Ovr Coin (OVR) Price, Charts, Market Capitalization

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Ovr Coin (OVR) Graphics

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What is Ovr Coin (OVR)

OVR is a stage for geolocalized AR and VR encounters dependent on Ethereum blockchain. OVR takes into consideration making facilitating and envisioning on versatile geo-found AR and VR substance. AR/VR resources are associated with geographic areas says thanks to NFTs (ERC-721 norm). The world has been partitioned in 1.6 trillion hexagons, every last one of those designated with a combiantion of 3 english words. Every hexagon (OVRLand) addresses extraordinary geographic area and the proprietor of the OVRLand can conclude what AR/VR experience will be envisioned on that area.

Covered use cases are: gaming, live occasions, virtual retail, symbols, the travel industry and some more.. AR/VR resources are facilitated on IPFS making the stage relentless. OVR project additionally has a fungible token (ERC-20) OVR Token utilized for administration and trade of significant worth on the stage. OVR Token emanation is constrained by an IBCO constrained by DAO under the Aragon system.

Launched in November 2020, Ovr Coin (OVR) is the native token of the OVR platform, a world-scale, open-source, augmented reality (AR) platform powered by the Ethereum blockchain. The platform allows for overlaying interactive, customizable, and monetizable AR experiences on real-world locations.

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The Purpose of Ovr Coin (OVR)

The OVR project aims to build a decentralized platform for the spatial web, allowing users and organizations to create and host AR/VR content in correspondence with real-world geographic coordinates. This is achieved through the OVR Lands, which are parcels of virtual lands mapped to real-world geographic locations.

The OVR coin serves as the primary utility token on the platform, and it’s used for various functionalities, including buying and selling OVR Lands, participating in governance decisions, accessing AR/VR content, and more.

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The Technology Underpinning OVR

OVR leverages Ethereum’s smart contract capabilities to manage the ownership and transactions of virtual land (OVR Lands). Each OVR Land corresponds to a specific geographic location in the real world. The ownership of these lands is represented by non-fungible tokens (NFTs), which are unique and stored on the blockchain.

The platform uses a hexagonal grid system to map the Earth’s surface, with each hexagon representing a parcel of OVR Land. The AR/VR content displayed on each land parcel can be customized by the owner of that specific parcel.

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The OVR Token and Market Value

The OVR token is used for transactions within the OVR ecosystem. These transactions include buying and selling OVR Lands and accessing premium AR/VR content. As such, the market value of OVR is dependent on the demand for these services, as well as general market sentiment and the overall growth and development of the OVR platform.

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Pros and Cons of Ovr Coin (OVR)

Advantages

1. AR/VR Integration: OVR combines AR/VR technology with blockchain, creating a novel application of blockchain technology in the burgeoning AR/VR space.
2. Ownership of Virtual Land: The platform allows users to own and monetize virtual land that corresponds to real-world locations.
3. Interoperability: The use of NFTs and Ethereum blockchain ensures the interoperability of OVR Lands with other Ethereum-based platforms and applications.

Disadvantages

1. Adoption Barriers: The complex interplay of AR/VR and blockchain could pose adoption barriers for less tech-savvy users.
2. Dependence on AR/VR Growth: The success of OVR is strongly linked to the growth and adoption of AR/VR technology, which is still in its early stages of development.
3. Regulatory Uncertainty: As with many blockchain projects, potential regulatory changes could impact the project’s growth and success.

In conclusion, OVR represents a pioneering effort to combine the worlds of AR/VR and blockchain. While the project offers a compelling vision for the future of the spatial web, it also faces notable challenges, including technological hurdles and regulatory uncertainty. Nevertheless, the project’s innovative approach and ambitious vision make it a standout project in the blockchain and AR/VR space.

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How Does OVR Coin Work?

Users can access the OVR app and participate in AR experiences tied to physical coordinates. Developers and artists can create AR content that overlays the real world, which is then monetized through OVR Coin. These experiences range from interactive advertisements to virtual art exhibitions and AR concerts.

OVRLands, the virtual real estate of the platform, are sold via auctions and can be customized by their owners. Owners can host events or content that users interact with, generating income in the form of OVR tokens.

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Use Cases of OVR Coin

1. Virtual Real Estate Investment – Buy and sell OVRLands as NFT-based digital assets.
2. Advertising – Brands can create geolocated AR ads using OVR Coin.
3. Gaming and Entertainment – Developers can build AR games where players earn OVR tokens.
4. Art and Culture – Artists can display their digital art in real-world locations using AR layers.
5. Education and Training – Create interactive learning environments using augmented reality.

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OVR Tokenomics

• Token Symbol: OVR
• Blockchain: Ethereum (ERC-20 standard)
• Total Supply: 1,600,000,000 OVR
• Circulating Supply: Varies (Check real-time data on CoinGecko or CoinMarketCap)
• Utility: Payments, staking, governance, and rewards

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Where to Buy OVR Coin?

OVR Coin is available on several major cryptocurrency exchanges, including:

• Uniswap (V2 & V3)
• Gate.io
• KuCoin
• BitMart

Always check for up-to-date listings and use decentralized exchanges (DEXs) for greater control.

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OVR vs Other Metaverse Coins

While OVR Coin shares similarities with other metaverse projects like Decentraland (MANA) or The Sandbox (SAND), it focuses heavily on real-world integration via AR rather than just virtual worlds. This makes it unique and opens up more real-world utility.

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Future of OVR Coin

With the growing adoption of AR glasses, 5G, and Web3 technologies, the OVR ecosystem is well-positioned for mass adoption. As brands look for immersive marketing channels and users demand decentralized control, OVR Coin could become a major player in the AR-powered metaverse.

OVR Coin (OVR) is more than just a cryptocurrency—it’s a gateway to a next-generation augmented reality experience powered by blockchain. With its combination of decentralization, AR innovation, and real-world utility, OVR is a project to watch in the coming years.

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About Ovr Coin (OVR)

Information Type	Details
Symbol	OVR
Network	Ethereum
Website	https://www.ovr.ai/
Explorers	Etherscan
Community Platforms	Twitter, Telegram
Search On	CoinGecko, CoinMarketCap
API ID	ovr
Categories	Metaverse

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1 Ovr Coin to USDC (1 OVR to USD//Coin) Exchange Calculator