If you are on Twitter, you probably have seen profile picture (PFP) non-fungible tokens (NFTs).
Another NFT use case that is here to stay are Proof of Attendance Protocol (POAP) NFTs. Whether POAP or another protocol will dominate the market is irrelevant. What is relevant is the concept behind the POAP NFTs.
POAP enables you to bookmark your attendance at real-world and virtual events. They are also used to mark unique experiences. I can imagine a site or service where the POAP NFTs I collected are automatically updated. It will be my official timeline, a scrapbook of where I went, what I have done, and who I met.
Many articles showcased the advantages of POAP NFTs for brands, conferences, festivals, sport fans, and music bands. This article by Vogue Business showed how it is currently applied in fashion and the beauty industry.
But POAP could be used by anyone, and any organization to record your attendance, memberships, or to mark a stage.
Examples of shared memories:
- First members of a community, or to acknowledge the most active members,
- Being in a book club, or a frequent attendee of game board night,
- Schools to commemorate the graduation party,
- Couples can send a memento to their guests,
- Training programs could send completion badges,
- Give a NFT that says: “I met [Name of the Person] at [this event] or in [Year]”
Interested in creating a POAP? Here are some facts.
POAP is open source and community owned. Mint are done on the Gnosis Chain (previously xDai), an Ethereum-based sidechain with lower gas fees.
There is an approval process. You supply an expiry date when the POAP will no longer be reservable or mintable.
Three methods can be used to distribute your POAPs: private mint links, secret shared at a community event, or a website (QR code). For more details on distribution methods.
I hope this gives you ideas on how to use POAPs for your business, school, group, or to celebrate a milestone event in your life.
This article was first published by Kim Vallee on LinkedIn.
Credits: Photo by Priscilla Du Preez on Unsplash