Earth 2 Essence (ESS) is the future cryptocurrency of Earth2, available for collection and mining within the Earth2 metaverse. As part of Earth2’s early adopter rewards, users who bought virtual plots of land were guaranteed a minimum amount of Essence from each property they owned. Essence serves as Earth2’s core in-game commodity, created by harvesting and converting E-ther from lands using the Mentar. It’s used to replicate resources, create raw materials, power cydroids, vehicles, buildings, and even entire cities! The current price of ESS is approximately $0.12. You can trade ESS on decentralized exchanges like Uniswap V3 (Ethereum). For more details, you can explore the Earth2 website
A metaverse for the people
Virtual Reality Ownership
In the virtual real estate platform, players can purchase, sell, and develop digital parcels of land that correspond to actual geographical locations. Facilitated through technologies like augmented reality (AR), virtual reality (VR), and blockchain.
Users can create immersive and interactive experiences on their virtual land, such as social spaces, games, marketplaces for digital goods, and more. This fosters a sense of ownership similar to that of owning physical property and can help build a community as users interact within this shared virtual space.
Real-World Integration
The platform integrates real-world geographical data, allowing players to interact with familiar locations and landmarks. For instance, VR technologies enable the creation of immersive environments where users can explore and interact with properties that mirror real-world geography.
This integration of geographical data enhances the user experience by providing a realistic and relatable virtual environment that reflects the actual world, making the virtual interactions more meaningful and engaging.
Player-Driven Economy
In a decentralized economy within the gaming world, players have the ability to own, buy, sell, and trade virtual assets like land, resources, skins, and jewels.
This system allows for a player-driven economy where the value of assets is determined by supply and demand within the game’s community. Players can potentially earn real-world value through their in-game activities, creating economic opportunities and growth. This model is part of the broader trend of GameFi or play-to-earn games, where players can earn cryptocurrency rewards as well
Dynamic and Evolving World
Earth2.io, the virtual world is designed to be dynamic and responsive to the actions of its players. This means that when players interact with the environment, trade assets, or participate in events, their actions have a tangible impact on the world’s development and evolution.
For example, if players engage in building structures or modifying terrain on their virtual land, these changes are reflected in the world for all players to see. Similarly, in-game events such as challenges, competitions, or collaborative projects can lead to updates in the world’s landscape and economy.
This dynamic system ensures that the virtual world remains vibrant and evolving, providing a unique experience that can change from day to day, keeping players engaged and invested in the ongoing development of their virtual environment.
Essence: Key Facts
- Essence is an ERC-20 Utility Token launching on the Ethereum Blockchain, chosen for its security and decentralization.
- The token is designed to be disinflationary, meaning its supply will decrease over time.
- The maximum supply of Essence is capped at 1 billion tokens, with most being mineable by landholders.
- A symbiotic relationship exists where mining Essence unlocks additional tokens in the Earth 2 Treasury, aiding project development.
- Halving events will occur when mined + unlocked Essence reaches certain thresholds (500M, 750M, and 875M), reducing the E-ther spawn rate by 50% each time.
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