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0.15590000USDT
-0.06%
$0.15590000฿0.00000230Volume(24H)$28,091.47
Today
Low:0.15492600
High:0.15626700
Yesterday
Low:0.15540000
High:0.15640000

Market information

Market Cap $7,962,904.74
Global Volume(24H)$79,972.16
All-Time Low$0.02490710
All-Time High$3.3633
Initial Price
ROI
--
Circulating Supply 50,994,674 OVR
Circulation Percentage 56.7277%
Max Supply 89,893,757 OVR
Total Supply 89,893,757 OVR

Price history

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OVR

Project Introduction

OVR is a decentralized spatial network infrastructure. OVR Coin software fuses the physical and virtual worlds together through augmented reality, creating a new dimension where anything is possible.

Project Vision

OVR's vision is to become the world's leading AR experience platform, and it is moving rapidly in that direction.

Market Demand

It's been two years since Cryptokitties exploded in late 2017, the first game to give people an idea that there are other ways to play blockchain, and the magic of NFT. Now, OVR has reawakened the industry to the fact that NFT has other applications beyond art and games. NFT assets are freely transferable, and NFT assets are essentially blockchain assets that do not belong to the developer, but to the user. In this way, NFT assets can be easily transferred and traded without time or space constraints. Because of these attributes, NFT can help games, AR/VR and other applications to achieve product and market fit, thus achieving breakthroughs.

Solution

Seeing such needs and opportunities, OVR, as a practitioner and leader in THE AR field for many years, saw what kind of chemistry blockchain and NFT will bring to AR. Through the uniqueness of NFT, blockchain will confirm rights to every piece of "land" in the digital world CREATED by OVR. The land, in this case, refers to the 1-to-1 digital space created by OVR in the shape of the Earth, which OVR has successfully divided into 1.6 trillion digital Spaces of equal area. These digital Spaces are called "OVR lands", and rights can be confirmed using blockchain technology, similar to real world land ownership.

Project Implementation Mechanism

OVR uses AR technology (commonly referred to as augmented reality). Augmented Reality, or AR for short, is the ability to add different types of content (video, audio, 2D, and 3D) to the surrounding environment, creating the illusion that Reality and the virtual coexist in the same space. All of this is real time and can be accessed from any device with a camera, such as a smartphone and smart glasses. This innovation makes it possible to "track" elements in the real world and add other virtual elements, and the combination of real and digital creates a unique experience. OVR is a globally decentralized augmented reality platform based on Ethereum. It divides the earth into 1.6 trillion pieces of hexagonal land, each 300 square meters in size. Users can develop a wide variety of AR (augmented reality) and VR (virtual reality) applications on these lands. OVR is mainly oriented towards AR applications.

Token Usage Scenarios

1. You can use OVR to buy OVRland with dual purchasing power and enjoy a cash refund policy (up to 95% cash back after locking in for one month). 2. You can use OVR to transact in the marketplace, such as renting OVR Land or paying 3D content creators. 3. You can also buy goods within the app (avatar skins, tickets to special events, bidding at virtual casinos, etc.).

Algorithm

OVR uses the most advanced NLP algorithm (Natural Language Processing) based on BERT.

Characteristic

OVR is a global digital dimension. This layer consists of 1.6 trillion unique hexagons called OVR lands. OVR land can be purchased from the system through auction and then traded or leased in a decentralized manner. Beyond reality OVR landowners will be able to place custom experiences in specific geographic locations, from static 3D experiences to games, live events, ARTIFICIAL intelligence assistants, or anything else they can think of. In the OVR ecosystem, users can make money by buying, selling, or renting OVR land, or simply by pledging OVR tokens, while content creators can make money by building and publishing AR experiences. OVR Nodes All AR and VR assets will be hosted by OVR nodes, a decentralized IPFS network that will make the platform truly unstoppable. The escrow fee generated by the platform will be paid to the OVR node as a reward.

