All right, hello, hello everyone. Welcome to another edition of BeTrue's To the Space AMA and Lily today's host. So today we have Harsh Rajat, a founder of Push Protocol with us.
For those unfamiliar with push protocol, it was previously known as Ethereum push notification service or EPS. Before in bank rebranded last September. Push protocol is a Web 3 communication solution that enables
cross-chain notifications and messaging for DAPs, wallets and services tied to the wallet addresses in an open, gaseous and platform-agnostic fashion. Hello, Harsh. Thanks for joining us today. DataPunos, your name, right?
Hey, you got a drink and yeah, hey everyone nice to be here.
All right, we should join this yesterday for a Twitter space session in conjunction with internal international women's day. She was wonderful and we loved her session too. So without further ado, let's start with the first question. So are you ready?
Yep. All right, all right. So for my first question, can you please briefly introduce yourself and share with us how you first crypto and what was your first foray into crypto?
So, he everyone GMGM, my name is Harsh and the project lead and founder of Push Protocol. How I first got into crypto, well I think the year was 20
2015 or 2016, but going in when $2,000 and everyone was reporting on it right and I heard about it. I must take enthusiastic, I have worked in mobile and communication and all that
is before. So of course new technology excited me, bought some Bitcoin. The moment I bought it it went back to $200 and yeah that's that's always started by high cell low strategy. But yeah when I
started at that point of time I started because it was all the reads but slowly I started realizing that it is so much more than just reading it is I mean that's a sort of value but
they were other tokens as well and in and what what I found out was like those tokens they were also tradable and they had different qualities one of those tokens was Ethereum or
I mean, yeah, one of those tokens was called Ethereum and I kind of found out that it's a smart programmable money and that really, really excited me. And yeah, that was my 4-day in 2-block chain and programming on blockchain.
realize that this will be really mass as it grows and that let me to eventually found EPNS Ethereum push notification service or what is now known as push protocol.
All right, that's very cool. It's for me. It's always very interesting to find out how someone first got into crypto and when you mentioned that you went in for BTC 2000 and you dropped the 200 that gave me a heart attack as well. So for our next question, we would like you to explain what is
push protocol and how this idea came about. Sure. So push protocol enables communication for the entire Web 3. We started with Ethereum, but yeah, push protocol essentially enables
to finally communicate and for protocols to finally communicate to the wallets. It can be anything notification chat and even some very cool new features coming out very soon group chat video call etc. Why push
protocol was needed or what led me to find what led me to create it. Well back in 2019 I was looking into the Web3 UX and the Web2 UX and I was trying to find the missing piece of UX.
basically Web2 has but Web3 doesn't have and very quickly I realized when I started interacting with a lot of DApps and a lot of smart contracts that Web3 UX is essentially non-existent. By which I mean that what we usually do when we are on Web
to or when we are on the internet what we usually do or what apps usually do is they basically have figured out a way to communicate to their users whenever something important occurs for them. For example, we get up in the morning and
what we do is we look at our phone and we have notifications from all the apps that we use in love. Whether it's banking related, whether it's important emails, whether it's anything we do on Twitter, whether it's anything we do on Discord, any gaming thing that we do, any
Paypal or when more payments, even any delivery that we do or any Uber VT. All of it is driven by communication and Web2, where an Uber will send you a notification that something of importance might have occurred for you and you need to react to it. But when you come to Web2,
Before us, Web 3 was not able to work the smart contracts and protocols of Web 3. They were not able to communicate. And because of that, it led to a really broken UX, where then if I'm interacting with a protocol or if I'm
interacting with a smart contract. I as a wallet address, which is my username, was not able to know after my interaction, like if something important would have occurred. And push protocol was basically created to solve this issue.
