Former Senior Binance Director, Omar Rahim, joins Earth 2 as Strategic Advisor
Omar Rahim Joins the Earth 2 Team as Their Newest Strategic Advisor
December 22, 2021 – Sydney, Australia
Metaverse platform Earth 2 is excited to announce the appointment of Omar Rahim, a former Senior Director at cryptocurrency giant Binance, to strategic advisor where he will focus on Earth 2’s decentralisation initiatives, partnership programs and overall transition to the crypto space.
Shane Isaac, CEO of Earth 2, commented “I am very excited for what we have planned for Earth 2 in 2022, especially our upcoming blockchain deployments with both token launches and NFT drops in addition to upcoming gameplay and world building feature releases. Omar brings us a wealth of knowledge, connections, and experience in the crypto industry that will facilitate our decentralisation plans and advance our Web 3 strategy.”
Omar Rahim, commenting on the new role said, “Earth 2 is one of the most exciting Metaverse projects I have seen in the space and has phenomenal potential. They have experienced unprecedented organic growth since launching and the time is right to decentralise certain elements of the platform to take Earth 2’s community and experience to the next level.”
Earth 2 plans to release its whitepaper in 2022 and will provide future updates via its website and official social media accounts.
About Earth 2
Earth 2® is a futuristic concept for a second earth; a metaverse, between virtual and physical reality in which real-world geolocations correspond to user generated digital virtual environments. These environments can be owned, bought, sold, and in the near future deeply customized.
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About Omar Rahim
Omar is a seasoned cryptocurrency executive and entrepreneur, most recently responsible for leading Binance’s business across the MENA region. Prior to this, he ran his own companies in the trading and crypto space, leveraging his experience as a commodities and financial markets trader.
Earth 2 announces acquisition of 3D fast-paced sci-fi vehicular combat game DRONE
Sydney, Australia – December, 2021 – Earth 2, the metaverse platform and virtual twin of our real world, has announced the acquisition of DRONE The Game (DRONE), a fast-paced 3D-action combat game where players custom build their sci-fi vehicles and player-versus-player environments.
The acquisition will facilitate Earth 2’s first official 3D gameplay implementation through the integration of core components from DRONE’s tech stack, including its advanced arena and vehicle editors, with Earth 2’s metaverse platform.
Along with onboarding DRONE’s core engineering and creative development team, Earth 2 plans to accelerate many aspects of its internal development by leveraging DRONE’s adaptive technology, including its advanced rendering and texturing systems, terrain building tools, real-time lighting and particle systems, networking and backend technologies, procedural modelling and mesh generation systems, plus dynamic AI pathfinding.
“The ultimate goal of this acquisition is direct ownership of innovative world building and gameplay technologies to extend Earth 2’s Metaverse platform. It illustrates our ongoing commitment to invest in our development team, and to acquire technical expertise relevant to delivering Earth 2’s experience to millions of people across the globe,” said Shane Isaac, founder of Earth 2. “User Generated Content and utilizing our community’s creativity is a priority for Earth 2 as we continue to leverage blockchain technology to move our platform to Web 3 in partnership with Polygon Studios.”
Earth 2 is dedicated to continuing the development of DRONE, including its integration into the Earth 2 platform. Further details on how DRONE and its underlying technology will be used inside Earth 2 will be released progressively over the coming months.
DRONE, including its Arena and Vehicle Editor, is available on Steam in its current state, untouched as yet by any Earth 2 updates. We invite our players to download the free trial version if they wish to begin familiarising themselves with the demo but urge people not to purchase the full version just yet as Earth 2 intends to change the price of the game to FREE in the near future.
Current Steam listing.
Official Video Announcement : https://youtu.be/1jOCFvNbbkI
About Earth 2
Earth 2® is a futuristic concept for a second earth; a metaverse, between virtual and physical reality in which real-world geolocations correspond to user generated digital virtual environments. These environments can be owned, bought, sold, and in the near future deeply customized.
