In the previous week, OVR has been the greatest gas burner on Polygon L2, with 778k NFTs representing OVRLands being minted to 26.8k owner’s addresses. Moreover, Merkle Proof intermediated ownership for OVRLands is no longer necessary, as ownership of OVR platform assets is now completely decentralized and independent of the OVR corporation.
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OVRLand may be freely traded on both OpenSea and the OVR Decentralized Marketplace. Currently, OVR is the metaverse platform with the largest owner community, vastly outnumbering metaverse incumbents such as Decentraland (MANA) and The Sandbox (SAND).
Furthermore, the OVR ecosystem will now include the ownership layer for OVRL and NFT, which has been completely moved to Polygon, as well as OVR tokens that are cross-chained across Ethereum, Polygon, and Binance Smart Chain (BSC). This design increases OVR token liquidity while reducing gas fees for all OVRLand-related transactions.
However, this is only the beginning, as Polygon migration and the issuance of OVRL and NFTs will pave the way for a thriving decentralized economy built on the OVR platform. This quarter will thus see the introduction of renting smart contracts and OVRMaps NFT integration, enabling the commercialization of the OVRLand layer. Polygon’s cheap gas fees will additionally enable 3D asset markets, direct-to-avatar sales of digital apparel and skins, micropayments within experiences, and much more in the foreseeable future.
OVR is an AR, NFT, and metaverse platform which extends over the entire planet. It is the metaverse’s decentralized infrastructure, bridging the physical and virtual worlds through augmented reality capabilities. Its decentralized digital layer allows OVR users to successfully generate unique geolocalized experiences. Through OVR, users can stake their claim into the ecosystem via renting, selling and buying OVRLands. Content creators who donate to the metaverse may therefore unlock exciting new opportunities to construct and launch their own distinct AR experiences.
Essentially, OVR aspires to be a global, open-source, AR platform powered by the Ethereum blockchain that offers utility and attractive services and features to its users in a meaningful and profitable manner.
For more information and regular updates, visit the official website – https://www.ovr.ai/
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