Metaverse Project Mars4 Lists on Bittrex

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Mars4 is an inno­v­a­tive meta­verse project that sends its com­mu­ni­ty to explore a geo­graph­i­cal­ly accu­rate vir­tu­al ver­sion of Mars, the galaxy’s Red Planet. 

Mars4 was list­ed on Bit­trex on Fri­day, Octo­ber 22, 2021. The Mars4 (MARS4) wal­let is now enabled. The USDT-MARS4, BTC-MARS4, and ETH-MARS4 mar­kets are acces­si­ble here. 

The project was pre­vi­ous­ly only list­ed on SushiSwap

Taking crypto to the Red Planet

The meta­verse ecosys­tem of Mars4 allows users to pur­chase, own, and design land using Mars4 dol­lars. The ben­e­fits are boun­ti­ful as this sys­tem is the world’s first rev­enue-gen­er­at­ing NFT. 

This is pos­si­ble through decen­tral­ized finance (DeFi) and vir­tu­al real­i­ty (VR) tech­nol­o­gy. Users can get in on the fun by join­ing the Mars4 non-fun­gi­ble token (NFT) and land plot sale that runs on the Ethereum network. 

Mars4 is an ecosys­tem where peo­ple can explore a “vir­tu­al Mars meta­verse“. With Mars4 dol­lars, users can pur­chase and cus­tomize land on this vir­tu­al Red Plan­et. Addi­tion­al­ly, users can nav­i­gate, build on, and mon­e­tize their land.

The project’s devel­op­ment team uti­lized NASA’s Mars data to accu­rate­ly recre­ate and mod­el a 3D map of Mars.

How Mars4 works

Mars4 lever­ages gam­i­fi­ca­tion and token yield farm­ing to devel­op attrac­tive yields and toke­nomics for DeFi traders and investors. 

The plat­form wants any­one to access the Red Plan­et and explore it to their heart’s con­tent, through the Mars4.me VR platform.

The project con­sists of three main com­po­nents, accord­ing to the light paper:

  • Inter­ac­tive 3D Vir­tu­al World with the Red plan­et divid­ed into land­plots, each rep­re­sent­ed by a unique NFT.
  • Dual toke­nomics of a Fixed sup­ply MARS4 tokens 4B for gam­ing, trad­ing and NFT mint­ing and a fixed sup­ply of Mars NFTs (99.888 NFTs rep­re­sent­ing Mars surface).
  • Liq­uid­i­ty min­ing: tokens are redis­trib­uted to the NFT holders

“Mars4.me is a Meta­verse in geo­graph­i­cal­ly exact 3D Vir­tu­al Mars, cre­at­ed with data from NASA and oth­er space agen­cies. It has the MARS4 (Mars Dol­lar) token and the world’s first rev­enue-gen­er­at­ing NFTs, which lever­ages prop­er­ty rights and incen­tivizes hold­ing and spend­ing tokens on in-world assets and resources,” says the Mars4 offi­cial web­site

The NFTs are essen­tial­ly plots of land on the VR ver­sion of Mars, which are for sale in the mar­ket­place. These NFTs or plots of land con­sist of moun­tains, craters, and “beau­ti­ful loca­tions”. Here users can choose super rare, rare, and unique NFTs. 

To be able to pur­chase NFTs with­in the meta­verse, users need to buy MARS4 dol­lars. This can be done on either Bit­trex or SushiSwap.

A zoomed-out look at the Mars4 land­scape. Image: Mars4
A zoomed-in look at Mars4 and its dif­fer­ent plots and names. Image: Mars4

“Mars4 users pur­chase land plots where they can lat­er cul­ti­vate civ­i­liza­tions and cre­ate economies. Land­lords can build upon, rent, and sell their lots,” explained Mars4.

“With MARS4 they are able to get own­er­ship cer­tifi­cates, change the name of the land, pay for a range of avatars, wear­ables, and more on the Mars4 mar­ket­place. In this way, the world on Mars lever­ages NFT Mars Land, Gam­i­fi­ca­tion, and Token Redis­tri­b­u­tion to cre­ate attrac­tive toke­nomics for traders and investors.”

Mars4 NFTs

By becom­ing a Mars4 Land­lord, users will be able to explore the Red Plan­et, as well as own and cus­tomize their own prop­er­ty using Mars4 dollars.

Users will have access to the Mars4 dig­i­tal econ­o­my, be able to mine for resources, trade with neigh­bors, and terraform. 

