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PopChain

POAP

Short for "Proof of Attendance Protocol," POAP is the platform and infrastructure that enables the creation and storage of memories by POAP issuers and collectors. POAPs, the collectibles, are Non-Fungible Tokens (NFTs) minted under the Proof of Attendance Protocol smart contract. Each POAP is a digital record held by collectors as digital proof that they attended, or participated in, a physical, virtual, or spiritual event. Each POAP is a gift from an issuer to collectors, in celebration of a special shared memory. By minting these memories to the blockchain, collectors build a rich tapestry of tokenized experiences which unlocks a world of possibilities.

What is POAP?

POAP, or Proof of Attendance Protocol, is a protocol designed for the preservation of memories as digital records. These records are minted as non-fungible tokens (NFTs) on the blockchain under the ERC-721 standard. POAP allows event organizers to issue digital badges to attendees, commemorating their participation in various events. The platform offers functionalities through its API, enabling developers to integrate POAP into their applications for automated distribution and management of these digital collectibles.

How Does POAP Work?

POAP operates by allowing event organizers to create and distribute unique digital badges to participants. These badges are minted as NFTs on the blockchain, ensuring their authenticity and permanence. Initially launched on the Ethereum Mainnet, POAP migrated to the xDai sidechain in October 2020 to facilitate faster and more cost-effective transactions. This migration enabled the platform to scale efficiently, accommodating a growing number of events and participants.

What Makes POAP Unique?

POAP stands out due to its comprehensive ecosystem of decentralized applications (DApps) that enhance user experience for both issuers and recipients. Key components include: - POAP.xyz: The core platform for issuing event badges. - POAP.chat: Grants wallet holders access to private chat channels based on their ownership of specific POAPs. - POAP.delivery: Streamlines the method for event organizers to send badges directly to attendees' Ethereum wallets. - POAP.vote: A platform for creating polls among POAP holders. - POAP.fun: Allows event organizers to create raffles. - POAP.gallery: An exhibition of badges and POAP claims activity. - POAP.art: A shared canvas for badge-holders to collaboratively create pixel art. This diverse suite of applications fosters community engagement and offers various interactive experiences centered around digital collectibles.

Who Are the Founders of POAP?

POAP was established in 2018 by Patricio Worthalter, along with co-founders @gomox_ar, @dmf7z, and @reneil1337. The project was launched at ETHDenver 2019 as a community-run initiative. The founding team brought together expertise in blockchain technology and community building, aiming to create a protocol that preserves memories through digital records.

Latest News

What Key Events Have There Been for POAP?

POAP has experienced significant milestones, including: - Migration to xDai Sidechain: In October 2020, POAP transitioned from the Ethereum Mainnet to the xDai sidechain to enable faster and more cost-effective transactions. - Rapid Adoption Growth: By September 2021, the monthly volume of POAPs minted surpassed 400,000 tokens, indicating widespread adoption and scalability. - High-Profile Collaborations: POAP has been utilized by major brands and organizations, including Google, Ethereum Foundation, Goldman Sachs, Coinbase, Adidas, American Express, MetaMask, Porsche, Ernst & Young, and Ubisoft, showcasing its versatility and appeal across various industries.

Project Announcements

In 2022, POAP raised $10 million to accelerate human development, aiming to enhance the platform's capabilities and expand its reach. The funding is intended to support the development of new features and applications within the POAP ecosystem, further solidifying its position as a leading protocol for digital collectibles.

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Where to Buy POAP?

As of the latest available information, POAP tokens are not listed for public trading on major cryptocurrency exchanges. POAPs are primarily distributed as non-fungible tokens (NFTs) to commemorate attendance at events and are not typically bought or sold on traditional exchanges.

POAP Price

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POAP Price Prediction

Currently, there are no available forecasts from reliable experts or publications regarding the price prediction of POAP tokens. As POAPs function primarily as digital collectibles rather than tradable assets, their valuation is more closely tied to their significance and rarity rather than market dynamics.

How to buy POAP?

To acquire POAP tokens, individuals typically participate in events where POAPs are issued to attendees. These tokens serve as digital mementos of the event and are distributed directly to participants' Ethereum wallets. As POAPs are not commonly traded on exchanges, obtaining them involves engaging with events and communities that utilize the POAP protocol.

FAQ

What is the Purpose of POAP?

How Can I Participate in POAP's Ecosystem?

What Sets POAP Apart from Competitors?

Is POAP Secure?

What are the Risks Associated with POAP?

Community Sentiment

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Disclaimer and Risk Warning: Some content on this page may be assisted or generated by AI and is for general reference only. For the most accurate and updated information, please refer to the official website of the project. Bitget Wallet values every partnership. If you notice any issues or inaccuracies, feel free to reach out to us at [email protected] — we appreciate your feedback and will make improvements where needed.