What is Push Protocol (PUSH)?
Push Protocol, formerly known as Ethereum Push Notification Service (EPNS), is one of the first decentralized communication and notification protocols for Web3, enabling cross-chain notifications and messaging for dApps, wallets, and services.
Push Protocol retains all push notification capabilities of EPNS, and also lays the groundwork for multi-chain, general-purpose communication. Being an open communication middleware, notifications can be integrated and shown on any crypto wallet, mobile application, browser extension, or decentralized application. Push protocol solves the missing problem of Web3 communication, and significantly improves the user experience of the decentralized web and its applications.
The native token of the platform is PUSH. The current PUSH price is featured on the live Push Protocol price chart above.
Use Cases of PUSH Tokens
Primarily, PUSH coins are designed to reward users for adopting the platform.
Furthermore, the PUSH crypto token serves as a convenient and secure mode of payment and settlement between users who interact within the ecosystem on the Push Protocol.
Lastly, PUSH coin holders are allowed to create and submit proposals by staking a certain percentage of tokens. These tokens are locked and are eligible for withdrawal after a 30-day locking period to ensure only serious users perform such functions. To encourage more users to vote on proposals and to enable further decentralization, rewards are given to all participants in the voting processes.
Planning to acquire PUSH tokens? Don't forget to check the current and the previous PUSH price. Use the Push Protocol price chart above.
Who Founded Push Protocol?
Push Protocol was founded in 2020 and launched in January 2022 by Harsh Rajat. He is an Indian solidity developer with over 11 years of entrepreneurial experience in various areas of tech. This includes architecting, development, and design in different tech fields like Mobile, Web Services, SaaS, and Blockchain. He started his entrepreneurial journey with mobile apps, and games back in 2009 and subsequently transitioned into the blockchain space.
Another co-founder is Richa Joshi who is also the marketing lead. Richa is a blockchain researcher with 12 years of experience in project management and marketing.
Tokenomics of PUSH
The maximum supply of PUSH tokens is 100 million. 53% of the total supply of PUSH has been allocated to the community, while 3% have been allocated for the strategic development of the platform. 2.85% was allocated for the public listing of the tokens and 16% has been allocated to the team. Lastly, advisors and the foundation received 3.5% and 7%, respectively.
