November 9-th held an Ask Me Anything session at ICO Speaks telegram chat. From the MARS 4 side there was:
💻 Margarita Mars4 | Marketing Manager | @maritayshk
Can you introduce yourself as well as briefly introduce #MARS4 to the community?
My name is Margarita and I am a Marketing manager at Mars4. My background is as Seasoned Marketing and Ecommerce Executive. I am leading the EMEA expansion of the Super G children’s GPS watch brand. I am highly experienced in building and growing passionate communities of evangelists for crypto startups. In my career I have launched the first marketplace in Second Life.
Let’s get started!
Q: Can you tell us more about how #MARS4 works? What problems is #MARS4 solving in the blockchain?
A: I’d be happy to share: 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🙂
Q: What makes #MARS4 different from other projects in it’s field?
A: 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. On our website you can learn more about the information and all the benefits of the company and when the third part comes up ask me questions and I’ll be happy to answer – https://www.mars4.me
Q: Staking is very popular nowadays, What do you think about this and do you intend to develop and put it to use for #MARS4 ?
A: Staking is already available on SushiSwap. Ongoing staking program is for MARS4 and ETH owners, who can stake it on SushiSwap Farm https://app.sushi.com/farm and earn a $$$ everyday! 💵🙂
Q: What are the plans ahead to increase the value of $MARS in the market & to attract many people to trade & buy $MARS ?
A: Let me pass you some of the key arguments why MARS4 should be your selection:
– World class team. 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.
– Decentralised Autonomous Organization. You can imagine a Decentraland on Mars, but with a decidedly sci-fi theme and a real highly liquid economy from day 1 due to the income from the land that’s build into our tokenomics. With land scarce and valuable you can imagine that conflict and political rivalries will spice things up!
– Audit by Quantstamp. Check the full audit report here: https://certificate.quantstamp.com/view/mars-4-erc-20
– Long-term goals. The easiest way for you to imagine the long-term goal of what MARS4 seeks to achieve is the Google Earth experience on Mars. The ability for a person to use Google Street View is a goal for the Mars4 project. At the moment we have a virtual representation of Mars that each of you can explore and can participate in the journey of Mars4! Find it here: https://app.mars4.me/.
Q: What are your plans in coming Future?
A: 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. To elaborate, a creative project with SketchAR is planned (financed by Snap and BoostVC) to drop a 10,000 Martian Avatars collection (imagine CryptoPunks / Pudgy Penguins on Mars!). With DappRadar we are already having a deep marketing partnership.
Q: Can you please give some information about the security system of #mars4_me ?
A: Our security is world class and we follow all the best in class procedures. Moreover our smart contract is already audited by Quantstamp who are the best in the industry and even audit huge DeFi projects like Synthetics. Check the full audit report here: https://certificate.quantstamp.com/view/mars-4-erc-20
Q: MARS4me is auctioning its 99,888 Land Plots for its Mars Metaverse. What is the advantages and benefit of purchasing and owning a Land slot?
A: Okay, sure! 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.
Starting with the benefits, 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.
For Mars Land NFTs check this page
Q: What are its use-cases and can I sell it too in the future?
A: 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.
Q: 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?
A: 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. 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. 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.
Q: What was the biggest milestone your project has? What is plan in the future ?
A: Yes this has been a truly historic year for Mars4!
Things began to get really exciting when we launched our Pre-sale of Mars Land NFTs in the summer and sold over half of the total fixed supply in a matter to weeks to thousands of unique investors from every continent on earth.
In parallel we successfully closed our private sale and were delighted to have the majority of Tier 1 Venture Capital funds as investors.
We also had an extremely oversubscribed TGE event on SushiSwaps MISO launchpad.
Following on from the Mars Land presale, we have moved into an era of Epochs and introduced an NFT economy based on the concept of a “bonding curve” with continually increasing land prices divided into Epochs with Redistribution of income to the Land Holders.
After the successful TGE we listed on the SushiSwap DEX and are rolling out an Onsen staking program.
We are also thrilled to announce we have been successfully audited by Quantstamp.
Finally, we are delighted to have listed on our first Centralized Exchange (CEX) with this week’s listing on the prestigious Bittrex exchange!
Q: What is the meaning of the name of the project and why did you name it that way?
A: 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.
Q: How many team members do you have? Do they have enough experience in the blockchain field? Do they have any experience on working in crypto and non-crypto project?
A: 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.Q: How important is the community to Your project? and How can we collaborate or help share token for the development of the project?
ICOSpeaks hosted an AMA Session with the MARS4 Team. That’s all for today.
Thanks to all users who participated.
Thanks, MARS4 for being with us
Thanks, all and see you soon😉
Cheers 🥂
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