bons
Friday, March 29, 2024
7bit top banner
You Are Here: Coinworldstory » Coinworldstory Latest Article » NFT » Over NFT Platform Review : Deep Details Review

Over NFT Platform Review : Deep Details Review

by Cws Team
Published: Last Updated on
A+A-
Reset
Over NFT Platform Review : Deep Details Review

About Over

Over is a World Scale, open-source, AR platform powered by Ethereum Blockchain. They makes it possible for users provided with a mobile device or smart glasses to live interactive augmented reality experiences customized in the real world. They can be defined as a new standard in augmented reality experiences by placing itself as the first content browser where the user does not choose the contents but the world submits the possible experiences based on its geographical position.

Over NFT adopts the open-source philosophy, meaning that the entire Over community contributes to its growth, thus making the platform-independent of its creators. They uses the Ethereum and Polygon blockchain to decentralize all the token exchange dynamics between the users. The token is a utility token based on Ethereum’s smart contract ERC-20 standard. OVRLands are parcels stored inside a blockchain-based ledger that make up the digital layer of subdivision of our planet into hexagons.

Basic Details Of Over NFT Platform

Basic Details
NFT Platform Name Over
Work NFTERC-721
Sold OVRLands854,132
CategoriesCollectibles
Helpcenter Click Here To Visit External Website
Official Website Url Click Here To Visit External Website

What are NFTs?

NFT stands for a non-fungible token, which represents unique, irreplaceable assets that live on the blockchain. In-game assets, digital art, and collectible-related projects are the most prominent NFT use cases today.

NFTs are also generally one of a kind, or at least one of a really limited run, and  have  unique relating laws. “ Constitutionally, NFTs result digital shortage, ” says Arry Yu, speaker of the Washington Technology Industry Association Cascadia Blockchain Council and managing director of Lily-livered Umbrella Fliers.

In contrast, fungible assets have units that are interchangeable with one another, such as bitcoin or the dollar bill.

The Future AR Metaverse is Here

The decentralized digital layer enables OVER users to create never-before-seen geolocalized experiences. Now, it’s your turn to stake a claim. OVER is the decentralized infrastructure for the AR Metaverse, merging the physical and virtual world through Augmented Reality, creating a new dimension where.

Become an NFT Landowner

Stake your claim in the OVER ecosystem by buying, selling, or renting OVRLands. Content creators who contribute to the metaverse can unlock exciting new opportunities to build and launch their own AR experiences.

Jump into the AR Metaverse

All you need to do is create your unique, personal avatar, and you’re ready to join the AR Metaverse! User-generated experiences allow for endless exploration and opportunities to meet new people. Avatars are created using the OVER App, so get yours now.

The Building Blocks of the AR Metaverse

OVER is building the Metaverse and making it accessible for anyone, from anywhere.

OVRLand

OVER divided the world into 300 m2 hexagonal Spatial Domains, mapped 1-to-1 to actual geographic locations. Like web domains, ownership of OVRLands (based on NFT standards) grants control of AR experiences in the defined geo-location.

OVER SDK

Thanks to the SDK, builders can use an expressive tool to connect 3D assets, experiences, and play-to-earn games to the spatial domains defined by OVRLands and mapped with OVRLand Mapping.

OVRLand Mapping

Land mapping allows for precise localization of AR assets to geographic locations, creating a bridge between the physical and virtual AR Metaverse.

Market opportunities

After almost 2 years of research and analysis, we have identified the following pain points that the Over Platform will address:

  • Mobile app ecosystem fragmentation
  • Attention drop in digital ADV
  • Difficulty to monetize digital assets
  • AR as single experiences in a multitude of vertical apps
  • AR as simple marker augmentation with limited use-cases
  • Limited precision in indoor localization based GPS

Over Key Features

Over NFT uses augmented reality, a technology capable of adding different types of content to the surrounding environment (video, audio, 2D and 3D), creating the illusion that reality and virtuality live together in the same space. All this is in real-time and from any device with a camera, such as smartphones and smart glasses. This innovation makes it possible to “trace” the elements present in the real world and add other virtual ones. The union between real and digital generates a unique merged experience.

Over Community

Owner

Who uses OVR token to buy the digital lands (OVRLand) and anchor an AR experience.

Creator

Who creates the 3D digital experiences (OVRExperience).

Miner

Who activates an OVR Node.

User

Who has the AR experiences.

Publisher

Who uses OVR token to publish sponsored AR elements on digital lands (OVRLand).

Staker

Who uses OVR token to stake and vote for IPFS OVRNodes.

OVRLands

The Over NFT ecosystem is underpinned by a grid of hexagons covering the whole earth’s surface. The hexagons are called OVRLands, have specific geographic positions and a standard dimension of 300 Square Meters. The total number of OVRLands is 1.660.954.464.112. OVRLands can be further divided into 7 hexagons allowing for even more precise localization. OVRlands are not only a reference system used to position AR and VR content, they are also the fundamental digital asset that will enable our community to generate the economic incentives for development and growth.

OVRLands will be bought* by Over Owners, their property will be granted by a non-fungible token – ERC-721 standard – recorded on the Polygon L2 blockchain allowing for decentralized and censorship-resistant property rights. Property of OVRLands will ground the economic incentives to generate, distribute and curate high quality AR and VR content. OVRLand is a scarce and unique resource, only the private keys of the Ethereum address owning the OVRLand NFT can control it. In the case of private keys loss, the control on OVRLand would be lost forever

Marketplace

The Over NFT marketplace is decentralized and managed by smart contracts. The main function is to facilitate the intersection between supply and demand for every digital asset that can be traded on the Over platform. All transactions are handled in OVR tokens and the smart contract ensures decentralized assets exchange.

Token Economy

The OVR token is a utility token based on the ERC-20 standard, and acts as an exchange medium in the whole ecosystem. The token makes it possible to fully leverage the Ethereum Blockchain and easily integrate with the existing infrastructure (i.e. wallets & exchanges).

You may also like

coinworldstory logo

Coinworldstory Provide Crypto Review Including – Blockchain , Bitcoin , DEFI All About NFT &, Gaming , Cloud Mining ,Exchange , ICO, Ai , Crypto News All In One Place 

nexo 300x250

All Right Reserved. Designed and Developed by CWS TEAM 

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More