The educational task of Satoshi Club drives us to acquaint you with all new projects. We were delighted to welcome our guest from EPNS. The AMA took place on April 4th, 2021, and our guests were @RJlwl and @harshr!
The total reward pool was 500$ and was divided into three parts. In this AMA Recap, we will try to summarize some of the most interesting points for you.
Part 1 — introduction and questions from the Telegram&Bitcointalk community
Маry Satoshi CLUB: Hello Satoshi Club! We are happy to announce our AMA session with EPNS! Welcome to Satoshi Club😀
Gold Rocket | Satoshi Club: Hello, dear Satoshi Club community! We are pleased to conclude flash ⚡️ AMA with EPNS! 😊
Маry Satoshi CLUB: Welcome here!!!🎉🎉🎉
Gold Rocket | Satoshi Club: Today our guests are @RJlwl and @harshr! Hello and welcome to Satoshi Club, @RJlwl and @harshr!
Richa | EPNS 📨 | won’t DM first: Hello @GoldRocket27 @madamlobster, awesome to be back. Hope everyone is having a great weekend 🙂
Harsh | EPNS | Will not DM first: Hey Awesome 👋 guys
Маry Satoshi CLUB: Let’s start 🚀
Richa | EPNS 📨 | won’t DM first: sure
Маry Satoshi CLUB: Guys, as you already were here we want to start with short intro about EPNS and news about your project 🚀
Richa | EPNS 📨 | won’t DM first: sure!
Serg | Satoshi Club: Welcome to Satoshi Club 🙂
Gold Rocket | Satoshi Club: @RJlwl @harshr we are very excited about the upcoming AMA and are very happy to see you again as good old friends ❤️
Harsh | EPNS | Will not DM first: Feels awesome to be here!
Richa | EPNS 📨 | won’t DM first: Ethereum Push Notification Service (EPNS) is a decentralized middleware protocol that enables any smart contracts, dApps or even traditional services to send notifications to wallet addresses, as long as those wallet addresses have opted in to receive them from a particular service. There is also a DeFi aspect to the protocol that is used to enable incentives or passive earnings for the users along with receiving these decentralized notifications.
Learn more here: https://epns.io/
Harsh | EPNS | Will not DM first: Thanks for having us 😊😊
Маry Satoshi CLUB: We are always happy to welcome EPNS in Satoshi Club 😀 Thank you👍 and what news do you bring us today? Sure, you have some😉
Richa | EPNS 📨 | won’t DM first: @madamlobster, love to share some cool news. We recently closed our extended seed round with backing by 35+ top VCs and Web3 Angel investors including:
Balaji Srinivasan (Fmr CTO of Coinbase)
Binance Labs
True Ventures
IOSG
Sandeep Nailwal (Polygon,Matic)
Ajeet (Aave)
Kenneth Ng (Ethereum Foundation)
Scott Moore (Co-founder, Gitcoin)
Mariano Conti (Fmr Head of Smart Contracts, MakerDAO)
Anthony Sassano (EthHub / TheDailyGwei)
DeFiDad (COO, Zapper)
Ravindra (Frontier Wallet)
Preethi Kasireddy (Fmr Partner at a16z)
Auryn Macmillan (Gnosis)
TheLAO
MetaCartel VC
BR Capital
4RC
LD Capital
Bitscale Capital
and several more awesome peeps!
Маry Satoshi CLUB: Wow, what i can say, it’s fantastic 🔥🚀🚀
Gold Rocket | Satoshi Club: it’s incredible what you did in such a short time !!! 🚀
Маry Satoshi CLUB: Congratulations 👏
Richa | EPNS 📨 | won’t DM first: Also, excited to share that we’ve announced our Polkastarter IDO scheduled for April 13th. Currently, the Whitelist is OPEN 🎉🎉🎉 Thank you so much ❤️
Gold Rocket | Satoshi Club: Sounds great 👍
Маry Satoshi CLUB: Btw! We have our first question from our community about your IDO😉 We can shoot it🚀🚀🚀
Harsh | EPNS | Will not DM first: Sure
Gold Rocket | Satoshi Club: thank you very much for the great intro and a lot of great news🙏 Let’s start!
Harsh | EPNS | Will not DM first: Let’s do this
Q1 from Telegram user @NataliyaKil
Your website is counting down to submit an IDO whitelist application. There are just over 70 hours left. How many applications have you received so far and how many will be approved as a result? What data do we need to provide in order to have time to take part in the formation of the whitelist? And by what criteria will you select participants in the first place?
Harsh | EPNS | Will not DM first: Sure!
