Mars4 x Satoshi Club AMA Recap from the 29th of September

Mars4 x Satoshi Club AMA Recap from the 29th of September

Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Mars4 and our guest, @sir_pauly. The AMA took place on the 29th of September.

The AMA session was divided into 3 parts with a total crypto reward pool of 500$.

In this AMA Recap, we will try to summarise the most interesting points for you.

Part 1 — introduction and questions from the Telegram&WebSite

D. | Satoshi Club: Hello Satoshi Club! we are happy to introduce you another episode of AMA! Today we are welcoming Mars4 project and our guest – @sir_pauly, here, in Satoshi Club!

Jonah 🏅🎹 | Satoshi Club: Hello, welcome to Satoshi club👏

D. | Satoshi Club: Welcome, @sir_pauly!😊 How are you?

Paul S: Hello everyone!! It’s so nice to be here!

I’m perfect, was looking for this AMA for so long!

Jonah 🏅🎹 | Satoshi Club: We are glad and excited to have you here today Paul😊

D. | Satoshi Club: Awesome! And we are very gland that you are here today😊

So let’s start the AMA with an intro! @sir_pauly, please tell Satoshi Club about yourself and Mars4 project🚀

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 start´-ups. In my career, I have launched the first marketplace in Second Life.

Mars4 – centred ecosystem where you can explore a virtual Mars Metaverse, own and customize your land property with MARS4 dollars 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 modelled 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.

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.

Jonah 🏅🎹 | Satoshi Club: Thank you for the introduction. I see you have a great marketing and community building background. By the way, how many members are in your team?

Paul S: More than 20 employees, growing on the daily basis!

Jonah 🏅🎹 | Satoshi Club: Awesome! I also want to ask how many game studios have you met already?

Paul S: At the moment with a few only, we have met 3 game studios at the moment!

D. | Satoshi Club: Great for the start🙌

Jonah 🏅🎹 | Satoshi Club: Yeah!

D. | Satoshi Club: Sounds cool! So we can call Mars4 a gaming project? The main purpose of the project is entertaining its users?

Paul S: The main goal is to create Mars Metaverse, so yes! You are right! People will be able to game there, as we are already meeting with game studios and are excited ourselves!

D. | Satoshi Club: Nice! Is this the first experience for you to work with a project related to the game industry?

Paul S: I haven’t worked with projects with game studios myself, however we do have world-class advisors from Illuvium!

D. | Satoshi Club: Illuvium is a top project👍

@sir_pauly, I appreciate you for the nice intro! Do you want to add something else or we can open the first part of our AMA?

Paul S: We can start with the first part!

Q1 from Telegram user @splend6ty:

From your medium I read that the Mars4 project enables people to actually invest and buy land plots using the MARS4 tokens. By purchasing these NFTs, owning a plot is made convenient. You also said that the planet is divided, giving different people a chance to get a unique land for themselves. What do you mean by that? How can a mass project enable someone to BUY and OWN a plot of land by using MARS4 tokens? What does it mean for a user to own this unique NFT? How much NFT MARS4 tokens can someone invest in order to meet up to buy a plot of land?

Paul S: The project also has 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.

You can explore our Virtual Mars on our Ecommerce site and find the grid line dividing the lots into 99,888 pieces. The mission of Mars4 is to enable humanity to explore Mars no matter who they are and what they do.

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.

MARS4 Tokens that will be available on SushiSwap, will be used to buy these Mars Land plots. There is no fixed amount of MARS4 dollars that will be used to buy lots, as it will matter on the value of the token when it launches on exchanges.

You will be able to get tokens here: https://app.sushi.com/swap

Jonah 🏅🎹 | Satoshi Club: Was there any specific reason why Mars was chosen amongst other planets?

Paul S: Mars is the planet the most similar to Earth, there was also found evidence suggesting on previous civilizations! It is really very interesting, we still find stories and legends about the land on Mars till this day!

Jonah 🏅🎹 | Satoshi Club: Interesting, I hope I can go there myself one day😁

D. | Satoshi Club: When will the MARS4 token be listed on SushiSwap?

Paul S: Actually, we have already announced that MARS4 dollars are already available on SushiSwap! Just was checking if you are interested, haha!

D. | Satoshi Club: Oh nice!👏

Paul S: Everyone can already participate on SushiSwap here: https://app.sushi.com/swap

Don’t miss the opportunity to become a Martian! More about our tokens can be found here: https://www.mars4.me/token-sale

D. | Satoshi Club: How many lands are allocated for the team and maybe for some marketing events in the future? Is it possible to win a land via participating in some sorts of activities?

Paul S: We do organise events on our platforms, for example as there were contests of stickers, memes, content and many more. We found out how loyal and creative our community is, while they got the chances to get NFTs!

