Gate.io AMA with OVO-Providing One-Stop NFT Ecosystems and Super Avatars to Metaverse
Time: Mar 17th, 2023, 13:00 UTC
Gate.io hosted an AMA (Ask-Me-Anything) session with Marketing and Community Leader of OVO,Vincent in the Twitter Space.
Official Website: https://www.ovo.space/
Twitter: https://twitter.com/ovo__official
Follow OVO on Discord and Twitter
Guest
Vincent — Marketing and Community Leader of OVO
Q&A from Gate.io
Q1: What is NFT?
Vincent: NFT stands for non-fungible token, which is a unique digital asset that represents ownership of a specific item or piece of content on a blockchain. Unlike fungible tokens like cryptocurrencies, each NFT is one-of-a-kind and cannot be replicated or exchanged for another. NFTs have gained popularity in the art, music, and gaming industries as a way to authenticate and monetize digital creations.
Q2: What is the OVO platform exactly?
Vincent: OVO (ovo.space) is a leading NFT issuance platform in Japan, supporting BSC, ETH, Flow public chain. We are providing one-stop NFT solutions for high-quality content using the latest AR-NFT technology. The platform includes a range of features such as Mystery Box, Auction, Marketplace, Fusion, and NFT-Mining, making it a comprehensive platform for all NFT needs.
Homepage: https://www.ovo.space/
Q3: What is the difference between OVO and other NFT platforms？
Vincent: OVO has several unique features.
Firstly, OVO has a strong focus on Japanese culture and entertainment, making it a popular platform for NFTs based on Japanese anime, manga, and games.
Additionally, OVO’s proprietary DCIM technology allows for a more efficient and sustainable NFT eco. OVO also offers innovative features such as NFT fusion and mining, providing users with more opportunities to engage with the platform.
Finally, OVO has a strong community and user base, which helps to drive interest and demand for its NFTs.
Q4: How about the NFT performance of OVO?
Vincent: Thanks to our unique eco, OVO has sold more than 100,000 pieces of NFTs and the transfers have exceeded 150,000, far more than some hot projects.
One of our collections called Nyathees has sold 74,000 pieces and reached 120,000 on-chain transfers. Also, Nyathees got on Japanese TV program.
Q5: Why are NFTs issued by OVO popular in Japan? Could you explain your NFT eco?
Vincent: Our core team is based in Japan and we dived in Japanese culture. In comparison to other NFT projects, NFT issued by OVO such as Nyathees, has built a unique eco: Mystery Box, Fusion, Picture Book (C2E), etc. These features make NFTs more than just hype or avatars. They are fun and collectible and success of Nyathees is attributed to the complete ecological design and innovative functions, as well as the strong and loyal OVO community.
Q6: What does $OVO token mean to OVO’s eco?
Vincent: The OVO Token, issued by OVO (ovo.space), serves as the platform token and primarily empowers functions within the OVO eco. As the OVO eco expands, the OVO Token will be endowed with more features.
Q7: Could you introduce the utilities of $OVO?
Vincent: There are four main utilities of $OVO:
Governance
OVO token holders can join the OVO Governance DAO and vote, as well as participate in the project incubation process, including driving projects outside of OVO to join the OVO eco.
Decentralized Copyright Protection Protocol (L3)
OVO token will be applied to the DCIM (Dual Copyright Inspection Mechanism) and innovative DAS (Decentralized Authentication s).
Incentivization
OVO token will be used for NFT-Mining rewards and some specific airdrop activities.
Eco
OVO token can be used as a currency within the OVO platform, including but not limited to purchasing MysteryBox and deducting transaction fees. Additionally, OVO token will also be used for some new features planned on the platform.
Q8: What is the supply of $OVO?
Vincent: The total supply is 240,000,000. More details about distribution and vesting are released in our whitepaper
https://ovo-nft-platform.gitbook.io/ovo-platform/v/new-whitepaper/
Q9: What is OVO’s future plan?
Vincent: We have started this project for more than 1 year, our goal is to build this platform in the long-term and provide a comprehensive NFT service in a decentralized way.
Now, we have launched many NFT features based on decentralized smart contracts including MysteryBox, Fusion, PictureBook, Genesis. With the $OVO token release, we will deploy NFT-Mining real soon to boost the eco.
Then we will focus on building utilities for $OVO and empower our eco.
More details in whitepaper: https://ovo-nft-platform.gitbook.io/ovo-platform/v/new-whitepaper/