Twitter | Reddit | Discord | Instagram | Facebook | LinkedIn
About DRONE
DRONE is a fast-paced action-packed 3D combat game which supports user creativity via highly customisable editor tools for 3D arenas and vehicle creation. Players can expect an updated, improved and expanded version of DRONE when Earth 2 officially re-releases the game under the Earth 2 banner some time through 2022. The re-release will include numerous updates on features such as game play, game design and graphics, as well as bug fixes and general support of the product and will have core elements that link into parts of Phase 1 and Phase 2, the Economic Simulator. The game itself will be free to play.
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Earth 2 - Futuristic VR platform or scam?
Earth 2 describes itself as a futuristic concept of a second earth; a metaverse between a virtual and physical reality. The platform has a clear vision for the long-term. It is unlikely that any other concept of virtual worlds has been as successful as Earth 2.
Earth 2 is a vision for an in-game virtual world that builds upon the real earth. It will allow users to trade land and resources and possibly monetize their properties with virtual and real currency. The future will reveal what the world looks like, only developers know.
Earth 2 is much more than a concept. It is a vibrant community made up of traders and believers.
It is not what it wants to be at the moment. Earth 2 is currently a trading platform for virtual goods called tiles. A tile is a 10x10 meter piece of land that has been mapped across the entire planet. A small amount of land can be bought and traded.
What is the difference between buying and selling land?
Claim a spot on the map is the first phase of this project. The Earth 2 world is broken up into smaller pieces. Anyone can buy a piece if they are willing to spend a little bit of money.
It is easy to buy land. Logging on to the site will display a map of the globe, which can be cut into smaller 10x10 meter tiles. To claim your property, you can choose the tiles that are not taken (without a flag) and pay via PayPal.
The land becomes yours from that moment on. The digital receipt is sent to you and it is clear that this land will never be sold again.
You can also buy land from someone on the open market. Marketplace, as it's called in the game provides users with a list of all the available tiles. You can choose to allow others to bid on your land or to set a fixed price.
It works well and you may find some gems even though it is still a bit messy and difficult to navigate.
The different phases of a project
Let's get back to the phases. Three are listed (I believe there were four on the site, but I could be wrong).
1. Claim your land in the first phase
2. The second phase will see the release of resources
3. Terrain - Third and possibly final phase
This is the first phase we are currently in. This is the time to buy your land and to trade it for the best slots. According to inventors, it is important to have areas that are rich in natural resources, densely populated (allowing for the collection of taxes) and have high foot traffic.
However, until the second phase is completed, it will not be possible to determine which resources are most important. It is not known if the resources will be distributed randomly around the world. It's also unclear whether it's better to have infrastructure or a lot.
It is fascinating to see what is happening right now. The new land prices rise for every 100.000 tiles sold in a country. Because we can still purchase tiles from the 100.000 first, second, and third 100.000 tiles sold in a country, new and emerging markets remain relatively cheap. These tiles can be purchased (new) for between 0.50 and $3.00 USD.
Prices rise as more tiles sell.
Being a believer in the platform and a first-mover is a great thing. Because land prices tend to rise with more sales. The value of your property will increase when tiles from the same country are sold. The value of tiles in a country will rise once others offer them on the market.
Is it a scam or a genius idea?
The Earth 2 concept is amazing. Although the site is still under construction, it is very well designed. However, the founding team is strong and respected within the gaming community. Many people have expressed concerns about the sustainability of this project. But I'm open to the idea. While I won't invest in tiles worth tens or thousands of dollars, I am open to seeing how it develops.
No matter what you do, don't put any money into Earth 2 that you can't afford to lose. Inflationary price increases can be a strong emotional trigger. You must remember that this is a game and not a startup. There are many things that could go wrong, and thousands could lose their money if developers pull the plug.
EARTH 2 LAUNCHES HEAT MAPS POWERED BY MTS
Earth2.io, the futuristic game for a second earth, just launched new maps and heatmaps, all using MTS (Mapbox Tiling Service) at its core. Earth 2 has created a digital grid layer linking all continents that allows people to claim virtual land in the form tiles. The platform Earth 2 gamifies the entire process and allows users to buy, sell and/or bid on virtual land.
