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The Things You Should Know About OVR IBCO

The Things You Should Know About OVR IBCO

2020-11-23

It’s been a very busy past few weeks at OVR — the augmented reality platform for unique experiences based on blockchain!

Next week, we are excited to be launching the public sale for OVR tokens, based on a new Initial Bonding Curve Offering (IBCO) model that we believe will be very attractive to investors since it offers several benefits over traditional token fund raises:

  1. You have a fair price model, where price automatically goes up with demand, and conversely, price goes down as demand decreases. This way, you are always able to buy at a price determined fairly by the natural market, protected from dumping and manipulation.
  2. You are guaranteed liquidity, meaning you can always sell back your tokens at any volume, so you never need to worry about looking for markets or be vulnerable to thin orderbooks.

For more information on the IBCO model, and why we believe this is going to be the new model for fair token fundraising, you can read our featured post on Hackernoon here or head over to our OVR blog for past articles explaining this concept.

Of course, we have been hard at work on all this while, further developing our OVR app. We frequently add new features and updates and have been doing so over the past two years. With our APP, you can access a variety of features including a Marketplace, an experience or event feature, world exploration and treasure hunt, and even an AI-powered virtual assistant. If you haven’t downloaded it yet, feel free to get in on the action with our app available for iOS and Android.