Polygon Onboards New Web3-native Communication Network
Blockworks exclusive: Push Protocol recently rebranded itself to expand beyond the Ethereum network
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key takeaways
- The decision to launch on Polygon is Push Protocol’s first step toward a broader expansion across blockchains
- Its services are currently being used by popular DeFi protocols including MakerDAO, Uniswap and Aave
Push Protocol, a decentralized communication network previously known as Ethereum Push Notification Service (EPNS), has launched on Polygon’s PoS chain.
The network is designed to enable cross-chain notifications and messaging for dapps, wallets and services. Users can connect the protocol’s app to their wallets and set notifications based on events occurring on-chain.
Its services are currently being used by prominent DeFi protocols on the Ethereum network including MakerDAO, Uniswap and Aave.
Push Protocol’s recent rebrand signals its decision to move into a multichain world, according to Harsh Rajat, CEO and co-founder of the protocol.
“The launch of Push on Polygon is the first of many blockchains our platform will ultimately expand to, bringing an opt-in, native, censorship-resistant option to Web3 users everywhere,” Rajat said.
The company has close to 60,000 subscribers since it first launched on Ethereum mainnet in early 2022 and has facilitated over 17 million notifications across 100 channels, he said.
Push raised a $10.1 million token round in April this year led by Jump Crypto, the digital assets arm of quant trading firm Jump Trading, with participation from Tiger Global and other prominent venture capitalists.
Saurabh Sharma, head of venture investments at Jump Crypto, said in a statement that Push Protocol’s decision to launch on Polygon would ease the Web3 ecosystem’s reliance on Web2 notification systems.
“Making communication native to the Web3 ecosystem and severing reliance on Web2-powered notifications means crypto users will benefit from improved UX [user experience], which in turn will drive adoption and use of Web3 tech,” he said.
Sandeep Nailwal, co-founder of Polygon, said the Push network adds “much-needed functionality to the Web3 ecosystem.”
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