How Landemic Works

Land Rush Crypto-Token

Landemic (https://landemic.io) is a land rush Ethereum token where you buy tiles from a map of the Earth. Each tile covers approximately 275 x 275 m², which is about the size of Buckingham Palace. Purchasing a new tile costs a penny, but you can change the price later. The most expensive tile at the time of this publication is the Petronas Towers ($21,000). We recommend you buy your home and work address, plus a few landmarks, to get in early.

What’s so special about these tiles? Glad you asked:

1. The “Google Effect”

Landemic is riding on the coattails of the best-kept secret in navigation: Google Plus Codes. Plus Codes are a new location standard that Google is promoting on every Maps search. The codes are meant to be a human-friendly substitute for latitude and longitude. They are 8-digit, alphanumeric codes, such as 87G8P2C2+, and they each represent a 275 x 275 m² patch of Earth. Consider them like IP addresses for location. Google has made Plus Codes standard on every Google Maps query as of 2018, and they are attempting to get ahead of the upcoming standard war for grid systems.

2. Informational Pricing

We expect signaling to increase the perceived value of “hot” properties. There is a story of a professor in Southern California who gave their students play money to bid on plots of land. These students had no real estate backgrounds, and yet the prices of their bids neatly correlated with the USD/ft² of the underlying assets.

Likewise, with Landemic, we expect players to buy and sell tiles of land based on how much interest they assign to those real-world locations. For example, we expect “ocean-front” properties on Landemic to be in high demand.

3. “Paint Your Pixel”

We expect players to want to leave their mark on the Landemic Map. Each tile is colored according to the last six digits of your wallet, and thus the entire map will look much like the Million Dollar Home Page, Pixel Master, or Reddit’s Place. In all three projects, players painted single pixels that eventually added up to a rich fabric of self-expression and self-promotion: