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Somnium Space Cubes is an open-source metaverse platform that emerged in 2017, launching to the public in 2018. Designed to foster a democratized metaverse economy, it allows participants to purchase land, create or import artifacts, use avatars, and monetize their experiences within a fully immersive environment. The innovative aspect of Somnium Space is its tokenization capabilities, wherein users can transform in-game assets—including land, avatars, and wearables—into tradable items on the Ethereum blockchain.
The core of this ecosystem is the CUBE token, which operates as the platform's native currency. Users utilize CUBE for transactions involving virtual land, objects, and experiences, laying the groundwork for a vibrant economic landscape within the metaverse.
The primary objective of Somnium Space Cubes is to revolutionize the way digital assets are owned, traded, and experienced. By harnessing blockchain technology, the platform ensures that users have true ownership of their in-game assets, which can be securely traded in a transparent and decentralized manner. Furthermore, the platform seeks to empower creators and users alike, giving them the tools and resources needed to contribute to the evolving narrative of the metaverse.
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