The Future of On-Chain Chat Apps in the Ethereum Ecosystem
In Episode 39 of a crypto podcast, Harsh Rajat, founder and project lead of Push Protocol, discusses the Ethereum ecosystem and the potential of on-chain chat apps. Rajat emphasizes that Web3 messaging apps will drive crypto adoption and urges Web3 communities to transition from Web2 tools to become fully on-chain.
Inspiration from Mobile Applications
Rajat’s innovations in the crypto industry were influenced by his experience with mobile apps. He recognized the need for decentralized applications to have features like notifications, which play a crucial role in user retention for Web2 apps.
The Ethereum Ecosystem as a Hub of Innovation
Rajat believes that the Ethereum ecosystem is where blockchain innovation thrives. The community’s support and access to influential figures like Vitalik Buterin contribute to its success. He dismisses the notion of “Ethereum-killers” and emphasizes that established platforms cannot easily be replaced.
Developments in the Ethereum Ecosystem
Rajat acknowledges the importance of having multiple layer-2 networks in the Ethereum ecosystem. However, he predicts that some layer 2s will fade away while others will pivot or merge with other networks in the long term.
Rajat also highlights the growing demand for chat applications built on Ethereum. As Web3 user experiences evolve, users seek out Web3 solutions to power their communities and forums.
“Web3 relies on communication before it can even rely on features.”
The Future of the Ethereum Ecosystem
The podcast delves into topics such as wallets as Web3 identities, token-gated group chats, and the overall future of the Ethereum ecosystem.
Hot Take: On-Chain Chat Apps Paving the Way for Crypto Adoption
Harsh Rajat, founder of Push Protocol, envisions a future where on-chain chat apps drive widespread crypto adoption. By embracing Web3 solutions and transitioning from Web2 tools, communities can create engaging and decentralized experiences. The Ethereum ecosystem serves as a hub for innovation, with mentorship and support from influential figures fueling its growth. As the demand for chat applications built on Ethereum increases, it becomes evident that communication is a fundamental pillar of Web3. By prioritizing user-friendly experiences and fostering vibrant communities, the Ethereum ecosystem continues to shape the future of blockchain technology.