MARS4 AMA RECAP — 15/12/2021

Crypto News Id
9 min readDec 16, 2021

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Thank you to the Cryptowid for participating in Ask Me Anything (AMA) with MARS4 December 15th 2021 2pm UTC. This guest star :

Margarita
-Marketing Manager of Mars4

LIVE TELEGRAM AMA

INTRODUCTION

Before we start AMA main segment, we really want to know some informations about yourself. Could you do a little introduction for us know better about you?

|Margarita

My name is Margarita and I’m a Marketing Manager at Mars4. I am a communication specialist with a bachelor’s degree in visual communication. I am experienced in email and social media marketing, skilled in providing the best experience and support for customers.

SEFMENT 1

Q1. What is the simple definition of MARS4?

|Margarita

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.

Q2. What are the features and product does MARS4 want to offer?

|Margarita

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 uses two tokens: MARS4 (ERC-20) audited by Quanstamp and Mars Land NFTs (ERC-721, both on ETH and MATIC). Supply is limited to 4B MARS4 tokens and 99,888 Mars4 NFTs.

Q3. Please tell us about $MARS4 token and MARS4 Land NFT in more detail!

|Margarita

Mars4 uses two tokens: MARS4 (ERC-20) audited by Quanstamp and Mars Land NFTs (ERC-721, both on ETH and MATIC). Supply is limited to 4B MARS4 tokens and 99,888 Mars4 NFTs.

Mars4 has dual tokenomics with a MARS4 tokens for gaming, trading, and NFT minting. After Mars4 Marketplace launch
4% of Metaverse transactions will be redistributed: 2% distributed to NFT holders, 2% locked to liquidity and staking programs.

Before the launch of Metaverse, epochs are introduced to redistribute passive income for Mars landlords. Each Epoch starts after a new 10,000 NFTs are sold. 51% of income from the Land NFTs are redistributed to the previous NFT owners, starting Epoch 1.

MARS4 tokens will play a key role in the metaverse's transaction processes. Each time users perform a transaction, the Mars4 NFT holders will earn a yield.

The project also has 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. Smart contract of Mars4 NFT is approved by BINANCE 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.

Q4. Could you give us some information about your roadmap, your milestones, and also your ongoing/future event?

|Margarita

In 2022 we will work with partners and scale our own team to provide an even better experience of Mars4.me. Create features similar to Google street view, enable customise & personalise landholdings with in-game assets (to be able by landlords to create Events, build NFT Galleries on Mars, launch businesses, use tools to populate land). What is more, we will also be looking for multi-blockchain support.

SEGMENT 2

Q1. I could see that your game is focused on commercializing NFT lands of a Virtual Mars, but what would be the real benefits and utilities of this land? and why do you prefer Mars rather than another planet? is it to give a more realistic approach to the game?

|Margarita

Because mars is one of the most futuristic planets in our galaxy and everyone and even I would love to go there. Games allow you to do it vertically. 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.

Q2. There are several activities can be done using the Land NFTs in MARS4. Activities includes renting, leasing and subleasing, splitting and subdividing. Can you explain all of these activities? How are they difference and how are they beneficial for both land owners and the buyer?

|Margarita

You can find all this information here:
If you haven't yet, please read Mars4 whitepaper to understand more about the project.
Find it here 👉 https://www.mars4.me

💥Mars4 NFT Marketplace: http://app.mars4.me

Make sure to follow us across social media to support and promote us! 📲✨

📢Telegram Announcement Channel: https://t.me/mars4me_news

⚠️ Please be aware that Mars4 Team/Admin will NOT DM you first nor asking for fund.

⚠️ Please report such users as spam and help the community. Please be cautious.

Join Our Official Community Groups🔥👀
🇯🇵 t.me/MARS4japan
🇨🇳 t.me/mars4china
🇷🇺 t.me/mars4russia
🇵🇱 t.me/mars4poland
🇰🇷 t.me/mars4southkorea
🇻🇳 t.me/mars4VN
🇹🇷 t.me/mars4turkey
🇮🇳 t.me/mars4india
🇮🇩 t.me/mars4indonesia
🇪🇸 t.me/mars4spain
🇵🇭 t.me/mars4philippines
🇮🇹 t.me/mars4italy
🌍 t.me/mars4arabic

📊 t.me/mars4trader

Q3. Usually, NFT game favors those who have upgraded, leveled and purchased large amount in-game items leaving those new players behind of them. How would #Mars4 promotes fairness and equality to its players? Do the skills of the players matters more than the character?

|Margarita

All the rules of the game can be found on our website Find it here 👉 https://www.mars4.me
It is not disclosed yet, more concept will be announced this month!

Q4. What type of NFTs can a user mint what in-app creator tools is the DNP Greate app equipped with which will NFT minting? How easy will it be for regular user to be able to do this without having to worry about technicalities of coding and blockchain intricacies?

|Margarita

Technically the system has been designed to be safe and secure, and we are spending all the necessary resources in order to ensure that the system matches the highest security standards. We are using a combination of various techniques like proxy contracts, separation of concerns, access control etc.
Our security is world class and we follow all best in class procedures. Moreover our smart contract will be audited by Quantstamp who are the best in the industry and even audit huge DeFi projects like Synthetics.

