[ARC-71] Updates after Dev Council #332
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Terminology: The ARC should use the term non-transferable ASA (NTA) rather than Soul Bound Token or Soul Bound ASA. Soul Bound token should only be mentioned in the Abstract/Rationale to explain where the design idea is coming from. Keeping the closeout possibility: Removing the "Soul bound" term makes it clear that an NTA is an ASA before anything else. Soul Bound To have a Token completely unremovable from an account with a burn authority separate from the user, another ARC (Using Smart Contracts) should be created.
SudoWeezy
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The ARC should use the term non-transferable ASA (NTA) rather than Soul Bound Token or Soul Bound ASA. Soul Bound token should only be mentioned in the Abstract/Rationale to explain where the design idea is coming from. Keeping the closeout possibility
Removing the "Soul bound" term makes it clear that an NTA is an ASA before anything else. Soul Bound
To have a Token completely unremovable from an account with a burn/revoke authority separate from the user, another ARC should be created.