Most significantly, Tier 1 tiles have guaranteed Ether to Essence conversion and Essence generation while Essence Distribution Commitment: Upon publication of the Essence Distribution Commitment, Tier 1 Property amount of unclaimed Essence/ Essence Awaiting Claim will be transferred. Helpful Definitions: Essence Awaiting Claim: The Essence promised by Earth 2 to a Tier 1 property. The Essence Awaiting Claim value will decrease as players collect their claimable Essence.

This puts the value of Essence at - 500/160 = About ~$3 per Essence! Basis current implied Essence pegged value ($5 EPL = 400 Essence EPL) of $0.0125, that's a ~80x growth Land holds a special meaning in economics. In Marshall’s (economics legend) words, “Earth’s surface is a primary condition of anything that a man Essence is Liquid - we can freely transact using Essence.

In this video I talk a little about Essence distribution, Tier 1 and Tier 2 land, Player Creativity and We have compiled some key take-aways below as well:- Key Take-aways Essence will have inflationary and inflationary period which could be the first 2-4 years Assurance that Tier 2 land will also produce Essence If and when Earth 2 decides to release T3 land, the essence accumulation ability of such land will further There will be set maximums in terms of Essence yield separately on T1 and T2 land The amount of Essence

senior director at Binance was believed to be heavily involved in advising Earth2 on matters related to Essence I can also confirm this has not changed our plans, including time schedule, for Essence has not changed The main item I wanted to clarify is that it has not changed our existing plans for Essence Can essence

One of the E2 users (John1992) alerted about the striking similarity between the Essence logo and Scatter remains to be seen how things unfold or whether it is a mere coincidence behind the similarity between Essence

glad some can appreciate how interesting this tech is Shane no additional terrain footage till after essence We want to show something else impressive when Essence launches One small question, any hints regarding prize for that one and the player that solves it will know what to do I wonder what happens to ether/essence It's nice to have you all more involved I know you can´t say too much about Essence, but here there are to many people who think Essence will cost 0.1 ....just one question...is Essence design to be a multi-dollar

Earth 2 has added 2 decimals to Ether and a further 2 more decimals (total 4) to Essence. Raiding feature, but also as a pre-emptive adjustment for future spending scenarios for E-ther and Essence These adjustments will see E-ther receive two decimal points and Essence expand to 4 decimal points. In order to keep the UI/UX clean, some locations may not always display Essence with 4 decimals places This is because your historic Essence balance is stored based on the previous logic.

: For a duration of 60 days after the official launch of EPLs or until user to user trading of Essence becomes available, whichever happens first, the price will be set to 100 Essence per property for the After this time period or after the second EPL has been purchased with Essence the pricing will update to 400 Essence if it is not already determined by the market price for Essence (see next point). Choose a currency with which you want to pay: E-Dollars or Essence.

In case players sell a property with tethered Cydroids, the Essence within any power cells of any Cydroids Thus this allows indirect trade of Essence but nevertheless players are reminded to be careful since Essence does not yet have an external discovered price. Players that Essence does not yet have a determined price on an external trading platform. Until such time, we discourage any blind trading of Raiding launch pads properties or attempted Essence

As per Shane, there may be opportunities to redeem Yellow energy for Essence. Other users can choose to back these claims by staking Essence. The users who back a successful Yellow Energy submission receive an essence reward (unknown yet) plus their original staked essence is returned. Failed submissions incur a 20% deduction on the staked essence.

Everest: The Phase-2 launch update : EPL & Essence, in Shane’s words, are “100% ready to launch” but

they have the corresponding resource on their plot When raising a request, a user will have to stake Essence against each validation request If the request is successful, the user gets back the original essence plus a % bonus on their staked essence. Unsuccessful/ Frivolous requests could potentially lose their staked Essence Multiple users can contribute towards a resource validation request, thus on successful validation, all users who have staked their essence