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Superblock Raises $8 Million in Funding for Over Protocol in South Korea

Superblock Raises $8 Million in Funding for Over Protocol in South Korea

Superblock Raises $8 Million in Funding RoundsCopy

Superblock, a contributor to Over Protocol, has secured $8 million in funding from prominent companies and VCs in South Korea. The investors include SK, Netmarble, DSC, E&Investment, Schmidt, SpringCamp, and NaverZ. Superblock’s founder, Ben Kim, expressed the company’s commitment to the South Korean market and its aim to establish global partnerships.

Over Protocol: A Solution to Expensive Node MaintenanceCopy

Superblock Raises $8 Million in Funding for Over Protocol in South Korea
  • As layer 1 blockchains have evolved, the costs of bootstrapping and maintaining nodes have risen.
  • Blockchain applications have become difficult to operate without expensive equipment.
  • Over Protocol is a new layer 1 blockchain based on the “Ethanos” protocol.
  • Only active accounts are considered valid, allowing full nodes to discard outdated data and operate with reduced storage requirements.
  • Anyone can run a node and become a validator on their home PC.

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Home Staking: Earn Passive Income with Over ProtocolCopy

Superblock’s founder highlighted the potential for individuals to earn passive income through home staking on Over Protocol. This opens up new payment options, enhances credit, and provides innovative finance opportunities. Running a validator node on Over Protocol allows users to embrace a new lifestyle.

About Superblock and Over ProtocolCopy

Superblock develops products, tools, and decentralized applications for the Over Protocol. Over Protocol is a decentralized layer 1 blockchain that enables lightweight full nodes.

Hot Take: Over Protocol’s Approach to Node MaintenanceCopy

Over Protocol’s focus on reducing the costs and barriers associated with node maintenance is a significant step towards decentralized blockchain operations. By allowing anyone to run a node and become a validator, Over Protocol empowers individuals and opens up new opportunities for passive income. This approach promotes inclusivity and decentralization within the crypto space.

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Superblock Raises $8 Million in Funding for Over Protocol in South Korea