MARS Guild

MARS Games & Investements:

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PLAY TO EARN

The Play-to-Earn business model is the latest development in the games industry. It’s a business model that embraces the concept of an open economy and provides financial benefits to all players who add value by contributing to the game world.

Giving gamers ownership over in-game assets and allowing them to increase their value by actively playing the game are key components of the play-to-earn business model. By participating in the in-game economy, players are creating value for other players and the developers. In turn they are rewarded with in-game assets. These digital assets can be anything ranging from cryptocurrencies to in-game resources that are tokenized on the blockchain.

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Frequently Asked Questions

You should know this

Answers to the frequently ask questions around blockchain based gaming
like what is blockchain? and what is an NFT?

What is Blockchain?

A blockchain is a distributed database that is shared among the nodes of a computer network. As a database, a blockchain stores information electronically in digital format. Blockchains maintain a secure and decentralized record of transactions. The innovation with a blockchain is that it guarantees the fidelity and security of a record of data and generates trust without the need for a trusted third party.

What is Play-to-Earn?

Play-to-earn is a new business model that is sweeping the video game industry (GameFi), rewarding players for winning battles and completing tasks with tokens or other cryptocurrency-based rewards, which they are free to use in-game or trade on an open market. This represents an important shift in the gaming world, which has traditionally kept in-game assets confined to centralized platforms that did not allow transferring those assets externally.

What is an NFT?

NFT stands for non-fungible token and is a unique and non-interchangeable unit of data stored on a digital ledger (blockchain). An NFT can be a photo, video, music, or any digital item. Cryptocurrency like Ether is "fungible" meaning you can trade one Ether token for another and they are the same with the same value. NFT are one-of-a-kind digital asset and thus one NFT is unique from another NFT.

How do NFT games work?

In NFT games, in-game assets are wholly owned by the players—not the game’s developer. These gaming-based NFTs may include characters, plots of virtual land, weapons, and so on. They can be used inside blockchain games to earn yield in the form of tokens or other rewards, which can be used in-game or traded on an open market for other cryptocurrencies or fiat money.

How is money earned in an NFT game?

In decentralized game economies, there is an entire ecosystem of players who buy, sell, and trade in-game items between each other. They are able to do this because NFTs and cryptocurrencies provide the players with digital property rights for their in-game assets. Thus, the players actually become part-owners in the game and get to share in the value that the community creates.

What is the Metaverse?

The Metaverse refers to an expansive, interconnected virtual world wherein people can recreate many of the things they do in real life and more. These activities include building, buying, selling, owning, socializing, entertaining, working, learning, and so on. The Metaverse is available to anyone who would want to enter it, which can open up opportunities to people from all parts of the world regardless of race, gender, and socio-economic status.

What is a Scholarship?

Scholarships are revenue-sharing programs that allow new players to borrow NFTs, so they can play the game without having to spend any money. Any resulting in-game rewards are shared between the player and the owner of the NFT. Some scholarship programs provide additional benefits such as training and mentorship to help players improve their skills, in-house tournaments, and upgrade incentives. Join our discord server to find out more about MARS Scholarships.

What is a Gaming Guild?

A guild is a community of gammers who regularly play together and collaborate for mutual benefit. MARS is a gaming guild that coordinates players around the world to earn crypto-based rewards in play-to-earn games. It also invests in NFTs, such as in-game assets and virtual land, and makes them available for guild members to borrow. MARS is made up of different community members, players, and contributors who help each other get onboarded and earn income through play-to-earn.