Mars4 Gains Traction Among the NFT Community

Venture capital firms Exnetwork and AngelONE take notice

Mars4, an Ethereum-based play-to-earn opportunity focused on the Red Planet, has seen an uptick in user activity in the past week. According to DappRadar data, the platform has attracted 30% more users compared to the previous seven-day period, boosting the number of processed transactions as well. Mars4 has not yet launched full functionality and gameplay. However, users can now sign up for the waiting list for various NFTs through the in-house marketplace. 

Registrations on the platform were additionally boosted by a series of contests and giveaways Mars4 organized. Recently, players and NFT collectors had the opportunity to participate in a sticker creation contest. The contest brought winners NFTs worth upwards of $1,500. 

With the official launch of the NFT marketplace, Mars4 is steadily moving towards the platform’s full launch. According to the official roadmap, Mars4 NFTs will start bringing yield rewards to their owners towards the end of 2021. This is one of the major decentralized finance features of the platform. Through a yield generating mechanic tied to NFT ownership, land plot owners will be able to claim a percentage of the value of all transactions processed by the platform. 

Mars4 attracts VCs as well

As the Mars4 platform attracts more community attention, venture capital firms in the crypto space are also taking notice. The team behind the game has already successfully closed a seed investment round, attracting VCs like Exnetwork, AngelONE, OSAZ, and Hello Capital. 

Exnetwork Capital is an investment firm focusing on providing funding innovation in the decentralization movement. A hybrid hyperconnected fund, idea lab, and incubator, Exnetwork Capital has been a key player in the success of numerous projects launched since 2018.

AngelONE is another big contributor to the current success of the Mars4 platform. The company strongly believes that blockchain technology will change the future way of life of people. They aim to find highly innovative entrepreneurs, grow with them, and support them with early development capital and global ecological resources.

Just days ago, Mars4 also partnered up with Basics Capital, a start-up incubator company. Basics Capital’s mission is to support innovative projects on their way to becoming industry leaders. Mars4 is a serious contender in this sphere. The platform introduces an exciting new way to combine NFTs with decentralized finance and gamification. 

Looking towards the future

Interest from investors of such magnitude is a serious green light for the Mars-themed virtual world. Not to mention that institutional involvement brings confidence for the whole Mars4 community. 

Additionally, Mars4 has sold upwards of 10% of all available NFTs during the Private Presale event that ended on July 31st. Now, the project is moving to the next phase of development, launching the official marketplace. 

DappRadar will continue monitoring Mars4’s development as milestones on the roadmap are getting closer. Stay tuned, and if you’d like to find out more about the Red Planet NFTs, check out the links below.

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