The idea was that just like how Web2 platforms like Twitter or Telegram have their own user names and services they interact with those user names and tell you to do something or tell you that something of importance might be occurring for you. The idea was to make sure
that the Web 3 has that same interface as well. And that is what led us to create push protocol, which essentially enable the any and app any protocol, any backend to finally communicate via notifications via chat directly to the wallet address.
and it solved a lot of cool things. It basically enabled defi to finally interact with their wallet addresses or users and tell them if their loan is about to be liquidated. It enabled ENS domain X5E to be fine
can be conveyed to the wallet addresses and make sure that those wallet addresses interact with it. And it has grown so much more after we launched because we got Web 3 social very soon afterwards and Web 3 social or anything social cannot survive if the social media or
social platform is not telling you about the interactions or engagement you are getting and push basically enable that. And the idea in the vision was still very big. The idea was that once you do notifications only then you are able to build a chat module on top of it which allows
Now I was even volets to interact with each other but in a very webtoon eat a way where if I am talking to WhatsApp for example I get a notification from WhatsApp that I am chatting with a friend or friend wants to chat with me and that was the idea or that was the basic version of
which was to enable all forms of communication. Of course, the primitive being notification, once we enable that, we knew that we were or we knew that we would be able to create a lot of other interesting forms of communication on top of it. From then
to now of course push has grown we have sent over 25 million notifications to over 600 plus protocols 140 or 150 of them are top protocols including the likes of uniswap and away get going the wide
Expo on the central land coin decks and so much more And yeah, we recently launched the next product of push which is push chat and group chat the idea is like now a ballets can communicate so cows can basically create a web 3
need a way in which they can talk to wallets, they can discuss voting, they can discuss so much more. So yeah, that was pushed back then, that's how pushers started and this is where pushers heading right now. I see. I love that answer and I love how you spoke about
I think that is very important. I was going to ask you why push protocol is essential for web free communications, but you have already answered that very well. So yeah, thank you for that. And maybe you can just ask me if I can
explain to us how push protocol actually works and what sort of mechanism is behind it and how does it help the communication between protocols and wallets. Sure. So push protocol essentially works like any blockchain network.
example, Ethereum network, what happens is whatever account related activities that we do, Ethereum network basically maintains a record of it. And this is open network. So crypto wallets or dabs can then tap into this network and can show all your
account data no matter from what front end you basically login from your wallet address. Push protocol works in the same analogies but instead of tying your account data it ties all of your communication. So in case
your up protocol in case you are a DAP and you want to send notifications, you have various ways you can send notifications from a smart contract or send it gaslessly by signing the notification payload and n number of ways which you can find at docs.push.org and one
you basically sign these payloads or you basically call our middle-based smart contract and you send the notification out. In the middle we have something called push nodes. Their job is to basically listen to these communications that are coming in and once they come in quickly validate it and admit it to the next
network and tie it with the wallet address. Once that is done because it's open network like as I mentioned Ethereum is so because of that any crypto wallet or any crypto fronted cannot tap into this network and can show your communications. Chat on the other hand
works a little differently in which chat is basically encrypted or doubly encrypted by your PGP keys which is what is used in WhatsApp as well and that PGP key is encrypted by your wallet address which essentially ensures that no
matter what sort of blocks in you go to eventually you will be able to decrypt the SPGP key of yours and the SPGP key basically encrypts all your messages. So you are able to again retrieve all those messages out again through push nodes and the open networking system.
And yeah, combining both the chat modules and the notification modules, you basically get a web to equivalent of a messaging app or a notification system or a discord or whatever you want it to be because it's open protocol so developers can
whatever they want on top of it. Wow, thanks for that. That was very well answered and I think I know a little bit better how push protocol works now. Just know how hard you mentioned about your vision for push protocol. So how are you
you and your team working towards that. Are there any extra measures or any extra different strategies that you are doing or implementing for to putting towards it so that you can realize it? Sure. So while we have opened the era of communication for Web
the vision is still very very big and it seems cliché to say but we are just getting started. So yeah, we started with Ethereum first and then we repranded to push because we were expanding to a lot of scenes and from then to now we have now
of level on Ethereum on polygon on BNB chain. But the vision is really really big. The vision is to be the defacto layer of communication of WebT, which means it includes not only Ethereum but all the non-EVM chains
all the EVM chains, even all the non-ATM chains like, let's say, app doors or Bitcoin or Solana in the future. The vision or what push perceives a WebT user name or a WebT user is a user who will use multiple wallets according
multiple chains and the way push is built or is getting built is on the fact that any user or any protocol of any chain will be able to communicate, will be able to chat or will be able to notify any user of any other chain.
