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Legal Opinion & Audit
The Mars is always striving for legal and transparent operations.
On July 8, 2022, the Mars team published a legal opinion reviewed by the Shinwon law firm. Based on the Mars: Metaverse white paper, the Legal Advisory Review focuses on 1) whether MRST falls within the category of securities under the Capital Markets Act and 2) a review of MRST on a foreign basis. The legal conclusions reached by the Shinwon law firm revealed that MRST would rarely fall into the category of securities while addressing risks posed by regulatory uncertainty.
[SHINWON LAW FIRM] Review on the MRST Token Legal Type.pdf
Haechi Labs audited Mars: Metaverse and smart contracts. No issues were found in a total of 4 evaluation criteria. Haechi Labs conducted an audit focusing on whether the implementation and design of the smart contract created by the Mars: Metaverse team is well implemented and secure in terms of security as specified in the published material.