On September 13, 2021, HC Capital’s community had the opportunity to exchange with Mr.Paul (@sir_pauly) – CMO Mars4 to join the AMA to provide useful information about Mars4.
This AMA is organized by HC Capital – The leading cryptocurrency community in Vietnam where investors and traders can receive the latest news and signals as well as discuss and share investment experience in the cryptocurrency space.
Part 1: Q&A from HC Capital team.
Part 2: Free Q&A with members.
Content of the AMA program
Part 1: Some questions from HC for Mars4
Jannie: Let’s start our AMA 🚀 . Today Ama will start now with Part 1: Some questions from HC for Mars4
Jannie: Could you give us a brief introduction about yourself and project Mars4?
Mr.Paul: Mars4 – centered ecosystem where you can explore a virtual Mars Metaverse, own and customize your land property 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.
Jannie: Could you give us some highlights about Mars4?
Mr.Paul: Mars4 has already finished its Private Sale of Mars Land NFTs!!
The biggest upcoming milestone is launching the Initial DEX Offering (IDO) on SushiSwap’s MISO Launchpad on September 15! It will also be live on gate.io, check more information here https://www.gate.io/en/startup/183.
Jannie: The trend these days is obviously NFT gaming – especially the ones with P2E. Can you explain more about Mars4 ’s Play to Earn mechanism?
Mr.Paul: Mars4 is now meeting game studios and already have shortlisted 2 to ensure we launch the Mars4 game till end of the year/latest 1Q 2022. Our colleagues are working now on Play to Earn strategy. More information will be disclosed later this year.
Jannie: At the moment, where you are focusing right now? Building and developing product or getting customers and users, or partnerships? Could you please share it to us?
Mr.Paul: Our team is working hard on each of these aspects. Starting from the community and building its trust with management of emails, social platforms, publications and arranging AMAs all around the Globe.
Mars4 programmers and colleagues from technology team are strongly working on further developments of our Virtual World on Mars and moving forward with plans regarding P2E strategy and gaming studios.
We do expand our partnerships globally as well! You can find the huge list of believers and supporters of Mars4 here: https://mars4-me.medium.com/who-are-the-supporters-behind-mars4-%EF%B8%8F-2804123ce890
Jannie: What are the future development plans for Mars4 ?
Mr.Paul: It is really important question!
In 2021 Q4 our steps include the auction for Olympus Hill Super Rare NF.
In 2022 we will work with partners and scale own team to provide you Mars4.me game exploration, P2E implementation, customise & personalise your landholdings with in-game assets (create events, your NFT gallery on Mars, launch business, create tools to populate your land), also multi-blockchain support. Also will be working on DAO implementation.
Jannie: Thank you so much, I wish SoccerHub always success in the future
Part 2: Free Q&A with members.
@PamulaThomson: 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?
Mr.Paul: 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 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.
@Phifft: How safe is your platform? Has there been any Audit so that its safe from bugs and smart contract is fully audited
Mr.Paul: 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.
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.
@XeniaMason: Revenue is an important aspect for all projects to survive and maintain the project / company. What are your plans and ways to generate profit / revenue of token? In regard to this please explain your income model?
Mr.Paul: 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.
@FazyTazyTraLaLa: what is the background, of the your project, team do you think team’s qualifications, and experience, able to support the long-term development, of the project?
Mr.Paul: Our Core Team is world class, coming from companies like PWC, LinkedIn, Salesforce, Swedbank, Iron Wolf Capital (one of the largest VC funds in Northern Europe). 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.
@mcoichungt: What are plans in for global expansion? Are you focusing on market at this time or focus on building and developing or getting customers and users, or partnerships?
