MarsCoin

marscoin
CoinYQ Dossier

A 2021 MarsCoin line became a different token in 2026

The familiar name points in two directions. One road leads to a 2014 proof-of-work chain; CoinGecko’s marscoin-4 leads to an anonymous BNB contract created on Flap in July 2026. Its story is how an old CZ remark, a tax-bearing meme and a separate SpaceX-linked certificate were assembled into one market narrative.

A five-year-old sentence acquired a new contract

On February 16, 2021, CZ wrote that a MarsCoin looked inevitable. The sentence concerned the broad idea of money for Mars. It did not name an address, team or launch. The current project places that line at the front of its lore, so the date matters: the quotation is authentic, but its connection to this asset was created later.

Flap records the BNB token at 0xFe18…7777 as created on July 27, 2026 by 0x85de…82e5. No reviewed first-party page turns that wallet into a named founder or legal issuer. CoinGecko and Binance identify this newer meme token; neither connects it to the separate Marscoin chain from 2014.

Flap fixed the supply, then left two layers of control

The launch used a 45-byte minimal proxy to FlapTaxTokenV3. The implementation created one billion tokens at initialization and has no later public mint function. By September 5 the clone’s owner was the zero address, its market state enforced a 3% buy and 3% sell tax, and its main pool was the MarsCoin/SPCXB pair.

Zero ownership narrows the creator’s direct token powers, but it does not describe the whole route. The tax processor and dividend contract are separate clones whose owner calls return the Flap Portal. Because those helpers collect taxes and track reward shares, a holder still depends on platform contracts whose full implementation-level authority was not established in the reviewed public sources.

“Stock coin” describes a pair and a reward path

The project’s concrete product is a pool quoted in SPCXB. Taxes from purchases and sales help fill a vault, and the interface advertises automatic SPCXB distributions above 10,000 MarsCoin plus manual claims. Binance later had to explain how its own custody users would be measured by snapshots, showing that an exchange balance and an on-chain wallet do not receive rewards by the same route.

The phrase “1:1 backed” on the promotional page refers to SPCXB’s stated relation to its underlying security, not to MarsCoin. Binance classifies SPCXB as a BTech Holdings certificate rather than a SpaceX share and restricts it to eligible users and places. MarsCoin holders therefore face the price and contract of MARSCOIN, then the vault, then SPCXB’s issuer and legal wrapper; they do not jump directly to SpaceX shareholder rights.

Listings enlarged the market before the operator became visible

KCEX announced trading at the end of July. Binance opened a perpetual contract on September 1 and spot pairs on September 4. Those venues confirmed the contract and gave the month-old token far wider distribution, but a listing did not fill the missing founder, entity, treasury or development disclosures.

MarsCoin’s present record is unusually legible at the mechanism layer and thin at the accountability layer. Supply, taxes, pool and helper addresses can be read. Who chose the terms, who maintains the promotional site and who answers if the reward system fails remain unnamed. That gap is part of the asset’s history, not a detail to replace with the older Marscoin project’s biography.

How the project changed

  1. 2021-02-16
    CZ writes the sentence later used as lore

    His “we will have a MarsCoin” post discussed the idea years before the BNB contract and did not identify this project.

  2. 2026-06-13
    SPCXB begins trading as a separate certificate

    Binance lists BTech’s SpaceX-linked bStock, creating the quote and reward asset MarsCoin would later use.

  3. 2026-07-27
    An unnamed wallet creates MarsCoin on Flap

    Flap timestamps the one-billion-unit tax token at 13:22:38 UTC and identifies only creator address 0x85de…82e5.

  4. 2026-08-04
    Binance explains custody reward handling

    Alpha users learn that 10,000-unit eligibility, daily snapshots and jurisdiction govern SPCXB distributions in exchange accounts.

  5. 2026-09-01
    A Binance perpetual begins trading

    The MARSCOINUSDT contract adds leveraged exposure without changing rights in the underlying token.

  6. 2026-09-04
    Binance opens MarsCoin spot pairs

    MARSCOIN/USDT, USDC and TRY bring the same BNB token to the main spot market.

Evidence and primary sources

Last evidence review: 2026-09-05

What is MarsCoin?

MarsCoin is a BNB Chain tax token created through Flap on July 27, 2026. Its full contract is 0xFe189E97832DA1573e4e4Ff034F4fFC3a15c7777; the contract name and symbol are both “MarsCoin,” while exchanges use MARSCOIN. This address separates it from the unrelated Marscoin proof-of-work blockchain that began in 2014 and from other tokens using the same name.