So, for example, if you are a Solana protocol, you will still be able to notify a user even on a Ethereum crypto wallet and vice versa. And if you are a Solana wallet, you will still be able to chat with Ethereum wallet and vice versa. And even if you have multiple wallets across Ethereum across
bitcoyle across Solana. All your chads, all your notifications will still be consolidated into a single inbox that can be pulled or that can be listened to by any crypto wallet across bitcoin across Solana across Ethereum or any other blockchain
and the word. I see, I see. Thank you so much for that. Now I know the logic behind the name change and the rebranding. All right. Let's move to the next question, Harsh. So about 2022, it's safe to say that it was a very turbulent year and it impacted a lot of
in the crypto space. So we are now going into the end of quarter one 2023. So what do you think remains the biggest challenge for builders and projects in Web 3 like you to overcome? Sure. So I mean no one can
that we had a very, very tough time and we still have some of the news that are coming out which makes people nervous. But for builders, I've always maintained that this time of the market is the best time to build.
I mean there's a cycle to every market. The cycle basically creates new innovations, takes blockchain and web-tree to new heights, but it also exposes the problems that we have or the new problems that we get with those innovations.
and the next cycle basically eliminates those things and creates new innovations which makes the market go above and beyond and expand more and more. The goal is now to get to a billion users, I mean four years back or just a couple
years back the goal was to get to a million dev. So just imagining that perspective we can see like how the market is growing. But we are coming back to builders. We should not forget that open sea and UNICEF app.
They were built in the bear market and they basically changed the way we operate on V3 and they basically onboarded so many users to V3. UNICEFAB basically created a new way or created a new way by which we can operate our exchange.
and OpenC basically created a way by which the masses can finally buy NFTs and can finally experience what NFTs is, what it enables and so much more.
And all of those things they usually happen in the beer market because when you're building in a beer market or when you're building in a down market, you will build these tools and these protocols and these products that will have very genuine users which will ensure
that you become the next level of innovation once the market goes to another cycle. So yeah, while it's daunting to look at all the news, I would say that builders and projects of Web 3, this is the best time for them to build and to
released a new set of innovations which will onboard the next billion users we all are talking about. Thanks Harsh. I really do agree when you say that we need to bring more developers and more users into Web 3 because it's very important for it to be
more, there's more mass appeal so more and more people can use it, more and more people can understand what is Web 3 and also I agree with you when you say that people, projects and developers, they are now building something not for the sake of building it, not for fun, they're building it for a reason for some
they're building something that people actually need, actually want and actually can solve problems or become a solution. So I think there was a great answer. And moving on to the next question, I know that push protocol has expanded its growth to the BNB chain last month
in February. So moving forward in 2023, we would really like to know whether there are any other exciting plans for a push protocol. And are there any important goals that you're trying to achieve this year? Sure. So a turn of features and a turn of new products are coming
to push that's one of the reason why we we planted right we recently launched that heat then we're group chat which essentially enabled douse to now built token gated or NFT gated or message gated tools which allows wallets which are the preuse a name so finally chat
But yeah, we are not stopping over here. We also announce over there and this is a fact that video calls directly from a wallet to wallet is coming. Again, when you build the notification just right, you are able to open all of these interesting form of communication, which is
what we are aiming for. So, plans for 2023, wallet chart is coming, group chart will get more and more features, so, those can basically pull on them or basically vote on them and do so much more. There's a moonshot project also which
is in the work which I cannot reveal but that's also coming in 2023 maybe in Q2 if not earlier and apart from that push will be expanding to a lot of non-EVMs and the lot of EVMs and a lot of L2s as well.
So all of the users of Web 3 can finally communicate and talk to each other and all of the protocols can finally be re-engaging to their users and be more useful and provide the same Web 2 UX that we all love.
That is very, very exciting. I am very, especially excited to see how poop chats and video calls are gonna work. That's enough questions from my site, from Beecho's site.
