Over is an innovative blockchain-based platform that leverages AR tech to create a virtual world seamlessly integrated with the physical one. This unique concept allows users to buy and sell virtual real estate on a global scale, bridging the gap between the virtual and physical realms. One of the appealing aspect of this project is that its growth is driven by the collective contributions of the entire community in a true decentralized nature, rather than being solely controlled by its creators.
While the concept is undoubtedly intriguing and distinct, it's worth noting that the project's connection to the metaverse brings it big inherent risks. The metaverse is not as popular as it was last year, as evidenced by Over's initial sale of ~850k lands in early 2022 compared to just ~24k lands sold over the past year.
Nevertheless, the project boasts impressive stats, including a user base of 1.16 million registered users and over 600k app downloads. However I would love to have more data on how many of these users + downloads are from 2023 to gauge the platform's current traction and engagement. Show Less
