The core value proposition of POAP: explained.

  • What’s a POAP token?
  • What’s the core value proposition of POAP?
  • How do we make it possible ?
  • What makes a token a POAP?
  • What prevents a token being a POAP?

What a POAP token is and actual value proposition

How do we make this decentralized identities possible ?

What makes a token a POAP ?

https://xkcd.com/927/

So what makes a token a POAP again ?

  1. By minted under the contract located in the address of the Ethereum Mainnet: 0x22c1f6050e56d2876009903609a2cc3fef83b415
  2. Have metadata related to a date or time period up to a year long.
  3. Have an image associated with it.

What prevents a token being a POAP?

  1. Tokens that don’t have a direct association with a calendar based timed period. For example tokens that represent membership to groups.
  2. One-off tokens that don’t really provide any verifiability because no third parties besides the issuer and the only one receiver can attest about.

Final words

Connect With POAP

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