Technical Characteristics

1. OVR uses GPS and computer vision technology, and OVR applications can provide users with location-integrated AR experiences. The land where the real world and the virtual world intersect is unique. In order to mark the location of these hexagons, OVR uses a pattern of three English words, which can be located to the OVR land, such as good.in.world. 2. OVR also uses two techniques to locate targets. One is the use of a graphical "target" that is recognizable to the system. The size, position, and inclination of the "target" provide the correct geographic coordinates for the device. These graphic "targets" are often marked, such as building signs at well-known landmarks, and once uploaded to the system, the application can recognize these images. SIFT/SURF technology is mainly used for identification, which is a computer vision algorithm technology. These techniques provide a tendency towards "target" images. By inputting the "target" image size, the exact distance between the target and the device can be calculated, thus obtaining the relative distance vector. The exact position coordinates of the device can be calculated by entering the geographic location of the image, along with its tilt, into the relative distance vector. With these coordinates, SLAM can anchor content to the desired location with greater precision than GPS alone. 3. OVR content is developed in Unity 3D, it also plans to launch an OVR SDK, You can manage user wallets, preview OVR land Spaces in the editor, manage resource limits provided by OVR client applications, preview desktop OVR content, Avata integration and knowledge management, share experiences, interact with Infura and Oracles database gateways, and more.

Release Mechanism

OVR tokens are based on the ERC-20 standard, and token issuance is managed by DAO under the Aragon framework. Token allocation: Equity Investor: 4.250.000 OVR Private Investor: 3.168.000 OVR Core Team Funding: 26.500.000 OVR Strategic Advisor: 5.950.000 OVR Bounty Program: 1.500.000 OVR Community Awards: 20.000.000 OVR Project Fund: 20.000.000 OVR Emergency reserve: 320.000 OVR

Project Highlights

The unique feature of OVR is its IBCO (Initial Bonding Curve Offer) bond Curve mechanism. Contemporary coins are sold from the Curve, and new OVR tokens will be issued at the same time and the coin price will rise accordingly. When the token is sold back to the curve, the token is destroyed and the price is lower. The bond curve is based on the Bancor liquidity protocol. Theoretically, there is no hard top in the bond curve for token issuance, but in practice, the market will adjust the linear growth of token issuance according to the token cost index. The seller's liquidity on the bond curve is guaranteed by DAO smart contract.

Incentive Mechanism

OVR tokens are a way to incentivize the growth of the OVR platform, rewarding users based on their interactions and added value to the platform. Token rewards will decrease over time as the OVR platform evolves. OVR tokens will be used for a bounty program designed to attract new users and motivate them to engage with the platform. 1. Users who download THE OVR APP at the start of the project will be rewarded with OVR tokens. 2. Users who participate in the interaction of the platform will also receive corresponding OVR tokens.

Competitors

Why is OVR a strong competitor to MANA? 1. Currency price. The simplest one is that the price of OVR coin surpassed the price of MANA coin on March 18th. MANA took more than 3 years to reach 1U, while OVR took less than 4 months. 2. Circulation. Currently, the total amount of OVR is less than 100 million, and the flux is only over 15 million, and the flux of MANA is 1.575 billion. Therefore, the flux of OVR is only 1% of the flux of MANA, which means that OVR will have a very high room for growth. 3. NFT price tag. OVR land auctions are very addictive for users who want to buy more digital land, such as the most expensive OVR land, Charles V's Palace, which has 6,400 OVRs, which is very attractive. 4. Treasure hunting experience. One of the most popular fission tools for OVR users is the OVR Treasure Hunt, which is free. This kind of word-of-mouth fission mechanism is very popular, and the combination of outdoor exploration and AR is particularly dynamic. To sum up, MANA has met a strong competitor in the same sector and type, and an important factor is that OVR has just entered the Chinese market. The number of Chinese players is still very small, and China has the largest number of cryptocurrency users in the world, which means a huge market space waiting to be explored.

Points

OVR is a decentralized AR experience platform. OVR land can be understood as a spatial domain name. Just like publishing any content on a website, you first need to own the network domain name, similarly, you must own a spatial domain name (namely OVR land NFT), to have the right to determine the AR content published in this domain name. Imagine if you owned OVR land in Times Square, New York, and you had the right to control the AR experience (advertising, etc.) that people would see in that prime space. The development of any technology has to go through a cycle, and today, we are just at the turning point of AR, an epoch-making technology. The price of smart phones is no longer so expensive, and the hardware parameters are enough to support AR experience. These factors helped propel the OVR into the air.

