POAP (Proof Of Attendance Protocol) is a Web3 protocol that mints NFT badges as mementos of event attendance, using QR codes to distribute collectible tokens that can unlock communities and future drops. Its product suite includes Ethereum-backed polling, raffle mechanics and private chat verification tools tied to badge ownership. Users receive NFTs as visual badges that serve as proof of participation and can be used for community gating and rewards. The company raised a $10 million Seed round to support growth. POAP experienced an overwhelming influx of spam in 2021 that slowed the platform. It plans to use the new funding to invest in its application and platform layers to improve reliability and scalability.

Total raised

$10M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2022