We will now move on to the community questions. We have picked out some questions from our community who are equally curious about the project. So here we go. Are you ready, Harsh? I'll start with the first question.
Okay, so this is a question from CZ Vitalik. He asked, "Can you tell us some of the use cases of push tokens in your platform? What are the users of this token in your platform and the market and what are the benefits when buying and holding
push tokens for a long period of time. I guess that's three questions. So you can start. Okay, cool. So push token and the use cases. So push token basically has four major use cases. The first is that we are essentially building a deal.
centralized communication protocol which means that they will be settings and they will be things that will be needed to adjust time and time out again. That is what happens with communication middle-based and
Of course, because it's a protocol, we wanted users to come and set those up and push token is one of the ways by which you can do that. More than that, I briefly mentioned about push nodes, which are validator indexing nodes and they will be getting opened
to the entire push community very very soon and they will have a proof of stake model so just like how Ethereum has and a lot of other blockchain have. So push tokens will be useful in that. The third and the most interesting use case of push is essentially
the Circulate and Nomi which we have envisioned wherein whatever fees push charges in the future or whatever fees push charges the services who basically activate themselves or whatever fees we charge the super users or the super chat users of the protocol by
providing them some premium features. All of those fees flows to the protocol itself and the push token holders then decide what part of the fees goes to what crypto wallets and what ratio and what part comes to them essentially driving a cyclic non-missile.
with the users and the token holders they decide the best game theory for push protocol and push tokens basically enable that. And the last feature but not the least is essentially forming of push Dow,
has already begun. The idea is that the community can use pushed out to implement or redefine the new visions or the new features or the new grants that might go through from push. So yeah combine all four
of these features and you essentially get push tokens. What are the benefits of buying and holding push tokens? Not a financial advice, but yeah, push tokens also have this thing called the time feature or the time
limited limit and the idea was that when push fee pool comes in the token holders who have held on to push the longest would be able to reap those rewards the highest which was something that we created back in 2020 when
we launched the token out and with the advent or with the introduction of V2 which is already in audit this will also go live along with the something called sequencer staking which essentially means that
the fee pool that I spoke about that is also going live into the push protocol along with some of the yield farming measures that we are doing to bootstrap the entire network. All of these fees that will flow into the protocol will be
basically be divided among push token holders based on the amount of push tokens they have along with how much time they have held the push token for. Again huge fan of game theory and we felt that this is the best way to make sure that long-term holders of push token
become part of the entire project and carry the project forward. So yeah, those are essentially some of the benefits of push tokens and being a holder of push. I see a key that is very interesting.
I like how you answer all three questions. That was great. Thanks. So we'll move on to our next question from Jackie 73364096. His question goes, "If push protocol is the missing piece of the Web 3 infrastructure,
Can you explain why it is on the Play Store instead and not a Chrome extension to give it access to a three-light text wallet? Thank you. That's a really good question. It's also on the Apple Store, by the way. All right, coming back
to the question like we do have a Chrome extension. The way push was made push was made to essentially power the communication of Web 3 but also to keep user convenience in mind. So as I said like push is an open network.
So you will basically have implementation of push communication in mobile apps as well as in extension as well as in apps as well as in crypto wallets very much like Ethereum. So Ethereum wallets are also available on Chrome and
and on Play Store and on Apple Store. But yeah, if you dig deep, both of the networks like Ethereum and Push, they are essentially open network. They are trustless. They are not bounded by
any centralized entity and because of that people can choose wherever they want these communications to happen. We provide delivery notes as well which essentially enables people essentially enable people and project or crypto wallets to
integrated in a web 3 native way or if they want they can also integrate it so that the communication flows to your wallet as well as to your discord or telegram or email or whatever they want to do. Of course when it comes to push we basically link your information
and communication to your wallet. We don't throw any email, any web to alternatives, but we provide all the tools so that people who want to build whatever they want, whether they want to build web 2.5 solution, whether they want to build a mobile app, whether they want to build extension, they can just go ahead and build out whatever they want.