You can search for, claim, buy, or bid on virtual land anywhere in the world using the Earth 2 platform. You can either name the land you purchase to be sold in the future or keep it for future Earth 2 phases.
Earth 2 uses Mapbox's GL JS, our most recent satellite imagery, and our Temporary Geocoding api to help users search for tiles to purchase on E2. By displaying their flags from their home countries on tiles purchased, users can claim their property.
This digital layer of land is segmented and consists of approximately 10x10m each of more than 5.1 trillion unique virtual land tiles. It covers the entire Earth's surface. The value of Earth 2's virtual land is affected by location, earning potential and demand.
Earth 2 has experienced incredible growth in the last few months. Users have traded or acquired tens to millions of tiles. We have been working closely with Earth 2 to develop new features that allow users to track their activity, such as the buying and selling of tiles. Earth 2 now processes massive amounts of transaction data and renders it on the platform using our Mapbox Tiling Service (MTS), which updates Earth 2's entire globe every four hours. This creates a heatmap layer which allows users to see where transitions occur across the Earth 2 globe.
Earth 2 is a Virtual Version of Earth - Why Is It Going Viral?
You may have heard about it before, but perhaps the hype has yet to reach you. Earth 2 is currently viral on all social media platforms, including Youtube, Facebook, Reddit, and Youtube.
Earth 2 is a 1:1 virtual representation of our earth. This virtual earth is divided into 5.1 trillion tiles (10m X10m) and classified into three types.
Virtual land can be purchased on Earth 2 in the same way as real land. You can also purchase land from other users or sell your land to them if you are able to. Developers announced that each piece of land would soon be fully customizable. According to the developer:
Earth 2's vision is to create a digital representation of the earth that can be used by people worldwide. It will allow them to build, live, trade, experience, interact, and much more. We believe Earth 2 is a significant step towards achieving this vision.
Earth 2 will allow players to freely roam around the virtual planet, similar to Ready Player One according to its developers.
Logging into Earth 2 will allow you to explore the map of the world and view the various tiles. If the tile is already owned, it will be colored red and the flag of its owner. To see the current price of free tiles, click on them.
The price of tiles located in popular areas on Earth 2 will rise. You have two options: keep your tiles or make a profit.
Earth 2 is a popular way to buy and sell land for profit. It is being compared to cryptocurrency. Imagine buying 100 tiles for $0.26 each and then selling them two weeks later for $37.77 each. This is a $3,751 profit on an initial investment of $26. It's no wonder that people are flocking to Earth 2 right now.
This is not all. Developers claim that the next phase will allow us to rent properties, mine resources, and earn income taxes. You can even make cash by placing advertisements on your land.
Why is Earth 2 so hyped right now?
This hype can be explained by many factors. These are the most important reasons:
People who have missed out on Bitcoins won't miss another chance.
It is a great idea that the developers will use Earth 2 for VR gaming.
The land prices for Earth 2 are less than real-life prices.
It's quite cool to own Disney Land, the Pyramids, a private Island, or any other interesting location virtually -- it costs very little.
It is possible to make money from it.
There are only a limited number of tiles, so prices might go up if most tiles have been purchased.
It's addictive to look for tiles in important locations and find them. Mount Everest is one example.
Earth 2: The current state
Earth 2 is a video game. That's all. It is not a cryptocurrency and does not claim to be one.
As I have mentioned, Earth 2's map has 5.1 trillion tiles. If all tiles were sold at $0.1, then the total revenue would be between five hundred and ten trillion dollars. I don't know how to even put this number down.
Earth 2 currently only has a few tiles on a map you can purchase. However, the developers mentioned that they are working on it. It is currently a trading platform game that uses 10m X10m tiles and their values.
Earth 2 has been online for a few months. Phase 1 is still in its early stages. It is expected that in phase 2 we will have resources and mining features. You might be able generate in-game currency depending on the location of your tiles during phase 2. Nobody knows what phase 3 will bring. It is believed that VR will be brought to Earth 2 during phase 3. However, the future development plans and plans for VR are still unknown.
