What is Next Earth?
Next Earth is the first NFT-based virtual copy of Earth where users can buy, sell, and mint virtual land while creating value on the real one. Fully integrated with DeFi and DAO, this metaverse is built on land NFT’s, made up of 10x10 metre squares on a digital grid layer. The virtual lands are linked to a replica of the Earth. Thus, users can essentially own virtual land in any part of the world, from their own house in the real world to a historical building.
The virtual property ownership occurs in a decentralised market that employs NFT and blockchain technology to ensure more secure data storage and transmission.
Owning land in Next Earth allows users to become citizens of the metaverse and members of its economy. Landowners can participate in the DAO Governance, obtain rewards for their activity, and access the Reward Pool through staking. The reward will increase as they upgrade their land. Moreover, owning land also opens up many opportunities for users to earn real income. It’s up to the landowners to create their own NFT collectables portfolio and develop whatever they want on their land, from NFL stadiums to diamond mines.
Next Earth is built around a powerful charity purpose of helping the Planet Earth. Therefore, 10% of every new land purchase will be donated to environmental projects. This means that by buying land, users will be supporting environmental charity purposes.
History of Next Earth
Next Earth is being developed by an experienced and professional team that invest their money, time, and energy to achieve maximum results. The founders of the project, Gabor Retfalvi, Miklos Vitez, and Atilla Kiraly, are all experienced entrepreneurs with proven track records. As of December 2021, over 20 people are working as the core team of Next Earth. The team’s goal is to become the number one metaverse for businesses by building the biggest marketing, Digital/VR sales, and service platform. In the future, Next Earth is planned to host various businesses from both the real-world economy and the blockchain industry. Additionally, they also want to create a fair and equitable community with true digital ownership at its core.
The team began selling NFT land on Next Earth in August 2021. A total of 12,351 users bought the metaverse’s virtual land between 17 August 2021 and 30 November 2021.
Popular Areas in Next Earth
As an exact duplicate of Earth, Next Earth covers almost every country and area on the planet. Famous locations and attractions in the real world tend to be famous in Next Earth as well. However, three of the most popular countries are as follows:
- The United States - The virtual replica of The United States is currently the most popular country in Next Earth. As of January 2022, 3,898,000 tiles are sold to users worldwide.
- Russia - Around 1,352,000 tiles are sold in Next Earth’s Russia.
- South Korea - The third most popular country in Next Earth is South Korea, with around
Types of Property in Next Earth
The primary type of property in Next Earth is, of course, land tiles. Users can purchase up to 1000 land tiles at a time. There are three types of land titles within the metaverse: water, urban, and non-urban.
- Urban Tiles are tiles inside a country’s border that has approximately 1 square kilometre boundary box with at least one Poi.
- Non-Urban Tiles are all tiles inside a country’s border that aren’t urban tiles.
- Water Tiles are tiles outside of a country’s border.
Tiles can have one of two classes: Land Class and Art Class. All land tiles start as a Land Class, but non-urban areas and water can be turned into Art Class land tiles via the built-in Land Art Module. What makes Art and Land class tiles different are the opportunities to receive reward bonuses through different use of Skins.
Two types of skin, Inner and Outer Skins, will be introduced in Q1 2022. Inner Skins will change how other users view the Land NFT. For example, it can change the appearance of landmark NFTs from 2D to 3D. On the other hand, Outer Skins can be anything from a photo to a gallery.
Landowners have the freedom to create whatever they want on their land. They can make anything from family homes and luxury villas to tourist attractions and power plants. They can even develop roundabouts if they want to.
There are multiple stories landowners can follow as opportunities on Next Earth. They can buy as many tiles as possible with minimum upgrades (horizontal growth route), buy a minimum amount of tiles and upgrade them to the highest level possible (vertical growth route), develop as many Art Class NFTs as they want and sell them to others (artist route), buy as many landmarks as possible and upgrade them to the highest level (landmark route), buy as much land as they want as means for accumulating (whale route), or collect skins to forge and sell on the marketplace (trader route).
Users can buy Loot Boxes for a chance to receive a new Skin, which will advance their reward benefits. There will be many campaigns to distribute these Loot Boxes in predetermined numbers. Each loot box campaign will have its own set of probability, from legendary, epic, rare, to common.
Various items will be created from land resources throughout Next Earth’s economy building phase. These products will be a collectable portfolio that can be minted as special NFTs.
Native Tokens Used in Next Earth
NXTT is the native token of the Next Earth economy. The token is used for many things, including land purchases, marketplace sales, and all platform fees. Every tile on the world of Next Earth is qualified to get bonuses and rewards as long as the landowner stakes NXTT tokens on it. The maximum amount of NXTT that can be staked is limited, based on the skins attached to the tile.
Next Earth will issue 60 billion NXTT and offer 3% of the total supply for sale through an IDO. 20% of the total supply will be locked up for the development team, and 75% for a proto-treasury. The remaining 2% will be distributed on the landowner pre-sale. Those who already own virtual land on Next Earth can purchase NXTT tokens at a discounted price.
Top 3 Reasons to Invest in Next Earth
- Being a landowner in Next Earth provides many benefits - Owning land in Next Earth gives users many benefits. Only landowners can participate in the DAO, stake Next Earth tokens, and earn staking rewards. Landowners will also be able to create their own NFT collectable portfolio. In addition, businesses can only enter Next Earth’s ecosystem if they already have land tiles in the virtual world. This essentially means that landowners will have plenty of opportunities to sell their land for a much higher price than the buying price.
- A team of professionals is developing Next Earth - The team behind Next Earth are all experienced professionals who are passionate about what they do. Also, all of the owners are investing their own money, time, and energy into the project.
- Next Earth will continue to grow in popularity - In November 2021, only a few months following its NFT land launch, Next Earth hit a daily turnover of 50,000 USD, with an average profit margin of 6110%. These numbers are growing daily and will continue to grow in the future as more people learn, and the metaverse is becoming more mainstream.