Many users are participating in purchasing land on Mars in the form of NFTs from Mars4. This project allows owners to explore a virtual space on the red planet.
In early September, numerous users took part in buying land on Mars through the Mars4 project. This ecosystem centers around Mars, where users can explore a virtual Mars, own real estate, and even profit from NFTs (non-fungible tokens).
According to information from the Mars4 homepage, this is a metaverse with geographical accuracy, created from NASA’s data. MARS is the cryptocurrency used within this project’s metaverse. Investors can use MARS coins to purchase land, play games, and create NFTs.
The Mars4 application simulates Mars and subdivides land parcels. (Image: Screenshot).
Mars4 has subdivided land on Mars into 99,888 parcels, which are released as NFTs. Each parcel covers an area of 1,488 square kilometers. Among these, 888 parcels with special geographical locations on the red planet will be auctioned on the OpenSea and Rarible exchanges. Currently, more than 29,426 parcels of land on Mars from this project have been sold.
According to the roadmap, this project will develop a VR (virtual reality) platform and games, allowing users to engage in activities on Mars. Additionally, with each NFT parcel, owners will experience a three-dimensional space on the red planet.
Similar to NFTs, the metaverse is becoming a trend in the blockchain field. This model allows users to explore virtual spaces in the most realistic way.
The term Metaverse first appeared in 1992 in Neal Stephenson’s science fiction novel Snow Crash. The author describes it as a virtual world where humans interact with each other and with software through their avatars in a three-dimensional space.
Since 2019, authors at DC Comics have begun using the term Metaverse to refer to a central form of reality that influences various universes and timelines.