Well, no. You may not want to trust us on that, since of course we would say no, but for real, no.
Let’s address the kinds of scam that you might think this is one by one and explain why we’re not that.
”I’ve got a lovely seafront property in Kansas to sell you,” aka This Land Does Not Exist:
Yes, “virtual land” does seem like a bit of a funky phrase, at first glance. Atlas Earth is an augmented reality game, meaning we take elements of the real world and use them in the game. Each parcel of land in Atlas Earth represents and is GPS-mapped to a 30x30 foot piece of land in the real world. What that means is that when your avatar is standing near a parcel of land in-game, you are standing near the land it is mapped to in real life. When you buy a parcel of land in-game, you do not buy that land in real life. But you do make virtual rent off it every second from then on; more of it if you boost. Virtual rent can be redeemed for real-world currency, like this. You’ll notice that land in-game is bought with our currency, Atlas Bucks. Atlas Bucks can be bought as in-app purchase using real money, but there are also a bunch of ways to earn AB for free. Check out the list in this article for more on that.
The important thing to remember is that in the end, Atlas Earth is a mobile game. It’s not an investment platform, and we do not claim it is. Remember to think of it as a game, and not anything else.
Pyramid scheme/Ponzi scheme:
Yes, it’s possible to buy land in Atlas Earth using real money (by first buying Atlas Bucks). And yes you can redeem virtual rent for real life currency. And yes, that might sound iffy if it’s all the information you have. However, we don’t use money from in-app purchases to pay players; all of the money players redeem for their virtual rent comes from what advertisers pay us to run ads in the game. We never use one player’s money to pay another player.
Hope that clears things up.