OVR is partnering with BlackPool to add Augmented Reality (AR) and Virtual Reality (VR) to their ERC-721 NFTs at OVRLands.
According to reports, the popular digital world of Non-Fungible Token OVRLands would now have the opportunity to offer new experiences that leave room for every type of imagination.
Now, thanks to the entry of BlackPool, a decentralized autonomous organization (DAO) designed exclusively for NFT gaming and trading, augmented and virtual reality are set to add experiences to the NFT world.
OVRLands are ERC-721 NFTs that represent one of the 1.6 trillion unique hexagons in this digital world played by OVR. Owners can create their own virtual worlds in these virtual lands and add content like on websites that can be viewed in the OVR app (available on Android and iOS).
With BlackPool’s entry into the OVR Metaverse, it is also revealed that the DAO would also have acquired the NFT Eiffel Tower from OVRLands. On May 3, AKA Cambebert’s 60 OVRLands package, defined as the NFT Eiffel Tower, was sold on OpenSea for 38.6 ETH (equivalent to USD 106,960).
BlackPool comments on its participation:
“We at BlackPool must and will stand for such a visionary project with a real soul and unshakable ambition. We will now support you in your search and build the most exciting experiences at the Eiffel Tower, present the ambitions and visions of BlackPool and create added value for The Troop. […] Be there on the day when you can jump from the top of the tower, slackline over Paris or take part in the degen party on the Champs de Mars … and much more, as we can create an infinite number of types of interaction logic at the OVR Metavers ” .
OVR and BlackPool: NFTs and the DAO structure
Another association that results from this OVR and BlackPool collaboration is the entry of a DAO structure that works with the digital layer of the OVRLands-NFTs.
As defined by BlackPool itself, its DAO structure appears to liken to a quantitative NFT hedge fund driven by smart contracts and controlled by people.
In essence, BlackPool’s DAO enables people to contribute to ETH and use that to invest in NFT assets across many vertical sectors with the aim of creating value for xBPT holders.
BPT would be BlackPool’s ERC-20 governance token, which enables decentralization in decisions related to the platform. On the other hand, xBPT would be the staking value of BPT, i.e. the equivalent of what is obtained by staking BPT.
While BlackPool will raise the bar for NFT OVRLands, OVR is expanding independently into the world of augmented and virtual reality.
In fact, in early July, OVR announced that it had updated its augmented reality chat app. The new face-to-face AR chats allow users to talk to friends within the OVR app by using avatars to interact.