Push Protocol
Crypto Overview
Project Overview
Push Protocol (formerly EPNS - Ethereum Push Notification Service) is a decentralized communication protocol that enables any smart contracts, dApps, or services to send notifications to wallet addresses. The PUSH token serves as the native cryptocurrency of the Push Protocol ecosystem, used for governance and incentivizing network participants.
Intended Utility
The primary purpose of Push Protocol is to provide a decentralized notification infrastructure for Web3 applications. The PUSH token is designed to: 1) Enable governance voting on protocol decisions, 2) Stake tokens to run notification channels, 3) Incentivize network participants and channel creators.
Actual Utility Assessment
The protocol has demonstrated genuine utility with multiple integrations across major blockchain platforms including Ethereum, Polygon, and BNB Chain. Notable partnerships include integration with platforms like Uniswap, Aave, and Snapshot. The development team maintains regular updates and improvements to the protocol infrastructure.
Token Distribution and Governance
The token distribution includes allocations for the team, advisors, and early investors with standard vesting periods. The protocol operates through a DAO structure where PUSH token holders can participate in governance decisions. There is transparent documentation regarding token economics and utility.
Technology and Revenue Model
The protocol generates value through actual technological utility rather than speculative mechanisms. The revenue model is based on channel creation fees and optional premium features, avoiding interest-based mechanisms. The underlying technology focuses on solving real communication challenges in the blockchain space.
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.