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OverProtocol Announces Open Beta Testnet and Community Incentives for Participation

Chainwire by Chainwire
December 12, 2023
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Seoul, South Korea, December 12th, 2023, Chainwire

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OverProtocol, a Layer 1 blockchain focused on democratizing validation, has exciting plans for the next year, including a mainnet launch in the first half. In October, the project successfully completed a closed beta testnet with 15,000 applicants from 127 countries, of whom 1,300 completed all tests. In preparation for the mainnet launch, they have now announced an open beta testnet and an incentive program open to everyone.

Community-Focused Launching Plan

The project will initiate an airdrop through the OverProtocol Community Airdrop Program (OCAP) to build a strong community. The path to the airdrop unfolds through two pivotal quests. The first quest, already active on OverWallet, showcasing OverProtocol’s mobile-centric vision, has attracted significant participation. Over the past six months, more than 4.7 million users have joined, with over one million users actively participating in missions each month. Meanwhile, the second quest invites users to engage with OverProtocol by running validators via OverNode on the Open Beta Testnet.

Open Beta Testnet (OBT)

The Open Beta Testnet is divided into two seasons: OBT Season 1, which runs from December 13th to 22nd, and OBT Season 2, scheduled for February of next year. During the testnet, participants can experience Home Staking by running a node and validator at home through OverNode and also learn about Ethanos, a key feature of OverProtocol. The total scores accumulated from both seasons will be considered when determining the airdrop amount. Everyone can participate in OBT Season 1, but only those with enough points in OverWallet can complete key missions. OBT Season 2 will also have a point requirement, so if you are interested in OverProtocol, download OverWallet and join the OverProtocol community.

Instructions for OBT Season 1

Please remember to follow these essential steps:

  1. Download the OverNode Client: This is the first and crucial step. Download and install the OverNode client on your computer for mission engagement.
  2. Complete the Missions: Follow the structured guidance provided within the OverNode client to complete your missions effectively.

Additionally, pioneers should:

  • Follow the Official OverNode Channel on X: Stay updated with all announcements and important information during the testnet period by following our official channel.
  • Access OverNode from the Official Website: The OverNode will be available for download from our official website starting from December 13th, 02:00 UTC.
  • Familiarize with the Mission Types: An overview of the seven types of missions is provided in our official Medium article. It’s designed to assist users in understanding and effectively engaging with each mission type.

Vision of OverProtocol 

OverProtocol is a new layer 1 blockchain based on a protocol named ‘Ethanos’ that only considers active accounts valid, enabling full nodes to discard obsolete data and operate with less storage, thus allowing for reduced storage requirements. Superblock, a core contributor to the project, is developing ‘OverNode’, a full-node client that allows anyone to run a full node of OverProtocol and become a validator on their home PCs.

“By allowing anyone to run a validator, individuals have the opportunity to earn $OVER through a process known as Home Staking. This enables them to embrace a new lifestyle, offering new payment options, enhanced credit, and innovative financial opportunities,” Ben, CEO of Superblock, added.

About OverProtocol

OverProtocol is a layer 1 blockchain network committed to fostering a truly decentralized ecosystem, allowing anyone to serve as a validator. Leveraging ‘Ethanos’, an innovative node optimization technology, it empowers individuals to operate full nodes from their home desktops. Driven by the vision of decentralization, OverProtocol aspires to place the power of a new internet right in your hands.

For more information visit OverProtocol’s: Official Website | Twitter | Discord | Medium | YouTube

Contact

Maketing Lead
David Kim
Superblock
[email protected]

Disclaimer

For paid/sponsored articles, FintechMode neither endorses nor takes responsibility for the accuracy, timeliness, quality, and content of said articles. The statements, views and opinions expressed in paid/sponsored articles are solely those of the content provider and readers are reminded that Cryptocurrency products are unregulated in most locations and can be highly risky. Do your own research and consult relevant financial experts before making any investment decisions. FintechMode will not be held accountable, either directly or indirectly, for any harm or loss that may stem from or be linked to the usage or reliance on any information, goods, or services mentioned on this page. If you have any concerns, please email [email protected] or refer to our Terms & Conditions

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Chainwire

Chainwire is a specialized newswire service providing high-impact distribution for the blockchain and crypto industry.

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