Blockchain technology is rapidly growing and will continue to grow in terms of revenue, services, and users. Despite this rapid growth, the services (dApps and platforms, services, smart contract) still lack a natural and decentralized communication platform with their users. Especially, communication between consumers and providers via email, Twitter, Telegram, and other community platforms in the current scenario. These methods defeat Web3.0’s purpose.

What Is EPNS?

Ethereum Push Notification Service (EPNS) is a blockchain protocol that makes it possible for services to communicate with users (wallet address) in a decentralized manner. The protocol guarantees that users will be able to receive token incentives via notifications.

EPNS, a notification protocol built on top of Ethereum, is an entirely decentralized middleware layer that allows any dApps (smart contracts) or traditional services to communicate in a privacy-centric (wallet address) and decentralized fashion.

Additionally, the protocol assigns a content category to payloads. It means that the services can communicate with any information they desire with users.

So what are the major components of the EPNS Protocol?

Other than the technological framework, the EPNS protocol also contains Users. The further classification of the framework is as follows:

Service: Any dApp, smart contract, service, etc. You wish to send notifications.

Channel: A service that uses EPNS to send notifications. Channels can stake predetermined fees in pools that are useful to incentivize usage. It is in order to make sure they have skin in the game. Channels can be created using the EPNS dApp and JS Libraries by Web3 project owners or developers.

Subscriber: A user subscribes to channels via EPNS in order to receive notifications. EPNS follows the opt-in model for subscriptions. Channels can only send notifications to participants who have opted in. Subscriptions can be either direct or indirect, and subscribers can unsubscribe at any moment.

Users: Any listed user in the protocol register.

EPNS Features

1. Users may receive incentive notifications

All services that want to notify their subscribers will need DAI staked. This DAI will be the Lend to Aave Protocol. It will send the earned interest proportionally to all subscribers who have subscribed to receive notifications. Subscribers that sign up early receive a better weightage.

2. Platform Agnostic

This protocol allows the retrieval of information (encrypted and plain) from each notification. IPFS stores most of the payload storage. But, it is possible to keep different payload types (decentralized or centralized) in the future.

This allows universal notification delivery for any crypto wallet, mobile app, web browser, or other platforms that integrate the protocol. As a reward, all wallets and infrastructure service providers that allow notification delivery charge fees.

3. User-Centric and opt-in notifications

The protocol allows users to control which services they get notifications from directly. It also imposes rules such as spam protection for users and limits their ability to add wallets or subscribers to the service.

4. Spam score, throttling

Each channel has a spam score, which ranges from 0 to 1. A value of 0 indicates that the channel has a high score, while a value of 1 indicates that it is very unhealthy. Generally, the range adjusts according to positive actions like a higher number of subscribers with the passage of time. Negative actions are higher than normal unsubscribers, higher notifications, etc.

This protocol guides this and, at a specific range, it will start to throttle the notifications or stop them until the score is back to a healthy range.

5. Governance

Protocol governance design encourages the continued use of the EPNS protocol. It is achieved by rewarding and encouraging all users with penalties and incentives. It is a belief that their participation is essential for the growth and adoption of the protocol as well as the eventual goal of it becoming a standard for web3 notification.

How Does the EPNS Communication Layer Actually Work?

You can categorize the communication layer into two parts:

1. Sending Notifications. This layer includes smart contracts (and later, p2p nodes). It acts like middleware and allows for all communications from a service’s subscribers. Even smart contracts can send notifications out by having these on L1 or L2.

2. Receiving and disbursing Notifs. The layer listens and dispatches the Notifs forward to our smart middleware contract. These two segments guarantee that communication is standardized, authenticated, and can be heard to and interpreted by any cryptocurrency wallet, mobile app, or other infra services.

Is This Coin a Scam?

The increasing number of rug pulls in the crypto-verse justifies the skeptical nature of investors towards any new start-up. Hence, companies like ChainSafe Systems are getting more and more attention. ChainSafe audits various tokens to check for abnormalities. 

The recent collaboration between ChainSafe and EPNS brought bittersweet news for PUSH coin price. The audit brings two critical, seven major, seven minor, and 50+ minor informational issues into the light.

EPNS (PUSH) Token: Price Analysis

Flashback: The Fundamental Analysis of PUSH

At press time, the Ethereum Push Notification Service price was $2.91 with a 24-hour trading volume of $3,260,742. Ethereum Push Notification Service has been up 1.18% in the last 24 hours. 

