Episode 31 Tokenproof: Crypto’s Gatekeeper

Episode 31: Tokenproof: Crypto’s Gatekeeper

Episode 31

Tokenproof: Crypto’s Gatekeeper

Fonz is the founder of Tokenproof. We cover his story and what led to the development of his technology, how artists/athletes/celebrities could game fame, and the future of ApeFest and other events like it.

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[00:02:20] - [First question] - How things have changed at ApeFest thanks to Tokenproof

[00:04:35] - Getting tickets through tokengating

[00:07:56] - His story and what led to the development of his technology 

[00:13:33] - Explaining the power of tokengating with NFTs

[00:15:34] - Future use-cases for NFT’s tokengating

[00:17:03] - Partnering with brands 

[00:19:14] - How artists/athletes/celebrities could game fame 

[00:20:52] - Barriers that exist in the entertainment world relating to NFTs

[00:23:11] - Exciting potential use cases for NFT monetization 

[00;24:26] - Can NFT’s be used for lower priced items

[00:26:57] - Early reactions to Tokenproof 

[00:31:51] - Lessons from the ApeFest event

[00:34:00] - Future of ApeFest and other events like it 

[00:36:17] - Could this tech work without the blockchain

[00:39:12] - Could Tokenproof be used for ticket trading in the future

[00:41:19] - Could they partner with a Ticketmaster or similar entity 

[00:42:47] - Connecting a wallet to Tokenproof

[00:45:17] - How was Tokenproof received by users? 

[00:46:47] - Using this for digital vs real-world events

[00:48:51] - Monetization for Tokenproof

[00:49:54] - What Fonz is most excited to build 

Tokenproof: Crypto’s Gatekeeper

Introduction

Eric
This is Eric Golden and my guest today is Fonz. Fonz is the founder of Tokenproof, which lets NFT owners prove their ownership online and at events without exposing their wallets or tokens. I used the service at ApeFest last month and was blown away by how seamless it was. If you haven't already listened to it, I recommend pairing this episode with our conversation on token gating with Alex Danco. Please enjoy my conversation with Fonz.

The Need for Token-Gating

Eric
So Fonz, thank you for joining me today. I'm excited to dive into Tokenproof and token gating NFTs.

Fonz
Thank you. Glad to be here, Eric.

Eric
I thought a fun place to start would be a year ago for ApeFest, not this most recent one in 22 but technically the one in 21. The way we got into this event was we had to take a wallet, sign on to a website which is always scary. From there we were given a digital code that was like 20 alpha numeric text string. We then had to copy that code, protect it with our lives, get to New York. Then we had to wait in line, which eventually end up taking I think on average five hours. After waiting in the line for five hours, you got to the front of the line where someone with a piece of paper crossed off those numbers and gave us an armband to go to a concert. And that was less than a year ago.

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