From now on you can trade Somnium CUBEs on
Uniswap. This step completes our list of platforms where we offer our utility VR currency, after starting at Coinpark, a traditional and reliable (partner of BiBox) crypto exchange, we soon followed on
OpenSea, the biggest NFT platform, where we completed our offering to PARCELs and ITEMs. With Uniswap the circle is complete as this decentralized platform will give everyone the possibility to swap into CUBEs. This holistic approach makes CUBEs accessible for everyone.
CUBEs were always meant to be a real use case cryptocurrency. A true utility token which allows you to exist inside our Virtual Reality Metaverse. If you are a creator who builds structures or avatar models you will need CUBEs. If you are an artist who wants to sell tickets to his performance ā you will need CUBEs. If you want to utilize Somnium Transportation System and travel inside our VR world by Teleportation Hubs or other means of transport ā you will need CUBEs. But there is much more.
During the next 2 weeks, we will be launching the first major CUBEs utility use-case which is minting your own full body virtual reality avatars onto blockchain. This is a real revolution in a way how creators can protect and monetize their creations. Because having a VR avatar is one of the most important part of self representation inside Metaverse (yes, our blockchain avatars will be usable in all major virtual worlds across digital spaces), we believe this will spark an amazing marketplace of truly beautiful and functional avatars. This can be regarded as the beginning of the CUBE ecosystem and a true start of our in world economy.
As outlined in our
Economy Paper we have several pillars of in-game economy:
- Ability to buy / sell Virtual Land PARCELs and ITEMs āļø (hundreds of thousands dollars worth of Somnium CUBEs have been exchanged and traded for PARCELs and ITEMs within the past year)
- Buy / sell virtual goods such as Art, Tickets and more. āļø(our users are actively trading goods and services inside Somnium world)
- Ability to mint, buy / sell VR avatars š(Coming September 2020)
- Ability to use CUBEs for Teleportation Hubs transportation purposes š(Coming 2020)
- Earning CUBEs for being active in-world community member and increasing your Karma level inside Somnium Space ecosystem. š(Coming 2021). Get monthly CUBE drops based on your activity and earned respect by other community members.
- DAO concept and ability for community to shape the future of Somnium š(Coming 2021 ā truly meaningful and REAL use of community voice. No gimmicks, no empty promises and useless decisions). President of Somnium community voted by people and represented at a Somnium board meeting? Autonomous zones inside Somnium VR world? These and many more concepts are currently being worked on and will be presented towards the end of this year.