The live token has one billion units and a PancakeSwap pair quoted in SPCXB at 0x94f3ed36706c746ad59fadcaf271b7431ab1d8f1. Buying or selling through the configured pool applies a 3% tax. A separate dividend contract tracks balances for SPCXB distributions. This arrangement gives a qualifying holder a route to rewards under current rules, not ownership of SpaceX, the SPCXB issuer, Flap or the anonymous project.

What problem does MarsCoin solve?

The project began with a borrowed sentence. In February 2021, CZ wrote that a MarsCoin looked inevitable during a conversation about money for Mars. The BNB token did not exist then. An unnamed wallet deployed it on Flap more than five years later and used the old line as its origin story. The quote proves the meme’s provenance; it does not prove that CZ created, sponsored or approved this contract.

The newer hook is “the stock coin on BNB.” MarsCoin trades against SPCXB and routes trading taxes toward a reward vault. That makes the token depend on a separate tokenized-security system. It does not mean every MarsCoin is backed by one SPCXB, or that holding MarsCoin supplies the legal rights attached to SPCXB.

How does MarsCoin work?

MarsCoin is a minimal proxy pointing to Flap’s verified TaxTokenV3 implementation. Initialization created the entire one-billion supply; the implementation exposes no later public mint function. On September 5, 2026, direct BNB calls returned a zero owner, a 3% buy tax, a 3% sell tax and the tax-enforced state. The configured quote asset is SPCXB at 0xbe9D156892E55e7154BcD3cB0FEA677F9D3103E1.

A taxed pool transfer accumulates tokens for the tax processor. The reward site says proceeds help buy or distribute SPCXB, and eligible holders can receive it automatically or claim through Flap. The 10,000-MarsCoin threshold and Binance’s snapshot treatment are distribution conditions, not a fixed yield. The token’s owner is zero, but its tax processor and dividend tracker each report the Flap Portal as owner. Rewards therefore still rely on auxiliary contracts and Flap infrastructure.

SPCXB is itself a BTech Holdings certificate offered under ADGM rules. Binance states it is not a SpaceX share and is restricted by jurisdiction and eligibility. MarsCoin’s pool and vault can deliver SPCXB tokens, but a MarsCoin balance has no direct redemption into SpaceX stock or guaranteed ratio to SPCXB.

Key facts

  • Canonical BNB Chain contract: 0xFe189E97832DA1573e4e4Ff034F4fFC3a15c7777.
  • Flap records creation on 2026-07-27 at 13:22:38 UTC by wallet 0x85de3316eeca740ba049a8d9c9d68ab21cb282e5; no named founder or issuer was found.
  • Total and maximum supply are one billion; the Flap implementation mints only during initialization and exposes no later public mint entry point.
  • Current configured taxes are 3% on buys and 3% on sells through the main pool; ordinary wallet transfers are not described as pool buys or sells.
  • The main pair is MarsCoin/SPCXB at 0x94f3ed36706c746ad59fadcaf271b7431ab1d8f1; pairing does not make one MarsCoin redeemable for one SPCXB.
  • The token owner is zero, while the linked tax processor and dividend contract return the Flap Portal as owner.
  • CZ’s 2021 remark predates this token by more than five years and does not identify its creator or contract.
  • Binance opened futures on 2026-09-01 and spot trading on 2026-09-04, both after the July Flap launch.

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Frequently asked questions

Is this the Marscoin launched in 2014?

No. CoinGecko marscoin-4 is the BNB token at 0xFe189E97832DA1573e4e4Ff034F4fFC3a15c7777, created in July 2026. The older Marscoin is a separate proof-of-work chain with different software, supply and history.

Who created this MarsCoin?

Flap names the creator only as wallet 0x85de…82e5. The reviewed site, contract and exchange notices do not identify a human founder, legal issuer, DAO or development team.

Does each MarsCoin represent SPCXB or SpaceX stock?

No. MarsCoin trades against SPCXB and taxes can fund SPCXB rewards. It has no fixed one-for-one conversion into SPCXB. Binance describes SPCXB itself as a BTech certificate, not direct SpaceX share ownership.

Are SPCXB rewards guaranteed?

No fixed amount or yield is promised. Rewards depend on taxed activity, vault funding, balance thresholds, snapshots, Flap contracts and jurisdictional eligibility. Rules can also differ between a self-custody wallet and an exchange account.

Can the team mint more MarsCoin or change the tax?

The verified token implementation fixes one billion and has no later public mint function. The clone owner currently reads as zero, and the stored tax is 3% each way. However, the tax processor and dividend tracker remain linked to Flap Portal ownership, so the reward path is not fully independent of platform-controlled contracts.

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