– Entries: So far we have received over 300k entries though they will go through a final bot detection as well. Any user can particapte by filling the whitelist
– Lottery: the lottery will take place on polkastarter. Selected users need to pass KYC and then they will be able to participate. lottery is for 400 slots though a little higher number of users will be selected to adjust for KYC failures
– Criteria: Users will be selected in random, some slots will be reserved for few contests, details for which we will release after the whitelist closes
Richa | EPNS 📨 | won’t DM first: To participate please refer a nice blog we wrote for the users to guide them through the process https://medium.com/ethereum-push-notification-service/epns-whitelist-for-polkastarter-is-now-open-732e3b59b6a7
Gold Rocket | Satoshi Club: thanks for the answer and for sharing!
Маry Satoshi CLUB: Oh, so now the chance to get your tokens is near 0.13%😂 Guys, you are oversubscribed 👍👍👍
Harsh | EPNS | Will not DM first: Blown away by the support guys! Entire team is so happy cause of you, the awesome community!
Маry Satoshi CLUB: It’s because you did great job!From my side i can wish your IDO participants success 👏
Richa | EPNS 📨 | won’t DM first: very grateful to the community
Маry Satoshi CLUB: Please, tell us after IDO how it all went😉
Harsh | EPNS | Will not DM first: of course 🙂
Gold Rocket | Satoshi Club: Ready for the next question or want to add something?😊
Richa | EPNS 📨 | won’t DM first: yes! let’s move to the next question 🙂
Q2 from Telegram user @Highpee
There is a recent announcement on your twitter of a partnership with PoolTogether on a pilot program. This partnership is suppose to result in a win-win situation for both EPNS and Pool together users. Tell us more about this. What is this pilot program about? How will this integration help to bring new frontiers and better user experience for PoolTogether user and in what way do EPNS user stands to benefit from this?
Harsh | EPNS | Will not DM first: Thanks! PoolTogether team is awesome and this was a perfect use case, we will be working on notifications to inform the winner and to notif all subscribers of a pool when a round starts. This means that any user will now get a notifcation on their wallet address once they win the lottery!
For EPNS, it is essential to have major projects for pilot as we prepare for freezing features of V1 of the protocol as we get to know how good the communication layer is when it comes to real use cases and can even and any features which we might have missed which will surface during building these notifs.
Richa | EPNS 📨 | won’t DM first: Also, very excited to share that we’re doing a pilot collab with one the most awesome teams in DeFi – Uniswap. Super stoked to be building the communication layer of Web3.0 for users and dApps 💪
Маry Satoshi CLUB: Guys if i will repeat ‘wow’?😂😂😂 I see that i can repeat it for all your answers!
Richa | EPNS 📨 | won’t DM first: you are very kind Mary 🙂
Gold Rocket | Satoshi Club: Guys! You rock !!! 🚀
Маry Satoshi CLUB: So, what new we will see after your collaboration with Uniswap? Can you give us example? At least one, please 😀
Richa | EPNS 📨 | won’t DM first: Sure, We are going to build notifications for them for whatever logic they want, example – governance proposals and will be exploring other use cases, front end integration etc. as the brain storming continues and evolves.
Маry Satoshi CLUB: This will be great! I am sure we will see some awesome services soon😉 Thank you for your answers! Ready to go to the next question?
Richa | EPNS 📨 | won’t DM first: lets go!!!
Q3 from Telegram user @alptrader
What are the ways of earning money for EPNS from the defi projects, from companies and from users? For example will you integrate any ads into the notifications for creating additional gain?
Richa | EPNS 📨 | won’t DM first: Sssshhhhh…. that’s a future feature
Gold Rocket | Satoshi Club: open us some easter eggs😁
Маry Satoshi CLUB: We won’t tell anyone, right, Satoshiclubbers?😉
Richa | EPNS 📨 | won’t DM first: We have always maintained a user-centric protocol so Ads or any other features will always be opt-in with a win-win game theory for users who receive the ads and for us as well. Following up on the user centric protocol, the user never pays for notification instead they earn a passive income out of it through our DeFi module which asks services to stake for activating their channel -> this is lent out to AAVE to generate interest -> this interest is distributed to all the users who opted in to that channel
Маry Satoshi CLUB: So, users will never pay? For nothing? Or you can have some vip features?
Richa | EPNS 📨 | won’t DM first: The only fee the user has to pay is the opt-in on chain txn which we want to further ease by providing meta txns and L2 layer. Right now we are on ropsten so it’s free and we’re actively working on making it as paineless as possible for all the users before launching on mainnet 🙂
Маry Satoshi CLUB: Yes, we have next question about this😉
Richa | EPNS 📨 | won’t DM first: yes please
Q4 from Telegram User @Brainchest
When I tried to connect to POAP, wallet tracker and other channels I was asked to pay for the transaction.
