Marsis Overview – Everything You Need to Know About Marsis

| Aaron Watts

Marsis is one of the blockchain protocols that has emerged with innovative ideas that globally attract interest from crypto enthusiasts. We review how it works and everything you need to know about the platform.

Marsis operates on the Binance Smart Chain and is designed to offer an ecosystem that provides maximum value to DeFi and NFT lovers. Binance Smart Chain is one of the most scalable blockchain platforms, and Marsis represents the ideal use case that leverages the smart contract network.

Marsis provides a fully decentralized DeFi and NFT ecosystem. Users can create, list, and sell NFTs as well as stake supported tokens for rewards. There are no restrictions for users on Marsis, and its ecosystem is governed using a DAO system.

Marsis Vision

Marsis has the vision to become the leading ecosystem where crypto enthusiasts can explore NFT features and stake their tokens for rewards within a decentralized autonomous system.

How Marsis Works

Marsis has also built an evaluation system that is decentralized and represents the true value of an NFT asset. It also integrates the core values of DAO, NFT, and DeFi to build an economic infrastructure powered by Binance Smart Chain.

Easy to Use

Marsis offers a convenient and easy-to-use experience with its user-friendly interface design that will appeal to NFT lovers. The products that users need are concentrated within the Marsis NFT metaverse and the DeFi pool section.

Faster

Marsis is built on the Binance Smart Chain that enables the creation of decentralized applications through its highly scalable network. Marsis is able to achieve shorter confirmation times and high transaction processing speeds that help its ecosystem.

Cheaper

Blockchain fees are an essential factor in the NFT and DeFi sector. Marsis has one of the lowest transaction fees, and NFT creators can save money and mint NFTs for cheap on its platform.

Marsis Features

Voting Protocol

Marsis tackles the existing problems of valuation that plague the NFT market. This is achieved using a novel voting protocol built to give the community the final say on the valuation of an NFT asset. For example, when an NFT is created, Marsis community members vote by using the native SIS token, which serves as the valuation tool. The more votes an NFT gets, the higher its valuation.

This mechanism ensures that the current overvaluation of NFTs is controlled and NFT assets are correctly valued. It is also a fairer and transparent model than the centralized measuring system that can be manipulated.

All-round NFT Marketplace

Marsis has a unique NFT marketplace where creators can create, list, and sell their NFTs at minimal costs. There are also incentives offered to creators that promote the Marsis NFT metaverse and create popular NFT characters.

Marsis has also lowered the entrance threshold for NFT investors by fragmenting popular NFT assets. This means that an NFT that is valued at $1 million can be broken into chunks of 5000 pieces valued at $200 per piece. This makes it easier for anyone to be able to own a part of the NFT asset.

Unique Identity Check

Marsis ecosystem offers a unique identity system that anyone can belong to with different perks. Regular crypto enthusiasts are called Spacewalker and they can explore the entire Marsis ecosystem without restrictions.

Spacewalkers are vital since they vote on NFT assets. Their votes provide a valuation for NFTs, and they earn rewards from the Consensus DEX Pool. Residents like the name suggests are core Marsis users that create NFTs on the Marsis NFT marketplace. They are rewarded with SIS tokens for promoting their Marsis clans and from NFT sales.

Guests are external NFT creators on the Binance Smart Chain ecosystem that choose to place their NFTs on the Marsis NFT marketplace. They earn SIS tokens when their NFTs are voted on in the Marsis marketplace. A dual role also allows users to explore affiliated campaigns and get rewards for participation.

DeFi Reward Pools

Marsis shows its commitment towards decentralized finance with DeFi pools for users to stake LP tokens for rewards. The pools supported include a dual pool, Consensus pool, and DEX pool.

The DEX pool is pretty straightforward, and users stake their SIS tokens in the SIS/BNB pool to earn rewards in SIS. They can also stake SIS on popular BSC DEX PancakeSwap for interests.

The Consensus Pool is a self-generating pool that is activated when a Marsis community member vote on NFT assets. The voted NFT assets are powered by mining characters which enter an automated mining mechanism that generates rewards for voters. Whoever participates in the staking process to vote for NFT assets, gets rewards in SIS tokens.

Other developments

Marsis is set to issue an airdrop for community members on June 2, 2021. According to Marsis, there will be no IDO (initial DEX offering), and the Airdrop will be the initial means for anyone to get hold of its token SIS.

SIS is a BEP20 token and will power the significant features and products supported within the Marsis ecosystem. The airdrop distribution will occur on supported BEP 20 tokens wallets like Trust Wallet and will herald the beginning of the Marsis ecosystem.

Conclusion

Marsis has shown its brilliance with its evaluation system that provides a better way to value NFT assets. The DeFi staking pools also ensure that anyone can earn on Marsis without any conditions. To learn more about Marsis visit the website https://www.marsis.io/

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