And again docs.push.org is the best way to explain it. Both on the side of how push those things in open yet secure and encrypted way. As a protocol how push operates like that. And as a application live what
people can do and how to get that done. Okay, thank you, Harsh. Okay, so I have to make it clear to the community. So HarshFIT is on Play Store, Apple Store, and also there's a Chrome extension available. So you guys better get that right? So the next question from the community
from Bonnie and the score boom. Her question goes, "Can you provide more information about push chat and how it differs from other decentralized chat applications? What are some of the user-friendly features that make it a leading Web 3-Mative chat application? And what are the benefits of using push
again that's three questions harsh we can go now. Got it. I mean I love the questions about chat. This is something we were dreaming about for two years like when even when we don't divide people but we knew like we first need to get the primitive
which is push notification out and only then we can build it out. So yeah, how does it differ from other decentralized chat applications? Push chat. So push chat is end to ending crypted. Push chat will have a V by
which all your alless can be integrated into one. Pushat has native notifications just like how we talk on Telegram or WhatsApp. You have the same type of interface and you have the same type of the engagement which basically means that it's not just a node
will wait to chat now. It can be used to do so many other things like if a doubt proposal is out, all of the wallets who are basically a part of the group chat, they will get a notification around that and they can come back and they can just do their consent from the push chat itself.
So yeah, it's basically a superior form of a Web 3 tool or a Web 2 tool that we use to love. It's built in a Web 3 native. It follows all the thesis of Web 3 which means that your communication
stays with you. It's not sensible. It's no one gets poof you. It's all into any encrypted and to top that off, it also has push notifications which means that you can use it for the engagement.
What are the user-friendly features that make it a leading web-renewative chat application? I think I already covered that question. What are the benefits of using push-chat? Imagine this right now whenever we are participating in any governance.
or whenever we are participating in any doubt or whenever you are doing anything which is very social. Now you have a way by which you can participate in it entirely. You don't have to go to the squad to communicate.
You can just communicate right on that map itself. And you can be sure that whoever is in that DAO or whoever you are communicating to, they basically have skin in the game or they basically are the participants in that DAO.
More than that you can do polls and you can do voting right from that app itself Basically eliminating another user friction point and of course when you talk about native notifications you are also targeting the engagement so push that basically combines
all of these things all of the web tree middleware communication tools that that were needed and it just bundles it and gives it to all the developers so that they can start building the next discord on top of whatever they are doing or the next
and informative. So we have our next question from Diana, No3i. Her question is, what is the push delivery node? And how does it connect Web3 and Web2 platforms? And what are some of the examples of platforms that can be reached using this technology?
So push the delivery notes like how they name specified they enable delivery of these wallet communications to wherever you want it to be. The way it works is it basically
connects to the push nodes that indexes and validates all your wallet communication coming in and whenever it picks up a communication coming for a wallet it basically or delivery node basically is responsible for mapping it
to your mobile app or to your extension or to discord or to telegram or wherever you want to. So what it does is it basically listens to push node, a communication for a wallet comes in that gets picked up by the delivery node. Now as a mobile app developer,
or as a crypto wallet developer or as a extension Chrome extension developer, you can basically choose how you want to push this communication out to the user. You can use the native push notifications of Apple
or Google to get it delivered. You can choose to connect that wallet to a particular email address and send a email out. You can choose to connect that particular wallet to Discord or Telegram or Slack and send it out. And delivery notes basically.
do just that. They ensure that wherever you want this content to be delivered and in whatever way you can just go to a repo, clone that delivery node, set it up with your app
application and you are good to go. You are able to get all these communications or web 3 native communications and then you are able to decide whatever format or whatever web 2 communication or 2.5 delivery communication you want to enable.
reuse of delivery notes. I see, I see. So that's how push delivery notes work and that's what they do. And I have the last question from our community and it's from Joni and us for Ambarita. The question goes, what
What is the push grant program? And how does it support the push protocol vision and mission? How does the grant funding work and what kind of proposals are being considered? And what are the requirements for push orders to participate in the voting process? So this is one, two, three, four
for you Harsh. This will be the last one from the community. Cool. So Poshchran's program, it's a dance program which is created to incentivize developers to come and build on top of
of push communication and blockchain is a very new sector and we felt that giving incentives and grants to creative developers will essentially expand the network even more because of that we created a million dollars
grant program which is active and any one of you who have any cool ideas they can just go to go.push.org and start participating in it. That's basically how the grants program work apart from the financial incentive one of the coolest
since the work push grant program is that whenever your grant is basically getting debated on, your grant and your project gets exposure to 150,000 plus community members of us. So it's basically a win win.
