“Atlas Earth Scam” If you’ve recently seen an advertisement for Atlas Earth, you likely have questions about what it is and how it functions. After all, Atlas Earth presents itself as a program that enables you to purchase virtual property while making real money.
For those with an interest in the metaverse, particularly those looking to purchase virtual property, this appears appealing. However, we tested Atlas Earth to find out what it is and why many people believe it to be a scam. Just keep reading; you might be surprised by the outcomes.
What does the Earth Atlas mean?
One of the few mobile games right now that lets you purchase virtual property is Atlas Earth. Atlas Earth is essentially a digital simulation of the world that exists within the metaverse. You can purchase 900 square feet of land with Atlas Earth all at once.
Your position in the rankings rises as you acquire more land. You can run for mayor, governor, or even the presidency. Moving around in real life will allow you to find new plots of land and determine whether anyone nearby is a landowner because Atlas Earth follows you around.
It’s important to keep in mind, though, that this virtual space only exists within Atlas Earth and does not apply to other applications of the metaverse.
Who Created Atlas Land?
Atlas Earth was developed by NextNav in 2021. The main motivation for developing this app, in my opinion, was to profit from the current hype surrounding the metaverse and its openness to novel ideas. everybody. Can you profit from Atlas Earth?
By renting out your land in the game, Atlas Earth promises to assist you in making money. You are paid every second by Atlas Earth. Although this may seem like a lot, you will only make less than 10 cents a year on a typical piece of land with such a low salary.
You must hold the land for a longer period (or purchase more) before you can receive any money back because Atlas Earth also requires a $5 balance for withdrawals. If you spend $1 on additional land purchases, you can cash out. This means that until you’ve owned the land for about 50 years, your income won’t be enough to pay for it.
You won’t be profitable even if you have a large amount of land unless the game is well-liked. Due to its increasing demand at this point, you will be able to sell your land for a high price. That, however, might never occur. As time went on, Atlas Earth didn’t seem to be able to take off. Sticking with well-known companies like Facebook is probably popular, but there are plenty of other ways to make money in the metaverse. Apple, however, has no intention of joining Facebook in the metaverse.
How Do I Get Cash?
You must accumulate $5 in winnings before you can withdraw funds from Atlas Earth. It will take you more than 50 years to accumulate enough land rent from just one plot of land to be compensated.
This provides a wealth of information regarding whether or not you should buy virtual land in mobile games. : Is Atlas Earth a fraud?
The Atlas Earth app is not always a scam. On Atlas Earth, some users eventually had to withdraw their winnings.
It is not worthwhile to spend your time and energy using Atlas Earth or a similar platform to purchase virtual property. It seems like a much better idea to invest money in stocks or real estate.
Alternatively, if you lack those resources, you can begin with respectable platforms and side hustles.
For What Purposes Do People Buy Virtual Land?
There are many reasons why people purchase virtual land, including:
Since the advent of the internet, demand for digital real estate has steadily increased and is considered an asset. Digital assets like NFTs and virtual land cannot generate income on their own, even though buying online businesses like websites and domains can be incredibly profitable.
Many people suffer from FOMO, or fear of missing out. The large number of “crypto gurus” who have greatly profited from the Bitcoin craze has increased this concern.
Low Entry Barrier: Unlike real estate, buying virtual land is quick, easy, and reasonably priced. Many are willing to give it a try because it’s low-risk and low-work, in the hopes that virtual land will become the next big thing.
What Is the Future of Atlas Earth?
According to Atlas Earth, its users will have a lot of benefits. The game will be improved by adding:
Badges and passports can be obtained by traveling to various locations. By using passports, you can raise your rent rates.
Atlas Earth will permit you to sell a variety of badges in the jurisdictions you are in. Additionally, you will be able to maintain multiple statuses within your jurisdiction. You could run for mayor, governor, or president, for instance. As a result, each time a badge is purchased nearby, you are given free Atlas money.
You can compete in races against other players to win more Atlas money in the Racer minigame, JBJ.
Remember that this is a game, even though everything seems appealing and intriguing. You are spending money rather than investing it, even though it may be exciting. Purchase if you want to pay money to play a game.
Summary on the Atlas Earth Scam:
I advise against it if you want to earn money by purchasing virtual property on Atlas Earth. You’ll probably lose money. Despite the game’s long existence, it hasn’t yet amassed a sizable fan base.
It’s highly unlikely that Atlas Earth’s circumstances will change. While this is not a scam, you should spend your time and energy building a trustworthy business or a side gig.