• OVR tokenizes AR earth
    Technology

    Blockchain startup tokenizes the real world for augmented reality real estate

    In a nod to Neal Stephenson’s “Snow Crash,” OVR plans to allow the owners of its digital land plots to place augmented reality experiences on their “real” estate

    OVR divided the entire surface of the earth into 1.6 trillion hexagons measuring 300 square meters each and assigned a non-fungible token (NFT) to each one. The NFTs—hosted on the Ethereum blockchain—are meant to represent ownership of each hexagon of digital space, and give owners virtual rights over that area.