• About Us
  • Contact Us
  • Our Team
  • Editorial Policy
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
No Result
View All Result
The New York Guardian
Friday, August 5, 2022
  • Home
  • Business
  • Entertainment
  • Lifestyle
  • Interviews
The New York Guardian
  • Home
  • Business
  • Entertainment
  • Lifestyle
  • Interviews
No Result
View All Result
The New York Guardian
No Result
View All Result
Home Business

OVR tokenizes the entire surface of the world

A virtual layer that divides Earth into 1.6 trillion hexagons and tokenizes them into unique NFTs

by Staff
November 27, 2020
in Business
0
OVR tokenizes the entire surface of the world
Share on FacebookShare on TwitterShare on Pinterest

OVR has created a tokenized map of the entire surface of the world.

Using its Augmented Reality app it will be possible to assign a virtual land of OVR’s tokenized map to every place in the world.

Simply put, a virtual layer of 1.6 trillion hexagons has been overlaid on the world map.

The world map is the classic two-dimensional map that shows the earth’s surface with land, seas, rivers, mountains, cities, roads, etc., while the virtual map is an overlapping layer consisting of 1.6 trillion hexagons that cover the entire surface of the map.

This virtual layer has been tokenized, as each hexagon is actually a Land OVR, represented by a unique non-fungible token (NFT).

There are therefore 1.6 trillion unique OVR NFTs, each associated with a virtual land represented by a hexagon on the virtual layer of their map.

These NFTs, in ERC-721 format on the Ethereum blockchain, can be freely purchased, stored and exchanged.

Therefore anyone can acquire and hold ownership of one or more OVR land(s) simply by purchasing and holding the relevant NFT.

Each land can contain content, which will be shown by the app in Augmented Reality when standing at a given point on the Earth’s surface, thanks to GPS coordinates.
In this way, OVR’s lands will be associated to the physical world thanks to the position on the map, and users will be able to observe the content included in each land with the app, at any specific point on the earth’s surface.

Each land is unique, and there is only one piece of each NFT.

The lands are identified not only by location but also by a unique name consisting of three English words separated by dots, such as blue.sky.dream, which also determines the domain.
Therefore each point on the Earth’s surface will be accessible within the OVR ecosystem by geographic search, or the name of the relevant land.

NFTs can be purchased with the OVR token, which will be on sale from November 30th, 2020 through an IBCO, a public sale on a DEX where the purchase price varies according to the bonding curve, and tokens are issued only if sold.

Related Posts

Shot Through The Roof - 2021 Top Ranking Real Estate School in US
Business

Shot Through The Roof – 2021 Top Ranking Real Estate School in US

December 27, 2021
Jim Feliciano Empowers Independent Shops to Compete Against Goliaths and Win
Business

Jim Feliciano Empowers Independent Shops to Compete Against Goliaths and Win

December 4, 2021
Gemerald Ltd
Business

Why Gemerald Ltd Is the Number 1 Destination for the Finest Emeralds in the World

November 23, 2021
Sarita Pittman, the Internet Marketing Genius Helping Brands Stand Out Online
Business

Sarita Pittman, the Internet Marketing Genius Helping Brands Stand Out Online

November 1, 2021
Honor, Pride, Respect & Loyalty: Justin J. Allen’s Entrepreneurial Beacons
Business

Honor, Pride, Respect & Loyalty: Justin J. Allen’s Entrepreneurial Beacons

October 28, 2021
LENNY SCHUTZ, JENNY Q. TA & AJ – THE TEAM BEHIND HODL-GALAXE, TRANSFORMING THE NEXT GENERATION OF THE NFT METAVERSE
Business

LENNY SCHUTZ, JENNY Q. TA & AJ – THE TEAM BEHIND HODL-GALAXE, TRANSFORMING THE NEXT GENERATION OF THE NFT METAVERSE

October 27, 2021
Next Post
Erika Schlick Teaches People That Food Is The Best Medicine

Erika Schlick Teaches People That Food Is The Best Medicine

Latest

Being On Trend With Friendly Diamonds

Being On Trend With Friendly Diamonds

July 8, 2022
Madison Little

Madison Little Sends Her Message of Courage and Hope Over TikTok

July 7, 2022
What’s Up Tony?

What’s Up Tony?

June 10, 2022
German Shoemaker Vickermann & Stoya

These Shoes are made for Walking – German Shoemaker Vickermann & Stoya redefines Luxury Step by Step

June 1, 2022
Elevate Concept: The #1 Choice for your Luxury Watch Shopping

Elevate Concept: The #1 Choice for your Luxury Watch Shopping

April 18, 2022

© 2020 The New York Guardian

No Result
View All Result
  • Home
  • Business
  • Entertainment

© 2020 The New York Guardian