tokenproof works by issuing a verifiable credential that can be used as proof of ownership for a blockchain wallet while the actual assets remain securely locked away and disconnected. This credential binds the wallet to the user's mobile device when created.
Users can prove ownership of tokens via authentication facilitated through the use of the tokenproof Mobile App.
Verifiers use tokenproof to verify users' ownership of tokens with the ability to define specific token-gating rules for authentication. For example, a rule may require a user to own a CryptoPunk or Bored Ape Yacht Club token to enter an exclusive event or unlock an in-store discount.
tokenproof has created the infrastructure and applications to support the needs of brands both big and small as they implement token-based experiences online and in the real-world.