TechFlow news, September 20 — According to an official announcement, Over Protocol, the lightweight node protocol for Layer-1 blockchains, has released a major update. OverWallet has been renamed to OverFlex, OverNode to OverScape, and OverSpace to OverFlex Market. OverFlex Market, a platform for purchasing and reselling real-life credentials, is set to launch in October. The platform will initially support credential trading in the K-Beauty market and introduce a commercial transaction points system.
Over Protocol announced it will postpone its Token Generation Event (TGE) and airdrop activities to late 2024 or early 2025. This decision affects multiple projects including OverWallet, OverNode, Cryptopedia, Tasks Square, and Launch Pools. The team stated that this adjustment is intended to prepare for a new strategic direction, focusing on attracting new users unfamiliar with Web3 through OverFlex Market.