D. | Satoshi Club: Thank you! Let’s go to the next question!🚀

Q2 from Telegram user @bigboicity12:

NFTs on your platform are the engine of everything, they can be used for trading, fighting and gaming, but how versatile can they be? Is there a way to improve NFT with extra items and get better stats and prices or split them up for trading? Do Mars Land owners have full freedom to conduct all economic activities such as subleasing and leasing their land to builders, architects, creators and artists?

Paul S: 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. You will also be able to purchase additional value-enhancing avatars, certificates, and logos from its in-game assets feature.

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 really high liquid economy from day 1 due to the income from the land that’s built into our tokenomics. With land scarcity and value you can imagine that conflicts and political rivalries will spice things up!

Mars Land owners will have complete freedom to conduct all economic activities, like subletting and renting out their land to builders, architects, creators and artists . The only condition is that all rent and payment within our Metaverse use MARS4 (Mars dollars).

D. | Satoshi Club: Have you implemented any fighting mechanics in the game? If so, how it looks like, do people need to have any special battle NFTs for this?

Paul S: We still don’t announce anything about the gamification feature as it is not a quick step!

D. | Satoshi Club: So don’t forget to share news with us about gamification aspects, when they will be available😊

Jonah 🏅🎹 | Satoshi Club: Alright, is the MARS4 dollars pegged to anything?

Paul S: No, it is not.

D. | Satoshi Club: Gotcha!👍 Thank you for answers! Let’s proceed to the next question😇

Q3 from Telegram user @linnlinnn197:

I read the Mars4 litepaper and found that 25% of the total supply will be sold in the Private Sale round to VCs, while the Community and Public round sales are only 1% and 5% respectively. Dividing up to 25% to the whales will easily lead to manipulation and control of the $MARS token price in their favour. Has Mars4 thought about this and what is the mechanism to prevent whales manipulating the price of governance tokens?

Paul S: First of all, Mars4 has high quality long term investors that are only interested in the long term value.

Secondly, strict lockups for VCs are introduced. In other words, vesting schedules.

And lastly, the Mars Land NFTs will be the governance token and the community already owns a lot more of them than VCs.

D. | Satoshi Club: Can you share the vesting schedules with us?

Paul S: Here it is!

D. | Satoshi Club: Btw, is your project based on dual token system? One of them is governance token, what is the purpose of the other?

Paul S: Mars Land NFTs are the land plots on which Martians will be able to build their empires. MARS4 are the dollars with which everyone will be purchasing anything they wish on Mars!

D. | Satoshi Club: Awesome!😊 Thank you for answers! Eeady for the next question?

Q4 from Telegram user @captainprice111:

Nowadays, people have difficulty in trusting projects, can you tell us about the security level of the Mars4 platform so that we can trust you? Smart contracts are open to certain risks and dangers, in fact, the audits are not enough for security in my opinion, but has Mars4 passed third party audit, is there a report? Code security and people’s investments are secured. What are you doing to get it?

Paul S: 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 audited huge De-Fi projects like Synthetics.

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 various techniques like proxy contracts, separation of concerns, access control etc. We are also looking into new and promising protocols like Lossless.

Jonah 🏅🎹 | Satoshi Club: Quantstamp is a great choice👏

D. | Satoshi Club: Yep, well-known firm👌

Jonah 🏅🎹 | Satoshi Club: Will you do more audits?

D. | Satoshi Club: The more audits the better👀

Paul S: We will, however we are now concentrating on the first one with Quanstamp.

D. | Satoshi Club: Gotcha👍

Jonah 🏅🎹 | Satoshi Club: Great, let’s proceed!

Q5 from Telegram user @Cheriemike:

In Q3/4 of your roadmap, you will have an auction event for Olympus Mons NFT & other SuperRare NFTs. We are close to the beginning of Q4, so when will the auction take place? What will be the starting price for the auction NFT? You also plan to launch a collection of 10,000 Martian Avatar NFTs, when will they be available and what will be the start-up price for them? Do you currently have any that is available? If yes, can we have a sneak peek of it?

Paul S: Thank you for the strong question, I can feel your interest in the upcoming events!

Unfortunately, I still can’t share the details of the auctions and Martian Avatars collection. These are in the process of being created and the team is preparing huge events for you. Keep yourself updated and join our announcements channel here: https://t.me/mars4me_news

Jonah 🏅🎹 | Satoshi Club: Satoshi clubbers…🚀🚀

D. | Satoshi Club: I assume all the 10,000 Martian Avatar NFTs will be unique and not easy to get😉 It will be interesting to try to get one😁

Thank you for your answers Paul! Let’s proceed to the last question from part 1!🚀

Q6 from Telegram user @RosemaryBianco:

It strikes me that your theme has been completely based on Mars, but in the future do you plan to add other NFTs with themes from other planets? Have you also thought about connecting with astronauts and experts to achieve something bigger and more physical with Mars?

D. | Satoshi Club: Any collaboration with Elon Musk?👀

Paul S: It is a perfect question, thank you for that! However, right now we are concentrating on Mars only. It has an incredible amount of features that still can be utilized and I can assure the community that an astonishing journey on Mars awaits!

