Unlock is a blockchain-based access control protocol that enables creators to monetize memberships and subscriptions through smart contracts specifically designed for managing time constraints, renewals, and recurring payments. This technology addresses the limitations of existing smart contracts by providing a seamless onboarding experience and eliminating the need for multiple projects to maintain revenue flow.
Funding
$5.7M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Existing smart contracts lack native support for memberships and subscriptions, requiring developers to create complex workarounds for time constraints, renewals, and recurring payments. Digital collectible NFTs repurposed for memberships often necessitate launching new projects to maintain revenue flow, creating inefficiencies.
Solution
Unlock provides a blockchain-based access control protocol that enables creators to monetize memberships and subscriptions through smart contracts designed specifically for these use cases. The protocol supports time constraints, renewals, and recurring payments, eliminating the need for developers to build custom solutions or launch multiple projects. Unlock offers familiar onboarding experiences, including email-based memberships, walletless airdrops, and integration with Apple Wallet and Google Wallet.
Target Audience
The primary users are developers and creators building membership-based products and services who need a flexible and transparent solution for managing access and subscriptions on the blockchain.
Features
- Smart contracts with built-in functions for managing membership state, including expirations and renewals
- Support for recurring payments on-chain
- Email-based memberships and walletless airdrops for easy onboarding
- Seamless integration with Apple Wallet and Google Wallet
- Fully audited and open-source protocol