MarsEcosystem's 1st IHO has ended successfully.

3 min readDec 31, 2021

MarsEcosystem officially launched IHO Launchpad with Parking Infinity on the 29th of Dec. And here comes a cheerful announcement to all the participants of the MarsEcosystem’s 1st IHO:

At the end of MarsEcosystem 1st IHO, we have in total of 42,278,460 XMS raised, which means we exceeded the XMS raise target 4.6X over!🎊

🔥 After this IHO, 9,000,000 XMS were burned, which is equivalent to 5% of the current circulating supply.

After IHO, PARK also started trading at MarsSwap with an opening price of 0.36 XMS. PARK price quickly reached 0.85 XMS as users buying PARK. Congratulations to all participants!

Besides, users can buy Parking Infinity’s blind boxes with $USDm and the prices are the same for $USDm and $BUSD! Enjoy the discount when USDm is trading below $1!

In the coming future, Mars Ecosystem will hold more IHOs, which will soon bring XMS into significant deflation.

Please read below the details of this IHO:

Total $XMS Raised: 42,278,460.48 (4.6X over the XMS raise target! )
$XMS Burned: 9,000,000
Total $PARK to be distributed: 50,000,000
Number of IHO Participants:1,942
$PARK Contract Address: 0xeff83ab8c4f4479eae339fbcfAdf050A3a5f056B
$PARK Vesting Schedule: Purchased PARK will be released via 60 days linear vesting on a block-by-block basis. Vesting starts before the Parking Infinity game Beta launches, which is estimated to be the 15th of January , 2022.

All participants will share the $PARK quota based on their subscription amount. And they were able to claim the over-committed $XMS as soon as the IHO was over.

🌟 Benefits for IHO participants and $USDm holders

🎁 1. 30% discount:
Both Mars and Parking team believed that XMS was undervalued, so XMS was valued at ＄0.25 during IHO, which was higher than the market price $0.17 at that time. It means that XMS users bought Park in IHO at 30% discount.

🎁 2. NFT Airdrop for participants:

In order to thank all participants for their enthusiastic support and trust, we will randomly select 10 addresses from this IHO’s participating addresses to airdrop to each address a 3D modeled car NFT! The selected addresses will be announced on Mars Ecosystem’s official Twitter soon!

🎁 3. Blind Box Whitelist for all the participants:

Besides the NFT airdrop, ALL the IHO participants will get the whitelist privilege of buying limited edition of Blind Boxes on Parking Infinity’s Website!

🎁 4. Buying Blind Box with $USDm:

Users can buy Parking Infinity blind boxes with $USDm and the prices are the same for $USDm and $BUSD! Enjoy the discount when USDm is trading below $1!

We sincerely appreciate your participation and enthusiasm in our IHO event. And please stay tuned for the next IHO!

🌟 Apply for Mars Ecosystem IHO

‘MarsEcosystem IHO’ is the Initial Holder Offering. It allows projects to distribute their new tokens to the broader audiences as possible in a fair way. As a result, projects benefit from increased exposure and easy token distribution.

The original intention of doing IHO is to provide high-quality projects for the Mars community, where users can obtain tokens for these projects at a preferential price.

Submit your project, and join the Mars Ecosystem, the most popular project on a Binance Smart Chain, to bring your token directly to the most active and rapidly growing community on BSC.