OVR is a blockchain-based platform that enables users to develop, experience, and monetize augmented reality (AR) experiences. The network makes use of a cryptocurrency named OVR tokens, which are utilized for platform transactions and incentives. Users on the platform can build AR experiences by uploading 3D models and positioning them in certain locations. These experiences can be anything from simple virtual items to whole virtual worlds that can be explored using a mobile device. Overall, OVR is a creative platform that wants to use the power of blockchain and AR technology to make a unique kind of immersive digital experience.
OVR's founding took place in January 2019, thanks to the efforts of Davide Cuttini and Diego Di Tommaso.
Davide Cuttini is an expert in virtual reality, deep learning, and smart contracts, and he has started and run several businesses. Davide possesses vast expertise in the development of augmented reality and computer vision applications for mobile and embedded systems. He is well-versed in artificial vision, defect detection, and advanced NLP.
Diego Di Tommaso has obtained a degree in Theoretical Philosophy and an MBA in Finance with a specialization in UCLA through SDA Bocconi. Diego has a wealth of knowledge when it comes to managing innovation. He started his career in the fashion industry and advanced through the ranks over a period of ten years, eventually becoming CEO. Since 2014, Diego has been increasingly drawn to blockchain and decentralized consensus mechanics.
OVR addresses a number of issues in augmented reality (AR) and virtual reality (VR), including: Content Ownership: OVR lets content creators claim ownership of their digital assets by using blockchain technology. This lets them make money from their work and keeps them from being used without their permission. Interoperability: The OVR platform uses a universal protocol that makes it easy for different AR/VR apps and environments to work together. Trust and transparency: OVR's use of blockchain technology guarantees that all transactions are public and cannot be altered, giving consumers a high degree of confidence and security. Scalability: OVR's architecture is made to be scalable, so it can handle lots of transactions and support a growing community of AR/VR apps.
OVR Metaverse is built upon a framework consisting of three key layers:
The OVRLand Management Layer: The OVRLand Management Layer assumes responsibility for managing all 1.66 trillion OVRLands in the virtual land. An OVRLand is a 300-square-meter hexagon that matches exactly to a place in the real world. The digital layer of the OVR metaverse matches each square inch on Earth with a corresponding space. These OVRLands can be purchased, leased, or sold by OVR users to serve as their digital residences.
The OVRLand Mapping Layer: The OVRLand Mapping Layer is a crucial component of the ecosystem, as it is used to map real-world locations for inclusion in the virtual world. Users who participate in the community's Map2Earn program and map such a location will be rewarded with NFTs. These NFTs can be bought, utilized, or traded within the OVR Marketplace ecosystem.
The OVR SDK: The OVR SDK, which constitutes the third layer, enables users to connect virtual experiences, assets, personas, and more to their OVRLand properties. It can be accessible in two ways: through a web-based interface that does not require any coding or programming experience, or through the more expressive Unity 3D plugin. When Over SDK and Unity 3D are used together, they make an augmented reality adventure called OVRExperience. OVRExperiences are also tradable on the OVR Market.
Some use cases of OVR are: Gaming: OVR is frequently used by gamers to build and experience immersive virtual reality games. Education and Training: OVR can be used for education and training to simulate real-world situations and make learning more fun. Healthcare: OVR can be used to train medical professionals and simulate surgeries prior to performing them on actual patients. Marketing and Advertising: OVR can be used to create immersive experiences for customers to promote goods or services. Tourism: OVR can be used to design virtual tours of popular tourist locations, allowing visitors to experience them from anywhere in the globe. Sports: OVR can be used to simulate sports training, allowing athletes to practice in a safe, regulated environment.
DATE NEWS/EVENTS IMPACT 25/11/2021 NFT Bunny joins forces with OVR and prepares for the BUN token presale +20% Increase 16/11/2021 SolChicks is hosting their first Treasure Hunt in collaboration with OVR +21% Increase 02/11/2021 Rario introduces Virtual NFT Exhibition on the OVR Metaverse Cricket Stadium +56% Increase
The OVR Metaverse is an exciting new platform that uses augmented reality to provide users with enticing virtual experiences in the real world, effectively removing the line between the two. Ultimately, the AR technology employed by OVR Metaverse has the ability to significantly change the way people interact with technology. As it continues to grow and change, it could give businesses, people, and communities new ways to connect and work together that were previously unimaginable.
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