Net 3.0, additionally known as Web3, is nicely on its method. Nonetheless, it’s going to take a while for it to arrive, because it relies upon lots on fixing some essential problems with the blockchain know-how, which were avoiding options for years. Fortuitously, there’s a fixed influx of latest skills which can be coming to the crypto/blockchain trade from everywhere in the world, and a few of these points seem to be they is perhaps solved within the close to future.
Some have already been solved, in truth, such because the notification mechanism that was actually supposed to be invented a very long time in the past, however for some cause, it wasn’t. That’s, till Ethereum Push Notification Service (PUSH), or EPNS for brief, was invented. The mission has been round just for a couple of 12 months now, after launching in April 2021, and it undoubtedly deserves a glance over.
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What Issues Does Ethereum Push Notification Service (PUSH) Resolve?
EPNS is specializing in the problems of communication, in a method that may profit the merchants and buyers probably the most. For instance, it:
Permits pockets addresses to obtain notifications
EPNS is a notification protocol that permits pockets addresses of customers to get notifications by any good contract or dApp that they’re concerned with. The identical goes for varied companies, all of which may ship notifications that may attain customers in a platform-agnostic method. That method, customers don’t want to manually test for brand new modifications and developments – they’ll merely be notified of them as they occur.
Adjustments the way in which companies talk with customers
Till now, crypto companies that customers work together with might solely ship suggestions to them by means of social media, corresponding to Twitter or Reddit. The clear draw back of that is that customers wouldn’t essentially see the companies’ posts and be notified of vital occasions in time, which could lead on to missed alternatives, or failure to react to vital occasions – whether or not good or dangerous – in time.
Improves UX, communication, and engagement
By having the ability to talk with customers straight, companies can enhance the customers’ general expertise. What’s extra, by notifying them of what’s going on in real-time, they’ll enhance person engagement, which is useful for each, the customers and companies.
Advantages of Ethereum Push Notification Service (PUSH)
There are a number of advantages that customers can anticipate from interacting with EPNS, a few of which can be fairly apparent, whereas others are utterly distinctive. For instance:
Obtain vital updates
As a person, you’d have the opportunity to obtain vital updates straight to your pockets tackle, which might instantly warn you of something that’s taking place with the mission, its coin or token, new developments and impactful occasions, and extra. The issue is that till EPNS, one thing like that didn’t exist, and due to this, customers have been lacking a number of vital occasions. Even when they have been revealed on Twitter or Reddit or another social community, the tasks can solely achieve this a lot to get the data throughout, and customers would have to test repeatedly what’s going on, which is neither environment friendly nor sensible.
Earn crypto for receiving notifications
One factor that will not have been so apparent from all the things talked about up to now is that EPNS additionally incorporates an vital DeFi facet to the mission. This DeFi portion of the deal permits customers to earn cryptocurrencies merely for receiving the precise notifications. The so-called incentivized alerts depend on staking by service, which is lent out to AAVE to generate curiosity, which is then distributed among the many service’s subscribers, because the mission itself explains it.
Determine what companies can ship notifications
Lastly, the mission could be very user-centric, which means that customers can change, choose, and resolve most issues concerning the alerts. You can at all times decide in or out from receiving the alerts, or select particular companies that you simply want to obtain alerts from, and even decide in for a sort of service that may reward you first, after which ship the notification that they have been planning to ship to their customers. Primarily, all of it’s your choice.
How Does Ethereum Push Notification Service (PUSH) Work?
Ethereum Push Notification Service is a notification protocol that goals to revolutionize the way in which the crypto world communicates with its members. To date, there was merely no answer that might straight notify customers that work with some service or mission, or are affected by it ultimately. Initiatives and corporations have been restricted of their communication by posting updates on social networks, and hoping that the algorithms which can be presenting content material to customers would allow them to see the announcement as quickly as doable.
Alternatively, it was the customers’ duty to test in with these tasks, the markets, and alike, on common foundation and stay up to date with all new developments. This didn’t present a very nice person expertise, and it led to customers lacking out on vital occasions and actions at finest, or resulted in losses once they failed to react in time to unfavorable developments.
EPNS introduces a sophisticated new notification system that’s blockchain-agnostic, tied straight to the customers’ pockets addresses, and supplies direct communication between companies and customers. It’s a kind of mission that’s thought-about a crucial a part of the upcoming Web3.
How to Purchase
At present, Ethereum Push Notification Service (PUSH) is on the market for buy on the next exchanges.
Gate.io – This trade was established in 2013, and is likely one of the extra fashionable & respected exchanges. Gate.io presently accepts USA residents (excluding New York & Washington State).
KuCoin – This trade presently affords cryptocurrency buying and selling of over 300 different fashionable tokens. It’s usually the primary to supply shopping for alternatives for brand new tokens. This trade presently accepts Worldwide & United States residents.
WazirX – This trade is a part of the Binance Group, which ensures a excessive customary of high quality. It’s the finest trade for residents of India.
Coinbase – A publicly traded trade listed on the NASDAQ. Coinbase accepts residents from 100+ international locations together with Australia, Canada, Singapore, UK & the United States (excluding Hawaii).
Ethereum Push Notification Service (PUSH) — A mission for chain-agnostic, platform-independent, incentivized notifications
The crypto/blockchain trade continues to evolve, and with every new concept corresponding to what EPNS has give you, it’s getting nearer to making Web3 a actuality. There’s nonetheless an extended highway forward, after all, however even earlier than Web3 turns into actuality, a push notification system that may notify customers of vital improvement can be extraordinarily helpful. Particularly if mentioned system can be utilized by any dApp and good contract on any blockchain.
Because of this, we imagine that EPNS has nice potential within the blockchain world of the current, in addition to future, and have an interest to see its improvement.