It turns out that the use of your service costs money and it is not in cents but in tens of dollars.
Will you work on getting free notifications for me as a user?
Маry Satoshi CLUB: May be you can add something 😀
Harsh | EPNS | Will not DM first: Thanks for checking the interface out. Yes, that’s the gas fee for on-chain opt in, currently, we are on ropsten testnet so it’s essentially free and we are working on meta-tx and L2 layer solutions to ensure it becomes free or is borne by the service or cost pennies 🙂
Маry Satoshi CLUB: Did you already decide which L2 services you will use?
Harsh | EPNS | Will not DM first: Yes, Polygon and exploring Optimistic Rollups though it seems Polygon will cover everything so we are good!
Маry Satoshi CLUB: Yes, both are awesome! Sure, you will bring only the best! Ready for the next question or you want to add something?😀
Richa | EPNS 📨 | won’t DM first: We’re good. Let’s move to the next Q
Маry Satoshi CLUB: It’s almost covered
Q5 from Telegram User @konditer_rolex
I did not see a roadmap on the site, so I want to ask if there are plans for the future to launch the mainnet? Will you have your own network, or do you choose L2 for EPNS? If I understand correctly, you have awards not only for services that use your protocol, but also for users who receive Push notifications, and I can’t imagine how you can send rewards on the Ethereum network when there are such commissions
Маry Satoshi CLUB: But tell us please about your mainnet launch😀 When we can expect it?
Harsh | EPNS | Will not DM first: 1) Plan for our mainnet: currently we are on Ethereum though we have few ideas on which we are researching so it would be more apt to look into it once that happens. We do in either case need a middleware protocol for each layer since allowing smart contract to send notif and thus having integration for sc to sc is one of our main objective
2) Yes, we would want every other notification, ie coming from dApp, backend servers to happen on L2 to ensure scalability and low cost
3) Rewards is for users, services pay
4) Roadmap for 2021 is complete and we will launch it soon
Маry Satoshi CLUB: Great! We all want to see your roadmap as soon as you will make it public! Btw, what about your testnet? How testing is going? Do you know how many users already tested your services?😀
Richa | EPNS 📨 | won’t DM first: yeah, we have approx. 2.54k users on app.epns.io currently 🙂
Gold Rocket | Satoshi Club: Good number👍
Маry Satoshi CLUB: Awesome 😎 thank you! Ready for the 6th and last question from this part?😊
Q6 from Telegram User @garrinepotter
I wonder how wide an audience your project can reach. Let’s say I have DEX installed in my phone, which is not on the Ethereum network. I really like it, but there is a problem – the lack of Push notifications. Can this application add notification using your protocol? Or you have a limited choice available blockchains?
Harsh | EPNS | Will not DM first: It’s amazing how far users think! Really nice question and we agree! We are launching on Ethereum network first but plans are there to become blockchain agnostic, one way that can be accomplished is by having a p2p receving nodes network which is how we are planning to support L1 and L2 notifs. In essence, these nodes then also gives us the foundation for becoming blockchain agnostic as then payloads can be directly signed by the sender and sent to the network rather than getting routed through a smart contract on L1 or L2 but as I said, we are still researching on this and making sure no kinks are there before confirming the exact details 🙂
Маry Satoshi CLUB: You have a whole ocean of opportunities and ways to develop EPNS😀 We are still early and you will be pioneers in this direction👍 and we are happy to have you here again and again with news!
Part 2 — live questions from the Telegram community
Q1 from Telegram User @mobilejii
Hello
@RJlwl @harshr
✅✅ have you done any audit sir! Was the report satisfactory?
Richa | EPNS 📨 | won’t DM first: Yes, we just completed our token, vesting, staking audit and we will be releasing the official report for the community soon. Thanks for asking an important question 🙂
Q2 from Telegram User @surendra040
Hello
@RJlwl @harshr
Can I know how can I get whitelisted?? Do you have any requirements to join?
Richa | EPNS 📨 | won’t DM first: Sure, our Polkastarter Whitelisting is no OPEN. Please refer to this blog post for all the required information. https://medium.com/ethereum-push-notification-service/epns-whitelist-for-polkastarter-is-now-open-732e3b59b6a7
Q3 from Telegram User @Raisbelys
Could you give me more information about your native $ PUSH token? How will it be distributed? And how can users earn passive income just by accumulating it? Can you do staking? What would be the APY percentage?
