Frequently asked questions
What is MARS4?
Mars4 - centered ecosystem where you can explore a virtual Mars Metaverse, own and customize your land property with MARS4 dollars and even reap the rewards of the world's first revenue-generating NFT!
Mars4 is a unique metaverse with a virtual reality component. The Mars4 project's development team has modeled their detailed 3D map of Mars' terrain after NASA's Mars data. Think of it as Mars' equivalent of the 2001 Google Earth 3D map. In this virtual world on Mars, users purchase plots of land that they can later navigate, build upon and monetize.
Mars4 users purchase land plots where they can later cultivate civilisations and create economies. Landlords can build upon, rent and sell their lots. 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.
What makes MARS4 unique?
Our goal is to make MARS4 a decentralised autonomous organisation (DAO) for NFT owners to control governance decisions, such as policy updates, auctions and contracts. Our next steps include developing a VR platform to explore and participate in the affairs of MARS4 world, further gamification and implementation of P2E concept.
What is the size of one landplot?
1448 square kilometer (559 square mile)
What is non-fungible token?
A non-fungible token (NFT) is a cryptographic token that represents a unique asset. They function as verifiable proofs of authenticity and ownership within a blockchain network.
NFTs are not interchangeable with each other and introduce scarcity to the digital world.
What is the story behind Mars4 name?
The story behind the name is quite simple, 4 next to “Mars” indicates the fourth planet from the Sun.
There are few problems that created an incentive for Mars4 to emerge. First of all, not many people will be able to explore Mars in reality, therefore, we wanted to make them to be able to explore it virtually. Another reason is that Space startups at early stages have little support, thus, creating a foundation will fill this gap. In addition to this, existing NFTs are not generating yield at the moment and we wanted to create an innovation here.
What is the dual tokenomics of Mars4?
Mars4 uses two tokens: MARS4 and Mars Land NFTs (Mars NFT). MARS4 is an ERC-20 / BSC token that must be burned to acquire non-fungible ERC-721 LAND tokens.
Token name: MARS4
Token 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.
MARS4 tokens will play a key role in the metaverse's transaction processes. Everything on Mars could be bought, leased or sold with MARS4. Each time users perform a transaction, the Mars4 NFT holders will earn a yield.
NFT symbol: MARS4
The project has a fixed supply of 99,888 NFTs representing the surface of Mars. Mars Land are traditional NFT tokens they can be traded on any market place just like a normal NFT. Moreover, we believe that the yield we have built into them (passive income) that transfers to the new owner makes them even more attractive. Terraforming your land will help to increase its value. You can purchase additional value-enhancing avatars, certificates, and logos from its in-game assets feature.