Everyone is talking about NFTs, but what exactly are they? In short, non-fungible tokens or NFTs are digital assets based on blockchain technology that are unique and unable to be copied.
With the rapid growth of digitalization, it is hard to prove ownership of anything: everything can be copied with as little effort as it takes to click a mouse. As a result, artists are no longer able to easily assert the rights to their own artwork.
NFTs provide a solution to this problem. Artwork placed on the blockchain creates a digital asset with a unique print that establishes and authenticates its ownership.
This, in turn, allows collectors to purchase NFTs from the artists or resellers providing them access to the artwork with full ownership rights that cannot be falsified.
NFTs: Shaping a new way to game
In the fast-moving crypto world, nothing remains still. What started as a movement to protect artists' rights has grown into a full-fledged tool for game developers to create exciting and profitable Play-to-Earn games.
In many online games, you can acquire fungible digital assets, such as skins for characters and various tools used in the game. They are fungible because they are not unique: every player can access and own them.
In some cases, it is possible to sell these fungible digital assets to others, however, the return rate is relatively low. This is because none of these assets are unique - even if they are rare and hard to obtain.
Play-to-Earn NFT games allow users to obtain unique digital assets. The more popular the game is, the more valuable these assets are.
In addition to this, NFT games let players mint new NFTs that can be sold in the marketplace. These new NFTs allow active players to earn from playing games by trading and selling their assets.
In Cryptokitties, one of the first and most popular NFT games globally, players can breed their NFT kittens and obtain new NFTs. Every new kitten is unique, although some of its features might be rarer than others. The rarity of the features determine the market value of the new kittens.
In Axie Infinity, players receive the Smooth Love Potion (SLP) for winning games. SLP is a fungible token and can be treated as any other cryptocurrency. Players can trade these tokens and earn from them. These tokens are used for breeding characters and players obtain SLP either by purchasing them or through winning games.
Mars4: Explore and terraform your NFTs
Mars4 is going to be an NFT game as well.
You can already purchase Mars4 dollars that will be used for all in-game
transactions including the purchase of land plot NFTs.
As a player, you will be able to explore your land, gather resources from it, and even terraform it. Terraforming will potentially increase the price of your lot while resources are able to be traded with other players and other lands across the Mars4 Metaverse.
If a landowner does not want to play the game, they will have the option to rent their lands out to other players who will develop the land as they survive on Mars. Owning a Mars4 NFT will add Mars4 dollars to your wallet every time a transaction takes place on owned land.
Thriving on Mars is not easy but possible. Players will play together, create communities and cooperate to ensure the likelihood of their survival.
Each colonist will choose a role that determines their starting abilities in the game. For example, you will be able to be a driver and transport other players or resources between colonies and receive a reward in Mars4 dollars.
If you are curious about other roles or the game in general, you can check out the game concept document.
How to Buy and Sell Mars4 NFTs
You can purchase Mars4 NFTs and become a landowner here. Right now, prices are comparatively low, however, the supply of land on the Mars4 Metaverse is finite. This coupled with the Epoch system helps provide value to investors who join Mars4 early.
The Epoch system enables you to earn passive income from your owned plots. 51% of the land NFT sales revenue is redistributed to the previous NFT owners, starting Epoch 1. That means owning Mars4 land will generate Mars4 dollars for you.
Keep in mind that currently, it is not possible to sell your lots.
The browser-based Command and Control will be released this Spring. This dashboard is the first phase of the P2E game the Mars4 team is developing and will allow users to manage their assets and generate revenue.
The first playable state of the 3D Mars4 survival game will be available in Q3 2022.
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