Q5. I am a crypto investor and I only care about prospect of a crypto that I choose, tell me the reason why I should choose your token over any existing one? What is your token advantage that can convince me to change from my favorite token?

|Margarita

First of all, the main advantage to owning land plots is the yield that was built into them. In other words, passive income will be earned by Mars landlords simply by holding the lots.

Secondly, as our Mars Land are traditional NTF tokens they can be traded on any market place just like a normal NFT. Don’t forget that the value of NFT could also be increased by terraforming the lot.

The next stage will be renting, leasing and subleasing, then splitting and subdividing so you can sell off smaller parcels of your land as new, separate NFTs to new owners.

For the future, MARS4 visualises terraforming features that refer to initially developing and enhancing the land with space stations, oxygen production facilities, greenhouses to grow food and everything else you can imagine as Mars becomes more liveable.

In the economy on Mars everything will be available for MARS4 dollars. You can purchase additional value-enhancing avatars, certificates, and logos from in-game assets feature.

For Mars Land NFTs check this page - https://www.mars4.me/nft-sale
For MARS4 dollars check this page - https://www.mars4.me/token-sale

SEGMENT 3

Q1. Important qussion
How powerful is your team and what experience and background does your team have?

|Margarita

Our Core Team is world class, coming from companies like PWC, LinkedIn, Salesforce, Swedbank. Notably, two of our team members helped build and launch the first marketplace on Second Life (the original Metaverse). In addition, similar to yourselves, we are early investors in Bitcoin, Ethereum and many newer smaller decentralized startups.

You can find our team members shown in the team page on our website. Find the link here - https://www.mars4.me/team.

Q2. Is this your project only for elite investors, how about others with small funds, is it open to everyone?

|Margarita

True believers and supporters who have invested in us or partnered in some way include names like OKEx Blockdream Ventures, NGC, AU21, founders of Illuvium, CEO of Quantstamp, CEO of Bitcoin.com and many more. Find the full list on our medium story here - https://mars4-me.medium.com/who-are-the-supporters-behind-mars4-%EF%B8%8F-2804123ce890.

In addition to this, Mars4 has partnerships with SketchAR and DappRadar. With DappRadar we are already having a deep marketing partnership, while with SketchAR Mars4 has announced Martians888 Art Contest! We plan to drop the 888 Martian Avatars collection (imagine CryptoPunks / Pudgy Penguins on Mars!) after participants create these to win from 35,000 USDT reward pool!

Q3. Trust and security is very important very enaited of othr only for invect the power full for the project so what is the Audit status of your project?

|Margarita

Our security is world class and we follow all best in class procedures. Moreover our smart contract will be audited by Quantstamp who are the best in the industry and even audit huge DeFi projects like Synthetics.

Technically the system has been designed to be safe and secure, and we are spending all the necessary resources in order to ensure that the system matches the highest security standards. We are using a combination of various techniques like proxy contracts, separation of concerns, access control etc.

Q4.Could you please throw some light on your project name? What basically it represent and why you set this name?

|Margarita

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.

Q5. Can you share to us your tokenomics? How much is the total and circulation supply of your tokens? Will there be buy back system or token burning in the future?

Mars4 uses two tokens: MARS4 (ERC-20) audited by Quanstamp and Mars Land NFTs (ERC-721, both on ETH and MATIC). Supply is limited to 4B MARS4 tokens and 99,888 Mars4 NFTs.

Mars4 has dual tokenomics with a MARS4 tokens for gaming, trading, and NFT minting. After Mars4 Marketplace launch
4% of Metaverse transactions will be redistributed: 2% distributed to NFT holders, 2% locked to liquidity and staking programs.

Before the launch of Metaverse, epochs are introduced to redistribute passive income for Mars landlords. Each Epoch starts after a new 10,000 NFTs are sold. 51% of income from the Land NFTs are redistributed to the previous NFT owners, starting Epoch 1.

MARS4 tokens will play a key role in the metaverse's transaction processes. Each time users perform a transaction, the Mars4 NFT holders will earn a yield.

The project also has 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. Smart contract of Mars4 NFT is approved by BINANCE 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.

AMA FINISHED
Follow MARS4 sosial media

• Telegram Group Official :
http://t.me/mars4me_official

• Twitter :
https://twitter.com/mars4_me

• Website :
https://www.mars4.me

Thank you for trusting Cryptowid as the organizer of the event today hopefully everyone can understand about MARS4.
Join our Telegram Group and you can talk directly with other Communities and enjoy some of the event that we created. We are always here to support.

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Crypto News Id
Crypto News Id

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llll➤ https://cryptonews.my.id bringing the latest news Cryptocurrency, Blockchain and analyses on the future of money.

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