The Cryptocurrency Podcast Ep4: Looppress, Loopring, and Token Gating

This week I had the pleasure of sitting down with Stephen, the creator of Looppress, an open-source WordPress plugin for Token Gating. We had a great conversation on my podcast Proof Of Talk, on the features of Looppress, and why Loopring is likely to become the main L3 for Ethereum.

Here are some of the highlights we covered on the Podcast. If you want to listen to the whole thing, let me drop some links for you:

🎧 Spotify | Apple Music | YouTube

Looppress, as the name suggests is a WordPress plugin developed by a passionate individual in the web3 community. It aims to provide content creators with a comprehensive set of tools to enhance their engagement with the audience and monetize their content securely. The driving philosophy behind Looppress is rooted in providing accessibility and ownership over one’s content.

Looppress is an open-source Token Gating solution that allows wordpress websites to lock a certain piece of information (such as a page, a login screen, or a piece of text) and only make it available to owners of a specific NFT.

There is a lot of flexibility and potential use cases in that, and applications like Pinata (and Pinata Submarine) have already recognized a need in the market for Token Gate content, so they have created (paid) solutions to address this need. Looppress however, is completely free to use and comes with a variety of useful features, which we’ll go over in more detail in a second.

One of the core principles of Looppress is accessibility. Content creators, whether they are seasoned developers or artists with minimal technical knowledge, can seamlessly utilize this plugin. Looppress offers a user-friendly interface and a straightforward setup process, making it easy for creators to enter the world of web3 without a steep learning curve.

Looppress also emphasizes self-hosting, allowing creators to have control over their content and how it’s distributed. Unlike centralized platforms, Looppress operates on WordPress, a widely used open-source platform. This means you have full ownership of your content, and it can’t be censored or deplatformed by third parties.

Why Loopring?

Looppress currently works with Loopring NFTs and there is good reason for that. Loopring is an Ethereum Layer 2 scaling solution that enhances the functionality and scalability of Ethereum while maintaining its security.

By leveraging Loopring, Looppress minimizes these costs, making it more accessible to content creators and their audiences.

Oh and did I mention that Loopring’s API is completely free to use? That’s right. If you want to create an application that interacts with the Ethereum chain, you’re going to have to use the Etherscan API, which isn’t really free, so therefore not so scalable. Loopring on the other hand, allows you to interact with on-chain data completely free of charge.

Loopring offers Ethereum-level security, ensuring that your content and transactions are safeguarded. This level of security is vital in the decentralized web3 space, where trust is established through code and cryptography.

Looppress Features

Looppress offers a range of features that empower content creators and artists.

1. Token Gating: Creators can tokenize their content and grant access to specific content or features in exchange for tokens, enabling a monetization model that doesn’t rely on ads or subscriptions.
2. Web3 Login: Users can log in with their web3 wallets, enhancing privacy and simplifying the login process.
3. NFT Role Access: Looppress supports access to NFT roles, enabling creators to offer exclusive content to NFT holders on different tier levels.
4. Access-Protected File Downloads: Content creators can protect file downloads behind token gates, ensuring that only those who own the required tokens can access them.
5. Visual Block Editor Blocks: Stephen plans to introduce a user-friendly interface for token gating, making it accessible to creators with no coding experience.

Looppress Roadmap

Looppress has an exciting roadmap ahead, with plans to implement several crucial features and expand its offerings:

1. Wallet Connect Version 3: Integration with Wallet Connect Version 3 will further enhance the user experience and ensure compatibility with the latest developments in the web3 space.
2. Refactor: Stephen wants to make it easier for other people to contribute to the codebase so a refactor is on the roadmap to attract more developers to build new features into Looppress.
3. Visual Block Editor Blocks: The addition of point-and-click blocks in the WordPress visual editor will simplify the token gating process.

I had a great time talking to Stephen and exploring the piece of software that he built. If you want to learn more about looppress go to looppress.dev.

Listen to the full podcast: 🎧 Spotify | Apple Music | YouTube

 

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