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
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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.
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.
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.
Land mapping allows for precise localization of AR assets to geographic locations, creating a bridge between the physical and virtual AR Metaverse.
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.
Who uses OVR token to buy the digital lands (OVRLand) and anchor an AR experience.
Who creates the 3D digital experiences (OVRExperience).
Who activates an OVR Node.
Who has the AR experiences.
Who uses OVR token to publish sponsored AR elements on digital lands (OVRLand).
Who uses OVR token to stake and vote for IPFS OVRNodes.
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
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.
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).