Mr.Paul: 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:
– Japan https://t.me/MARS4japan
– China https://t.me/mars4china
– Russia https://t.me/mars4russia
– Poland https://t.me/mars4poland
– South Korea https://t.me/mars4southkorea
– Vietnam https://t.me/mars4VN
And our main Telegram channel:
We also do have partnerships all over the World. You can find the full list of believers here: https://mars4-me.medium.com/who-are-the-supporters-behind-mars4-%EF%B8%8F-2804123ce890
@Ender6600: Metaverse may be called the new generation of Internet or the next generation of Internet. The concept of Metaverse and GameFi has emerged. The market is fiercely competitive and the survival of the fittest. Can you bring us surprises? What are the differences with other?
Mr.Paul: The Metaverse sector is exploding in popularity with several high quality Blockchain projects like Decentraland and Sandbox going from strength to strength and even traditional technology companies like Facebook seeking to get involved. We believe Mars4 has captured the imagination of people around the world and our thousands of individual buyers of Mars Land are excited to participate in our science fiction flavoured virtual experience.
We believe Metaverses are not a short term fashion, but a Mega Trend that will be with us for decades as humanity spends more of its life in Digital worlds. We are early to this trend and will continue to adapt and improve the gaming and virtual experience so Mars remains the premier destination in the Metaverse to play , socialise, and earn money.
Our unique competitive advantage lies in a few aspects: Mars4 has a yield generating system that ensures each transaction of MARS$ Tokens (Mars Dollars) within our world redistributes tokens to the NFT holders so they earn a passive income just from holding. We will also allow them to customise and Terraform their Mars Land NFT territory and as the Decentraland gamification/simulation elements evolve they will be able to earn additional income ebay subletting and renting out their Mars Land holdings to builders, architects, business owners and artists, facilitating a thriving in world economy.
@silver1black: Q.1-Increasing Token price 2- make Token Valuable 3-Building Community Trust From 3 aspects above,. I want to ask,. Which one the most important for you?? If all above are important for you,. Which one that Will you do first?
Mr.Paul: Building community trust is the most valuable as it cannot be faked like the others. However – we believe that we must deliver on all three and have strategies and plans in place to increase Token Price, make the Token valuable, Empower the development of the platform, build community trust and expand partnerships.
We are working on each of these very strongly. Starting with further developments of our virtual Mars platform and moving forward with plans regarding P2E strategy and gaming studios.
As I already answered for the other member, we do expand our partnerships globally as well! Find the huge list of believers and supporters of Mars4 here: https://mars4-me.medium.com/who-are-the-supporters-behind-mars4-%EF%B8%8F-2804123ce890
@MarcosStreeter: Regarding about the current market situation is too unstable, holding back investors.. So can you give me some good reasons why I should buy your tokens in this market situation? And also why should your token holder keep holding?
Mr.Paul: Let me explain in detail! Interactive Mars terrain 3D world is subdivided into plots. Each Mars4 NFT is a digital representation of these plots. These NFTs will earn yield via the project’s liquidity mining feature.
Mars4 has 99,888 unique and rare Real Estate NFTs that symbolize Mars’ rovers landing sites and its most popular geographical features.
As our 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.
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.
As the work progresses we expect settlements to grow into towns and communities (eventually cities!) with self contained economies , inter region trade , financial services , entertainment, art and cultural facilities, space and science academies.
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!
Mars Land owners will have complete freedom to conduct all economic activity like subletting and renting out their land to builders, architects, creators and artists for example. The only condition is that all rent and payment within our Metaverse use MARS$ (Mars dollars).
MARS$ tokens will play a key role in the metaverse’s transaction processes. Everything on Mars could be bought, leased or sold with MARS$. Each time users perform a transaction, the Mars4 NFT holders will earn a yield.
From September 15th Mars Land NFTs will be only available for MARS4 tokens! We are launching our token on MISO launchpad, September 15th, 9 AM UTC!!!
Jannie: Amazing Q&A! Thank you @sir_pauly for this great AMA👏 and good luck with Mars4.
Hope this AMA Recap will let you understand more about MARS4. Thank you for following AMA Recap and for your companion also HC Capital!