How can this be achieved?
OVR operates on a tokenized ecosystem which utilizes two different kinds of tokens, OVR token and OVRLand. Now, OVRLand is a non-fungible token (ERC-721) that represents the ownership of virtual lands.
Apart from the OVR ecosystem, there’s also the OVR marketplace where you can create your OVRExperience, interact and pay OVRCreators to build an OVRExperience for you. You can also interact with advertisers to rent out your virtual land in order to earn OVR tokens.
OVRLands will be purchased with OVR tokens and other cryptocurrencies. An auction of OVRLands is expected at the end of the month of May. Get prepared to be among the early birds of this smart opportunity.
For more clarity, let’s explain further….
As mentioned earlier, OVRLand represents ownership of virtual lands, which is an important component of AR. It creates a digital platform that allows users’ imagination to run wild, creating an environment that projects what they want to actualize.
For example, if a buyer is looking to fit-in furniture into a sitting room space, augmented reality can help the buyer to create a digital sitting room space where the furniture he wishes to purchase can be perfectly fitted in. This digital space (sitting room) is what is referred to as a virtual land.
Thus, ownership of OVRLands, equals ownership of virtual lands
Now that you are familiar with the value virtual lands hold in augmented reality, you may be wondering what you stand to gain holding OVRLand. Here are the ways you can earn from holding OVRLand.