us to go and apply to push grants program. How does it support push protocol vision and mission? So, as I said, the vision is still very, very big to be the communication layer for Web 3, which means that we want and we will
need everyone to come and build on top of push or build along with push and that is what the grants program achieve. How does the grant funding work? So there are two types of funding, this rapid grant funding that basically
is very fast. It's essentially a micro grant which allows the community to judge whatever you're building and not delay the process of getting the grants out to you. And then there's the other part of the grant which is like if you're building something really
really big then of course this community that Jamsin they decide if that aligns with the vision of push or not at this point of time and based on that they take it forward. What are the kinds of proposals which are considered? Supporters
very development heavy so whatever you are developing that gets fast, really fast. Having said that even if you are a content creator or if you have a certain demographic in mind which push hasn't been able to reach
to just yet I will still say just go ahead and apply for the grant the committee is really really the the septif so yeah they have been in census wherein grants for non-development work has also been rolled out or given out
What are the requirements for pushholders to participate in the voting process? So yeah, the requirements or the way grants or the Dow work, we basically broke that part out into a media medical.
and you can go ahead and read about it just because if I go really in detail about the entire governance process then maybe we'll have to cancel the next Twitter space bit too might be doing. But in essence the soul of the grant program and the Dow
that even if a holder has just one push, they will be able to move the proposal and their proposal might become a reality in the future without any hiccups. They will also be rewarded if their proposal is accepted. So they are in
to put in good proposals and then there are some places or there are some checks to ensure that people are not able to spam the entire governance forum or the entire Dow Constitution. Again, best way is to go at
go to.push.org and read about it. Or just go to push.org, go to discord and basically just come and ask us questions and we'll be happy to answer each and every one of them. All right. Thank you. Thank you, Harsh. So anybody interested? You can
And head over to the website, Harsh mentioned just now. It was gov.push.org or push.org. And Harsh also mentioned there's a medium article about the entire governance process in detail, right? So you can also, the users and listeners, they can read that also too, right?
All right. So this is the that was the last question from from the community and I would like to say congratulations to those whose questions were picked and thank you so much for contributing to the question bank. Thank you so much for asking.
And also, thank you so much for joining us today Harsh. And before we end this AMA session, Harsh, can you tell us where else the listeners or anybody interested can get more news and updates regarding push protocol besides your
discord or push.org is there you can plug in your socials, what's your medium and any other blogs or anything like that? Sure so guys just follow us at push.prodcall on Twitter, pushpro.tus
see it, you can also tap in the pink bell which is a co-host and just choose to follow. That's the best way to keep in touch. Do check out app.push.org for the
and how it looks and you know go for a chat with whoever you want to chat in the entire Ethereum polygon or DMB community. If you are a developer, docs.pistol.org is probably how you want to get started on and yeah if you
want to do two-week conversation then yeah this chord is probably the best way. All right that's great so anybody interested do get in touch with them? Is there anything else you want to add before we conclude this a make session harsh?
Nope, just be sure to follow our handles. We have a lot of news and exciting features coming very, very soon. And yeah, thanks for joining in. Yeah.
Yes, of course we can't wait to see all the cool things and the new features that's going to come out on push protocol and we're going to be very very excited about that to see how the vision will be slowly realized. And so trading for push is available on Be2 and don't forget to join our
push deposit contest which already started yesterday. So it will be ending on the 22nd of March. So all you have to do is deposit push now and you can share the price pool of 6000 push. Also winners of this AMA will be announced on our Twitter very soon.
So stay tuned and keep following our Twitter and telegram for more updates from the true and thank you again. Thank you, Harsh. Thank you everyone for listening and we'll come back with another AMA session really really soon. Goodbye everyone. Thanks. Bye. Thank you. Thank you. Bye.