What is the Poap Protocol?
Introduction:
Proof of Attendance Protocol(also, named: “Poap Protocol”) is a protocol that lets users collect digital items, and badges using blockchain technology.
Poap investors and collectors have the potential to profit significantly from the purchase and sale of their NFT badges.
This project is for you if you enjoy reflecting about your life's greatest experiences.
You can download the application on Google Playstore and/or App store if you don’t want to use the website application.
How does it work?
Digital badges are shared for all users that participate in an event, these digital badges you can sell/trade on the Ethereum blockchain through your Metamask, and/or other wallets.
One of the most inventive web 3.0 initiatives since it enables you to share happy moments with those you care about, do the things you enjoy and earn some passive cash from those times.
But the project is much more than collecting badges and getting passive income, you can use the digital badges to participate in a specific event with people you admire.
You can also get some lottery tickets with your badges.
For doing that, you need to search for Poap.fun and connect your software wallet in this web application(don’t forget to store some Ethereums to pay the gas fees in each transaction).
Who has the best lottery system: Lucky Block or Poap?
The goal of the Lucky Block coin is to make the lottery system available to everyone.
To participate in the weekly prize draw, you only need to hold some Binance coins, convert some of them to Lucky Block tokens, and purchase at least five $5 lottery tickets (each ticket costs $1).
On the other hand, we have a strong project named Poap where it’s much more than a lottery system and it’s based on the Ethereum blockchain network(one of the most trusted blockchain networks).
In my opinion, the Poap website is a web 3.0 project with more innovations than a simple lottery system like Lucky Block.
It creates engagement with the users through his events, and there are many ways to earn more money than only with lottery tickets.
POAP.art is the best place to find NFTs:
Have you ever heard about Canvas?
What if we had a similar software but related to web 3.0?
This already exists and the name is Poap.art!
Through Poap.art you can find different NFTs to buy, trade, and sell through this website you can create your digital art without many difficulties.
It doesn't matter if you are an individual person or a community, you only need an Ethereum address to get connected through the website.
Conclusion:
POAP is a good protocol for investors, they have real utility in our world to help people around the world meet each other through digital events, and earn a good amount of money with the collected digital badges.
With this website, you will get privacy to own your money through Metamask, Trust Wallet, and/or another software wallet to store your digital badges.
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Happy day/night to you dear reader!