Somnium Space doesn’t get talked about as often as Decentraland and The Sandbox, but it has more potential than both of them combined. In this article, we will explain Somnium Space, and if you want to live forever, well, you just might want to look into joining this virtual world…
What is Somnium Space?
Somnium Space is a virtual reality platform that is built on the Ethereum blockchain. It allows users to create, experience, and monetize content and applications in a virtual world. In Somnium Space, users can create their own virtual spaces, known as “parcels,” and customize them with a variety of digital assets, including 3D models, animations, and interactive elements.
One of the main features of Somnium Space is its decentralized nature, which allows users to have complete control over their virtual spaces and the content that is hosted on them. This means that users are free to create whatever they want in their virtual spaces, without having to worry about censorship or interference from a central authority.
Another key feature of Somnium Space is its use of non-fungible tokens (NFTs). NFTs are unique digital assets that are built on the Ethereum blockchain and cannot be exchanged for other assets on a one-to-one basis. In Somnium Space, NFTs are used to represent virtual real estate and other digital assets, and they can be bought and sold using cryptocurrency.
What is an NFT Marketplace?
An NFT marketplace is a platform that allows users to buy and sell non-fungible tokens (NFTs). These platforms typically offer a wide range of NFTs, including virtual real estate, artwork, and other digital assets. NFT marketplaces can be decentralized or centralized, and they often use blockchain technology to ensure the security and transparency of transactions.
In Somnium Space, the NFT marketplace is a key part of the platform’s economy. It allows users to buy and sell virtual real estate and other digital assets using cryptocurrency, which can provide a significant source of income for creators who are able to create high-quality and popular content on the platform. The NFT marketplace also offers a number of other benefits, including the ability to easily and securely transfer value within the platform, and the ability to build a reputation and a following within the virtual world.
Somnium Space is a powerful and innovative platform that offers a wide range of possibilities for creators and users alike. Whether you’re looking to create immersive virtual experiences, monetize your skills, or just have fun in a virtual world, Somnium Space has something to offer.
The Infamous Live Forever Mode Explained
The Live Forever mode is an extension of Somnium Space’s already innovative platform, which allows users to create, experience, and monetize content and applications in a virtual world. Now, thanks to AI, when you die your kids will be able to join the world and interact with an AI-powered version of themselves. It’s not you, but it kind of is.
The Live Forever mode is just one example of the innovative and ambitious goals of Somnium Space. By allowing users to create virtual avatars that can continue to exist and interact within the virtual world, the platform is pushing the boundaries of what is possible in the realm of virtual reality. With the Live Forever mode and other innovative features, Somnium Space is poised to be a leader in the virtual reality space for years to come.