A New Era of Web3 Communication: Exploring the Frontier of Decentralization Push Services

In a decentralized network, the importance of communication is self-evident. Effective node intercommunication is the foundation of the healthy operation of the network; otherwise, the entire ecosystem will become isolated information islands. This is especially important in the social domain, as only through secure and smooth information transmission can true social assets and financial attributes be derived.

Traditional social media giants still maintain astonishing data in terms of user scale and daily active users. However, current Web3 social communication mainly relies on traditional tools, such as social media platforms, instant messaging software, and some customized AI intelligent customer service systems. Among these tools, protocols that can support internal communication within DApps and perform well are still relatively rare, and there is also a lack of cross-protocol and cross-chain social communication capabilities.

It is worth noting that push notification technology has been widely used in the Web2 field, covering various scenarios from instant messaging to news alerts and various marketing information. However, in Web3, despite the existence of numerous scenarios that require notifications, such as DeFi price fluctuation alerts and voting result notifications, most applications still rely on traditional methods like email to address notification needs.

The main reason for this phenomenon is that most DApps still exist in the form of PC web pages, while the development on mobile devices is relatively slow. Since message push has a high demand for immediacy, this situation limits the widespread application of message push scenarios in Web3. This stands in stark contrast to the development path of message push being widely applied after the rise of mobile internet in Web2.

Clearly, messaging in the Web3 infrastructure layer remains a field in urgent need of breakthrough, with few mature solutions available. Against this backdrop, a decentralized communication protocol specifically designed for Web3 has emerged, enabling smart contracts, DApps, and even traditional services to send notifications to wallet addresses. This protocol can be widely applied in various scenarios such as asset liquidation reminders in DeFi, domain expiration reminders, and media news push notifications.

The Frontier of Web3 Communication: The Rise of Decentralized Push Services

This emerging communication protocol is a Web3-based Decentralization platform that innovatively enables various forms of communication such as sending notifications, chatting, and video to wallet addresses.

The core goal of the protocol is to address the communication gap in Web3 applications, significantly enhance user experience, promote large-scale user adoption of a decentralized web, and provide important infrastructure support for the blockchain ecosystem.

As of April 2024, the protocol has issued over 6 million notifications cumulatively, reaching 74 million notifications since its launch, becoming a leading project in the field of Decentralization communication.

The core advantage of this protocol lies in its ability to allow any dApp, smart contract, or backend service to interact and communicate directly with the user's wallet address. This includes multiple application scenarios such as DeFi protocols sending transaction-related information, DAO organizations conducting governance and voting, GameFi platforms incentivizing users, and data analysis protocols achieving real-time user notifications. The protocol's revenue mainly comes from service provider fees and node participation rewards, which effectively incentivizes the development of the ecosystem and user participation.

The governance token of this protocol is used to protect the network, reward nodes, promote the practicality of the protocol, and facilitate the operation of the DAO. Currently, the circulation rate of the governance token has reached 60%, with a circulating market value of approximately $12.6 million. Future release plans and community governance will be key to driving the long-term development of the protocol.

Team Background and Development History

The protocol is led by Indian founders, along with co-founders and an experienced development and execution team. The advisory team includes founders from multiple well-known exchanges and Web3 projects, providing extensive strategic support and industry insights for the project.

Since its establishment in 2020, the protocol has completed multiple rounds of financing, including early rounds and a large-scale financing in April 2022, with a total financing amount reaching 11 million USD and a valuation of up to 130 million USD. The investors include several well-known investment institutions and industry leaders.

In terms of technological development, the protocol has undergone several significant technical and strategic evolutions since its launch on the Ethereum mainnet in early 2022. After its official rebranding in September 2022, the project expanded to support multi-chain communication, achieving seamless expansion from Ethereum to other Layer 1 and Layer 2 networks. In 2023, the protocol was selected as an integration project by a mainstream wallet, further enhancing its influence and practicality in the Web3 ecosystem.

Core Technologies and Application Scenarios

The protocol verifies and indexes communication content in an open, gas-free, multi-chain, and platform-independent manner, ensuring the decentralization, immutability, and traceability of messages. Its message transmission mechanism, based on IPFS for storage and sharing, provides users with a secure, private, and efficient communication solution.

The protocol allows all dApps, smart contracts, backend services, and even any distributed technology to communicate directly with the user's wallet address. This includes but is not limited to the following scenarios:

1. DeFi Protocol Notification: Send information related to transactions, such as user education, dynamic pool status, etc.
2. DAO Governance and Voting: Provide end-to-end reminders for users to participate in DAO governance, enhancing the participation of decentralized autonomous organizations.
3. GameFi User Incentives: Support for all NFT airdrops, rewards, and upgrade progress notifications to encourage user participation in the gaming platform.
4. Data Analysis Protocol Notification: Provide timely user notifications, such as tracking NFT trading volume on specific trading platforms, monitoring trading pairs, etc.
5. Alternative to Web2 message notification services: Meeting the demand for real-time notifications to users during legal agreement signing, exchange events, etc.

Effective Management of Message Push Architecture

The protocol adopts three core concepts: users, channels, and subscribers in the messaging push service, providing users with an efficient communication and interaction platform.

用户(User):

• Definition: Includes communication entities such as contracts, wallets, and individuals.
• Function: You can choose to join or exit the channel, becoming a subscriber by signing to receive messages from specific channels. Users can manage their subscriptions at any time to ensure a personalized message reception experience.

频道(Channel):

• Definition: A logical container for message sending, which requires users to subscribe in order to receive messages.
• Type: Includes public channels (subscribable by any user) and private channels (limited to a specific range of subscribers).
• Fees: To send messages in the channel, you need to pay with ETH or DAI, which effectively prevents spam messages.

Subscriber(:

• Definition: Users who have subscribed to the channel can receive messages published within the channel and participate in interactions.
• Features: Can receive different types of messages such as broadcast notifications, targeted notifications, and subset notifications, supporting diverse user interaction needs.

Other Related Core Advantages

1. Decentralization and immutability: Adopting a subscription model to put messages on the chain and ensure data traceability, immutability, and decentralization. This approach ensures the security and reliability of information while protecting users' privacy and data integrity.

2. Multi-chain compatibility: As a cross-chain communication protocol, it supports messaging services across multiple chains. From Ethereum to other L1 and L2 networks, this allows it to adapt to the needs of different blockchain ecosystems and expand its application scope.

3. Open Network Access: The push node is an open part of the network, allowing any cryptocurrency wallet to interact with it, achieving efficient message delivery services without the need to pay Gas fees.

4. Rich integration cases: Integrated with over 400 projects, including well-known DeFi protocols, social platforms, and NFT markets. These collaboration cases showcase the application and effectiveness of the protocol in various scenarios, providing users and developers with a wealth of usage options and flexible integration capabilities.

5. Strong technical support and development roadmap: Since its establishment in 2020, it has continuously promoted its technology development and product optimization. The future V3 version will support non-EVM chains, further expanding its cross-chain capabilities and service scope, indicating the protocol's development potential and market competitiveness in the future.

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