Earth2.io
Meta description: Earth2.io is a highly futuristic platform that enables users to generate digital virtual environments that correspond to real-world geolocations. Here is all you need to know about it.
Concept Overview
Earth2.io is a game platform for selling digital real estate. Instead of really owning the land in real life, you own it in the digital space, i.e. on Earth2.io. It features a digital or virtual reflection of the real world.
Earth2.io started out as a game, but it is fast becoming an investment platform of its own. The game players serve as the investors. However, with Earth2.io, game players can purchase landed property in countries and places far away from where they are located.
Even more interesting is that gamers can invest in landmark sites and property that they would never have had access to in real life. So, an investor can buy landed spaces in different sites all over the world.
Earth2.io is still in the early stages, but most of the popular sites such as Trafalgar Square, Golden Gate Bridge, The Eiffel Tower, The Colosseum, Leaning Tower of Pisa, Times Square, Tower Bridge, Empire State and more, including most UNESCO heritage sites, have already been completely bought up and have seen at least 600% price increases,
Although it is still in the early stages, players on Earth2.io have profited as much as 600% on early investments in highly demanded properties.
Future Goals/Missions
Technology and the Internet democratized almost everything around us, and made them accessible to virtually everyone.
Information sources? Everyone can now access them. Payments? Cryptocurrency allows you to be your own bank. Investments? We can now invest right from our smartphones. But one industry that has not experienced this sort of transformation is real estate. Many things still prevent people from being able to access it.
Some of Earth2’s goals include:
To bring access to real estate investing
For one, there is the problem of location. It is quite difficult for investors to invest in real estate outside their immediate locations. For instance, living in New York and purchasing property in Paris is a difficult task for the average investor. This is contrary to stocks or other investments. You can purchase stocks of companies located anywhere in the world and also monitor your investments right from your computer.
Not only that. There is also the problem of accessibility and affordability with real estate. Property prices are on the high side, effectively preventing average investors from having access. Bringing together many people to co-own such properties is not so easy as well. But Earth2, by creating a gaming system, is out to end all of this. On it, gamers can invest and purchase property anywhere in the world. The properties are also very cheap (at least, for now).
To Bring Liquidity to Real Estate Investing
The internet has made it very much possible to trade stocks, cryptos, commodities and even energy products. With these products, you can buy low and sell high. However, that is not the case with real estate investing, where you just invest and somewhat lock up your money for years on end. Real estate is also not like stocks where you can get in and get out of investments easily.
This level of liquidity is what Earth2 brings to real estate. You can easily purchase property and get them sold in no time. This gives participants real-time access to investments.
Ways in which you can earn
Buying into Earth2 gives you the ability to access multiple earning channels. These include:
- Land Value
You derive this by purchasing a “landed space” on Earth2. Due to the massive demand that Earth2 is attracting currently, there is the assurance that the price of the landed space will continue to increase so that the “investors” can easily sell it for good profit. It operates just in the manner of stocks and other assets.
The price of land on Earth2 differs from country to country, but the very base is $0.10 for 10m×10m of land. Demand will, however, increase and take the prices far up from this.
- Land Income Tax
For this, you don’t have to do anything to earn; you are qualified to earn once you have land in any country. Once you purchase land in any country, you earn from future sales of land in that country. This gets paid into your account.
The amount of tax you get is determined by the amount of land you own and the class of the land. In each country, there are different classes of land – Class 1 (which is the most prestigious), Class 2 and Class 3. We can liken this to the division of stocks into classes of shares in the stock market.
- Referral System
There is a referral code for everyone who signs up on Earth2. Whenever anyone purchases land with your referral code, you are automatically credited with 5% of the purchasing cost, while the buyer too gets 5% credit back.
- Treasures and Resources
If it happens that treasures or rare materials are found on your land, you will be given a portion of ownership of the material.
- Income from Advertising
If advertisements are done on any property that you own, you will have a stake in the advertising revenue.
- Digital Assets
When users build on land that you own, you will receive a portion of the value of those digital assets. So, if a user wishes to build a house, game, shopping center and so forth on land that you own, part of the value of the assets used to build will be given to you in dollar value and credited to your account.
Other Plans?
Apart from all of the above, there are also other projects in the works. Each investor profile features an Etherscan that enables them to conduct transactions in crypto. Similarly, but more importantly, a token anchored on the Earth2 project will also be released.
Potential Profitability
Earth2 seems to hold a lot of promises for the players that key into the project. Currently, it is going viral, and people are adopting it in droves. The chances of massive price increases are high. There have been reports of people reaping up to 600% their initial investments on some properties in just a short time. As with everything else, the investors who get in early get to reap the most returns.
Risks Associated
While the Earth2 project might seem like a huge deal, it might also be a massive scam. And there are some red flags already.
- Exponential and fast returns
Everyone wants good returns as quickly as they can get them – a perfectly legitimate desire. However, there are very few investments – if any – where you can generate so quick returns, going as high as 1% every hour, as you can on Earth2.
People or companies that promise these types of returns are usually phonies trying to lure others to part away with their hard-earned money.
- Credibility
Another factor that comes up is that Earth2 has not garnered enough credibility. The backers and sponsors of the programme or project are not known personalities in the cryptocurrencies or finance or real estate industries.
- Aggressive Marketing
Every project – whether legitimate or otherwise – needs a lot of marketing and promotion to get noticed by the target customers. However, more often, illegitimate and scam projects are usually identified with aggressive marketing tactics. To get you to buy in, they get very persuasive.
Earth2 has displayed some of these attributes, as there are many of its aggressive, sponsored adverts online. We should, however, note that this strategy is also employed by credible service providers as well.
Management
Earth2 features a management team of individuals who have made their mark in software development, business and finance, real estate, gaming, virtual and augmented reality, and much more.
Founder and CEO, Shane Isaac, boasts over 20 years experience in software development, product development and management. Shane is said to have an avid passion for big concepts and thinking outside the box. Earth2 is in furtherance of his goal of deploying futuristic technology to build today’s products.
Nathaniel Doldersum, the lead game developer, has experience building projects and publishing thoughts on game development and digital assets. In advisory capacity is Dillion Seo, co-founder of a popular VR startup that Facebook acquired for $2 billion. The management team consists of other unit heads and many advisors.
Conclusion
What should an investor do? We are familiar with a lot of scams, but that should not stop us from going for new, even if untested, investments. For instance, no one knew Bitcoin would get the buy-in of everyone, including major banks, as is currently the case. Hence, no one can certainly say if this project will turn out well, or players that hop in on it now will only get hurt.
If you found this information helpful please help out our site and mission through our Eart2.io referral code, you will receive 5% of any land purchase in E2
Referral Code: VU5AM2HZSK
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