MARS4 AMA Recap — 19/09/2021

Thank you to the Cryptowid for participating in Ask Me Anything (AMA) with MARS4 on September, 18th 2021 at 4pm UTC. This guest start :

Caroline — Executive assistant of COO

Live Telegram AMA

Q1. Could you please introduce yourself to the community?

| Caroline

My name is Caroline, I am executive assistant to the COO at Mars4.

I have graduated with a bachelor’s degree in economics and I am a former member of the Marketing Committee and Marketing Club in Eastern Europe organizations. Also, skilled in marketing and sales, my other experience includes areas of investment, finance, and audit.

Q2. We are so curious about Mars4! Please tell us about Mars4 in detail.

| Caroline

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.

Q3. Could you share a detailed tokenomics of Mars4?

| Caroline

Yes! Be ready for technical terms as well!
Mars4 uses two tokens: MARS4 (ERC-20) 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. MARS4 has balanced liquidity, as 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 NTF 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.

Q4. Can you share the achievements made so far? What are the major targets MARS4 has set to achieve? If possible, also share your roadmap.

| Caroline

At the moment, MARS4 dollars are live on Sushiswap’s MISO launchpad. Tokens are available HERE. Find everything you need to know about this sale HERE.
What is more, Mars4 has sold more than 40,000 Mars Land NFTs in its private presale. Sale is planned to be opened in a few days from now, so keep yourself updated and follow the news - https://t.me/mars4me_news.
In 2021 Q4 our steps include the auction for Olympus Hill Super Rare NF. Also the partnership SketchAR for a creative project (Financed by Snap and BoostVC) to drop a 10,000 Martian Avatars collection (imagine CryptoPunks / Pudgy Penguins on Mars!). 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.

Q5. Could you share a bit about security and also what benefits you provide to incentives user’s choosing your platform?

|Caroline

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 variuos techniques like proxy contracts, separation of concers, access control etc. We are also looking into new and promising protocols like Lossless. Audits will be crucially important part as well, we are looking for service providers who can help us with that.

Q6. What are the benefits and advantages of obtaining and owning a land plot? What are the use cases of MARS4 dollars?

| Caroline

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. 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/token-sale

Q1. The MARS4 project NFTs have a passive income feature so could you explain to me how the passive income of MARS4 NFTs will work? Will each NFT have its own passive income percentage or will it be a standard for all NFT lands?

| Caroline

Sure, I can explain to you in detail!

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 yield. The yield will depend on the size of the lot. For the same size land plot the percentage earned will be the same. The project’s protocols will reward NFT owners for holding their units. 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.

Q2. What kind of partnerships with various projects/platforms/protocols can we expect from #Mars4 in the future? Can you give us some examples of how other projects can take advantage of #Mars4?

| Caroline

A creative project with SketchAR is planned to drop a 10,000 Martian Avatars collection. You can imagine it similar to the idea of CryptoPunks or Pudgy Penguins, but only on Mars! This project will be financed by Snap and BoostVC. Other upcoming partnerships include Illuvium!! We plan to work against in-game development with them! Lots of partnerships are still in the process of creation, thus I cannot disclose more of them at the moment. However, regarding the advantage of Mars4, I believe is the idea and our product - Virtual World on Mars.

Q3. The concept of the project is a metaverse with multiple terrains but I would like to know if you plan to develop other DeFi proposals within the Mars4 ecosystem to create a diversified economy comparable to other metaverses such as decentraland?

| Caroline

The DeFi elements include the yield that all Mars Land holders earn as passive income (derived from a fee on all transactions in the Mars4 marketplace ) and in future we will announce a staking programme.

Q4. The NFTs on your platform are the tool of everything, they can be used for trading, battle and gaming but how versatile they can be? is there a way to improve the NFTs with extra items and get better stats and price or fractionalize them for trading?

| Caroline

You’ve got it right! Terraforming feature will be introduced so that NFTs could be upgraded and their values enhanced. You’ll surely be able to build not only a simple house, but a real Martian empire with subtle details creating the World on Mars even more interesting.

Q5. Smart contracts are vulnerable to bugs, and even recently three big new DeFi projects were victims of this, costing users funds. How efficient and secured is your smart contract, and did you ever audit it via any external party?

| Caroline

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

Q1. Can you give an Overview of your Tokenomics, and the Utility of Tokens?

| Caroline

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
ERC20: 0x16CDA4028e9E872a38AcB903176719299beAed87

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
ERC20: 0xdf9Aa1012Fa49DC1d2a306e3e65EF1797d2b5fBb

The project has a fixed supply of 99,888 NFTs representing the surface of Mars. Mars Land are traditional NTF 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.

GET MARS4 TOKEN HERE
Buy your Mars Land NFT from Sep 19 HERE

Q2. Revenue is an important aspect for all projects to survive and maintain the project/company. How have you been able to build a complete project and what is the way to generate profit/revenue of the token? What is the income model?

| Caroline

Mars4 will have several revenue streams after the IDO. There will be a transaction fee on all activity in the marketplace and game world. Also when we launch P2E we expect there to be a very high volume of transactions. Finally we will be doing large auctions of the Rare and Super rare NFTs, generating a large amount of revenue for game development.

Q3. Is your project a global project ? What are your plans to make your project best in the crypto world?

| Caroline

Mars4 is GLOBAL project! Everyone from young to old, from beginners to crypto enthusiasts can join us and our community! We do already have communities all around the Globe and you can join those as well. For non english speakers it is a perfect opportunity to still get onboarded to Mars!!

We have already entered the markets of:
Mars4 Japan ✨ https://t.me/MARS4japan
Mars4 Poland ✨https://t.me/mars4poland
Mars4 Russia ✨ https://t.me/mars4russia
Mars4 South Korea ✨https://t.me/mars4southkorea
Mars4 Vietnam ✨ https://t.me/mars4VN
Mars4 China ✨ https://t.me/mars4china
Mars4 Turkey ✨ https://t.me/mars4turkey
Mars4 India ✨ https://t.me/mars4india

And our main Telegram channel:
✨ https://t.me/mars4me_official

Q4. Could you please explain about your team? Are they experienced team experts? Explain about the team members and the experience?

| Caroline

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.

Q5. Roadmap please. What has been done so far? Many projects promise a lot but who knows when the products are live

| Caroline

At the moment, MARS4 dollars are live on Sushiswap’s MISO launchpad. Tokens are available here - https://miso.sushi.com/auctions/0x9FB256ef5465B33a766ecE2F319C178376f6BBF8. Find everything you need to know about this sale here - (https://mars4-me.medium.com/mars4-is-live-on-miso-%EF%B8%8F-696ca876aeeb).

What is more, Mars4 has sold more than 40,000 Mars Land NFTs in its private presale. Sale is planned to be opened in a few days from now, so keep yourself updated and follow the news - https://t.me/mars4me_news.

In 2021 Q4 our steps include the auction for Olympus Hill Super Rare NF. Also the partnership SketchAR for a creative project (Financed by Snap and BoostVC) to drop a 10,000 Martian Avatars collection (imagine CryptoPunks / Pudgy Penguins on Mars!).

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.

Follow MARS4 Social media :

  • Telegram Group

https://t.me/mars4me_official

  • Twitter

https://twitter.com/mars4_me?s=09

  • Medium

https://mars4-me.medium.com/

  • Website

http://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 events that we created. We are always here to support.

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