Ozone Metaverse is the engine to power the creation of the metaverse. By using XR interfaces (VR+AR) Ozone Metaverse has the opportunity to provide a fun and immersive 3D interface both in the fully virtual world, but to also bring aspects of these virtual worlds into the physical realm using Augmented Reality.
$OZONE has a number of key features. The primary utility of the token is:
- For use as a currency, to purchase Land Parcels, accessories and other assets in the Ozone Marketplace
- It can be staked, on its own or alongside Land you own in order to receive yield and other rewards, and to develop a Land Parcel’s features
- Users who wish to rent or lease their Land Parcels (or parts of them) to others can receive payments in $OZONE
- It is the method by which tax payments are made to Districts in order to maintain a Land Parcel
- It has some governance functions relating to Districts and Land Parcels (which are described below in the next section)
- Staking the token will also unlock new design capabilities and features in Ozone Studio, enabling users to create ever more advanced spaces and experiences
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