We often have events and the participation based events require us to remember that in some sort of ledger long term. Not just having the selfie and the video where they are being archived. In some of the cases it helps for us to save the data into the ledger and make sure to hold the metadata of those events. 

For example say I want to visit a meetup and want to charge people something. I can use POAP and setup the NFT and ask people to mint to attend. And that attendance becomes perma on the chain. And you would also mint the asset as another proof of record for the event. 

How can this be a better protocol for the social events and the ledger recording of such events? In such case it makes sense that when we make use of the event based chain logging it makes use of the protocol to share memeories. You can make a collection of memories and mint them and also you can run raffle, scavenger hunt on events and also turn art event. 

Lot of interesting things are being done with this protocol. Though I would say this is more from the social perspective than the finance and the crypto market. It's more of social market and it is going to be solving those needs where the event attendance in the focus. 

You can explore the project here.