For those in the cryptocurrency and NFT industry, the term metaverse is thrown around a lot these days.
A metaverse is the accumulation of projects, companies, NFTs, cryptocurrencies, applications, and more, all working together to build a unique experience for users.
Overeality is the decentralized blockchain created to look to the future of fan economies. The blockchain is powered by a fan-driven marketplace where DAOs make decisions when minting original IP NFTs. The Overeality blockchain was created to give users the chance to join different communities and try new tokens based on their interests.
Overeality has just officially launched its curated metaverse and NFT community that brings together people with their new form of social token governed by DAO technology. They are focused on creating a metaverse that is curated, accessible, and controlled by the platform’s userbase. This newly formed community encourages participation and exploration while giving all who participate in the digital economy a voice.
The company has also recently announced the close of their latest private funding round. The funding came from multiple supporters, including a $5 million contribution led by DHVC, a top Silicon Valley-based venture capital firm. The venture capital firm also brings its blockchain leadership to guide the team strategically.
The People-Powered Metaverse and NFT Community
The Overeality platform allows creators to launch their projects to the community. Each token holder is a decision-maker in the governance process and has a voice in choosing what they want to see produced.
The platform provides the opportunity to form diverse NFT cultures within the metaverse. The formation of these NFT cultures will facilitate the production of different digital consumer goods by having projects curated within the community to ensure that only
only the most promising projects are highlighted.
The platform also has community-based tokens that ensure that equity is guaranteed to be sustained over time. They are also focused on accessibility with a powerful portable that is platform-agnostic and interoperable technology for other blockchains. The entire goal of the metaverse and NFT community is to bring people together and ensure that everyone involved is on a level playing field.
Because NFTs are rising in popularity, the price has deterred many from entering the community. Overeality looks to remove the pricey barrier of entry by offering fractional NFT ownership, providing users with the chance to join different communities and utilize new tokens.
The Overeality Blockchain
Overeality’s blockchain is fast and scalable with low gas fees to allow mass-market retail adoptions. The company’s DAC (Decentralized Autonomous Corporation) supports the daily operations of fan communities and large-scale social networks. The company is also building technical infrastructures tailored for the metaverse.