Skip to main content

OVR Land Map: The Biggest Detailed 3D Map of the Real World With NFTs

OVR AR Metaverse goes to a whole other level. Italian company OVR is announcing today the creation of the so-called OVR Land Map.

OVR Land Mapping: the metaverse to another level

Thanks to the powers of AI, in fact, OVR is able to generate a 3D map of the physical world starting from simple pictures, no lidar or other expensive HW needed, just the smartphone in your pocket. All of the OVR users will be able to contribute to creating the biggest detailed 3D map of the real world.

This revolutionary technology of open mapping system will bring the OVR AR Metaverse to a whole other level: currently, when geolocalization an AR asset in an OVRLand there’s the limitation of the GPS accuracy that has meters of error outdoor while is totally unreliable indoor, a scanned OVRLand will have a localization precision up to ì0 cm.

A new AR experience

That opens up a whole new realm of opportunities in creating AR experiences that before were not technically feasible: localizing experiences on a specific wall or a statue outdoors, precisely superimposing AR to existing buildings, geolocating assets indoor and on multiple floors, to name a few… No other platform, nor in the blockchain, nor the traditional world, can currently achieve this.

But this is not only about AR precision and creating a wider bridge between the physical and the digital world; this is also about creating new economies on OVR.

For example, Axie Infinity demonstrated what the potential of play-to-earn is. It enabled a crowd of players to earn a living in the Metaverse, also creating social inclusion between some of the poorer populations on the planet.

OVR, with its technology, will unleash the potential of Map to Earn, so the company will enable a crowd of OVRLand Scanners to earn OVR tokens by simply scanning physical locations with the smartphone they have in their pockets.

An amazing infrastructure

The company foresees this activity to be subsidized by OVR with a part of the revenues from OVRLand sales, by OVRLand owners that will decide to make their OVRLands even more valuable and usable by adding the 3D mapping and finally institutions that will harness the OVR platform to populate the Public Utility Layer of their territories.

In the last year, treasure hunters physically went to over one million locations to collect the tokens, which would be already 300.000 mapped sq Km!

And that’s not all, another important question is what parts of the world should be mapped?

OVR has an answer to this question, OVRLand buyers generated a “Wisdom of the Crowds” based map, 6k+ investors voting with their wealth on the most important locations in the world.

Davide Cuttini, CEO of OVR, talks about the future of AR Metaverses:

“When I imagine a world where reality and virtuality are fused, where thanks to small contact lenses I can’t distinguish real and unreal projections, the crowdsourced 3D world scanning is the fundamental brick to create an amazing new infrastructure. Without the complete understanding of the real world through AI models available from commodity devices, no AR platforms will see a real adoption. I think that OVR is in the right direction to democratize access to this amazing new way to live our lives!”.


This is a sponsored post. Learn how to reach our audience here. Read disclaimer below.



from Bitcoin News https://ift.tt/3muFWqS

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

International Crypto Exchange Luno Adds Bitcoin Cash Trading

Luno exchange has added bitcoin cash trading to the platform following feedback from its client base. BCH is now only the third cryptocurrency available for trading on the exchange, in addition to BTC and ETH , but more options could be on the way once Luno determines that they are credible enough. Also Read: Bitflyer Adds Bitcoin Cash Trading Across Europe and the US Luno Adds Bitcoin Cash Trading Luno, the London-headquartered company formerly known as Bitx, recently announced that bitcoin cash was made available on its cryptocurrency exchange. Starting from Monday, September 23, customers at Luno are now able to store, buy and sell BCH on the platform. The reason given for adding BCH to the exchange is feedback from users in developing markets that convinced Luno to expand their offering from previously just BTC and ETH . Marcus Swanepoel, CEO of Luno, said , “We are in a new and exciting financial era. Developing economies are leading the large-scale adoption and appli...

DefiDollar Listing on AscendEX

PRESS RELEASE. AscendEX, formerly BitMax, an industry-leading digital asset trading platform built by Wall Street quant trading veterans, has announced the listing of the DefiDollar Token (DFD) under the pair USDT/DFD on Apr 29 at 1:00 p.m. UTC. DefiDollar is a DeFi lab that aims to bring mass adoption to DeFi with a wide-ranging product suite. The first product offering to go live will be the stablecoin index – DUSD, with ibBTC and optionCoin currently in development. DefiDollar (DUSD) aspires to be a risk-insured stablecoin layer for DeFi. It is designed to provide a safe and stable way for users to hold their assets with DUSD being optimized for peg safety, yield, and diversification. DefiDollar uses DeFi primitives to stay close to the dollar mark. DUSD provides an avenue for diversifying stablecoin holdings to hedge against an event where the underlying stablecoins like Tether or DAI deviate from their peg. DUSD is collateralized by Curve Finance LP tokens. DFD is the n...