💹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.

_{OVRMaps-Related Revenue}

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

_{B2B XR Portal Subscriptions}

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.