The red planet is a mystery to man and his obsession with it has created many legends and myths over the centuries.

As the US’s Perseverance rover lands on Mars and drills its first Martian rock core for NASA, interest in Mars is at an all-time high, and pioneers are dying to stake their claim on the Red Planet’s soils.

A meaningful approach for the visionary is to speculate on Mars’s value. You can do this by participating in the Mars4 non-fungible token (NFT) and land plot sale running on the Ethereum.

Mars4 project development details

Mars4 developers set out to combine the best aspects in Decentraland with Axie Infinity, like gamification perfection. The Mars4 lead team has worked in large corporations, such as Salesforce, PWC, and LinkedIn.

Its developers have vast experience in metaverse production. Their advisors include Stake capital and Illuvium.

Mars4 is a unique metaverse. 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.

Mars4 NFT owners can take a virtual trip to Mars and leverage gamification features to earn attractive yields while exploring the fourth planet. Mars4 is a project of the Mars4 Foundation, an organization that invests in space exploration, aerospace, and suborbital aerospace companies.

NFTs market potential

2021 is the year of the NFT market. The non-fungible token market is surging to new highs every other day, generating over $2.5 billion in sales in the first half of the year.

Mars4 NFTs are a part of the rising incursion of NFTs in the gaming sector. Here, NFTs present a unique membership card opportunity to one-of-a-kind metaverses that give token holders full control and ownership of domain activity.

How does Mars4 work?

Mars4 leverages token yield farming and gamification elements to create an attractive decentralized finance investment option. Additionally, Mars4 helps space exploration enthusiasts explore the red planet via its virtual platform.

Inside its metaverse are diverse adventures and fun activities that will keep its community-engaged as they generate passive income from its NFTs. The Mars 4 project has three fundamental elements.

• Its interactive Mars terrain 3D world is subdivided into plots. Each Mars4 NFT is a digital representation of these plots.
• A utility and governance token system that supports user incentives, transactions, trading, gaming and NFT minting processes.
• The Mars4 liquidity mining feature for NFT holders.

Mars4 virtual world

Its 3D virtual world is Mars4’s gamification aspect. Through it, you can explore Mars and buy land as NFTs. 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.

Each land parcel measures 559 square miles. On purchase, terraform your land to increase its value. You can purchase additional value-enhancing avatars, certificates, and logos from its in-game assets feature.

Mars4 utility and governance system

You can only buy Mars4 land parcels with MARS$ tokens at its public sale. There are 4 billion MARS$ tokens that are used to mint the platform’s 99,888 NFTs.

MARS$ 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 project’s protocols will reward NFT owners for holding their units.

NFT holder incentives will grow as the metaverse’s transactions increase. Mars4 NFTs are therefore an excellent long-term investment prospect and are available on Rarible and OpenSea.

Mars4 governance token system

One other unique feature of the Mars4 project is its decentralized autonomous organization (DAO). Mars4 NFT holders will become part of its governance community. Consequently, they will have a say on decisions such as auctions, policy updates, and contracts.

The Mars4 project has a deep community focus that will play a key role in its success and longevity. Mars4 NFT prices will vary as per the parcel of land’s uniqueness and scarcity factor.

Mars4 token sale

Mars4 is launching its Initial DEX Offering (IDO) on SushiSwap’s MISO Launchpad in September. Its private NFT sale will go live August 31, but there is an ongoing $175 per NFT private sale. Venture capitalists have bought off 11,000 NFTs. The public sale will follow on September 15.

Conclusion

The demand for Mars-related NFTs will rise as more exploration reveals Mars’s mastery. Mars4 NFTs are a rare combination of the NFT benefits of proof of ownership and passive income generation.

Unlike other NFT projects, Mars4 has revenue assurance from its NFT yield generating protocols. It is therefore not just an artistic and exploration medium for content creators, individuals, and businesses, but an excellent source of passive income.