What Is OVR Token Metaverse Platform?

3 min read
OVR Token Metaverse Platform

What Is OVR token metaverse platform? OVR is a real-life experience as seen through a digital virtual or augmented reality lens. OVR allows you to use virtual and augmented reality to explore a metaverse they digitally mapped onto the real world. You can collect crypto worth real money, buy virtual land, earn passive income through rent, create unique experiences on your land that people can explore using augmented reality, sell your land, or exchange it for crypto.

OVR allows endless possibilities by customizing the real world with digital items.

Key Takeaways

  • OVR allows you to explore Virtual and Augmented Reality mapped onto the real world and collect cryptocurrency worth real money.
  • You can also buy virtual land in OVR and earn passive income through rent.
  • Players can use their land to build experiences in Augmented Reality to also earn cryptocurrency.

What Is OVR Token Metaverse Platform?

OVR is a platform that combines Augmented and Virtual Reality for buying virtual land (OVRLands) that’s mapped onto the real world. “Virtual landlords” can then create unique experiences inside the space they own. Creators also have the option of engaging with other users through their content or even selling it in exchange for cryptocurrency. 

Real Life Experiences Through Virtual and Augmented Reality Digital Lens

OVR allows content producers, fans, and everyday users to interact with each other from the comfort of their phones, a tool that is ideal for bringing the digital and the real worlds together.

OVR is often compared to Pokemon Go in a way that users can compete for collecting digital world items in real life. You’re tasked with using your GPS and a few clues to catch a Pokemon or find a hidden cache. Except in OVR, each treasure someone finds is worth anywhere from $0.10 and $5 in OVR’s cryptocurrency. 

OVR Token and Buying OVR Land

The platform’s own cryptocurrency is the OVR token, which is what users depend on to buy, rent or sell assets on OVRLands. Token holders can also earn passive income by staking, a way of putting their coins to work and earning passive rewards without needing to sell them (similar to holding a bond in the traditional financial world.)    

When it comes to virtual land ownership, the process of buying plots of land on OVR is similar to owning a web domain. Anyone can own a digital piece of land right where the Colosseum or the Eiffel Tower are sitting in the physical world. 

And if your artistic taste suggests that there should be a pink elephant flying next to the Eiffel Tower, why not do it? With OVR anyone can witness the extent of your creativity from the palm of their hands. Who knows? You might get paid for it.

Integrating digital elements into a physical environment is something that can also become handy for businesses and advertisers. Think of an avatar that provides information about a product in a store, or a virtual button hanging in the air that lets travelers buy a train ticket.

OVR has created a digital layer over the physical world, otherwise known as OVRLands

But there’s even more to treasure hunting, being a digital landlord, or becoming the latest Jean-Michel Basquiat on OVR. If you have the technical skillset, as a developer you can also earn income by building Play-to-Earn games and inviting other users to participate.

OVR Map to Earn

One of the coolest features of the app is Map to Earn. Here, nontechnical users can help in building the virtual landscape by taking pics of real-world physical elements. The pictures will then be part of a 3D map that can be sold in the form of NFTs.

OVR launched in 2019 and has sold 650,000 virtual lands to more than 15,000 users. In comparison, Sandbox has 17,000 owners of land. Users have already uploaded more than 6,000 experiences that can be tested live in the OVR Augmented Reality world. 

OVR on Ethereum

The application runs on Ethereum, the largest smart-application blockchain in the industry, and recently expanded to Polygon, a similar but cheaper to use network.

To learn more about OVRLands, how to build your own AR experiences, and ways to earn passive income, visit OVR’s website. And for those who want to start getting their feet wet, the OVR phone application is available for download on Apple iOS and Google Play.

OVR Token Address

The OVR token address is: Contract 0x21BfBDa47A0B4B5b1248c767Ee49F7caA9B23697

You might also be interested in this platform as well: CEEK VR. This uses virtual and augmented reality to allow you to go to concerts and sporting events, interact with musicians and athletes, buy land and do your own thing, and so much more! Check it out.

The original article can be found here.

Disclaimer: Although the material contained in this website was prepared based on information from public and private sources that GameFiRising believes to be reliable, no representation, warranty, or undertaking, stated or implied, is given as to the accuracy of the information contained herein, and GameFiRising expressly disclaims any liability for the accuracy and completeness of the information contained in this website.  Additionally, the information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party, and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high-risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.