Ethereum Push Notification Service (EPNS) has raised $10.1 million (approximately Rs 76 crore) in a token round, with an average valuation of $131 million.
According to CoinMarketCap, EPNS’ native virtual asset token Push had a fully diluted market capitalization of $128 million at the time of writing this article.
The EPNS team plans to use the funds to expand the notification protocol beyond the Ethereum ecosystem, starting with the Polygon network, improve products, and grow its workforce from 30 to 60 people. Its goal is to reach a million users.
Tiger Global, ParaFi, Sino Global Capital, Polygon Studios, Woodstock Ventures, DCX Ventures, and Alpha Wave Capital were among the investors in the round, which was led by Jump Crypto.
Founded by Richa Joshi and Harsh Rajat in 2020, EPNS is building a web3 communication protocol. The protocol enables any smart contracts, decentralised applications (dApps), or traditional servers to send notifications tied to the wallet addresses of a user.
Visit : https://epns.io/ for more information
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