summary: Somnium Space is a virtual reality world on the Ethereum Blockchain (or metaverse), where players can buy land, build or...
content: Somnium Space is a virtual reality world on the Ethereum Blockchain (or metaverse), where players can buy land, build or import Non-Fungible Tokens (NFTs), explore, and trade. Participants can instantly join from any device via the Somnium Web client or download the Somnium application locally on their computer to immerse themselves into persistent worlds via virtual reality (VR) headsets like Oculus, HTC, VIVE, HP, and others. On Somnium Space, users create environments that are fully programmable, customizable, and independent VR experiences within a larger, connected world. This is made possible by its four key offerings: an SDK for the creation and customization of avatars and property; virtual reality experiences; a builder module for creating environments and structures; and an NFT marketplace for trading game-based assets. By integrating blockchain technology, Somnium Space allows users to monetize these VR experiences and empower them to create a world in their own image in which they are the main creators and recipients of value. Overview Somnium Space is a Virtual reality (VR) world built on the Ethereum Blockchain. An open-source platform, Somnium Space allows users to buy digital land, homes, buildings, and myriad in-game assets of value in its online multiverse. The immersive dynamics of Somnium Space allow players to build, script, and monetize environments - all while exploring the creations of other participants. While a user might go swimming, visit a museum, or dine in a restaurant built by another player in the Somnium Space metaverse, the extent to which Somnium Space users can build unique experiences, worlds, and assets is essentially limitless. Unlike traditional multiplayer VR games where users are divided into sub servers and mirrored-instanced rooms, Somnium Space hosts all players in one vast world. Within that broader VR universe, users can create Somnium Space environments that are fully programmable, customizable and independent VR experiences. Further, non-fungible tokens (NFTs) and assets from within the Somnium Space are compatible with VR metaverses and platforms throughout the broader Blockchain ecosystem. Thus far, the Somnium Space offering is broken down into four elements: an SDK, which allows for the creation and customization of avatars and property; virtual reality experiences; a builder module for creating environments and structures; and an NFT marketplace for trading land and NFT-based assets. Somnium Space has deeply incorporated NFT technology, allowing players to bring NFTs from around the decentralized ecosystem into the Somnium Space universe. Features Cross-Platform Somnium Space is available on all major Virtual reality headsets. Available on all major VR headsets Users can Create and adjust their own layout setup for fast in-game interaction. Blockchain Integration of Blockchain allows true ownership of digital goods, avatars, items, and virtual land. We are creating a long-lasting economy that will allow instant monetization for our in-world creators. Persistent Social VR World Unlimited scalable world built by users within one instance. Virtual Land Ownership Users can Buy and customize their own land. Build anything they envision. Monetize Your Space Anyone can take advantage of a fully programmatic VR advertisement plugin. Capture and analyze gaze tracking, engagement, and conversion rates. Technology Somnium Space has developed UnitySDK to allow more advanced users to upload full-body Avatars and complete scenes onto your land parcels inside Somnium Space. The platform's advanced SDK allows players to work with complete scenes, scripting nand animations to fully enhance their experience. Finger tracking is also supported inside Somnium Space for further immersion. Full-body tracking, lip & eye tracking are available inside our VR world. Features such as smell features from hardware such as multisensory masks or fans are also planned to be supported soon. Its in-house developed unique server architecture allows thousands of players to be all in the same time inside persistent Virtual reality world without splitting users into sub-servers or mirrored instances. This provides the ultimate level of immersion and allows true Ready Player One experience without ever experiencing a single loading screen. Tokenomics On traditional gaming platforms, users generate value that flows to the game developer. Players, either purchase games, or with the popular freemium model users play for free but purchase upgrades, customizations, and access a la carte once in a game’s ecosystem. Typically, players can't transfer in-game assets or use them outside of a specific game environment. For example, if