Home Over Protocol Introduces Sybil Detection For User Rewards

Over Protocol Introduces Sybil Detection For User Rewards

Share
Share

Over Protocol Introduces Sybil Detection For User Rewards

Over Protocol has introduced a new feature called “Sybil Detection” that rewards users based on their past activity.

OverWallet and OverNode contributors will have access to airdrops once the “Sybil Detection” procedure is completed. Nethers’ non-fungible tokens (NFTs) will also grant users access to airdrops.

The current Nethers NFT public sale will conclude on May 24 at 11:00 AM UTC. Users on the Arbitrum blockchain can purchase NFTs for 0.05 ETH.

If participants surpass the 20,000 maximum supply, each NFT will earn 500 OVER tokens. OverWallet, an application for mobile wallets, connects users to OverProtocol and currently has 5 million accounts.

OverNode, a node client, will be officially released in early this year. The mainnet launch is scheduled for June after successfully completing two testnet phases.

(With inputs from Shikha Singh)

Share

Latest News

India’s ARC Token Targets Q1 2026 Launch | 3verseTV

India’s ARC Token Targets Q1 2026 Launch To Strengthen Domestic Digital Liquidity

India’s Asset Reserve Certificate (ARC) token, a fully collateralized digital asset developed by Polygon and fintech firm Anq, is expected to launch...

News
Bitcoin spot ETFs saw

Bitcoin Funds Suffer Second-Largest Daily Outflow at $903 Million

When billions exit in days, it’s not routine volatility — it’s a signal that the ETF era is entering its most decisive...

News

Tether Backs Parfin To Push Institutional USDT Adoption Across Latin America

Tether has invested in Parfin, a London- and Rio de Janeiro-based digital asset platform, to push USDT deeper into Latin America’s institutional...

News
Japan’s $2.5T Asset Managers Enter Crypto

Crypto Goes Mainstream? – Japan’s $2.5T Asset Managers Enter Crypto Market

When big money meets blockchain light, Japan’s crypto future shines bright. Japan is entering a new financial era, with six of its...

Latest Blogs

The Hidden Risks Behind the Digital-Asset Treasury Boom

Since Strategy (formerly MicroStrategy) restructured its business model to focus on acquiring Bitcoin in August 2020 as its primary reserve asset, digital...

Why Layer-2 Blockchain Tech is Key to Crypto Future?

What is Layer-2 Blockchain Technology? The blockchain technology sector faces increasing competition because developers work to create speedier transaction systems and user-friendly...

Ethereum Fusaka Upgrade Set For December 3: What It Means For ETH

Ethereum is bracing up for one of its most ambitious protocol upgrades yet in the ecosystem’s history, with the Fusaka Upgrade scheduled...

AI + Blockchain: How Artificial Intelligence is Transforming Crypto & Web3

What is AI Crypto? AI Crypto consists of blockchain projects and cryptocurrencies and tokens which implement AI technology to boost system performance...

Related Articles

The Hidden Risks Behind the Digital-Asset Treasury Boom

Since Strategy (formerly MicroStrategy) restructured its business model to focus on acquiring...

Why Layer-2 Blockchain Tech is Key to Crypto Future?

What is Layer-2 Blockchain Technology? The blockchain technology sector faces increasing competition...

Ethereum Fusaka Upgrade Set For December 3: What It Means For ETH

Ethereum is bracing up for one of its most ambitious protocol upgrades...

AI + Blockchain: How Artificial Intelligence is Transforming Crypto & Web3

What is AI Crypto? AI Crypto consists of blockchain projects and cryptocurrencies...