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Over the Reality, a leading metaverse platform announces token listing on Kucoin and IBCO-enabled burning

By Orbit Brain

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Over the Reality, a leading metaverse platform announces token listing on Kucoin and IBCO-enabled burning

Over the Reality, a leading metaverse platform announces token listing on Kucoin and IBCO-enabled burning

From 2021 until now, the metaverse idea has more and more gained recognition and evidently has no plans of slowing down. Certainly, this recognition may be attributed to completely different metaverse platforms making large strides and driving adoption.

Considered one of them is “Over the fact,” a fast-growing metaverse platform merging bodily and digital actuality by way of augmented actuality. Since its inception, Over the Actuality has been identified for strategic and vital partnerships centered round driving development and constructing a rewarding ecosystem for its neighborhood.

Within the newest information, Over the fact proclaims the itemizing of OVR, its native token, on Kucoin, a number one cryptocurrency trade supporting over 600 cryptocurrency cash. This implies OVR is now listed on 9 exchanges.

To commerce $OVR on KuCoin:

  • Deposit/Withdrawal Community: ERC-20
  • Buying and selling Pair: OVR/USDT.

Whereas speaking in regards to the OVR being listed on KuCoin, Diego Di Tommaso, the “Over the Actuality” co-founder, stated, ” We’re proud to be listed on KuCoin, Tier1 trade ranked within the prime 5 record from CoinMarketCap. One other necessary step for the expansion and accessibility of the OVER platform. Kucoin is without doubt one of the most necessary crypto exchanges worldwide, constantly ranked among the many prime 5 exchanges from CoinMarketCap. With the OVR token itemizing, we’re formally making our first step into the Tier1 exchanges panorama. One other necessary achievement for OVER on the trail to mass adoption, a tremendous onramp to facilitate the onboarding of customers unfamiliar with direct blockchain interplay”.

KuCoin $OVR Itemizing Celebration Contest

Over the Actuality Metaverse along with KuCoin has introduced an upcoming contest to have a good time its native token $OVR itemizing on KuCoin for certified  KuCoin customers. They’ve ready a giveaway marketing campaign containing a reward pool of 29,000 OVR (roughly $40,000) for the aim of this celebration. This marketing campaign is about to run from 10 am April 28, 2022, to 10 am Might 5, 2022 (UTC).

Participation is split into three predominant exercise classes:

Exercise 1: OVR Airdrop for Metaverse Fan, Declare Your Share of the 5,000 OVR on KuCoin

Through the marketing campaign interval, customers who full the next steps shall be certified to assert a 25 OVR airdrop every:

  1. KuCoin customers carried out a minimum of one commerce of any KuCoin Metaverse tasks from 00:00 on April 20, 2022, to 10:00 on Might 5, 2022 (UTC);
  2. ​​Have an OVR/USDT buying and selling quantity (buys + sells) that reaches 150 OVR.

KuCoin will randomly select 200 fortunate customers (from the above-qualified customers) to equally share a 5,000 OVR prize pool. Every fortunate consumer will obtain a 25 OVR reward.

Exercise 2: Buying and selling Competitors, Win a Share of a 16,000 OVR Prize Pool

The highest 20 accounts with the very best buying and selling quantity (buys + sells) of OVR on KuCoin in the course of the competitors interval will win a share of 16,000 OVR.

Be One of many Prime OVR Merchants! Do Not Miss the 16,000 OVR Prize Pool!

The rewards shall be distributed as follows:

RatingRewards
Prime 1 1,700 OVR  (roughly $1,250)
Prime 21,500 OVR
Prime 31,200 OVR
Prime 4-10800 OVR every
Prime 11-20600 OVR every

Exercise 3: Participation Rewards, 8,000 OVR Is Up for Grabs!

The customers who meet the next necessities will share an 8,000 OVR prize pool in proportion to their buying and selling quantity.

  1. Have an OVR buying and selling quantity (buys + sells) that reaches 300 OVR;
  2. Add the OVR/USDT buying and selling pair to their Favorites Checklist.

*The reward for the certified customers = (Every consumer’s complete buying and selling quantity / all certified customers’ complete buying and selling quantity) * 8,000 OVR.

Be aware:

  1. Buying and selling quantity = buys + sells;
  2. The Sub-Accounts and Grasp Account shall be handled as the identical account when taking part within the OVR exercise;
  3. The winners of Exercise 2 is not going to be eligible to obtain the Exercise 1 & Exercise Three rewards; The winners of Exercise 1 is not going to be eligible to obtain the Exercise Three reward;
  4. The ultimate rankings shall be up to date inside 5 working days of the marketing campaign ends;
  5. Rewards shall be distributed inside 7 working days of the marketing campaign ends;
  6. The buying and selling exercise on the platform will bear rigorous inspection in the course of the exercise. For any malicious acts performed in the course of the interval, together with malicious transaction manipulations, unlawful bulk registration of accounts, self-dealing, and so forth., the platform will cancel the qualification of the contributors. KuCoin reserves all rights to train at its sole discretion to outline if the transaction habits is counted as dishonest habits and decide whether or not to cancel the participation qualification of a consumer. The ultimate determination made by KuCoin is with authorized binding drive to all contributors who participated within the competitors. Customers hereby affirm that their registration and use of KuCoin are voluntary and usually are not compelled, interfered with, or influenced by KuCoin in any manner.

Conclusion

The $OVR token is certainly one to look out for. The introduction of IBCO supplies a variable quantity of $OVR  by issuing new tokens in response to cost will increase (when people purchase OVR with DAI on the IBCO) and burns them in response to cost declines (by buying tokens from the market with DAI reserves). Due to this fact, the IBCO’s capability to soak up liquidity is the important thing to accelerated token burn.

From the KuCoin itemizing to the IBCO replace, Over the fact metaverse platform is consistently working to construct a extremely worthwhile ecosystem with out compromising on customers’ expertise.


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