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Jafrin Ahmed
Jan 31, 2022
by Jafrin Ahmed

Metaverse Platform OVR Shifts Network to Polygon from Ethereum

OVR Polygon Ethereum
Ethereum-based Metaverse platform OVR (OVR) has successfully completed the first phase of its two-phase migration to Polygon network. The move began in January with the second phase to be deployed in February with the addition of new functionalities and capabilities.

With the first step completed, Merkle Proof and Minting functions have been moved to Polygon and NFTs can now be created at low fees. In addition, the Polygon network payments have been added to the Ethereum and BSC network in the primary market which will drastically reduce its transaction costs while providing higher scalability.

The second phase of the transition will even bring more exciting capabilities such as batch minting of all light minted OVRLands, direct minting of new primary market sales, an Ethereum and Polygon NFT bridge, as well as a fully decentralized secondary market where users can sell their OVRLand NFTs.

For the 24,000 holders who currently own over 700,000 OVRLands, they can either mint all of their OVRLand now on Polygon or wait for the batch minting that will go live in the second phase.  Those who choose to wait will have their OVRLands, which are currently saved as Merkle Proofs on Ethereum, will be minted directly to their wallets on Polygon.

Shifting to Secondary Scaling Solutions

OVR, a project initially built on the Ethereum network, has had to migrate to the Polygon network for its overall growth and provide users with lower transaction or minting costs. Polygon presents as the best choice for OVR given its low transaction costs, its decentralization trade-offs, project vision, and vicinity to the Ethereum network/EVM compatibility.

Ethereum may be the leading smart contracts platform but it’s an overcrowded and oversaturated network due to its high demand. The network’s inability to scale has also resulted in fee issues, which happen to be the highest in the industry.

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OVR OVR Polygon Network OVR Ethereum
Metaverse Platform OVR Shifts Network to Polygon from Ethereum
Jafrin Ahmed
Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

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