KOL

OVR by AR technology platform, allows us to get in the digital space, real physical location block chain and NFT ensures that users of this space (OVR) land ownership and the right to edit, user can in the virtual digital space, social content or field, and also it can be to display or lease to reap the benefits. Just like the world depicted in the movie ready Player One, in the future, the boundary between the real world and the digital world will become increasingly blurred, and AR and VR are bound to replace the current smart phone as the most used technology and equipment in the future. There is no doubt that OVR will play an important role in the exciting world of the future, and even lead the era to come.

Values

In the AR world, a different AR world can be built by incorporating the cryptographic economy system. In the traditional corporate AR world, it is dominated by the company and cannot give full play to the power of the community. By integrating the crypto economy system, OVR can connect OVR landowners, OVR content builders, OVR nodes, OVR users, OVR advertisers, OVR developers, etc., so that all participants can achieve their desired results as long as they make efforts to contribute. On OVR, there are two tokens. One is OVR land and content assets, which are NFT and can be creative. We can see from memes, Decentraland, Axie Infinity, and so on that creativity is infinitely scalable in the NFT world. The DIFFERENCE between THE NFT of OVR world and the above VIRTUAL reality NFT lies in that the OVR world superimposes the virtual world on the basis of the real world to generate a new experience, and the NFT assets generated in this experience have its unique value. With the development of OVR land around the world, there is an opportunity to generate more and more creative NFT, where the possibilities are hidden as long as there is imagination. Moreover, OVR's NFT assets in the world are truly owned by the owner, due to the fact that it is built on a blockchain. Compared with the current centralized AR platform, it is more sustainable in the long run. Of course, this will also promote the current AR platform with technological advantages to transform into a decentralized AR platform. The competition will be more and more fierce in the future. The OVR world will be an iterative one. It may start out as a rudimentary AR experience, but as THE use of OVR's AR technology increases, with more precise targeting, and more imaginative content experiences, it has the opportunity to drive an ecosystem. When the experience is good enough to attract regular users, it will attract merchants. More users and more merchants will attract more content creators and more land buyers, which will add to the economy of the OVR world. From this Angle, the future of the OVR demand scale of the experience of the success or failure depends on the AR and for current OVR, it through the AR technology and encryption mechanism of economic integration to lay the foundation for ecological construction, the OVR world of the future, if there is a rich ecological system, ultimately depends on the whole community of all participants build!

Project Risk

In addition to integrating and iterating on AR technology, OVR also plans to integrate with the crypto economy to provide a foundation for AR platform sustainability. From this point of view, the model is more sustainable in the long term if participants in the subsequent OVR world actively expand, because its success or failure ultimately depends on the community's participation and active building, not just the AR experience built by the project side. Of course, this can take longer to start up early, which is the downside.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1BingX1BingXOVR/USDT
0.15590000
-0.06%$28,091.4717.5646%2024-10-18 08:40:27
2KuCoin2KuCoinOVR/USDT
0.15600000
0%$24,406.3615.2604%2024-10-18 08:40:07
3Gate.io3Gate.ioOVR/USDT
0.15650000
0.77%$7,249.644.5329%2024-10-18 08:40:55
4MEXC4MEXCOVR/USDT
0.15570000
-0.19%$2,136.741.3360%2024-10-18 08:42:02
5BitMart5BitMartOVR/USDT
0.15520000
0.19%$1,585.320.9912%2024-10-18 08:40:03
6CoinEx6CoinExOVR/USDT
0.15715700
0.34%$8,682.555.4289%2024-10-18 08:42:23
7LATOKEN7LATOKENOVR/USDT
0.15640000
0.39%$7,808.244.8822%2024-10-18 08:41:38

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
Gate.ioGate.io$7,249.649.0666%Visit
KuCoinKuCoin$24,406.3630.5231%Visit
MEXCMEXC$2,136.742.6723%Visit
BingXBingX$28,091.4735.1318%Visit
BitMartBitMart$1,585.321.9826%Visit
CoinExCoinEx$8,682.5510.8586%Visit
LATOKENLATOKEN$7,808.249.7651%Visit