we hosted an amazing AMA with Mars4 on the 13th of September
And here we will put some of the best questions:
Q1. Can you introduce yourself to our community?
Paul S :- My name is Paul and I am a Chief Marketing Officer 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.
Q2. Can you briefly tell us what is MARS4 ?
Paul S: 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.
Q3) Let’s now talk about the milestones you have achieved so far and about your upcoming plans?
Paul S: 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.
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.
Q4. Every project has a story behind their name, Can you tell us more about the story behind this? Who are the team behind this project? can tell us their background?
Paul S: 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.
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.
Q5. DeFi is one of the hottest and most sought-after topics in the blockchain space right now. Can you share your opinion on DeFi with us? Do you think DeFi will disrupt the current financial system? What is MARS4’s approach to the DeFi sector?
Paul S: Yes we are strong believers in DeFi, and in fact one of our advisors brothers is the founder of Synthetics. We have taken the best practices in terms if staking and liquidity mining from DeFi and implemented in our Metaverse and land. We believe that DeFi will disrupt the legacy financial system , not only on Earth but also on Mars!
And here we will put best questions from our members and Mars4 fans:
Q1) Which one of these aspects important for you?
1-Increasing Token Price&Value
2-Empowering Platform Development
3-Building Community Trust
4-Expanding Partnership Globally
In what order?
Paul S: Building community trust is the most valuable as it cannot be faked like the others. However – we believe that we must deliver on all four 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.
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
Q2) MARS4 is a pretty cool token (of course we’d say that!) but it has been on an interesting journey over the last couple of months. Can you describe MARS4 token model- how does it work and what are the expected value drivers for it?
Paul S: MARS4 has balanced liquidity, as 4% of Metaverse transactions are redistributed: 2% distributed to NFT holders, 2% locked to liquidity and staking programs. Tokens are consumed to mint yield generating NFTs. The max MARS$ supply is 4,000,000,000.
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.
Thus, besides Trading with token you will be able to do a lot of things in Mars4 with your Land, like get and share certificate of your ownership, put billboard, change name, put avatars, other NFT’s, VR/AR and later will be more and more gamification developed to make entertaining time spending there.
Q3) How do you plan to spread MARS4 to different countries where English is not good? Do you have a local community for them to use to better understand MARS4 ?
Paul S: MARS4 uses a GLOBAL marketing strategy to implement community expansion!
Starting with worldwide influencers, publications such as Bitcoin.com (https://news.bitcoin.com/mars4-high-liquidity-mars-token-and-revenue-generating-mars-terrain-nfts/) or Cointelegraph (https://cointelegraph.com/news/one-nft-project-believes-mars-might-be-the-top-p2e-destination-in-the-metaverse/amp) and AMAs all around the Globe!
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,
With each of the community we speak their native languages and share the latest news. New communities are on the way, if you want to be a community manager of you country, please contact us! Our email is marketing@mars4.me.
Q4) I could read that the PUBLIC SALE will be from 2021-09-15, but where will that sale really start? will it only be in Dex? or will they also launch it in exchange Cex?
Paul S: Mars4 is launching its Initial Coin Offering (IDO) on SushiSwap’s MISO Launchpad and gate.io on September 15, 9 AM UTC.
You can find more information here: https://www.gate.io/en/startup/183
Also, more information is coming soon on our social platforms! Don’t miss the news and join https://t.me/mars4me_news!
Q5) I understand that they are going to trade NFT lands from a Virtual Mars, but could you really tell us the utilities that I will be able to take advantage of from those lands? Could they really be extremely profitable and allow me to recover the investment quickly?
Paul S: 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 MARS4.
We have sold more than 40,000 NFTs in our Private Sale! Now you will be able to buy Mars Land NFTs for MARS4 tokens that are going live on September 15th on MISO and gate.io!
Q6) Do you have AUDIT credentials or are you working to AUDIT your project,” to make it more than isecure and reliable?
Paul S: Our smart contract will be audited by Quantstamp who are the best in the industry and even audit huge DeFi projects like Synthetics.
Q7) Nowadays, crypto hacks and attacks have increased significantly. How secure is your project from hacking? What steps or measures have you taken to avoid this?
Paul S: Surely, security is very important these days!
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.
Our security is world class and we follow all best in class procedures.
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.
Q8) Can you tell us about the team? Has the experience and background of a group been instrumental in the success of your project thus far?
Paul S: 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.
Q9) Is your project available to global people or is it limited to certain regions? If it is available globally, do you plan to offer it globally?
Paul S: 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:
Q10) Community is a key element for any project if you want to be successful, how can you ensure that the community is shared in governance? Do we need to place bets to get votes or do we need to run nodes?
Paul S: 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.
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. They will be able to have their say in the governance desicions as Mars4 seeks to accomplish DAO!! The only condition is that all rent and payment within our Metaverse use MARS4 (Mars dollars).
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.
Q11) What is the idea can of creating all your project? What are the men problems that you would want to solve?What are your business pal revenue model and how will your project make money?
Paul S:
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.
Q12) Can I buy your tokens right now, and if so, which wallets do yoou support? Can you tell me about your team’s history? How will you and your team complete this project in the midst of the current pandemic (COV-19)?Where does the project name come from? What does it mean for you and why did you choose that name for your project?
Paul S: You will be able to buy our MARS4 token on MISO and gate.io on September 15th, 9 AM UTC! More information will be published in upcoming hours!
And this was the end of our AMA with Mars4
If you have any other questions you can ask here:
ℹ️ℹ️ Useful links ℹ️ℹ️
Website :- https://www.mars4.me/
Medium :- https://mars4-me.medium.com/
Twitter :- https://twitter.com/MARS4_me
Facebook :- https://www.facebook.com/mars4.me
Linkedin :- https://www.linkedin.com/company/mars4-foundation
Instagram :- https://www.instagram.com/mars4.me/