What is Earth 2?
Earth 2 is a virtual 1:1 scale version of Earth, where real-world geo-locations on a sectioned map correspond to user-generated digital virtual environments. It has a geographically linked digital grid layer that covers the entire planet, so people can claim ownership of virtual land in the form of tiles. Users can buy, sell, and bid on these land tiles.
There are approximately 1.5 trillion uniquely identified land tiles in Earth 2 that span around the whole surface of the planet Earth. Each tile is around 10x10 metres in size. Much like in the real world, the value of each virtual land increases over time based on location, demand, and earning potential.
Since the key approach of Earth 2 is long term sustainability, the team behind the metaverse is rolling out numerous phases that progressively contribute to the final form of Earth 2. During Phase 1, users could start to claim, buy, trade, bid, and analyze land tiles. In Phase 2, virtual land generates different types of resources that are important for economic and building purposes in the metaverse. Users can also deploy holobuildings in their virtual land in Phase 2. In later phases, users will be able to gather and process resources, build houses, adjust landscapes, and rent their property.
History of Earth 2
Earth 2 is developed by a team of professionals with decades of experience in software, game development, real estate, business, virtual reality, augmented reality, property development, and more. The founder and CEO of Earth 2, Shane Isaac, is also the Managing Director of XYZ Social Media, a new-age social media and communications app based in Australia.
The team behind Earth 2 created the platform because they feel there’s a need for a central platform that brings together all key VR, haptic, and similar emerging technologies for people to enjoy and use within a familiar open world. One of their aims is to bring people and technologies together by developing a location-based games and technologies platform that support virtual communities and economies. In other words, the team wanted to create a global digital representation of the earth where people can abide, build, trade, live, interact, and experience.
Ever since its launch in late 2020, Earth 2 has experienced hyper-growth and secured numerous partnerships. Some of their partners include Mapbox, 5CA, Auth0, and Jumio. The platform is planned to become decentralized and convert select in-game digital assets to crypto in the near future. Thus, these assets will be transferred to the blockchain. In late 2021, Earth 2 announced its upcoming integration with Polygon’s commit chain solutions, which will move the platform and community to Web 3.0, enable direct user ownership and control of virtual land, and provide users with a trustless means to accrue real economic value from their participation.
Popular Areas in Earth 2
Some of the most popular countries on Earth 2 with the most tiles sold are South Korea, the United States of America, Italy, Canada, and Germany. In terms of cities, big cities like London, New York, and Dubai are some of the most sought after. However, there are also Megacities located outside of these countries that are popular among users. Megacities are virtual metropoles formed by users by buying land in remote areas in a coordinated manner.
Some Megacities are based around a specific theme, such as theme parks, gambling, western, and even an underwater team. Some cities are made as a tribute to a certain person in real life, while others are specifically made to display creative tile-art made by their users. Some of the most popular Megacities in Earth 2 are as follows:
- Zigurat City, located in Western Sahara.
- Eye of Sahara, located in Mauritania.
- Chavez City, located in Antarctica.
- Hope City, located in Tonga.
- Elysium, located in Jersey.
Types of Property in Earth 2
At the time of writing, Earth 2 only has one type of property that users can buy: land tiles. There are trillions of land tiles that span over the entire planet. Each tile is 10x10 metres in size and generates jewel and essence. In the future, users will be able to customize their tiles however they want. New features will be introduced to allow users to create a 3D landscape and build their own business on their virtual land.
Every land tile has a tier, either tier 1 or tier 2. Tier 1 tiles generate more jewels, tax income, and Essence than tier 2 properties. Tier 1 tiles also come with more benefits than tier 2 tiles, such as boosted Essence production, discoverable resources, full governance, 7.5% referral code bonuses, and many more added bonuses to be released progressively. Additionally, tier 1 tiles will be able to support ads in the future.
Tiles bought after 4 December 2021 are by default tier 2. However, owners can upgrade their tier 2 lands to tier 1 using Essence.
Native Tokens Used in Earth 2
As of January 2022, Earth 2 is yet to have any native token or currency. However, there is a plan to make Essence the currency of Earth 2. Essence is planned to run on blockchain technology, so it will be a new cryptocurrency. Users will be able to earn Essence by simply owning land on Earth 2.
Top 3 Reasons to Invest in Earth 2
- Numerous opportunities to earn real income - There are numerous ways for landowners to monetise their land tiles in the future. For example, landowners can rent out their land for other people to build property, mine resources, set up their own business, create content, or provide ad space. Alternatively, landowners can simply earn income tax.
- Referral System - Earth 2 is among the few metaverses with a referral system. When you buy land on the platform, users can apply another user’s referral code, and both will get 5 to 7.5% credit back. The bonus credit can be withdrawn or used to buy more land tiles.
- Continuous development - The software of Earth 2 works well at its current stage. However, the team continues developing and updating the platform for the better.