tokenproof: Token Gating on Coreum

Coreum
3 min readJul 29, 2024

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tokenproof simply connects digital token ownership with real-life experiences and online activities. It serves as a bridge between blockchain technology and everyday interactions, enhancing the utility of tokens and NFT’s by integrating them into the physical and digital realms. Tokenproof enables token holders to unlock unique experiences with the brands and communities they are passionate about, all while ensuring security and convenience. The platform is now dedicated to streamlining the way token ownership is verified throughout the Cosmos and Coreum.

Introduction to tokenproof

tokenproof serves as a secure gateway for token holders, allowing them to prove ownership and access exclusive content or services linked to their tokens. Giving brands, artists and projects the ability to engage fans and community members using secure, on-chain digital assets. For token gating for events, Coreum communities looking to enhance their networks — or brands venturing into web3 via the Coreum blockchain — can now leverage Tokenproof to provide users with exclusive digital content, access to a robust Shopify integration for special online and in-store drops, and the capability to craft immersive user experiences such as interactive scavenger hunts.

For Token Holders: Tokenproof provides a secure way to prove token ownership without the need to carry a Web3 wallet to every event or online platform. Users can attend or unlock experiences with their tokens, accessing everything from exclusive events to personalized offers, without the worry of connecting to an unsecure environment.

For Project and Brands: Tokenproof offers an advanced token-gating solution that includes customizable access policies, detailed configuration options, and robust analytics. It empowers businesses and brands to create engaging, token-based marketing strategies and experiences that attract and retain customers. Whether for event ticketing, access to premium venues, or special promotions, Tokenproof equips verifiers with the tools they need to leverage token and token communities effectively.

Core Features of tokenproof
The platform utilizes advanced cryptographic techniques to offer robust token authentication without the risks associated with traditional methods:

  1. Secure Verification: Tokenproof enables token verification without necessitating the transfer of tokens or exposure of private wallet keys, enhancing security and privacy.
  2. Developer Toolkit: The platform provides APIs and SDKs for seamless integration, making it a valuable asset for developers in NFT marketplaces, exclusive community platforms, and event management.
  3. User Experience: By simplifying the authentication process, Tokenproof removes the need for repetitive wallet connections and confusing blockchain, improving the overall user experience.

Integration with Smart Tokens

Tokenproof will aim to integrated with Coreum Token capabilities, offering advanced functionalities for access systems:

  • Conditional Access: Smart tokens can enforce conditions such as token holding duration or specific blockchain activities before allowing access.
  • Dynamic Content Delivery: Access to services or content can be tailored based on the attributes or state of the smart token, providing a personalized user experience.
  • Enhanced Security Features: Smart tokens can incorporate additional security measures, such as biometric verification or multi-factor authentication, directly into the token’s logic.

Impact of the Wave 3 Grant

As a beneficiary of the Coreum Wave 3 grants, Tokenproof is positioned to expand its technological development and scale its solutions on the Coreum blockchain. This grant not only supports tech advancement but also fosters the integration of Tokenproof within the Coreum ecosystem, giving projects building on Coreum a secure implement token-based verification systems.

With its approach to token authentication and support from Coreum. Tokenproof is set to lead the domain of token gating technology in the Cosmos. By building on Coreum, tokenproof leverages a robust infrastructure that enhances its capabilities to deploy advanced smart token functionalities, driving forward the security and utility of digital assets on-chain. The use-case is crucial for advancing blockchain technology into everyday applications, making digital interactions more secure, efficient, and user-centered.

About Coreum
Coreum, the world’s first Superledger. A 3rd-generation, layer-1 blockchain architected for enterprises of any size, from startups to large corporations. Providing a remarkable transactional speed of up to 7,000 TPS and ISO20022 compliance ensures expedient and economical transactions across a swift and secure PoS network.

Website: coreum.com
Twitter: @CoreumOfficial
TG: @CoreumOfficial

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Coreum
Coreum

Written by Coreum

Blockchain infrastructure architected to meet critical scalability, security, and interoperability needs to power enterprise solutions on-chain. #Superledger

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