Own Your World, Create Your Experience With OVRLand

Non-fungible tokens (NFTs) are ripe for the taking! With about $100 million NFTs sold according to nonfungible.com, we might just see a major breakthrough in the market as earlier than expected. The market for NFTs although still young has been projected to reach the trillion dollar threshold in a matter of time.

Statistics of  the overall market for NFTs as compiled by nonfungible.com puts the Total Lifetime Trade Volume at $96,186,581.56 USD (June 5, 2020). This I believe is just a tiny little tip of the iceberg. As a result, various NFT projects categorized from collectibles, game assets, virtual world, digital art and others are lining up to take their share in the future trillion dollar market.

Interestingly, amongst these categorizations of NFTs, what strikes me most is that of the virtual world. The virtual world is someplace with great potential and yet largely untapped, and I believe in these past months, we have seen how much of its importance in our lives. Thanks to virtual reality, we could still attend concerts, music festivals, and even work activities in spite of the pandemic! 

Perhaps, just like Ray Kurzweil predicts, in a matter of years, physical workplaces will be a thing of the past, replaced by virtual ones. OVR is about to prove Kurzweil right and even more with the launch of OVRLand.

OVR’s GRAND ENTRANCE INTO NFT

OVR, an augmented reality platform built on ethereum blockchain understands how instrumental NFTs are to the growth of virtual lands, thus the birth of OVRLand- a non-fungible token (ERC-721) that represents the ownership of virtual lands.

The benefits of owning a virtual land ranges from being able to rent it to publishers or advertisers who wish to advertise their products or publish their content on it, connect AR and VR content (like a virtual house, digital art gallery, or game) for a more immersive experience, and many more. Also, talk about real estate, healthcare, and tourism, you can let your imaginations run wild in the augmented reality world that OVR provides.

Owning OVRLand automatically makes you the sole owner of a digital space and we’re looking forward to releasing a builder in 2021 that will give everyone access to create your personalized content. Every user is required to have the OVR App to be able to access the AR and VR content published on your digital space. Then there is also the treasure hunt game on the OVR App that allows you earn tokens while engaging in 3D immersive and interactive AR experiences.

True to its objective, OVR recently launched the OVRLand auction to enable users bid for virtual lands with as little as $10 per OVRLand, and IBCO which provides users the opportunity to purchase OVR tokens starting from 0.07 DAI. Currently about 1,000 lands have been minted from the ongoing land auction with a lot more in sight.

To participate in the land auction:

• Visit: https://marketplace.ovr.ai/map/discover
• Connect your ETH wallet
• Then you can place your bids.

Note: Only OVR tokens will be used for bidding.

OVR is already making its mark in the market for NFTs with the launch of OVRLand- a digital space where everything is possible. And since it’s a community-centric platform, OVR wants you to share in this future trillion dollar market by taking the first step of owning your own virtual land by participating in the ongoing land auction.

You can check our whitepaper for more details.