Over Protocol announced that it will postpone TGE and airdrop to the end of this year or early next year, and plans to launch OverFlex Market in October.

According to TechFlow, on September 20, the L1 blockchain lightweight node protocol Over Protocol released a major update announcement. OverWallet was renamed OverFlex, OverNode was renamed OverScape, and OverSpace was renamed OverFlex Market. Among them, OverFlex Market, as a platform for buying and reselling real-life vouchers, is expected to be launched in October. The platform will first support voucher transactions in the K-Beauty market and introduce a commercial transaction points system.

Over Protocol announced that it will postpone TGE (token generation event) and airdrop activities until the end of 2024 or early 2025. This decision involves multiple projects such as OverWallet, OverNode, Cryptopedia, Tasks Square and Launch Pools. The project said that this adjustment is aimed at preparing for a new strategic direction, and the focus will be on attracting new users who are not familiar with Web3 through OverFlex Market.