2 years ago
Brandy covers crypto-related task superior deals for CoinDesk.
One of the large symptom points successful the crypto idiosyncratic acquisition (UX) is the deficiency of cross-blockchain communication. Ethereum Push Notification Service (EPNS), a connection protocol hoping to lick that problem, has raised $10.1 cardinal successful a Series A backing circular astatine a $131 cardinal valuation.
Jump Capital led the circular with information from Tiger Global, ParaFi, Sino Global Capital, Polygon Studios, and Harmony Foundation, among others.
The EPNS protocol enables on-chain communications with the quality to opt-in for permissionless transmission notifications and subscriptions. Instead of utilizing usernames to link arsenic connected Discord oregon Twitter, EPNS relies connected a user’s on-chain identifier. Since launching successful January, EPNS says the protocol has powered 4 cardinal notifications sent to much than 44,000 subscribers.
“We person a precise assertive program to get to a cardinal users,” EPNS laminitis Harsh Rajat told CoinDesk successful an interview.
EPNS presently provides on-chain notifications for CoinDesk for media alerts, Ethereum Naming Service (ENS) for domain expirations, Snapshot for governance updates and Oasis for vault liquidation, among others.
EPNS volition usage the backing to grow its squad and make connected further blockchains beyond Ethereum. The protocol is already successful testnet connected Polygon and plans to motorboat connected Binance, Harmony and an unspecified non-Ethereum Virtual Machine (EVM) compatible concatenation by the extremity of the year, said Rajat. The institution besides plans to motorboat wallet-to-wallet connection successful the 3rd quarter.
“A idiosyncratic connected immoderate blockchain should beryllium capable to person a notification from immoderate different work they usage connected immoderate blockchain,” Rajat explained.
“As Web 3 powerfulness users, Sino Global Capital faces the trouble of monitoring galore DeFi, gaming and governance platforms and proposals,” said Sino Global Capital CEO Matthew Graham successful a statement. “EPNS solves a immense symptom constituent for america and chap Web 3 merchandise users by creating and consolidating notifications into an easy-to-use dashboard with fantastic UI/UX.”
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Brandy covers crypto-related task superior deals for CoinDesk.
Brandy covers crypto-related task superior deals for CoinDesk.
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