Each country has four classifications for tiles. The first tiles to be sold within a country are classified as Class 1. They have the highest tax returns and are the most popular tiles. The next step is tiles of class 2, which have a lower tax return, and then class 3. The remaining tiles in class 4 have no tax returns.
Investors and players have already made significant gains, often in the thousands. Earth 2 may gain more popularity or fail. The future will reveal the direction of the little tiles.
Should you invest in Earth 2?
Earth 2 was launched in December 2020 with a similar premise like the Second Life social network where users would be interacting over a digital copy of the real world. Although there are not many ways to interact with this digital world, the website has attracted millions of users in just weeks. Individuals are also investing in digital real estate and speculate on how much money they might make.
It is worth it to invest?
You should expect to lose your initial investment as with all investments. However, it is not certain that Earth 2 will succeed.
We have so far seen that digital currencies can be as strong as their digital worlds. Given that Earth 2 is not a world for real estate speculation, it seems like a risky bet.
Second Life and World of Warcraft are two examples we consider to be comparable. We don't believe there is any value in buying land in Earth2 as it doesn't offer the same level of interactivity or game play as these other games.
Earth 2 may develop these game mechanics in the future and create a valuable virtual economy. However, we did not see any instances of successful in-game economies without first launching a winning game.
It is difficult and risky to build a game that has a virtual economy. There are hundreds of successful game developers. We looked into the Earth 2 team and noticed that they have accomplished advisors like Dillion SEO. Although they appear to be a well-rounded team, the size of their team is not comparable to other companies that have created successful virtual economies. There were however other successful games, such as Minecraft, that were developed by small teams.
Capabilities & assets
The land bought on Earth 2 has no economic or utility value. The Earth 2 team created a marketplace for reselling land, and other users could buy up land to make profits for investors. We were unable to find independently verified metrics about the market's liquidity and we would like to learn more.
This is a risky investment from both a value investing and underlying assets standpoint. This is more risky than investing in a startup, where the investor would be entitled to claim on the startup's equities. It's also more risky than bitcoin investments where the bitcoin supply is not programmatically fixed. Virtual land investments offer no benefits other than the possibility of being able to sell the land at a later date.
Earth 2 launches a winning game
The game is successful enough to create a virtual economy
The land you have purchased is valued higher
Or if someone would purchase your land before any of these things happen. These sentences contain a lot of ifs, even compared to risky investments like early stage startup investing.
Is it a Ponzi Scheme?
While it may look like one at the moment, it’s important to consider this - Bitcoin could initially be considered a Ponzi scheme. However, a decentralized network such as Bitcoin has superior dynamics to an in-game currency.
The supply is limited and managed decentralized.
Transactions can be done via P2P and exchanges
Transparency is possible in transaction history
It allows value creation through new use cases, such as instant, free money transfers
If developers can create useful applications on top the Earth2 software it will no longer be considered a Ponzi scheme. As with any investment, you should be prepared to lose anything you invest in it.
Earth 2 partners with Mapbox
Earth 2 is a futuristic gaming concept for a second earth with Mapbox maps at its core. Earth 2 has created a digital grid layer linking all continents that allows people to claim virtual land as tiles. The platform Earth 2 gamifies the entire process and allows users to buy, sell and/or bid on virtual land. This digital layer of land is segmented and contains over 5.1 trillion unique virtual land tiles measuring approximately 10x10m each. It covers the entire Earth's surface. The value of Earth 2's virtual land is affected by location, earning potential and demand.
Earth 2's core concept revolves around location, maps, and data. Mapbox was a great choice for us. We did extensive research before we decided to go with them. It was a pleasure to work with Mapbox and look forward to continuing to use Mapbox in the long-term. These guys are experts on maps, business, and how to make it enjoyable.
You can search for, claim, buy, or bid on virtual land anywhere in the world using the Earth 2 platform. You can either name the land you purchase to be sold in the future or keep it for future Earth 2 phases.
Mapbox's geocoding API and maps allow users to search for properties on E2. By displaying their flags on tiles purchased, users can claim their properties.