OVR sees itself as a globally emerging metaverse platform that bridges the gap between the virtual and real worlds. The platform is based on augmented reality and the Ethereum blockchain.
OVR wants to bridge the digital-real divide through augmented reality experiences through various smart devices with cameras such as smartphones or VR glasses. As the Metaverse grows, OVR aims to expand the digital space for accessibility, ownership, and investment opportunities.
OVR is specially designed for interaction and content creation. Users can create 3D content, trade with it, and participate in play-to-earn games similar to Pokemon Go. The AR platform wants to promote the attractiveness of its own platform with these financially profitable and interactive experiences for users.
OVR: Division of the world into hexagons
OVR is essentially a 3D digital plane that divides the real world into 1.6 trillion hexagons. The OVR team opted for hexagons rather than the usual squares or triangles, believing that this division was more accurate.
In addition, more digital lands are created – which in turn generates more sales: with OVR tokens, users can purchase and permanently own the corresponding coordinates of a hexagon. Each hexagon measures approximately 300 square meters.
Similar to web domains, purchased contact information is unique and unmistakably belongs to people at OVR. Each property, or OVRLand, is an individual NFT. According to its own statements, the start-up has already auctioned more than half a million digital properties.
OVR is about embedding, owning and monetizing your digital dreamland in a real place
In the next step, OVR wants to extend the real world with real-time AR experiences. A scan in a physical location is meant to bring users into a world with a bespoke AR environment. Real-time virtual events should take place in real concert halls or shopping malls, for example.
The OVR platform aims to be the link between reality and digital. Users interact as realistic avatars that OVR automatically generates based on profile picture.
OVRLand users and owners can also publish and exchange the 3D content they create using OVR Builder, an in-browser 3D editor. “Buy Bran Castle (Dracula’s Castle) -> turn it into a haunted house -> paid entrance -> boom, passive income! », an OVR user describes his strategy.
The play-to-earn principle aims to encourage the willingness of users to participate in the development of the platform. Specifically, OVR offers a “winning map”, in which users go on a treasure hunt and find physical locations for tokens. OVR may use the data to improve its own maps.
Diego Di Tomasso, COO and co-founder of OVR explains that, like the rest of the OVR metaverse, Map-to-Earn is still in development. Geolocation poses some problems because the accuracy of GPS is limited.
OVR app is available in Android store and iOS store. At the end of January 2022, OVR announced the switch to Polygon, which should reduce transaction costs.
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