Push Protocol

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.