MENA Newswire: OVR has been the biggest gas burner on Polygon L2 in the last six days; 776.5k NFTs representing OVRLands were minted to 26.8k owner’s addresses. No more Merkle Proof intermediated ownership for OVRLands. The ownership of OVR platform assets is now completely decentralized and independent from OVR’s company. OVRLand is freely tradable on both OpenSea and the OVRLand Decentralized Marketplace. Currently, OVR has a significantly larger owners community than other Metaverse platforms like Decentraland and Sandbox.
The configuration of the OVR ecosystem is now the following: the ownership layer for OVRLand NFT has fully migrated to Polygon, while the OVR tokens are cross-chained between Ethereum, Polygon, and BSC. Such a configuration maximizes the liquidity for the OVR token while minimizing the gas costs for all of the OVRLand related transactions.
But this is just the beginning; polygon migration and the minting of OVRLand NFTs will allow for a flourishing decentralized economy built on the OVR platform. During this quarter, renting smart contracts and OVRMaps NFT integration will be released, allowing for monetization of the OVRLand layer. Polygon Low gas fees will also enable 3D assets marketplaces, direct-to-avatar sales of digital clothes and skins, micropayments inside experiences, and much more.
OVR is a World Scale, open-source, AR platform powered by Ethereum. OVR makes it possible for users provided with a mobile device or smart glasses to live interactive augmented reality experiences customised in the real world. OVR can be defined as a new standard in augmented reality experiences by placing itself as the first content browser where the user does not choose the contents but the world submits the possible experiences based on its geographical position. OVR adopts the open source philosophy, meaning that the entire OVR community contributes to its growth, thus making the platform independent of its creators.