D. | Satoshi Club: Yeah, the red planet has lots of mysteries!

Paul S: We would love to collaborate with Elon Musk for sure, and we are trying to get his attention! You can also find a lot on Mars named after him!

Jonah 🏅🎹 | Satoshi Club: That’s nice😊

D. | Satoshi Club: @sir_pauly big thank you for all the answers and info in part 1! It was great journey! Now it’s time for the second part😊

Paul S: It was the same for me! Super interesting questions!

Jonah 🏅🎹 | Satoshi Club: Thank you for your answers in this first part. We now proceed to the second part of our AMA: live questions. Our members are eager to ask you questions directly!

Paul S: Let’s go, can’t wait to hear it!

Part 2 — live questions from the Telegram community

Q1 from Telegram user @Jodasf:

I have read that MARS4 is a metaverse with dual tokenomics, which allows users to create and experience the Red Planet while earning income through income generating Mars Land NFT parcels. So, could you give us more details of the two tokens: MARS4 Tokens and Mars Land NFT? Tell us, what are their utilities, benefits and opportunities?

Paul S: 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
  • ERC20: 0x16CDA4028e9E872a38AcB903176719299beAed87

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 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
  • ERC20: 0xdf9Aa1012Fa49DC1d2a306e3e65EF1797d2b5fBb

The project has a fixed supply of 99,888 NFTs representing the surface of Mars. Mars Land are traditional NTF tokens that 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.

Q2 from Telegram user @KeymerS:

What guarantee do we really have that Mars4 is not just another scam project or that they won’t end up doing rug pull? Could it be that they have already been audited by large companies that validate the commitment and operation of your project?

Paul S: 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 audited huge De-Fi projects like Synthetics.

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 various techniques like proxy contracts, separation of concerns, access control etc. We are also looking into new and promising protocols like Lossless.

Q3 from Telegram user @feranno:

How will the Mars4 project generate income for rapid development in line with the roadmap?

Paul S: Mars4 will have several revenue streams after the IDO. There will be a transaction fee on all activities 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.

Q4 from Telegram user @captainprice111:

Can you tell us about the team members of the Mars4 platform? How many people do you have in your team? Is their experience and knowledge enough to develop Mars4 and revolutionize the crypto space?

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.

Q5 from Telegram user @Robotliker1:

Will your project support in a global level? Can players from global level play the game or will there be any kind of restrictions?

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:

And our main Telegram channels:

Q6 from Telegram user @Tahsinahmett:

What makes you think that metaverses will not be a short-term fashion, a temporary mega trend? Do you believe the virtual life of Mars Land will have strong financial implications in real life?

Paul S: 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.

Our team 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, socialize and earn money.

Q7 from Telegram user @ethcypherpunk:

Does this project have governance as part or objective of your roadmap plan? Or some other way that the community can genuinely feel their participation in the project?

Paul S: You can imagine a Decentraland on Mars, but with a decidedly sci-fi theme and a really high liquid economy from day 1 due to the income from the land that’s built into our tokenomics. With land scarcity and value you can imagine that conflicts and political rivalries will spice things up!

Mars Land owners will have complete freedom to conduct all economic activities, like subletting and renting out their land to builders, architects, creators and artists . The only condition is that all rent and payment within our Metaverse use MARS4 (Mars dollars).

Q8 from Telegram user @soyestefanya:

What is this project currently working on to facilitate growth in the world of cryptocurrencies and allow many people to access this project? How do you incentivize the community?

Paul S: The easiest way for you to imagine what Mars4 seeks to achieve is Google Earth experience on Mars. The ability for a person to use Google Streetview is a goal for the Mars4 project. At the moment we have a virtual representation of Mars that each of you can explore! Find it here: https://app.mars4.me/

The following step that we want to implement is “Streetview”, like it is on Google Maps. People then could “walk” on the surface of Mars and imagine themselves being Martians!

Q9 from Telegram user @dinukanuwan:

Can you list 3 killer features of your project that make it ahead of competitors? What are the competitive advantages that you feel most confident about?

Paul S: Our unique competitive advantage lies in a few aspects: Mars4 has a yield generating system that ensures each transaction of MARS4 tokens within our world, redistributes tokens to the NFT holders so they earn a passive income just from holding. We will also allow them to customize and Terraform their Mars Land NFT territory and as the Decentraland gamification/simulation elements evolve, they will be able to earn additional income e-pay subletting and renting out their Mars Land holdings to builders, architects, business owners and artists, facilitating a thriving in world economy.

Q10 from Telegram user @BJosefina61:

What is your degree of confidence that this project has the opportunity to be listed on centralized exchanges? Are you pushing for it?

Paul S: We have already listed on SushiSwap, we have 100% confidence in this aspect. Mars4 is planning to be listed on the top exchanges!

Part 3 – Quiz Results

As usual, for the third part, Satoshi Club Team asked the chat 4 questions about the crypto project. A link to a Quiz form was sent into the chat.

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