# Token Economy

### Token Utility

The OVR token is the native utility token of the OVER ecosystem and is essential for various platform functions:

* Rewarding OVR Mappers for creating 3D maps.
* Buying and renting OVRLands (the platform's digital real estate).
* Purchasing OVRMaps and accessing VPS services.
* Powering the buyback and burn mechanism within its DePIN framework to create deflationary pressure.

The official token burn address on Ethereum is:

0xd56E993eDBE4a23Fb527B8Ad92A9157a0A6e350D

### Revenue Flow and Buyback & Burn Mechanism

The OVER platform incorporates a deflationary "Buyback & Burn" model fueled by its primary revenue streams.

#### <sub>OVRMaps-Related Revenue</sub>

A 60% share of revenue from the following sources is used to buy back and burn OVR tokens:

* 3D Maps Data Sales
* VPS API Services
* Vision Foundation Models Licensing

#### <sub>B2B XR Portal Subscriptions</sub>

Revenue from XR Portal subscriptions is distributed as follows:

* Content on Owned OVRLand: 35% of the revenue is distributed to the OVRLand owner, and 30% is used for the token buyback and burn.
* Content on Unowned OVRLand: 60% of the revenue is used for the token buyback and burn.

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