~/talk

Future of POAP and the NFT Ecosystem

on YouTube 46m
Talkat Pragma Lisbon 2023 · on Thursday, 2023-05-11· [web3, creative-coding]

speaker

name:Patricio Worthalter
x:worthalter

resources

video:https://youtu.be/qWORfyF0600
slides:none on file

summary

POAP claims over a million wallets holding curated tokens and reports surprising enterprise uptake by American Express and SWIFT, plus partnerships with Porsche and other brands. It frames POAP as a digital public good, relies on heavy curation to preserve scarcity, and earns revenue mainly from enterprise services. The roadmap includes experimenting to de‑financialize POAP and a transition where POAPs cost money to sustain curation and global scale.

AI-written summary · about

chapters (26)

  1. 0:00Opening and welcome to Patricio Worthalter
  2. 0:47What is POAP? Defining digital collectibles
  3. 2:44How POAP started and why it was created
  4. 4:49Transition from speculation to meaningful tech
  5. 6:16Early days of NFTs and building in isolation
  6. 8:12Who Patricio thought POAP users would be
  7. 10:04Why early adoption was difficult
  8. 11:18Surprising adoption by financial institutions
  9. 13:25Working with banks and SWIFT on collectibles
  10. 14:38Use cases with brands like Porsche and Amex
  11. 17:27Composability and onboarding for Web2 brands
  12. 19:20Crypto-native teams vs. mainstream brands
  13. 21:08Is POAP a consumer or enterprise product?
  14. 23:27What makes POAP a digital public good
  15. 26:07How Wikipedia inspires POAP’s model
  16. 27:22Discussing the idea of de-financializing POAP
  17. 28:14The future where everything is tokenized
  18. 29:46Curation as key to POAP’s long-term value
  19. 31:10Moving to a model where POAPs cost money
  20. 33:34Insights from broader NFT ecosystem trends
  21. 36:03Why NFTs face less institutional resistance
  22. 37:26Long-term thinking for NFT builders
  23. 39:21PFPs, sustainability, and building real value
  24. 40:21Coordination and lessons from the Nouns DAO
  25. 42:31Upcoming nouns activations at ETHGlobal
  26. 44:40Final advice for founders and POAP supporters

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