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POAP announces entering maintenance mode, with the founding team transitioning to build the next-generation digital collectibles infrastructure
Mars Finance News: The blockchain attendance proof protocol POAP announced that starting March 16, 2026, it will enter maintenance mode, ceasing new issuer onboarding. However, existing issuers, integrations, and collection tools will continue to operate. POAP co-founder Isabel Gonzalez stated that the platform has successfully found its niche within the crypto-native community but has not broken through to larger mainstream audiences for broader expansion. The platform began charging commercial clients in 2023 to sustain operations but still has not achieved further growth. Since its first issuance at the 2019 ETHDenver hackathon, POAP has minted over 6.7 million tokens, attracting more than 37,000 issuers, with brands like Adidas and Porsche participating. The team is currently focused on building open standards for digital collectibles to provide more sustainable infrastructure for community event recording and participation verification.