will continue to expand. BAB token holders will receive both LiveArt and network partner benefits, including: voting power in deciding themes for future LiveArtX Global 100 campaigns, whitelisting to participate in future NFT releases by world-recognised artists, access to proprietary Market Analytics for NFTs and physical art, limited-edition physical works of art and collectibles, exclusive airdrops, collectors club Discord channel and elite top level virtual and IRL events.
LiveArt is a premium platform that connects the art world with Web3. With unique technology built by art industry leaders, LiveArt brings creators, collaborators, and collectors into the metaverse.
Contact for cooperation: [email protected]