The evolution of Web3.0 and the metaverse continues to accelerate, introducing innovative tools that enhance digital interaction and global accessibility. One such development is the introduction of the Dominica Metaverse Bound Token (DMBT), a digital identity credential designed to support the expansion of metaverse infrastructure. This initiative represents a significant step toward creating a global Web3.0 gateway, encouraging the integration of the metaverse with the digital economy.
DMBT is an authorized digital identity token backed by the Commonwealth of Dominica and developed through a partnership involving key blockchain organizations. As a soulbound token issued on the blockchain, it is non-transferable, revocable, and unique to each individual, ensuring both security and authenticity.
👉 Explore the official claim portal here
What Is the Dominica Metaverse Bound Token (DMBT)?
The Dominica Metaverse Bound Token, or DMBT, is a state-authorized digital identity token built using blockchain technology. It serves as proof of a user’s digital citizenship within the Dominica metaverse initiative. Unlike traditional cryptocurrencies, DMBT is a soulbound token—meaning it is tied exclusively to one individual, cannot be traded, and can be revoked if necessary.
This token aims to establish a decentralized identity system that empowers users with greater control over their personal data while participating safely in metaverse ecosystems.
How to Claim Your DMBT Token
The claim process for DMBT is structured to be user-friendly and secure. Below is a step-by-step guide:
Step 1: Identity Verification
Complete the Dominica Metaverse Digital Identity authentication process to receive a DDID (Dominica Digital ID). This step is mandatory to qualify for DMBT minting.
Step 2: Connect a Compatible Wallet
Download the TronLink App and create a wallet on the Tron network. Then, within the application, navigate to the DMBT section and select “Connect Wallet.” After authorizing, return to complete the process.
Step 3: Mint Your DMBT Token
Click the “Start Minting” button and pay a gas fee of 1 USDT or its equivalent in HT or TRX. The token will be issued directly to your TronLink wallet.
Important Notes for Users
- Ensure you are using the latest version of the required application.
- The minting fee will be deducted from your spot account balance in the form of USDT, HT, or TRX.
- All successfully minted tokens will appear in your Tron network wallet.
- Users have the ability to revoke their DMBT token, which will then enter a 24-hour locking period. Reminting is possible after this period.
Frequently Asked Questions
What is a soulbound token?
A soulbound token is a non-transferable digital asset bound to a single user. It represents identity, achievements, or affiliations and cannot be sold or traded, ensuring permanent and verifiable ownership.
Why is DMBT significant for the metaverse?
DMBT introduces a government-backed digital identity system that enhances trust and accessibility within metaverse platforms. It allows users to engage in a growing digital economy with verified credentials.
Can I use any wallet to receive DMBT?
No, you must use a Tron-compatible wallet such as TronLink to receive and hold your DMBT token.
What happens if I revoke my DMBT?
After revocation, a 24-hour lock is activated. Once this period ends, you can remint your token by repeating the claim process.
Is there a fee to mint DMBT?
Yes, a small gas fee equivalent to 1 USDT (payable in USDT, HT, or TRX) is required to complete the minting process.
Who is eligible to claim DMBT?
Any user who has completed the Dominica Digital Identity authentication process is eligible to participate in the DMBT minting initiative.
Compliance and Transparency
The issuance of DMBT follows strict regulatory guidelines. Any activities involving fraud, money laundering, market manipulation, or unauthorized transactions may lead to disqualification, account suspension, or legal action. The project team reserves the right to amend or cancel the initiative without prior notice.
This initiative underscores the growing synergy between national digital governance and blockchain innovation, opening new pathways for global user participation in the metaverse.