Harsh | EPNS | Will not DM first: Staking and LP Rewards will be launched with the token. Token allocation information and details of rewards available here: https://medium.com/ethereum-push-notification-service/announcing-the-epns-push-token-generation-event-4d1699e716f5
Push is a governance token with fee split and usage mining incentives. You can read about the governance, token design and more here: https://medium.com/ethereum-push-notification-service/push-token-economics-d7f566c29b1a
Q4 from Telegram User @atillayeni
You said it is a future feature to sending advertisement through notifications so can users select to opt-out from getting ads through the application?
Harsh | EPNS | Will not DM first: Users will need to opt in to ads before they see any ads 🙂
Q5 from Telegram User @konditer_rolex
Push notifications are a very convenient thing and it’s hard to imagine modern services without it. But has it ever happened to you that you accidentally clicked the button allowing the delivery of alerts and, as a result, received a huge amount of spam in the form of Push? I’m wondering how friendly and usable your platform will be for users.Will users become hostages of aggressive marketing, or common Spammers?Will your service have any Settings for Users?
Harsh | EPNS | Will not DM first: You are correct! that’s why we have taken the approach of user centric protocol. a) The notifications are alwways opted in by the users first before they land up to them. b) Spam throttle on the middleware willl throtle spam if a healthy channel starts spamming and c) Once a user opts out of a channel, there is no way for the channel to add the user back in.
Q6 from Telegram User @Arisabela
EPNS has a service of showrunners, I saw some examples on your litepaper like compound liquidation alert, Eth gas tracker, wallet crypto movement tracker, among others and this will be fantastic tools for traders and DeFi investors, can this tools be connected to our favorites trading, wallet and investment platforms to generate such alerts? How can EPNS be linked to external dApps?
Richa | EPNS 📨 | won’t DM first: Great observation, users simply need to connect their public wallet address and subscribe to these channels like eth gas, wallet movement etc and start reveiving alerts. Notifications are platform agnostic, atm we have our own mobile app showing these notifs so you can download and start receveing notifs there.
Q7 from Telegram User @NataliyaKil
In addition to the management function, will PUSH token holders receive 70% of the rights to distribution of income by agreement? So, what other privileges do you want to give PUSH holders and who gets the other 30%?
Richa | EPNS 📨 | won’t DM first: PUSH provides its holders with two primary benefits: governance rights and reward accrual. Following the network token generation event, PUSH holders will be able to participate in the evolution of the EPNS protocol and earn rewards from the fees paid to the network.
The remaining 30% goes to the ecosystem development fund.
Read more -> https://medium.com/ethereum-push-notification-service/push-token-economics-d7f566c29b1a
Q8 from Telegram User @highpee
👋Hello
Your native token $PUSH offers reward acrual benefit. But this acrual reward will be in $DAI and it will be distributed to users in proportion of how early they joined. Which of the category of EPNS user can benefit from reward actual? Is it for services, channels or subscribers? Don’t you have any $PUSH reward planned for holders of $PUSH?
@RJlwl
@harshr
Harsh | EPNS | Will not DM first: Subscribers get the actual reward. We are launching Staking Pool and LP Pools with our upcoming IDO on 13th which will enable rewards for the users but that is not all, detailed info on design and all features for Reward Accrual can be found here: https://medium.com/ethereum-push-notification-service/push-token-economics-d7f566c29b1a
Q9 from Telegram User @JoxesXIII
An important point to take into account is how EPNS preserves our right to privacy? EPNS collects our information after requesting the service? what data are we delivering?
Harsh | EPNS | Will not DM first: EPNS is built for Web3, the only account info you use is your public wallet address so no information is collected about any user or their identity 🙂
Q10 from Telegram User @Beterror203
How can we make money with a notification product i can coneccet in metamask too?
Harsh | EPNS | Will not DM first: MM as awesome as it can get is not a communication layer as much as it’s a listening layer for tx you do. For example, MM doesn’t notify you of the payments received, only the ones you sent using their interface (aka listens to tx you originate from there)
This while useful is an extremely small subset of communication that user take for granted on Web2. For example: crypto received, gas prices, near loan liquidation alerts, rewards available for staking, governance proposals, ENS domain expiry, contract security flaw, new version launches, NFT auctions and so much more! Having a communication layer enables that and bring web3 on par with web2.
Part 3 – Quiz Results
In the final part we tested your knowledge in terms of EPNS. They’ve prepared 4 questions for this part. The total reward pool for quiz was 300$.
For more information and future AMAs, join our Social Media channels:
English Telegram group: https://t.me/Satoshi_club
Russian Telegram group: https://t.me/satoshi_club_ru
Spanish Telegram group: https://t.me/satoshi_club_spanish
Telegram Channel: https://t.me/satoshi_club_channel
Twitter: https://twitter.com/realsatoshiclub
Website: https://esatoshi.club/
Our partners:
Telegram group: https://t.me/epnsproject