OVRLands Mints 778K NFTs on Polygon

Share This Post

OVRLands achieved another significant milestone yet again.

OVR has made this mark by minting NFTs more than 778K in less than six days. And as a result, OVRLands (a non-fungible token) is now the most active and most giant gas burner on the polygon. As you read this, the ownership of OVRLand now has the largest community. Unlike Decentraland and Sandbox (the metaverse incumbents), the community is so much extensive.

As per the team, OVRLands is now the NFT with the most active community in the entire metaverse.

What exactly are NFTs? An NFT is a digital asset on blockchain technology with a signature attached to it. Basically, these tokens are digital items that you can own and fully control as you desire.

To identify any NFT, they all have a unique digital identifier that you can’t substitute, copy or subdivide. Together with the immutability of blockchain technology, these characteristics make these tokens extremely valuable for both ownership and certification of authenticity.

On the other hand, OVR is AR metaverse’s decentralized structure. It integrates the digital world and the physical space to create an incredible user experience with endless possibilities.

The OVR metaverse is estimated to hold more than I.6 million OVRlands. An OVRland in the OVR metaverse is hexagonally shaped, measuring about 300 sq. meters. However, this is given the contact points between the hexagons are lateral and have a similar distance from the center.

With OVR migrating to the Polygon network, users can now make payments with so much ease. Additionally, this migration also means the successful transfer of minting functions and Merkle Proof to Polygon Network from Ethereum. Thus it means OVR users can successfully mint OVRLands on Polygon networks for a few bucks.

Surprisingly, by adding the payment of the polygon network to Ethereum and the BSC payment scheme, there’s a reduction in the OVRLands’ minting cost. And as a result, the cost of transactions reduces significantly.

Besides, the secondary market continues to keep improving after its complete migration. The users can enjoy some exceptional benefits on it like:

  • Batch minting all light-minted OVRLands.
  • The bridging of NFT to polygon from Ethereum.
  • The opportunity of generating a personal custody wallet if the user registered without one.
  • Ability to directly mint NFT of the sales in the new primary market.

Much more benefits are on the cards. And to know more about them, make sure you stay tuned.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Industry Stakeholders Cautious as Argentina Drafts New Crypto Regulations

Cryptocurrency industry members in Argentina expressed their opinions regarding a new draft that proposes restrictions on the operation of crypto institutions in the country If the draft is approved,

Ethereum Accumulation Rises As 70% Holders Are In Profit: What It Means For ETH Price?

According to an analysis from on-chain analytics firm CryptoQuant, the total Ethereum (ETH) amount in accumulation wallets has surged to over 19 million Ethereum Accumulation Continues To Surge The

Ethereum Price Dips Again: Will Bulls Step In to Protect the Trend?

Ethereum price struggled to continue higher above the $2,750 resistance ETH started a downside correction and traded below the $2,680 support Ethereum started a downside correction below the $2,680

Putin Blasts US Sanctions, Reveals 95% of Russian Trade Now Dollar-Free

Russian President Vladimir Putin criticized US sanctions, noting that they are driving global economies away from the US dollar and leading to a gradual decline in its use for international trade and

Bitcoin Accumulation Hits 2.9 Million BTC: Has the Preparation For A Massive Rally Begun?

CryptoQuant analyst Burak Kesmeci’s recent report revealed a significant notable rise in Bitcoin accumulation addresses, which now surpasses 29 million BTC These addresses have steadily

Metaplanet Inc. Plans Major Bitcoin Expansion with $6.6M Stock Sale!

The post Metaplanet Inc Plans Major Bitcoin Expansion with $66M Stock Sale! appeared first on Coinpedia Fintech News Metaplanet Inc (Tokyo: 3350), a company focusing on hotel asset management and