Access NFT Tools - Overview And Space For Improvements

NFT Access tokens are primarily used to join private Discord and Telegram communities. Still, a significantly larger opportunity lies in many online and offline communities and events that might utilize this technology.

On the other side, there is a privacy concern with some tools that might be a deal-breaker. More precisely, tools used to identify whether a specific user holds an NFT might connect a user’s identity (e.g., Discord/Telegram name, SM account, etc.) with their wallet address and the amount of money they possess. Yet, we believe that ZK technology can be used to bridge that gap between privacy and utility.

However, before we deep-dive into creating a tech spec and building a PoC solution, we wanted to research whether our presumptions are correct, whether current collusion works as we assumed and whether there is space for technical improvement (innovation).