Notifi Is Latest Startup Trying to Crack Web 3’s Push Notification Problem

2 years ago

Tackling crypto’s messaging occupation is becoming a blistery stake for crypto task firms, with Notifi, a protocol backed by Race Capital and Hash, emerging arsenic the latest entrant to the field.

The two-month-old institution has $2.5 cardinal successful pre-seed backing to walk connected gathering amended connection rails for crypto projects and wallets. Initially focused ton helium Solana and Terra ecosystems, Notifi’s eventual extremity is to amended everything from propulsion notifications to nonstop messages crossed the crypto world, said CEO Paul Kim.

“We’re trying to assistance negociate that upcoming detonation of radical pushing messages to you,” helium said. He described an disfigured aboriginal awash successful Web 3 notifications: for on-chain transactions confirming, for promotions upcoming, for nonstop messages, for governance votes – “a boatload of messages spamming you non-stop.”

“We privation to get up of that,” helium said. “We privation to make the infrastructure arsenic good arsenic the in-application acquisition truthful that we tin assistance springiness that powerfulness backmost to you. Otherwise, you’re conscionable gonna beryllium inundated.”

A increasing fig of crypto teams are making akin plays. Just yesterday, Dialect said it raised $4.5 cardinal to physique a “smart messaging” level for Solana. And the Ethereum Push Notification Service went live successful January.

Part of the crushed for this task unreserved is monetary. Trades determination accelerated successful crypto; if you don’t enactment connected apical of your presumption you hazard getting rekt. Kim said the “insane magnitude of liquidations” triggered by end-of-year volatility inspired him to commencement Notifi.

“We privation to marque definite that you – a degen successful DeFi – monitor, negociate and run your positions arsenic champion arsenic you can,” Kim said.

He besides mentioned governance and gaming arsenic 2 Web 3 areas wherever a robust notifications strategy could amended participants’ experience.

Any project, careless of chain, would beryllium capable to utilize Notifi’s developer tools erstwhile it is afloat live, Kim said.

The task website notes Solana and Terra arsenic 2 ecosystems of archetypal focus. Kim said he’s moving with Mango DAO to assistance integrate notifications with “order-book usage cases” arsenic good arsenic governance.

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Danny is CoinDesk's lawman concern editor. He owns BTC, ETH and SOL.


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