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All You Need to Know About The Mars Metaverse Project

Mars Metaverse Project

The rising technology communities and companies are focusing on building advanced metaverse projects which benefit the users. To know about other metaverses, you can visit here for more information.

The Mars Metaverse is a project that’ll empower the artists, sportsmen, building owners, and crypto experts to make their dreams come true. In Colony, an urban place where you may own real estate, buy and sell things, and even advertise, perform, and play games, Mars can help you become the people you want to meet in real life.

What is a metaverse?

The term “metaverse” is derived from the prefix “meta” (meaning “beyond”) and the stem “verse” (a back-formation from “universe”). It is most commonly used to describe the concept of a future iteration of the internet, consisting of persistent, 3D virtual spaces linked into a perceived virtual universe.

Users generate UGC (User Generated Content) in the metaverse, which is a commodity distributed through a crypto currency.

Since Linden Lab’s ‘Second Life,’ a virtual world developed in the United States, and has interest in the metaverse increased.  The metaverse world was originally meant to refer to virtual reality, but it is now used as a more sophisticated virtual world of things.

The Currency in Mars Metaverse:

Token of Mars (MRST)

The Mars’ metaverse platform uses MRST as its primary currency. It must be released in the amount of 50 billion dollars, and no additional issuance is planned. The metaverse platform will issue 40 billion dollars, or 80% of the total issuance, over a period of 30 years.

Token of Phobos (PBOS)

The Mars’ governance token is PBOS. There is no limit to the number of issuances, and only 10,000 are generated every five years in Colonies across the world. (3,650,000 each year during a five-year period, 3,660,000 in a leap year)

Overview of The Mars Metaverse:

Many science-fiction books have been written about a human migration to another planet. Elon Musk, the CEO of Tesla, is already working on such a move. Now he has set the stage on a Mars backdrop with his “The Mars” platform. It allows users to experience Mars in advance, despite its remote location in space.

Benefits of The Mars Metaverse:

The metaverse will have major impact on the digital world, especially the cryptocurrency. It will enable the users to explore the Colony, make connections and convert their dreams into reality. The metaverse will work on the agenda of PLAY TO EARN, which will be financially and socially benefitting to all the users.

That’s all you need to know about the metaverse before it launches, take the step and build your future with the digital world.

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