The coin ranks at #687 among the crypto-verse as per CoinMarketCap, with a live market cap of $32,633,960. It has a circulating supply of 11.20 Million PUSH coins and a max. Supply of 100 Million PUSH coins.

Technical Analysis of EPNS (PUSH)

Source – https://www.tradingview.com/x/EG6U5dG4/

As per the daily chart, the PUSH coin price rises higher in a parallel channel after the recent downfall. The downfall began with the supply dump in August. Thus, resulting in a fall of 75% within a month.

Nonetheless, the crypto price is up more than 400% from the all-time low mark in the bigger picture. Hence, due to the powerful past performance and fundamentals to bring a significant change in its use case, we can observe immense growth in the future for EPNS cryptocurrency. 

CoinMarketCap

The number of addresses holding the PUSH token increased dramatically from August 2021. From less than 3200 holding addresses in July, the coin aims to reach 4000 holders by the end of 2021.

Let us now look at the future EPNS price prediction.

EPNS (PUSH) Price Prediction 2021

The PUSH coin prices can see a price jump in the upcoming weeks. As a result, it is possible that we may find the coin price near the $3.5 mark by the end of 2021.

EPNS (PUSH) Price Prediction 2022

As the crypto-verse progresses over the months, 2022 can be pretty bullish for EPNS coin price. As a result, investors might find acquiring a few dips during the uptrend as profitable. This is because, by July 2022, the PUSH coin can hit the $5 mark.

EPNS (PUSH) Price Prediction 2023

In 2023, PUSH prices can see exponential growth as the overall crypto market increases its hype. Hence, the coin price can be $6 or even $6.55 by December 2023.

EPNS (PUSH) Price Prediction 2024

This year, we can witness a massive flood in coin prices as the platform becomes mainstream among various businesses. As a result, the coin price will reach $10 this year.

EPNS (PUSH) Price Prediction 2025

The PUSH coin has considerable potential and could dominate a significant part of the crypto market. Therefore, by 2025, PUSH coin prices could reach $15 or even higher.

EPNS (PUSH) Price Prediction: Market Sentiment

The price analysis of PUSH coin by various media outlets is listed in the section below:

Digital Coin Price

Digital Coin Price predicts that the EPNS price will have a bullish future. PUSH coin prices will reach $9 by the end of 2025. And by 2028, a single PUSH token can have a value equivalent to $13.

As per Coins Kid, the PUSH coin price will approximately hit $3.5 by the end of 2021. However, the upcoming years can be bullish, as predicted by Coins Kid. It estimates the PUSH coin to reach the $15 mark by the end of 2025.

Coin Arbitrage Bot

Coin Arbitrage Bot predicts a big bull run waiting for the PUSH coin price in the upcoming years. By 2024, it will reach $10, showing 250+% growth. And by 2025, the PUSH coin will hit the $17 mark, increasing 500%.

PricePrediction

As per PricePrediction.net, the PUSH coin price will reach the $5.85 mark by 2023. And by 2025, the bull run will drive the price higher above the $8.9 mark.

Cryptoknowmics’ EPNS (PUSH) Price Prediction

We now know what EPNS is and what it does. Now we know EPNS was designed to assist users in finding a solution for notifications from dApps. Moreover, it is built on top of Ethereum and enables DApps (decentralized apps), smart contracts, or traditional services to communicate in a privacy-focused, decentralized manner with their users.

The blockchain protocol for communication is decentralized and ensures that notifications are delivered regardless of the carrier. Moreover, it covers both centralized and decentralized pages (iOS and Android, Firefox, Chrome, and Telegram), as well as user wallets.

With the use case that has the potential to bring big changes in web3.0 or dApps, we expect the PUSH coin price to reach the $15 mark in the next five to six years.

Conclusion

Unlike the Web 2.0-based Apple Push notifications (or the Android services, for that matter), EPNS incentivizes users to get notifications.

Currently, the audit mechanism is underway, and minor modifications are done accordingly. This cleared the launch of the EPNS Protocol, enabling services to send notifications by adopting Web 3.0 tech. Furthermore, the next significant milestone coming up by the end of the year will be the push nodes, the retrieval, and the dispatch protocol.

According to social media platform price projections, the PUSH coin will be worth at least $3.5 by the end of 2021. Moreover, the PUSH price forecast is reasonably bullish, with the currency anticipated to surpass the $15 level in the next four to five years.