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How It Works
- 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.