Proof of Attendance Protocol shuts down after five years, raising questions about utility NFT viability
Covered by 2 sources · 2 articles
2 outlets - including Theblock and Cryptobriefing - are covering this story. Some 46,210 issuers like Coinbase and American Express used POAP to create onchain mementos that users could mint.
All coverage
Proof of Attendance Protocol is shutting down after 5+ years
Some 46,210 issuers like Coinbase and American Express used POAP to create onchain mementos that users could mint.
Proof of Attendance Protocol shuts down after five years, raising questions about utility NFT viability
The shutdown of POAP highlights the sustainability challenges faced by utility NFTs, questioning their long-term viability without revenue models. The post Proof of Attendance Protocol shuts down after five years, raising questions about ut…