What is Atlas Earth and is it a scam?
Atlas Earth makes big promises to make money in the metaverse, but many have called it a scam. Here’s what you need to know.
If you’ve seen ads for Atlas Earth recently, you might be wondering what it is and how it works. After all, Atlas Earth advertises itself as an app that lets you buy virtual real estate and earn money.
This may be appealing to many interested in the metaverse. Especially if you want to buy virtual real estate. But what is Atlas Earth and why do many people say it’s a scam? We tested it and found out.
What is Atlas Land?
Atlas Earth is currently one of the only mobile games where you can buy virtual real estate. Atlas Earth is essentially a virtual representation of the world that takes place in the metaverse. With Atlas Earth, you can purchase 900 square foot plots of land at a time.
The more lands you collect, the higher you rise in the rankings. You can become mayor, governor and even president.
Atlas Earth moves with you, so if you move around in real life, you can discover new plots of land and see if anyone around you has their own plots.
Can you make money with Atlas Earth?
Atlas Earth promises to earn you money by renting out your in-game plots. Atlas Earth pays you by the second. It may seem like a lot, but with such a low salary, you’d be making less than 10 cents a year on a typical lot. Atlas Earth also requires a balance of five dollars to cash out, which means you’ll have to hang on to that earth even longer (or buy more) before you can get any cash back.
This means that the amount of money you earn will not cover the cost of the land until you have it for about 50 years.
Even if you had a lot of land, you won’t make any profit unless the game explodes in popularity. At that time, you would be able to sell your land at a massive markup due to the growing popularity. It may never happen.
How does Atlas Earth make money?
Atlas Earth makes money by selling you Atlas Bucks, which you use to buy in-game properties. 100 Atlas Bucks costs around five dollars and buys you a plot of land. The more Atlas dollars you buy, the cheaper they are.
You also get two free Atlas Bucks for watching an ad. Atlas Earth earns money from these ads and gives you a portion of the revenue. However, one would have to watch 50 ads to get enough money for a plot of land. Atlas Earth also limits you to one announcement every 20 minutes.
It is also possible that Atlas Earth uses the data generated by you to make a profit. After all, Atlas Earth requires your location settings to use the app to generate more map as you move. This data could be sold to developers looking to expand the metaverse.
Is Atlas Earth a scam?
If you’re looking to make money, Atlas Earth isn’t worth it. The ads pushed by Atlas Earth promising to make you money are misleading at best. These practices make Atlas Earth look like a scam.
If you’re looking for a fun game to immerse yourself in the metaverse, Atlas Earth might be for you. However, there is not much you can do unless you are actually looking to buy land. Because of this, Atlas Earth might not even generate enough popularity to become one of the main players in the metaverse. This means that the land you buy will not be worth it.
As the metaverse continues to grow, more iOS apps with better features will be available in the future.
The metaverse is coming, whether we like it or not. Purchasing virtual land might be the best way to get involved right from the start. Here’s how.
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