OVR
Crypto Overview
Project Overview
OVR is a decentralized platform for the metaverse and augmented reality (AR) experiences. The OVR token serves as the primary utility token within the OVR ecosystem, used for purchasing and trading virtual land parcels (OVRLands), accessing AR experiences, and governance.
Utility Analysis
The primary utilities of the OVR token include: Purchasing and trading virtual land parcels in the OVR metaverse, Accessing AR experiences and content, Platform governance participation, Payment for services within the ecosystem, Staking for network validation.
Business Model Evaluation
The platform's business model focuses on creating a decentralized AR marketplace where users can buy, sell, and develop virtual spaces mapped to real-world locations. The model appears transparent and does not involve inherently prohibited activities.
Development and Adoption
The project shows consistent development activity with regular updates to their platform and AR technology. They have established partnerships with various organizations and brands for AR experiences. The platform has an active user base utilizing the AR features and trading virtual lands.
Token Distribution
Initial token distribution included allocations for team, development, marketing, and community. Vesting schedules are in place for team tokens. While detailed recent token distribution data is limited, the initial structure showed reasonable distribution practices.
Crypto Impact
To assign a comfort level investing in OVR from a halal perspective we need to determine whether it has a net positive or negative impact.
Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to OVR.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.