POAP is a protocol that creates digital proofs using a smart contract. POAP stands for Proof of Attendance Protocol. A POAP NFT is like a souvenir, only that it exists on the blockchain. Typically, these unique digital tokens are given to attendees of an event as proof of their presence. Individuals can also create a collection of POAPs to record life events digitally.
Unlike physical souvenirs, POAP NFTs can be controlled and restricted from being shared with absent individuals. POAP creators can limit the transfer of these digital souvenirs because they exist on the blockchain. Blockchain-based tokens have unique identities that prevent them from being fraudulently duplicated.
Using a POAP badge makes it easy to prove that an individual was at a specific place at a particular time. An individual’s attendance can be validated without a central authority using POAP.
POAPs – A reliable record of life experiences
How do POAP NFTs Work?
The organizers of an event are usually in charge of creating POAP NFTs. The organizers mint these unique non-fungible tokens on poap.xyz, then customize the designs and products they wish to offer.
The easiest way for users to access the proof of attendance token is by scanning QR codes that lead to the digital badge. Currently, all POAPs run on the Ethereum blockchain, so POAP collectors will need an Ethereum wallet address to claim these digital souvenirs.
The POAP NFT can be linked to their email address for users who do not have an Ether wallet. The POAP contains details such as the date of the event, the time, and community-affiliated images. Proof of attendance protocol NFTs are not meant to be traded. This makes them different from regular NFTs like the Cryptopunks, BAYC, or DeGods and Y00ts.
Although POAPs are still new in the blockchain world, hundreds of events have issued these blockchain-based proofs to their attendees. Some crypto communities also engage their community members by giving out free POAP badges at community meetings.
The Usefulness of POAP NFTs
POAP NFTs can be used in various sectors, especially in blockchain-related conferences. They are usable in Game-Fi. Some blockchain games reward players with proof of attendance badges once they reach gaming milestones.
Event organizers can distribute POAP NFTs at ceremonies such as weddings, training, music concerts, and schools in the real world. Special privileges can be granted to fans with the POAP badge to further stir the token’s utility. For example, a musician may host a meet-and-greet session for all fans who have attended five or more musical concerts in the past year.
Proof of Attendance tokens can also be used in Schooling systems. They can serve as certificates since they cannot be falsified.
Why Should You Collect POAP NFTs?
An individual’s POAP collection can help one build a solid blockchain reputation. The number of POAPs a person has can shed light on his personality, experience, and reliability.
With POAPs, communities can reach a larger audience and get better engagement. POAPs are crucial in building cooperative and functional digital ecosystems.
Further, internet users now value privacy more than ever before. Privacy breaches are rapidly rising on the internet, but the decentralized nature of POAPs permits users to save life events without divulging confidential information.
The Future of Proof of Attendance NFTs
POAPs are relatively new in the blockchain world. However, they solve a significant problem. With technological advancements and blockchain discoveries, POAPs may become integral to society in the coming years.
Realistically, the potential uses for POAP NFTs in the future are limited only by our imagination. As more people become aware of the benefits of NFTs and blockchain technology, we may see a proliferation of innovative use cases for POAPs and other types of NFTs.