a player pays to upgrade their armor, unlock a new vehicle, or access new worlds, that value remains locked in the game. Blockchain-based games and VR metaverses like Somnium Space reverse this flow of value to benefit players through tokenization. As an Ethereum application, Somnium Space allows players to tokenize their in-game assets such as land parcels, avatars, collectibles, and wearables. This dynamic decouples the Somnium Space company from the value generated by players and allows players to access the value created in the Metaverse throughout the wider Cryptocurrency and token economy. The Somnium Space economy is comprised of three different types of token assets which includes: Somnium Space’s Cube Token (CUBE) Somnium Space Land Parcels (PARCELs) Somnium Space Avatars (AVATARs) Cube Token (CUBE) Somnium Cube (CUBE) is an ERC-20 token that serves as the Somnium Space platform's native utility token. The CUBE Cryptocurrency streamlines in-game transactions between players and can be considered the equivalent of buying game tokens at an arcade. With an Ethereum (ETH) wallet, players can hold ETH, CUBE, and NFTs (ERC-721 tokens). CUBE serves as a bridge between these assets to facilitate in-game, e-commerce transactions. As the Somnium metaverse expands, the CUBE token will develop in-world utility and allow players to exist more deeply in the VR metaverse. Before entering Somnium Space, Cube tokens will be useful to have when entering Arcade and amusement parks or using race cars and teleporters. Artists can sell tickets for CUBEs and allow visitors to enter user-generated museums or attend concerts. Producers will build and develop interactive arcade games to accept CUBE tokens from customers. Disclaimer: Somnium CUBEs (CUBE) are an in-game currency and not meant to be, or are designed as a tool or financial instrument used for speculation or investment. Somnium CUBEs (CUBE) is a currency that fulfills needs for exchanging services and goods in a working economy inside a Virtual Reality World. Max Total Supply: 100,000,000 CUBE Holders: 1,228 Contract Address: 0xdf801468a808a32656d2ed2d2d80b72a129739f4 Somnium Space Land Parcels (PARCELs) Somnium Space conducted two of what it calls Initial Land Offerings (ILOs) when issuing Land Parcels (PARCELs) to platform stakeholders — both on the OpenSea NFT marketplace. If players want to build an independent Somnium world they must first obtain one of these land parcels. Players can also place any @NFT on their land parcel and explore it in VR. Somnium Space Worlds Users can effortlessly enter parallel virtual worlds, each offering unique, immersive experiences built entirely by players. Interact, socialize, play and do business. Seamlessly jump between worlds without ever leaving virtual space. Depending on what parcel they own, anyone can link & deploy Small, Medium or Extra large worlds, the latter giving them 500 MB of storage for instance. What is truly revolutionary is that each Somnium Space World is a Blockchain token (NFT). Once purchased, users get an ability to upload certain amount of content to the platforms servers depending on the size of the token they own: Small (S) WORLD — 75 MB Medium (M) WORLD — 200 MB Extra Large (XL) WORLD — 500 MB Placing a world on A parcel is as easy as placing any other object or NFT item. Users who will enter your parcel will automatically see a portal. They enter and voila! They’re in a users world. Alternatively users can use Teleportation HUBs to directly teleport into your or any other Somnium World. Once a user own a token, they become NFT assets like any other virtual Blockchain asset inside Somnium and can be traded freely via OpenSea marketplace. That means that when they purchase an “empty” world, they get the ability to create one from scratch. Build anything they like such as interactive games, entire parallel worlds, experiences etc. When a users uploads their World via UnitySDK it is automatically linked to their World token. Image and Name of the world will automatically change on the token and OpenSea, based on his/her inputs. They can place their World for sale or transfer it to another player anytime they wish to do so. Create your own WORLD and make it a permanent part of The Metaverse! Somnium Space WEB Somnium WEB is a truly revolutionary update that allows anyone to join any parcel LIVE from any device. Every PARCEL inside Somnium will have a permanent link and will be accessible from the web. When a user finish building their creation inside Somnium PC Builder they simply click Save & Upload as usual, but this time, all these data are also automatically transformed into Web compatible format. Once they hit the upload button their creation will appear inside VR client and WEB experience within 5 minutes. Somnium WEB will allow full interactivity includ