The post VeChain Revolutionizes NFT Access with Free PofP Badge Tool appeared on BitcoinEthereumNews.com.

VeChain announces the introduction of a no-code Proof of Participation (PofP) to encourage the creation and storage of NFTs.  The objective aligns with the recent launch of VePassport, which boosts identity verification for fair voting and decision-making.  VeChain (VET) has announced the launch of a no-code Proof of Participation (PofP) module with plans 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 NFTs & blockchain to users, but can be difficult/costly to mint. No more! We just launched a no-code PofP module – FREE! Grab the VeWorld wallet, mint PofPs, & engage your communities, Web3 style!Links below👇 pic.twitter.com/WI9ZoQx8Ji— VeChain (@vechainofficial) December 18, 2024 More About the PofP Concept PofP collectibles also exist as NFTs compatible with the ERC 721 standard. They can be saved as digital proof of participation in events (either online or in person). Since they are recorded on the blockchain, attendees can have permanent access to them. Most importantly, they can be traded. Explaining the concept in a simple scenario, VeChain disclosed that PofP removes the complexities that are associated with blockchain technology to onboard a non-crypto native user for free. Imagine ordering exactly the merch you have to distribute to your visitors and not having to carry boxes around, collect waste, and manage user disappointment when merch is over or has not yet arrived. PofP removes the complexity of blockchain and the need to deal with cryptocurrencies for both you and your users! PofP works with credits, where 1 credit = 1 transaction, effectively onboarding non-crypto-native users on the blockchain for free, thereby potentially increasing client…

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Filed under: News - @ December 21, 2024 2:22 pm