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Evaluating Over Protocol's First Steps and Market Impact

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by Giorgi Kostiuk

3 days ago


Over Protocol, a Layer 1 blockchain, launched with the aim of bringing decentralization to the masses amidst a series of airdrops. The project promised to simplify blockchain participation via Ethanos technology and the OverScape app.

Technical Achievements: Home Staking Takes Shape

Over Protocol aimed to simplify blockchain validation by reducing hardware demands. Over 12,000 users have participated in home staking so far. However, app update delays indicate that the network is still stabilizing.

Mixed Reviews Amid OVER Decline

Community feedback is mixed, with some users expressing frustration over unclear airdrop criteria. The OVER token's price drop from its peak highlights the need to evaluate the project's successes.

Looking Ahead: Can Over Protocol Recover?

Three months in, the project has made strides in accessibility but faces challenges. Addressing transparency and stabilizing the network will be crucial for future success.

While there have been accomplishments, the project has not fully met expectations. Transparency, network stabilization, and rebuilding market trust will be key to future success.

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