What is Metars Genesis (MRS)?
Metars Genesis is one of the pioneering NFT networks with a religious art focus. It collaborates with numerous spiritual artists to craft and publish faith-based artwork in the form of NFTs. The platform is fully decentralized, allowing users to cast their votes on which artworks they would like to acquire copyrights for. It plans to become compatible with multiple public blockchains such as OKXChain, BNBchain, and Ethereum.
The MRS token is the native utility and governance asset of the project. The Metars Genesis price chart above features the live movements of the MRS price.
Use Cases of MRS Tokens
For starters, the MRS coin serves as a governance token. Thus, holders can make decisions on proposals brought up by the community according to the number of tokens they possess. Also, the MRS crypto token works as an asset for earning profits. Lastly, it can also be seen as proof of ownership, which allows users to receive airdrops from the platform.
Who Founded Metars Genesis?
The Metars Genesis crypto project was founded by Christian, Daniel, Smith, and Lauren.
Christian has mainly worked with software development throughout his career. Overall, he has extensive leadership experience and a strong technical background.
Daniel entered the cryptocurrency industry in 2016. Daniel's main focus is smart contracts. At the same time, Daniel is also an avid NFT collector.
Smith is a cryptocurrency enthusiast who has invested heavily in the primary market. However, he later entered the blockchain industry, focusing on blockchain research.
Lauren entered the blockchain industry in 2017. She is committed to building blockchain communities, overseas marketing, strategy, and financial research. At Metars Genesis, Lauren focuses primarily on NFT research, as well as project marketing and user growth.
MRS Tokenomics
The max supply of MRS tokens is 1 billion. The distribution of these tokens is as follows:
- 3% for private placement;
- 5% for community activities;
- 5% for backer airdrops;
- 30% for artist partnership funding;
- 20% for the Ecosystem Fund;
- 20% for staking rewards;
- 15% for the team;
- 2% for advisors.
All these allocations have different lock-up and distribution times. This is done to prevent the quick release of tokens, which might result in a drop in the MRS price.
