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128 items found for "The Economics of Essence"

  • Earth 2 launches Yellow Energy rewards for Content Creators

    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.

  • The Two's have aligned; Draft Imminent!

    release of a document that delineates Earth2's journey into Web 3.0 and information on its crypto token $Essence We break it down for you the key take-aways from the sneak-peak video Essence is Rarer than we thought All of the initial listed tokens will be Essence earned by players. A majority of the remaining Essence would be reserved for players to be earned via gameplay, over several There is a certain portion of Essence reserved for the Earth2 team which will get vested over at least

  • Metaverse gets a shot in the arm - courtesy Facebook

    For those of us living under a rock, Facebook yesterday restructured their company and introduced its parent company brand 'Meta'. Facebook ahem Meta has made no secret of their Metaverse ambitions. The fallout of yesterday's Facebook connect event (https://bit.ly/3jNqi8C) sent the valuation of Metaverse skywards: $MANA which is Decentraland's crypto surged as high as 70% Earth2 Reaction It wont be unjustified to say that the increased attention to the Metaverse would have only positively impacted Earth2's value. We can only guess what would have happened if Earth2 had a listed token. Shane, CEO - Earth2, tweeted the below in response to the Facebook event. For the first time we have seen Shane tweet with a #playerowned tag. We could only guess that Earth2 is planning at least some level of decentralization, which is really good news. Many proponents argue that the Metaverse is better off decentralized rather not.

  • Could the E2 Marketcap blow up if it allows Crypto deposits?

    Essence, and everything around it, is now the main discussion. The announcement that followed has confirmed that Essence will be tradeable, which is different from But now with Essence becoming a tradeable item, several theories are being discussed and whether it may the future, we envisage a tradeable crypto on E2 at some point in time - hopefully, once there is an economy

  • Breaking : EPL countdown removed after it was set to arrive around Tuesday

    supposed to cost around $5 as against the earlier announcement where EPLs were supposed to be bought using Essence

  • Earth 2 Press Release: Resource Validation Updates

    reward reduction and more a timeframe on when retroactive Essence rewards will be processed for Players balance, by receiving approvals for successful claims or staking Essence on approved claims for free has been utilised by Players for the purpose of staking From which over 18,000,000 Essence is still actively staked pending approval or rejection To date, more than 20,000,000 Essence has been earned by in circulation on the Earth 2 Platform today (this does NOT include Essence actively staked) REMINDER

  • Oh my Shiny Phase-2!

    few hours ago, Earth-2 made an announcement that Phase-2 would be initiated by introducing 'Jewels OR Essence

  • 1-Day to EPL : Top things to remember; getting the most from your Earth2 EPL

    Purchasing first 2 EPLs with Essence will only set you back by 100 Essence each. Renaming an EPL will cost $1 or 80 Essence. Above pricing in Essence may vary once P2P Essence trading starts, if Essence becomes pricier then you may need less Essence per EPL and vice-versa. Therefore, Earth2 advises caution if purchasing EPLs using Essence.

  • New Jewel Types and Crafting now Live on Earth2 Test site

    Upgradation require shards and similar amount of Essence. However its unclear what this means for the broader ecosim and whether consuming Essence makes up for releases more information about resources and why should users choose to craft improved Jewels burning Essence In any case, crafting has brought us an additional use case for Essence which adds to its utility.

  • Earth 2 Vlog#7: Key take-aways

    Earth 2 introduced two new Eco-Sim buildings and introduced the concept of Essence staking in its latest is Power Essence will help power multiple things inside Earth 2. transformation Essence will be stakeable by players in special ways, such as - provide power support for other players or megacities at a mutually agreeable reward, allowing such essence to be utilized Details of Essence staking will be available closer to the launch of the Essence token.

  • Shane in E2O gen-chat ... BigFry hops in to talk with Nathaniel & Shane !

    to the community then was about to sleep and Bigfry appeared so I stayed around a little longer U: Essense S: Essence will be Epic N: But yeah even Unity was impressed with our rendering and technology we made

  • Mentars - A Recap. Should you spend $5 and build Mentars?

    Mentars are required to get to Essence. Essence, in future, can be converted to Resources. E-ther once detected by Mentars can be converted to Essence. That means say 100 E-ther will maybe give 50-70 Essence. For example, in below instance 101 E-ther transformed into 63 Essence. . 3) How do I get more Essence - Higher E-ther generation gives more Essence.

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