The Proof of Attendance Protocol "POAP", which must be used when participating in various large-scale blockchain events, is expected to introduce commercial use terms on April 17, when this free and easy-to-use Dapp will begin to charge usage fees. However, the fees are mainly charged to POAP issuers, and individual users can still use it for free!
Introduction to "POAP" Proof of Attendance Protocol
According to a previous introduction by Lian News, the full text of POAP is Proof of Attendance Protocol, and its setting is "a badge that uses blockchain to record life experience." Event organizers can customize the appearance of the badge and send it to event participants, and the non-tampering and uniqueness of NFT records are the characteristics of blockchain event badges.
Lian News will also send POAP badges to participants in previously held events to express gratitude and commemorate participation in the event.
If you want to learn more about how to use POAP, you can refer to: Picture and text teaching｜Old Leek Proof! Use POAP NFT to save every cryptocurrency event you have participated in for free
POAP will charge the badge issuer
Since its launch in 2019, POAP has gradually become a standard configuration for blockchain activities, and POAP's chief operating officer Isabel recently announced the introduction of commercial use terms at the governance forum, which means that the use of POAP is no longer completely free, and the current proposed The charging rules are as follows:
POAP will continue to be free for personal use, with costs subsidized by the POAP company.
Issuers who issue a large number of POAP badges for commercial purposes will be charged a fee. Please see here for the detailed definition of commercial purposes. Most of them are public entertainment events with more than 200 people.
Issuers who have used POAP independently in the past can choose commercial pricing before 5/31, and can enjoy a price discount of US$25 for 100 POAPs before 12/31 this year.
The exact charging plan has not yet been finalized, but it can at least be determined that excessive abuse of POAP in the future will require a certain cost, and issuers need to better control the number of participants in the event to avoid losses.
This article Proof of Attendance Protocol "POAP" is no longer free! It is expected to charge the publisher, 100 POAP badges are 25 US dollars. First appeared in Chain News ABMedia.
