Somnium Space is the world’s first virtual world built on a blockchain. With its own ERC-20 token, CUBE, players can purchase land, build or import NFTs, explore and trade in immersive VR experiences from entertainment to education. What makes Somnium Space unique is that users are able to join from any device via the Somnium WEB client, or can experience the virtual world in true VR in headsets such as Oculus, HTC, VIVE, HP and more.
The blockchain-based economy of Somnium Space has several advantages over traditional video games. Players have full ownership of their purchased land and NFTs; they can be traded between players outside of the game itself. On top of all this, Somnium Space’s use of blockchain technology makes it almost impossible to hack or cheat the system. This creates a safe environment where users can create their own immersive VR world without fear of manipulation or fraud.
Somnium Space is continuing to grow at a rapid pace and has already acquired over 1 million users world-wide since launching in 2018. By providing the tools for players to create their own content and monetize it, Somnium Space has become one of the most popular blockchain VR worlds out there.
The integration of blockchain technology into virtual reality gaming has allowed players to own their content and monetize what they create, creating a whole new type of virtual economy. With its decentralized and secure blockchain-based system, Somnium Space is revolutionizing the way people play video games and interact with each other in virtual reality. Its unique combination of features allows players to create their own immersive VR worlds while giving them the tools they need to monetize their content.
The CUBE token has a variety of uses in Somnium Space, such as purchasing virtual land, NFTs and other goods. It can also be used to pay for various services within the metaverse, and can even be used for tipping content creators or rewarding players with good Karma. With its low transaction fees and high liquidity, CUBE is a reliable and secure mode of payment in the virtual economy. As Somnium Space continues to grow, so does the value of CUBE tokens; they can be exchanged on various cryptocurrency exchanges for other currencies or traded directly within the app itself.
Who are the founders of Somnium Space Cubes (CUBES)?
Somnium Space is a team of experienced entrepreneurs and developers, including Artur Sychov, Fernando Gonzalez, and Tatiana Sychov. All of the founders have extensive backgrounds in technology and business, and are passionate about creating immersive VR experiences.
What is Somnium Space Cubes (CUBES) used for?
In-game digital currency
In the Somnium Space virtual world, CUBES serve as a digital currency that empowers users to acquire and own virtual assets, including land parcels and unique NFTs (Non-Fungible Tokens). By leveraging the power of CUBES, individuals can shape their digital presence, explore vast landscapes, and engage in a thriving marketplace, all within the vibrant realms of Somnium Space.
In-game rewards and tipping system
In addition, CUBES serve as a reward system within Somnium Space. Players can earn CUBES through in-game activities such as questing, exploring, or building. They can also use CUBES to tip content creators for their work in the metaverse. This form of rewarding players and content creators is an important part of the Somnium Space ecosystem.
Trading between players
Finally, CUBES can be traded between players in the Somnium Space marketplace. Players can purchase and sell NFTs such as land parcels, weapons, or items. This allows users to customize their experience within the metaverse and exchange goods with other players.
Trading in exchanges
CUBES can also be exchanged on various cryptocurrency exchanges for other currencies or traded directly within the app itself. This gives players access to a global audience, and liquidity and provides them with more opportunities for monetization through trading.
How is Somnium Space Cubes (CUBES) unique?
The key features that set Somnium Space apart from other virtual reality games are its blockchain technology, low transaction fees, and secure trading system. The blockchain-based economy makes it almost impossible to hack or cheat the system; this means players can create their own content without fear of manipulation or fraud.
Also, as mentioned above, users are able to join from any device through the Somnium WEB client or can experience the virtual world in true VR in headsets such as Oculus, HTC, VIVE, HP, and more.
Somnium Space’s trading system allows players to own their content and monetize it; they can trade virtual assets with each other outside of the game itself. These features make Somnium Space a unique and safe VR world for users to explore and create in.
How many Somnium Space Cubes (CUBES) coins are in circulation?
CUBES has a market cap of $12,088,277 USD. It has a circulating supply of 12,500,000 CUBE coins and a max. supply of 100,000,000 CUBE coins.
How is Somnium Space Cubes (CUBES) network secured?
Somnium Space Cubes has a Somnium wallet, which makes use of public and private keys for authentication and security.
Also, CUBES is an ERC-20 token, meaning it is built on the Ethereum network and has all of its security features. All transactions are secured using cryptography techniques such as SHA-256 hash algorithms, Elliptical Curve Digital Signature Algorithms (ECDSA), etc. This ensures that all transactions within the Somnium Space Cubes network remain secure and immutable.
How do I buy CUBES?
The CUBES token can be used for a wide range of purposes, like staking and payments.
It can be easily purchased by following the steps below.
* Open an account with the crypto trading platform of your choice.
* Transfer the specific amount of your fiat currency to your account.
* Wait for your deposit to be confirmed and buy CNS through your trading account by swapping with BTC, ETH, or USDT pairs.
Which Cryptocurrency Wallet Supports Somnium Space Cubes (CUBES)?
The PTPWallet platform supports many cryptocurrencies, with CUBES soon to be included. Because of its vast use case, PTPWallet has grown to become one of the most popular platforms, as it serves as an exchange and an engine to discover other cryptocurrencies. The platform has a simple user interface, is compatible with both Android and iOS devices, and includes a mobile wallet app.
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