# Soulbound Token

With NiftyKit's Diamond Smart Contract, you can easily enable or disable the Soulbound state for all new or existing collections. There are no restrictions, holders won't be able to immediately trade their NFTs once the Soulbound Token app is enabled.&#x20;

## To activate the Soulbound Token App, follow these steps:

1. Launch your Drop or Edition collection by creating the smart contract using NiftyKit
2. [Go to your collection dashboard](https://app.niftykit.com/dashboard?tab=collections)
3. Navigate to the app tab
4. Click on \[Add] for the Soulbound option. When activated it will show installed as illustrated below.&#x20;

<figure><img src="https://3542085034-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FyrUuRLqblqKRfJtuslV7%2Fuploads%2FqRzTp5IjQDcuKotHgqME%2Fimage.png?alt=media&#x26;token=03f6f44c-53a4-44f9-9708-1f380f2e6729" alt=""><figcaption></figcaption></figure>

For additional information regarding use cases and detailed explanations about Soulbound, you can find more details in this [resource](https://niftykit.com/blog/product-insights-soulbound-token?utm_campaign=v8-1\&utm_source=docs\&utm_medium=guide\&utm_content=doc).


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