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OVR is a decentralized platform on the Ethereum blockchain that redefines the spatial web by managing virtual geographic locations as NFTs, termed OVRLands. These virtual lands act as AR-supported layers on the physical world, allowing users to engage in creating, hosting, and experiencing AR content. This fosters diverse applications such as AR games, educational tools, advertising, and virtual events. The platform includes a marketplace for AR/VR assets where creators can monetize content, supported by the OVR utility token. Launched in 2020, the token supports 52 active markets with a circulating supply of over 50 million. OVR spearheads the Map2Earn™ program, incentivizing users to generate 3D maps (OVRMaps) and contributing to a robust spatial data network. With over 1.2 million users and advanced AR features like AI avatars and motion capture, OVR is blending digital and physical spaces to innovate social, commercial, and recreational settings.
OVR is a decentralized platform on the Ethereum blockchain that redefines the spatial web by managing virtual geographic locations as NFTs, termed OVRLands. These virtual lands act as AR-supported layers on the physical world, allowing users to engage in creating, hosting, and experiencing AR content. This fosters diverse applications such as AR games, educational tools, advertising, and virtual events. The platform includes a marketplace for AR/VR assets where creators can monetize content, supported by the OVR utility token. Launched in 2020, the token supports 52 active markets with a circulating supply of over 50 million. OVR spearheads the Map2Earn™ program, incentivizing users to generate 3D maps (OVRMaps) and contributing to a robust spatial data network. With over 1.2 million users and advanced AR features like AI avatars and motion capture, OVR is blending digital and physical spaces to innovate social, commercial, and recreational settings.
OVR is a decentralized infrastructure for the spatial web, utilizing the Ethereum blockchain to manage virtual geographic locations. Its primary purpose is to enable users to buy, sell, and rent virtual spaces, known as OVRLands, in the form of NFTs. These lands create a virtual overlay on the real world, allowing users to experience and create augmented reality (AR) content, including games, educational materials, advertisements, and virtual events.
OVR uses blockchain technology to tokenize virtual land as NFTs, ensuring secure ownership and transferability on the Ethereum blockchain. By minting OVRLands as NFTs, users can control and monetize digital content at specific geographic locations. The tokenomic model includes the OVR token, which facilitates transactions and incentivizes participation in the creation of a decentralized AR/VR content ecosystem.
Users in the OVR ecosystem can benefit from owning or trading OVRLands, creating and monetizing AR/VR assets, and engaging with immersive digital experiences. The platform offers opportunities for revenue generation through virtual land sales and AR content hosting. Additionally, participants in the Map2Earn™ program can earn OVR tokens by creating detailed 3D maps, contributing to a comprehensive spatial data network.
OVR stands out in the metaverse space by merging blockchain, NFTs, and AR to build a decentralized platform for spatial computing. Unlike other AR platforms, OVR focuses on ownership and monetization through geolocated NFTs, allowing precise control and distribution of AR content. Its Map2Earn™ initiative encourages community participation, further differentiating it from competitors by creating value through user-generated spatial data.
The Map2Earn™ program is a part of OVR's Decentralized Physical Infrastructure (DePIN) initiative, incentivizing users to create 3D maps of real-world locations. Participants use smartphones to generate these maps and can mint them as NFTs, called OVRMaps. These maps enhance spatial computation capabilities, serving as crucial elements for exploring and localizing environments. Users can sell these NFTs or keep them, contributing to OVR's robust spatial data network.
Common issues in the OVR ecosystem might include difficulties with NFT transactions or accessing AR content. Users should ensure they have a compatible Ethereum wallet and sufficient OVR tokens for transactions. Technical support can be reached through community forums or official channels if users face issues with the OVR app or platform features. Staying updated with OVR's official resources can also provide solutions and operational tips.
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