- VeChain announces the launch of a no-code Proof of Participation (PofP) to promote the creation and storage of NFTs.
- The goal is in line with the recent launch of VePassport, which promotes identity verification for fair voting and decision-making.
VeChain (VET) has announced the launch of a no-code Proof of Participation (PofP) module that aims to revolutionize access to Non-Fungible Tokens (NFTs). Explaining this concept, VeChain highlighted that PofP is designed for event managers to facilitate the creation and storage of digital collectibles via a no-code smart contract platform on the VeChainThor blockchain.
Proof of Participation (PofP) badges are a great way to introduce users to NFTs and blockchain, but they can be difficult/costly to mint. No longer! We just launched a no-code PofP module – FREE! Grab the VeWorld wallet, mint PofPs and engage your communities Web3 style!
Below left👇 pic.twitter.com/WI9ZoQx8Ji– VeChain (@vechainofficial) December 18, 2024
More about the PofP concept
PofP collectibles are also available as NFTs that are compatible with the ERC 721 standard. They can be saved as digital proof of participation in events (online or in person). Because they are stored on the blockchain, participants can access them permanently. Most importantly, they can be traded.
Explaining the concept using a simple scenario, VeChain announced that PofP removes the complexities associated with blockchain technology to onboard a native non-cryptocurrency user for free.
Imagine ordering the exact merchandise you need to distribute to your visitors and not having to carry around boxes, collect waste, and manage users…
