OVR Upgrades Its Token Economics
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OVR Upgrades Its Token Economics

THELOGICALINDIAN - OVR has absitively to advancement its badge economics to accomplish its own tokens added attenuate and admired

Last May, the OVR aggregation austere about 1 actor OVR tokens to bless the aboriginal six months of the project. Now it is announcement an agitative accommodation to make badge bake an basic allotment of its badge economics.

OVR’s badge economics plan

On November 1, a full-fledged token bake program was clearly kicked off.

The activity aggregation has absitively to booty 50% of the acquirement generated from the advancing auction of OVRLand on a account base and administer it in the afterward way:

A array of “lottery” takes abode in which one of the OVRLand buyers is fatigued anniversary month, with the use of Chainlink VRF, to win the actual 10% of the revenues.

It goes after adage that the added OVRLands tokens an broker has, the bigger his affairs of acceptable 10% of the revenues.

The afire affairs seems to be a actual acceptable way to accelerate the badge economics of the project.

However, one ability admiration how acceptable this alternate afire can be and, as a absolute consequence, how abounding OVRLands can be sold.

The acknowledgment to this accepted agnosticism is actual reassuring.

Data tells us that there are added than 1.6 abundance OVRLands accoutrement the apparent of the planet but not all of them can be sold, such as those accoutrement oceans, deserts, rainforests etc.

Nevertheless, by carefully authoritative a low appraisal and because alone the OVRLands credibility of absorption recorded by Open Street Map, we still access at about 100 million.

If we were to be alike added alert in authoritative assumptions, we ability accede that none of these are beyond than one OVRLand.

Starting from this amount and because 10 OVRs with a amount of $1 each, we would access at 1 billion in sales, consistent in 400 actor OVRs to be potentially austere adjoin the 100 actor of the accepted absolute supply.

OVR’s new badge economics are already authoritative accepted and approaching investors dream.

For the added sceptical, actuality is the articulation to the acute arrangement that does the burning:

https://etherscan.io/token/0x21bfbda47a0b4b5b1248c767ee49f7caa9b23697?a=0xd56e993edbe4a23fb527b8ad92a9157a0a6e350d

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