How the NFT economy works: 

  • For NFT pric­ing Mars4 uses scarci­ty prin­ci­ple: NFT price increas­es when avail­able NFT decreases.
  • A total of 51% of income from the Land NFTs are redis­trib­uted to the pre­vi­ous NFT own­ers, start­ing Epoch 1 (TGE). Income will be redis­trib­uted when Mars4 reach­es the next new Epoch.
  • The ear­li­er users bought Mars Land NFT, the high­er return over time.
  • Dis­tri­b­u­tion done in MARS4 Tokens. Mars Land NFT own­ers will need to self-claim the reward.
  • NFTs will be also used in P2E game.

How to profit with Mars4 NFTs

NFT hold­ers will gen­er­ate a pas­sive income in Mars4 dol­lars. Mars4 advis­es users to mint an NFT and hold onto it. Mars Land NFT own­ers have to self-claim their rewards after reach­ing the new Epoch.

Interesting facts

  • Mars4 have sold 52,763 Mars Land NFTs at the time of writing. 
  • More than 3.5 mil­lion MARS4 dol­lars in Epoch 1 Redistribution

Dual tokenomics of Mars4

Mars4 uti­lizes two tokens: the MARS4 and MArs Land NFTs or MArs NFT. The for­mer is an ERC-20 / Binance Smart Chain (BSC) token that needs to be burned in order to acquire non-funglible ERC-721 LAND tokens. 

MARS4 has dual toke­nomics with a 4B MARS4 tokens for gam­ing, trad­ing, and NFT mint­ing. MARS4 has bal­anced liq­uid­i­ty, as 4% of Meta­verse trans­ac­tions are redis­trib­uted: 2% dis­trib­uted to NFT hold­ers, 2% locked to liq­uid­i­ty and stak­ing programs.

The MARS4 tokens play a vital role in the trans­ac­tion process with­in the meta­verse. Every­thing on Mars can be pur­chased, sold, or leased using the token. 

When a user per­forms a trans­ac­tion, the Mars4 NFT hold­ers earn a yield. 

The project has a fixed sup­ply of 99,888 NFTs rep­re­sent­ing the sur­face of Mars. Mars Land are tra­di­tion­al NTF tokens that can be trad­ed on any mar­ket­place just like a nor­mal NFT. 

The devel­op­ment team has essen­tial­ly built a yield into the NFTs, allow­ing own­ers to earn pas­sive income, which is trans­ferrable to a new own­er if the NFT is ever sold. 

Anoth­er way to increase the val­ue of the NFT is ter­raform­ing. Users can also buy val­ue-adding avatars, cer­tifi­cates, and logos from the in-game assets feature. 

Mars4 tokens and sup­ply. Image cred­it: Mars4 Light paper

Listing on Bittrex 

Bit­trex pro­vides the widest selec­tion of cryp­tocur­ren­cies in the Unit­ed States along with fast trade exe­cu­tion and depend­able dig­i­tal wal­lets, all pro­tect­ed by indus­try-lead­ing secu­ri­ty practices. 

The USDT-MARS4, BTC-MARS4, and ETH-MARS4 mar­kets are now open. Pur­chase Mars4 dol­lars on Bit­trex here.

Mars4 in a nutshell

  • The world’s first rev­enue-gen­er­at­ing NFTS: earn a pas­sive income from all trans­ac­tions with­in the Mars Meta­verse econ­o­my and game.
  • Dual toke­nomics: Tokens are con­sumed to mint yield gen­er­at­ing NFTs. Built-in token redis­tri­b­u­tion, stak­ing and liq­uid­i­ty mining.
  • Gam­i­fi­ca­tion: Togeth­er with TOP game stu­dios, Mars4 plan to launch the Mars4 P2E game in Q1 of 2022. Cur­rent­ly the team is work­ing now on a Play-to-Earn strat­e­gy and will be involv­ing the com­mu­ni­ty in deci­sions. These include new fea­tures, func­tion­al­i­ties pro­pos­als, con­fig­u­ra­tion changes, and stak­ing pro­gram changes. 

Stay con­nect­ed to the Mars4 meta­verse project here: Web­site | Twit­ter | SushiSwap | Offi­cial Token Sale | Bit­trex | Dis­cord | Telegram | Face­book | YouTube | LinkedIn | Medi­um | Coin­Mar­ket­Cap |

Disclaimer


All the infor­ma­tion con­tained on our web­site is pub­lished in good faith and for gen­er­al infor­ma­tion pur­pos­es only. Any action the read­er takes upon the infor­ma­tion found on our web­site is strict­ly at their own risk.



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