Push Protocol
Crypto Overview
Purpose and Utility
Push Protocol (formerly EPNS - Ethereum Push Notification Service) is a decentralized communication protocol that enables blockchain-based notifications and messaging. The PUSH token serves as the native cryptocurrency of the platform, used for governance and incentivizing network participants.
Business Model and Operations
The protocol facilitates communication between decentralized applications (dApps), smart contracts, and users through a notification system. Users can receive alerts about blockchain activities, wallet transactions, and DeFi operations. The PUSH token is used for governance voting, staking to run notification channels, and accessing premium features.
Real-World Adoption
Push Protocol has established partnerships with notable blockchain projects including Polygon, Aave, and The Graph. The platform has demonstrated growing adoption with multiple dApps integrating their notification system.
Development Activity
The project maintains active development with regular updates to their protocol and documentation. Their GitHub repositories show consistent contributions and improvements to the core infrastructure.
Token Distribution and Governance
The token distribution includes allocations for the team, advisors, and ecosystem growth, with vesting periods in place to ensure long-term alignment. The governance mechanism allows token holders to participate in protocol decisions.
Revenue Model
The protocol's revenue model is based on legitimate service provision rather than interest-bearing activities. There is no lending or borrowing component in the core protocol.
Crypto Impact
To assign a comfort level investing in Push Protocol from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Push Protocol.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.