What is POAP? POAP is a Non-fungible token (NFT) that proves a user has attended a certain event. POAP has emerged as a new way to verify attendance at an event, so what’s special about POAP, let’s find out with Weakhand in this article.
To better understand POAP, people can refer to some of the articles below:
- What is NFT? All About NFTs
What is POAP?
POAP stands for Proof Of Attendance Protocol is a Non-fungible token (NFT) that proves the user has attended a certain event in the past. Events can be a party, concert, game, concert or something similar. Essentially, this can be thought of as badges sent to attendees’ wallet addresses as a reward for participating in certain activities.
Additionally, POAP can also be used as proof of a user’s achievements or to commemorate events in web3 games.
For example: Decentraland regularly sends POAPs to users to celebrate special in-game events such as the 10M user anniversary party organized by Metamask in 2021. Other projects also actively use POAPs as proof Attend their events such as: SushiSwap, Ethereum,..
What is POAP?
The first POAP was created in 2021 at the ETHDenver conference as a reward to reward Hackers who participated in the hackathon. In 2020, POAP was migrated to Gnosis Chain (formerly xDai) to achieve faster speeds and lower transaction costs.
How Does POAP Work?
When users attend an event or achieve an achievement, they will receive a POAP. Basically, each POAP is minted via Smart Contract on the Gnosis Chain according to the ERC 721 standard. Therefore, each POAP has a serial number and records the user’s event attendance timestamp through Smart Contract.
There are 2 main groups of participants participating in POAP events including:
- Event Organizer: Organizers of events, fundraisers, and conferences can use POAP as rewards or to confirm event attendance.
- Event attendees: A digital badge is awarded to each attendee at any venue or event that offers a POAP as a token or souvenir. Attendees simply scan the QR code on the POAP with their mobile device or a device provided by the organizers to view the recorded information.
Additionally, each POAP is reserved for only one event, that is because each POAP represents an event and users cannot attend the same event twice. POAPs also have a slight difference compared to NFTs in that they are free and have no gas fees involved.
What Is POAP Used For?
Benefits of POAP
The main purpose of POAP is to prove presence. Here are some key use cases of POAP:
- To access private events such as invitations to community meetings or AMA sessions, etc.
- Used as a collectible to prove the user attended a certain event.
- As a reward for achieving a certain achievement in a web3 game.
There are still countless use cases for POAP beyond the main utilities above. In addition, POAP is also used by traditional events such as Warner Music Group, US Open,…
Real Use Cases of POAP
Lottie London
Lottie London is a makeup brand that used POAP in their first Metaverse party on Decentraland, held to celebrate prom season. The company used POAP as an exclusive ticket, available only to the first 2000 people who shopped directly through the Lottie London Walmart.
Decentraland
Decentraland regularly provides POAPs as proof of access to various events in the virtual world of Decentraland. Users can receive POAP when attending a certain event or completing an in-game event.
Estée Lauder
Estée Lauder – a famous beauty brand launched a unique NFT Advanced Night Repair at Metaverse time week held from March 23 – 27, 2022 on Decentraland.
Estée Lauder distributed 10,000 free NFTs during the event. Users can get free NFTs by participating in Virtual Night Repair “Little Brown Bottle”.
Adidas
In November 2021, Adidas launched CONFIRMED – an app dedicated to rewards and exclusive content for POAP. Adidas POAP serves as a reward for Adidas’ most dedicated supporters.
How To Set Up POAP For An Event
The process of creating POAP is quite simple, done through the following 5 steps:
How to set up POAP for an event
Step 1: Create an image file
The generated image file must be in PNG or APNG format. The file image must be round and have the recommended dimensions of 500 x 500 pixels
Step 2: Upload the image file to POAP App
Upload the file that the user just created in step 1 to POAP App and press the button “Create New POAP”
Step 3: Add a description for the event
Get event description and POAP information such as images, number of POAPs to mint. One thing to note is that the number of POAPs must be equal to the number of people attending the event.
Step 4: Receive Email
After completing the necessary information, users will receive an email with the POAP edit code and some other notes.
Step 5: Make changes if necessary
If the user wants to change his event, he can do so through the POAP editing code. However, users must wait for manual approval by the POAP team before officially going live.
summary
POAP is quite an exciting innovation in the Web3 world and offers some exciting opportunities for event organizers and attendees. Event organizers can use POAP to increase user engagement and build community while attendees have the opportunity to capture noteworthy events. POAP is just getting started and we may see its wider application in the future.
