Proof of Attendance Protocol (POAP) refers to NFT-based digital badges that prove individuals attended certain events or experiences.
. As the underlying dynamics of Gnosis are compatible with Ethereum, collectors can still convert their POAPs to the Ethereum mainnet if they pay the required gas fees.Although growing a collection of POAP badges can help people show off their decentralized identities, holders can also benefit from added financial and community perks.
Some brands or DAOs use POAPs to reward and build closer, long-term relationships with their most dedicated members. Bankless DAO, for example,who had previously claimed Bankless POAPs. The added bonus, in this case, was that if a subscriber had collected more than one Bankless POAP, they could receive a larger portion of the airdrop .
While more niche-specific, a POAP collection can also be viewed as a blockchain-style resume. As the underlying technology reflects immutable data, some employers may find POAPs a more credible, transparent way to view and track the support of potential applicants in a community.Given the constant violation of user data by centralized tech giants like Meta and Google, privacy is becoming increasingly valued around the world.
Generally, people can either scan a QR code or click a link on the webpage that has created the POAP. They will then need to enter an Ethereum wallet address to receive it.
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