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POAP
NFT records of life experiences
- 21-100 employees
- B2C
- Social
- Events
- Blockchain
- Financial District, New York, NY
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Company mission
To facilitate the preservation of memorable life moments by minting them in the form of NFTs.
385% employee growth in 12 months
Our take
Blockchain infrastructure presents great opportunities for secure and decentralized financial transactions, but the technology has many non-financial uses. One such example is the idea of using NFTs to prove ownership or validity of a digital asset, raising questions as to how this could be used to demonstrate attendance at an event.
POAP provides a Proof of Attendance Protocol for events in the form of an NFT badge, allowing users to collect digital attendance badges that are supported by cryptographic records. The company claims that its NFT badges present many potential benefits such as facilitating private event chat rooms, integrated event services, customized audience engagement, and attendee bragging rights.
Concepts such as the 'metaverse' present great potential for hosting NFTs such as those created by POAP, yet the company has stood out further by focussing on proving attendance over financial investment. The company is also developing POAP ecosystem features such as POAP.vote for event polling, POAP.gallery for external NFT integration, and a mobile application for the scanning and verification of POAP QR codes.
Kirsty
Company Specialist at Welcome to the Jungle
Benefits
- Find a niche at the forefront of bleeding-edge innovation
- Technical, operational, generalist, and entry-level positions available
- Fully remote, with offices in New York, Buenos Aires, and Paris
- Help some passionate humans make a better world
Funding (1 round)
Jan 2022
$10m
SEED
Total funding: $10m
This company has top investors
Leadership
Patricio Worthalter
(Founder)Experience working as Secretary of Science for Argentine Society of Radiology. CEO of Milliwatt from 2015 to 2017.