The OKX Exchange now offers the Mars token (MRST) but it’s not live yet. Knowing what it is will help make informed investment decisions.
Mars token (MRST), is the native token for the Mars Metaverse. Investors will be able to purchase the asset now that the token is live on OKX.
But, here are the facts about Mars Token.
What is Mars Token?
Mars Token, MRST, is the native token in the Mars Metaverse. Mars Labs created the Mars Metaverse Project.
In this metaverse, there is a small territory called “Colony,” which is similar to Lands on other leading metaverse projects such as The Sandbox and Decentraland.
According to Mars Labs users would be allowed Colony ownership in the metaverse. They would be able to build homes and other commercial properties in this metaverse.
MRST is the token to be used in transactions in Mars Metaverse. The development team disclosed that users could earn rewards using MRST, including through a Play-and Earn (PAE), system.
You can also earn rewards through the PAE system and pay for buildings with the MRST token. You can also sell your Mars Metaverse houses or other commercial property and get paid in MRST.
Users can host events on their properties as well, which creates an additional avenue for MRST tokens to be earned.
In the future, the development team would allow third-party or indie game developers to develop and release games using the “The Mars Game Creator” software. These games would also use the MRST token to their utility tokens.
It could be a metaverse token of great utility with such a wide use case.
OKX: Buy MRST
OKX, a leading cryptocurrency exchange in the world has listed the MRST token exclusively on their platform. Investors and traders have now access to the MRST Token.
You might want to know more about the metaverse project as it is a new one. Connect with the Mars Metaverse Team in their Ask Me Anything session on 16/11/2022 at 8 AM UTC (5 PM KST) on OKX Official Telegram Channel.
