The Trusted Location API enables builders to incorporate "proof of location" into their Dapps, unlocking a variety of use cases that connect real-world activities to Web3 token incentives (e.g., ERC20 tokens, NFTs, SBTs).
Event organizers, store owners, conference organizers, and more can deliver cryptocurrency, non-fungible tokens (NFTs), or Soulbound Tokens (SBTs) to people that prove their in-person attendance (i.e., show up at a specific place at a specific time) by enabling trusted location inside ioPay wallet. All types of businesses can boost in-person attendance by delivering a crypto-asset to anyone that shows up in person, or even host a raffle and reward a subset of attendees that show up with a crypto-asset.
Scavenger Hunts & Itinerary
Travel- or tourism-focused companies can incentivize users to visit one or more attractions or points of interest, in random order or a specific sequence. Users can submit multiple "proofs of location" and earn crypto-assets once they prove they have completed a real-world scavenger hunt, visited the top tourism destinations in a certain city, or even visited all the public artworks of a specific artist.
Know Your Customer (KYC) & Location Verification
Builders that want to restrict access to their Dapp or specific functionalities in their Dapp to users that live in a specific region can use the trusted location API to verify users' locations. This can also be used to host special campaigns (e.g., Airdrops) that are targeted to specific regions.
Universal Basic Income (UBI)
Governments can customize UBI payments to users that prove they live in a specific region. This can be used to deliver broad payments to everyone that lives in an entire country, as well as granular, hyper-localized payments to people that live in a specific city block.
GameFi & Metaverse
Trusted location can expand the possibilities of GameFi by incentivizing people to visit real-world locations to earn digital assets. Just like Pokemon GO, game builders can blend in-game activities with real-world activities to bridge the physical and digital like never before.