EarthMeta is in the final phase of its $EMT digital token presale and has recently introduced its metaverse platform. Developed on the Polygon blockchain, the EarthMeta metaverse offers early adopters the opportunity to own cities and become landowners in this new virtual reality. This crucial step paves the way for future developments, including metaverse enhancements, avatars, augmented reality (AR), virtual reality (VR), and more.
However, the launch faced a few challenges. While the metaverse loaded and functioned properly, users encountered issues when attempting to purchase cities, receiving error messages instead. These initial problems have since been addressed by the development team, as the founder attributed them to production bugs that were missed during testing, despite significant efforts to ensure a smooth launch.
What Is EarthMeta?
EarthMeta is a leading metaverse project creating a virtual clone of Earth. In the EarthMeta metaverse, users can purchase cities, becoming governors and owners of unique digital real estate assets. These cities and assets are represented as Non-Fungible Tokens (NFTs), providing verifiable ownership and ensuring their uniqueness via the blockchain. The EarthMeta token ($EMT) serves as the platform's native cryptocurrency, facilitating both transactions and governance within the metaverse.
Governors can trade or sell assets such as buildings and monuments in the metaverse marketplace, using crypto tokens. They will also earn a 1% tax on future transactions involving their city assets. The governor with the highest-value assets in each country becomes the president, which entitles them to additional taxes and benefits.
City Types and Sale Timeline
With the launch of its metaverse and city presale, EarthMeta hits a major milestone, continuing to follow the original roadmap. Currently, cities are not yet available for public purchase, but presale buyers of the $EMT token receive priority. Cities in the metaverse fall into three tiers:
Tier 1
Only 200 cities exist in the EarthMeta metaverse, representing the most prominent and globally recognized cities, each as a unique NFT.
Tier 2
These are the top 1% of regional cities within each country, well-known nationally but less recognized on an international scale.
Tier 3
The remaining cities, while less prominent, still confer governor status along with unique perks.
According to the sale schedule shared on EarthMeta's Telegram channel, the timeline for purchasing cities is as follows:
October 21: The sale of Tier 1 cities begins exclusively for presale holders—this is the last chance to obtain free cities during the presale.
October 23: The sale of Tier 1 cities opens for non-presale holders.
October 29: Tier 2 and Tier 3 cities become available for presale holders to claim or purchase.
October 30: Tier 2 and Tier 3 cities become available for non-presale holders.
Metaverse Cities Pricing
Prices of the 16 most valuable cities in the EarthMeta metaverse
Top tier 1 city prices. Source: EarthMeta
Some may view EarthMeta as just another virtual experience, but that would underestimate its scale. With Tier 1 city presale prices ranging from $4,500 for Riga to $39,000 for New York City, EarthMeta is a decentralized finance (DeFi) project at its core. Its limited land supply in the digital market could offer significant returns for early investors.
Additionally, the price of the EarthMeta token is a key factor for potential investors. With an initial market cap of $63M, the $EMT coin has the potential for 10x growth if it matches the current market cap of other metaverse projects such as Sandbox or Decentraland. However, should the project fail to gain traction, high costs could lead to substantial losses, and the token price might not reach expectations.
EarthMeta vs. Sandbox and Decentraland
In a previous article we published, we found EarthMeta to be a legitimate project that can compete with current metaverse giants such as Sandbox and Decentraland. While blockchain-based metaverse platforms were once the focus of everyone’s attention, their popularity seems to have waned in recent years. Decentraland has seen its user base diminish, and Sandbox has struggled to complete a funding round.
EarthMeta, built with the latest technologies such as AI and VR/AR, aims to offer a more engaging virtual experience, integrating decentralized blockchain technology to bring real-world experiences into the digital realm. This positions EarthMeta to potentially surpass its competitors.
Final Thoughts
With the launch of its metaverse platform, EarthMeta is establishing itself as a serious contender in the cryptocurrency metaverse industry. While it’s still in the early stages and supported by a relatively small crypto community, the project appears to be moving in the right direction. Investors and enthusiasts alike will be watching closely to see how the metaverse economy develops and how the $EMT token performs in the broader cryptocurrency market.
