People are Buying Virtual Land on a Digital Replica of Earth and it’s Going Viral… But Will It Become The Next Bitcoin?

 

 

What is Earth 2?

Earth 2 is the platform for an upcoming augmented reality and virtual reality game which has created a unique opportunity for users via virtual property ownership. Earth 2 is a virtual version of planet earth, a 1:1 digital replica split into 5.1 trillion land 'tiles' each measuring 10x10 meters. The tiles can currently be bought and sold for profit and in the next phase, those who own virtual land will be able to mine resources, rent properties, earn income taxes, and even earn cash from advertisements on their land. In other words, passive income will be a likely possibility for anyone who owns land in Phase 2 and Phase 3 - the same way a landlord who owns property in real life does. However, users are investing in land now, since the price per tile is rapidly increasing. We’ll expand more on this in a second.

The vision of Earth 2 is to create a digital replication of our earth, a place where people can build, trade and interact with each other - via augmented reality and virtual reality. Game developers will be able to use the platform, which is built on MapBox with 3D scans, to build their own games within the virtual world. App developers will be able to use the platform to create location-specific augmented reality apps, and advertisers will be able to use the platform to create targeted advertising within the game (and possibly within other apps and games built on the platform).

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Phase 1 - Where We’re At Now

With Earth 2 currently in Phase One, you can buy virtual land and sell it for profit. Because of this, Earth 2 has gone viral - and some people are comparing it to cryptocurrencies. Tiles in Earth 2 start at 10 cents. Imagine if you bought 100 tiles at 10 cents, for a total of $10. Now consider that many of the tiles in Earth 2, such as the tiles in the USA, have already increased to $50 a tile. For 100 titles, that would be $5,000. That is a $4,990 profit from an initial investment of $10.

That’s not all. Keeping tiles instead of selling them will also pay off. The developers claim that, in the next phase, we will be able to mine resources, rent properties, earn income tax or profit from advertisements on the land you own. This is why many people are buying land, both unclaimed and land on the marketplace (which other people are selling) - because land will become even more valuable in Phase 2 and Phase 3.

The value of land currently increases as more and more people buy surrounding land in the same area. This is why virtual land in the US has increased greatly in just a few months. But in Phase Two, some land will become more valuable based on two other things: population/foot traffic, and resources. It is speculated that the resources may be determined by mineral deposit data, such as mines for diamond, silver, gold, coal, iron, etc. We have provided maps for these locations to help users find tiles in those areas. It’s very likely that, if you own tiles with the ability to mine resources, you will be able to sell these resources to other users. The developers have also confirmed that tiles will generate “essence” based on their location/biome. This will be similar to the resources/minerals, but seems to be related to sand, soil, water, wood, rock, and possibly metal.

Many people have started creating MegaCities - a large plot of land co-owned by many different users. As more land in the same area is purchased and sold, it creates more value for all the owners of land in that area. This is why many users are working together to create these MegaCities, because it raises the land value for everyone. Just like the resource maps, we have also provided maps for MegaCities.

 
 

Why is Earth 2 so popular right now? Here are a few possibilities:

- People who missed out on Bitcoin don’t want to miss out on another opportunity.

- The developers plan to use Earth 2 as a VR and AR game, which creates a lot of possibilities and interest.

- The land prices and property in Earth 2 are much lower than real life prices.

- There is a “scarcity” to unclaimed land, as once it’s claimed it won’t be available to anyone else (unless the buyer decides to sell it on the Earth 2 Marketplace).

- There is a “collector mindset” to buying virtual land, just as one would collect rare baseball cards (except, it’s with the virtual versions of pyramids, stadiums, private islands, theme parks and Disney Land).

- The developers recently announced the incorporation of NFTs (non-fungible tokens) which will be available in the game. This is a big deal because NFTs can be worth thousands, or even hundreds of thousands of dollars. They are essentially one-of-a-kind digital pieces of artwork. It has been confirmed that NFTs will be included starting this month, and more information about this is posted on the News section of our website.


 
Omni-directional treadmills like the Kat Walk and Omni One may be used with Earth 2.

Omni-directional treadmills like the Kat Walk and Omni One may be used with Earth 2.

 
 

The Future of Earth 2

Where are we at now with the development of Earth 2 into becoming a fully immersible VR game? We are currently in Phase One, but developers plan to enter Phase Two (release of resources, essence and mining) early this year. So we can expect to see Phase Two very soon. Phase Three, however, involves building an actual VR and AR game on the platform that allows users to explore in 3D space. Users will be able to build on their land, rent out their properties and choose whether they want to allow advertising on their property - this may take anywhere from a year to 3 years. Most likely, we can expect to see more and more features being released over the next few months, and possibly an early beta version of the VR game by the end of this year. The developers already released a trailer video showing off the Terrain Engine, which will be the platform for the VR games. Will Earth 2 become a real life version of “Ready Player One”? Maybe… but it will take some time to reach that point. For now, you have the ability to get in early and invest in virtual property while you can.

 
Earth 2 currently runs as a website on desktop, but a mobile app will be available in Phase 2.

Earth 2 currently runs as a website on desktop, but a mobile app will be available in Phase 2.

 

How Much Can You Earn With Earth 2?

So how much can you earn by investing in Earth 2? There’s really no way to know yet - it depends whether you’re planning to invest short term (buy some land and sell it on the marketplace) or if you’re in it for the long run (buying land and holding onto it until we reach Phase Two and Phase Three). Some investors have already walked out with significant gains of thousands of dollars. As with any investment, remember that it comes with some risk, and only invest what you’re able to. That being said, we’re excited for the future and only the future can tell where Earth 2 will be heading. If you decide to invest, we hope our maps and investment tips will help you invest wisely.

 
An Earth 2 stats screen, showing the trade average, current price and value increase of tiles.

An Earth 2 stats screen, showing the trade average, current price and value increase of tiles.

 

If you haven’t signed up for Earth 2 yet, it’s free to create an account, explore the map and look around.