Wednesday, January 27, 2021

Calculating Land Income Tax (LIT) in Earth2

 Calculating Land Income Tax (LIT) in Earth2

  Land Income Tax is the income you receive with each new sale of land in the country where you own plots of land. It is calculated automatically and added to your account.

  How much E $ you get depends both on the size of all new land sales in that country, the number of tiles you have, and the classes assigned to them. You must have accumulated $ 0.01E for anything to be added to your account. If you have a lot of land and sales of new plots in this country are high, you will receive LIT more often.

  It is not affected by whether you have 10 "Properties" out of 1 "Tiles" or 1 "Propeties" out of 10 "Tiles" - if they are of the same class, of course. When the income is accrued, it will be distributed among your deeds.

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A scam that you should be very careful about in Earth2

 A scam that you should be very careful about in Earth2


  The scammers have devised a clever way to steal from others. Taking advantage of human inattention, criminals change their username and then make offers to their victims.


  The scam involves changing the username, for example, from "Tom" to "Tom submitted a bid for $ 100.00" and placing an offer for $ 1.


  Sometimes, to make things more confusing, they bid from multiple accounts, leaving the victim vigilant, not realizing that the offer is $ 1 and that $ 100 is only part of the username and accepts the offer. You can easily lose a large amount of money this way. Remember to read your offers carefully.


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E $ in Earth2?

 E $ in Earth2?


Today (01/24) a new currency code for the Earth2 portal has appeared. This raised a lot of questions, a slight unease, and started a brainstorming session. People try to guess what is behind it and what changes it portends.


So far it is only known that this is just a representation of the purchased credits in Earth2 and that nothing else has changed.


Among the speculations that arose, there was one interesting that caught my attention. Namely, a reference to the Earth Coin cryptocurrency. Are the developers going to introduce the cryptocurrency for use in E2?


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Tuesday, January 26, 2021

Phase 2 before the end of March!

 Phase 2 before the end of March!


There are reports on the web that before the end of March this year, the second phase of the Earth2 project would be released!


Let me remind you that this means that our lands will generate various types of resources that we will be able to use in the next stages of the development of the virtual world. These resources can be sold to other players or exchanged for others that we will need to build our cities.


At the same time, project developers should publish details describing what uses each resource will have.


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National borders and the purchase of plots in Earth2

 National borders and the purchase of plots in Earth2

Personally, I have not noticed that I have experienced a similar situation, but I read that the starting salary was than expected. I did not try to recreate such a situation, but according to the next people, if we first select lands in a country where prices are selected, and then drag them to the selection outside the country with higher prices, we will see the amount for the land from a cheaper country to sum up. Apparently, when buying, we will pay the amount in accordance with the prices of a given country and it may not match the one shown in the summary.

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Megacities and Guilds are formed in Earth2

 Megacities and Guilds are formed in Earth2. Someone thought that when a game is created, those who will live in a society created in a virtual world will be in a more favorable position. The vision is that in such a society it will be possible to pursue common goals, there will be easier access to resources and it will be possible to develop faster.


One of the users really took the trouble and marked many megacities on the map:

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HERE MEGAMIES ON THE MAP 












$ 700,000 - for this amount, new plots of land are sold on Earth2.io every day

We accelerate! Already $ 700,000 a day is being spent on new plots!


There are 5 trillion plots in Earth2. I believe that exactly that number is 510,000,000,000.


The idea for the second earth project, which was born in November 2019, only started at the end of 2020. Although it has only just appeared, the number of new transactions is gaining momentum!


The last few months are not only transactions between users, but also sales of new lots for USD 700,000 a day, and in some days even up to almost $ 1 million!


As far as I know, the total sale of new plots has not yet exceeded 40 million, so only about 0.000008 land is sold. This is really the perfect moment to join when you can still buy land on the primary market, because later it will only become more expensive.


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My other projects

 Some of my projects: Relaxing Music for Stress Relief - this is one of my YouTube channels, where I make relaxing music available under a l...