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Mars4 Metaverse NFTs Distributing In Next 24 Hours - Read To Know More!
2022-01-18 | Big Bob
Mars4 Metaverse, a one-of-a-kind initiative that tokenized the crust of the Red Planet, has revealed the results of its eye-watering NFT auction. Here's how GameFi's "early birds" may profit from their digital property holdings.
Mars4 NFTs were sold for $250,000, and Epoch 1 is now operational
As per the group driving the Mars4 Metaverse's formal release, the Mars4 NFTs drew a lot of interest from retail investors.
In only one day, the net volume of NFT sales topped $250,000. Several experienced and inexperienced NFT players sought to achieve the title of "Mars Landlord."
Theoretically, each Mars4 NFT reflects a spatially precise patch of land over the surface of Mars. NASA as well as other leading space research organizations gathered the information for this map. The surface of Mars has been rendered in 3D for a realistic exploring adventure.
With the sale of the first NFTs to investors, the Mars4 NFT environment launched an epoch-based incentive payout scheme. Holders who purchased Mars4 land NFTs throughout or prior to the present epoch (Epoch 1) would get 51% of the protocol's revenues in the following epoch (e.g., Epoch 2 for members of the previous Mars4 NFT sale).
All prizes will be delivered following the next NFT sale and would be valued in Mars4 Tokens or Mars4 Dollars. During Epoch 0 and Epoch 5, this mechanism would rule the tokenomics of the system. As a result, it is structured to prioritize investors who arrive at Mars4 Metaverse sooner.
Only token holders would live
Over 56,000 NFTs have been sold as of the beginning of Q1 2022, with just about 3,000 NFTs remaining accessible to investors in Epochs 2-5.
Mars4 NFTs will function as certifications for virtual sites on Mars as the technology as well as its ecosystem mature.
The tokens, along with Mars4 Dollars, would be incorporated in "survival packages," allowing their users to survive as well as prosper in a Mars-themed virtual environment.
On October 21, 2021, Mars4 NFTs became online on Ethereum. Mars4 Dollar, its primary native asset, has been integrated into the spot trading suites of CEX giant Bittrex and premier decentralized platform SushiSwap.
