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Aug 3, 2026

Proof of Attendance Protocol shuts down after five years, citing unsustainable business model

POAP, which minted over 7.6 million on-chain badges for crypto events and collaborated with major companies like Coinbase and American Express, is winding down operations after failing to achieve profitability. Co-founder Isabel Gonzalez announced the shutdown on August 3, with the protocol entering maintenance mode.

Aug 3, 2026·4 sources
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Jun 1, 2026

Cardano Foundation Partners with Brazilian Olympic Committee on Blockchain Initiative as 2026 Summit Canceled

The Cardano Foundation announced a three-year partnership with the Brazilian Olympic Committee to modernize sports administration using blockchain technology, while separately the network's 2026 Summit in Singapore was canceled after treasury governance failed to approve funding.

Jun 1, 2026·4 sources
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Top claims

  • ▪Nearly 7.6 million Proof of Attendance Protocol badges were minted by more than 46,000 issuers prior to the shutdown announcement.
  • ▪During its maintenance mode phase, Proof of Attendance Protocol allowed approved issuers, collector tools, APIs, and existing integrations to continue operating.
  • ▪Proof of Attendance Protocol co-founder Isabel Gonzalez announced on August 3, 2026, that the project is winding down after more than five years of operation.

Subtopics

Blockchain governance1DAO governance1DAOs & governance1Non-fungible tokens (NFTs)1Tokenization1

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