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. 

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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

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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.

  • MARS4Token symbol: MARS4

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.

  • NFT symbol: MARS4ERC20:

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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Imogen has two degrees in Corporate and Business Communication and over three years of work experience as a content writer, covering topics from tech to travel and hard news.

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