What Is Somnium Space Cubes (CUBE)?

Somnium Space (CUBE) is a social, open, and constant Virtual Reality World fueled by blockchain technology. As per the whitepaper, anyone can acquire land, create or import objects, use scripts and avatars, efficiently monetize their experiences, and engage in an entirely alternative reality. As per the whitepaper, the platform's vision is to make a new world for the next level of e-commerce, communication, entertainment, and a spot to live. Somnium Space is building a platform for the community where hardware is intended to progress dramatically with more suitable headsets obtainable at very reasonable prices. In addition to this, finger and eye-tracking, haptic suits, and even VR motion platforms, permit the users to take an unrestrained walk in VR from the convenience of the home.

When recurring transactions on Ethereum are posted in the crypto space, the network raises the gas fees, making it the most costly to transact during the most active times. Contrarily, during low transaction volume, the gas prices are lower. Layer 2 resolutions have gained popularity, improving usability and security soon after. Traders can send CUBEs and ETH to their exact ETH Polygon address, with a button click, to utilize the same CUBEs and ETH on a different platform. Somnium makes the process effortless for usability objectives. A few clicks on Somnium space with an ETH transaction permit traders to make thousands of transactions without any cost.

CUBE is the in-game currency of Somnium Space based on the Ethereum blockchain (ERC20). The CUBEs create a helpful addition to the blockchain-based economy and make transfers between players effortless. Before joining Somnium Space, CUBE tokens.) are helpful when entering amusement parks and arcades or operating race cars and teleporters. Artists can trade tickets for CUBEs and permit visitors to attend concerts or enter user-generated museums. Producers create and develop interactive arcade games for accepting CUBE tokens from traders.

History of Somnium Space Cubes (CUBE)

Artur Sychov is the founder and chief executive officer of the Somnium Space Cubes platform. The founding team also includes Tatsiana Sychov as the chief financial officer, Fernando Gonzalez as the lead UI designer, and Sasha LeBaron as the community manager.