summary: Ovr (OVR) is the decentralized infrastructure for the spatial web.
content: Ovr is the decentralized infrastructure for the spatial web, merging physical and virtual world through Augmented Reality, creating a new dimension where everything is possible. Overview OVR is a World Scale, open-source, AR platform powered by Ethereum Blockchain. OVR makes it possible for users provided with a mobile device or smart glasses to live interactive augmented reality experiences customized in the real world. OVR is a World Scale, open-source, AR platform powered by Ethereum blockchain. OVR makes it possible for users provided with a mobile device or a smart glass to live interactive augmented reality experiences customized in the real world. OVR can be defined as a new standard in augmented reality where geographical experiences are based on the user's position. OVR uses augmented reality, a technology capable of adding different types of content to the surrounding environment (video, audio, 2D and 3D), creating the illusion that reality and virtuality live together in the same space. OVRLands are parcels stored inside a blockchain-based ledger that make up the digital layer of subdivision of our planet into hexagons. OVRLand token is a freely tradable non-fungible token based on the ERC-721 standard that also allows decentralized possession of digital assets such as OVRLands and OVRExperiences, that superimposed on reality through the eye of a mobile device or a smart glass, give life to augmented reality experiences. The OVR marketplace is decentralized and managed by smart contracts. The main function is to facilitate the intersection between supply and demand for every digital asset that can be traded on the OVR platform. All transactions are handled in OVR tokens and the smart contract ensures decentralized assets exchange. OVRLands The OVR ecosystem is underpinned by a grid of hexagons covering the whole earth’s surface. The hexagons are called OVRLands, have specific geographic positions and a standard dimension of 300 Square Meters. The total number of OVRLands is 1.660.954.464.112. OVRLands can be further divided into 7 hexagons allowing for even more precise localization. OVRlands are not only a reference system used to position AR and VR content, they are also the fundamental digital asset that will enable our community to generate the economic incentives for development and growth. OVR Token The OVR token is a utility token based on the ERC-20 standard, and acts as an exchange medium in the whole OVR ecosystem. The token makes it possible to fully leverage the Ethereum Blockchain and easily integrate with the existing infrastructure (i.e. wallets & exchanges). OVR Token Economics it’s based on the utilization of 2 different kind of tokens, OVRToken and OVRLand. OVRToken is a fungible token (ERC20) that will be distributed during the IBCO and will be the only mean of exchange of value inside the platform. Token Economics All of the economic activity inside OVR will be based on OVRToken exchange funds for the kickstart of the platform and its community will be mainly based on the IBCO and the equity sale. The other form of financing for the first development of the community will be the OVRTokens collected from the OVRLand distribution, such funds will be fully used for Users and OVROwner acquisition. OVR Nodes OVR is based on two main protocols, Ethereum (ETH) and IPFS. While Ethereum is the base layer granting the ownership of OVRLand and the circulation of the hard capped OVRToken, IPFS will allow for decentralized storage of the OVR Experiences. <br