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128 items found for "The Economics of Essence"

  • "The Earth 2 Millionaire"

    Essence - The new Metaverse Crypto The long-awaited native token of Earth 2 was announced in addition to the retrospective rewards in the form of promised Essence. For several weeks before it was announced, I had pointed out why Essence is the perfect token for Earth2 and also added it in one of my recent articles last month (read here:- https://www.e2.news/post/more-essence-than-outstanding-earth2 exclusive benefits to Tier-1 land - Jewel Production (boost resources, +2 Ether boost, etc), Guaranteed Essence

  • Shane's Candid Thoughts: Key take-aways

    in Q2'22 is delayed, and now will be released closer to the Essence launch, which according to Shane Earth 2 was hoping to launch the Essence token in early Q3, however it has been pushed to late Q3 at Earth 2 wants to release the whitepaper in close proximity of the Essence launch. Therefore, the more utility Essence can have near the point of launch the better. Vesting period starts from the day of launch of the Essence token.

  • Is Crypto coming to E2 Shooner ?

    is more cryptic where capsized letters form WENCYIG – well we couldn’t make much of it, however the 'EsseNCe Source - Coinmarketcap Well the question is whether Essence is going to become a token (it’s not as simple and straightforward) and if yes, it remains to be seen how it is structured – earlier devs suggested essence

  • Shane steps in discord to discuss all things Earth 2

    as we wait for E2V1 The game can be played casually and will work on hourly / daily loops Will have Essence positive messages so thank you to those who do speak up daily and keep things positive Can I steal peoples essence I won't have time to fly over there unfortunately Will the PvP system have any essence reward system? S- yes, in a round about way Will resources cost essence as 1:1 transaction or can we stake essence to

  • The Blind Men and the Elephant - An E2 Parable

    Apparently you need to build these Mentars on your properties to be able to collect Essence and then E-ther, Mentar, Essence, Resources, Holo-buildings and Jewels are but seemingly part of the same Elephant detect E-ther at a specified %rate which is boostable via equipped Jewels, Mentars transform E-ther into Essence However some more information on the ultimate utility - how essence and resources work for the gameplay

  • New Shane news! Mastercard, Blockchain and more CONFIRMED!

    Essence and EPLs Essence and EPLs (Earth 2 Property Location) were scheduled to roll out a few weeks landowners long term and it has allowed us to begin planning around certain tweaks to our original Essence It will also give us time to monitor and balance the use and production of Essence and very importantly Internally our team has not slowed down since the delay of Essence but has used the time to continue These are the resources that your tiles may produce during the first months of the economic simulation

  • The "Whale Problem" in Earth2

    Economic simulators are a tricky thing from a gameplay perspective. A solution could come with resources, holobuildings, and essence. There are a few things to need happen for this to work. 1) Essence cannot be purchasable from the platform It needs to be player to player tradable only. 2) Holobuildings will need to be paid for using essence In this case, essence would be traded to users looking to build out holobuildings, and resources would

  • Shane discusses Earth 2 Phases, introduces Phase 2.5

    Phase-2 (current phase): Release of the EcoSim and related features to build the economic foundation date include - Mentars (base level eco-sim building), Ether (detected by Mentars, produced off land), Essence as a crypto token), EPL (provides a short address[URL] to properties), Jewels (boosts Resources and Essence

  • E2 Press Release : Earth 2 Set to Launch Unique Property Identifier System

    Upgraded EPLs can be bought with E$ or player earned Essence. Most of Earth2’s players have already received bonus $E or in-game play-to-earn Essence which can be In addition to the use of EPLs in the economy-driven Phase 2, Phase 3 will further expand their functionality additional gameplay and feature elements consistent with our longer-term goals of a fully-functioning economy player-owned, both in the real world and the metaverse and is the starting point for all of Earth 2’s economic

  • Earth 2 'Blackpaper' FULL SUMMARY!

    The EcoSim Player: Players who 'specialise in various forms of the Earth 2 Economic Simulator system' Essence The full name of Mentar is 'Elementarizer'. Essence Utility 1. The amount of Essence required will be determined by the value of Essence on the decentralised exchanges EcoSim Buildings are a special, pre-configured type of building with a specific purpose inside the Economic

  • Shane Discord Chat (2nd Mar'22)

    drop) post working out final economics model and using backdated averages EggHunt winner announcement If essence was listed close to that, it can only go up from there. change depending on some of the economics we work out. That's where I like to be What essence prices does your economic team project about short term after S- we are not committing to any figures on the value of Essence.

  • Tier 3 Jewels add to 1.3m Player sold Jewels to date

    jewels released inside Earth 2 and is part of our ongoing commitment to tweak and expand the important economical Stano, explained, “With Tier 3 Jewels, I wanted to hand a lot of control over to the player on how much Essence In addition, a lot of Jewels now have an Essence bonus attached to them, increasing [the] options. This suggests a significant relationship between Tier 3 Jewels, Essence generation and Resource production prime Resource production and boost Essence generation.

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