POAP Winds Down, but its Badges will Stay Onchain
POAP Winds Down, but its Badges will Stay Onchain POAP, the platform that turned event attendance into onchain badges, is winding down after more than five years, ending active development over unsustainable economics. POAPs are free digital 'I was there' badges, NFTs that events and brands handed out to prove you showed up. More than 7.6M were minted by 46,000+ issuers, from Coinbase to American Express, before the team decided the model was not sustainable. Crucially, existing POAPs stay on the Gnosis chain and remain viewable and tradable, so nothing is destroyed; only new issuance throu…
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