CRYPTOCURRENCY › SOMNIUM SPACE CUBES

Cryptocurrency Dream Space Cubes (CUBE)

1 CUBE = $ 0.939244

Fully diluted capitalization: $13`932`000.00

Features of Somnium Space Cubes (CUBE)

About the coin

Somnium CUBES (CUBE) is a gaming currency based on the Ethereum (ERC20) blockchain. CUBEs are a valuable addition to the project's blockchain-based economy and make transactions between players as easy as possible. Ordinary users can imagine the possibility of purchasing virtual reality by purchasing tokens in arcade machines for games. Before entering Somnium Space, Cube tokens will be required to enter arcades and amusement parks and to use race cars and teleporters. Artists can sell tickets on CUBE and allow visitors to enter user-created museums or attend concerts. Manufacturers will create and develop interactive arcade games to accept CUBE tokens from customers.

Scope of use

All transactions in the world, buying/selling land on OpenSea.io, renting, e-commerce, etc. There will be constant development of smart contracts to interact with Cubes to create payment gateways with drag and drop builder, almost free transactions and very high transaction speed for creating vr-commerce. Instead of creating virtual cards with the ability to top up in dollars, it is planned to create smart contracts with the ability for users to interact in virtual reality mode. The Ethereum address contains ETH, Cube tokens and several NFTs (Ethereum ERC721 tokens) and sidechain tokens. This includes a user token that is used to interact in virtual reality. Cubes will allow the user to meet another avatar on Somnium and make them an offer to buy their NFT avatar on the spot. The Avatar will go into the wallet for use in other countries, and the Cubes will go into the merchant's wallet.

The Somnium Space economy is peer-to-peer to benefit from blockchain technology. With this in mind, two avatars could meet each other for the first time in virtual reality, complement each other with their avatar, clothes and car, and then decide to trade or buy an NFT, sending a Cube in return. There is no reason to move land NFTs to Polygon, but if a user has them in stock, collects them, or creates several NFTs that they plan to sell on the Somnium platform, it may be best to list them on Polygon to avoid fees when selling or trading with other avatars with the same ETH address owner. As well as NFTs such as ETH and Cubes are on Polygon, so the user's avatar has the opportunity to purchase all NFTs on Polygon without paying gas fees.

Users will be able to create new devices by paying for them using Cube or avatars. The user will be able to independently choose the shape and content of the avatar and sell them on the Somnium platform. A user can press a button to mint additional in-game artifacts, such as NFTs on Ethereum or Polygon, then host the NFTs on their land and display them in their VR store. The user also has the option to remain a customer service representative and wait for other users to be interested in their NFT for further sale. Tickets can also be created as NFTs and give their owners access to features of certain lands. Other users without the right to own an NFT ticket will not see all the NFT ticket options. Cars and other types of vehicles are NFTs and are already activated for use in the owner's virtual reality. While avatars can reach speeds of up to 4 mph, cars will travel at 25 mph and teleportation is instantaneous, there is a specific cost that can be applied to each service depending on the convenience and speed of travel. There are currently 50 teleport NFTs and 5 car NFTs in Somnium. Everyone else moves at standard speed. For example, if there are several unused NFT cars in Somnium, you can click to use the car for X amount of time for X Cube tokens. This makes the car more valuable and users get to their destination faster.

Future plans

Going forward, there are plans to create other types of vehicles as NFTs via the SDK for a more enhanced experience and other monetization opportunities for creators. User-owned NFT teleportation centers will be able to place them on their land as public ones. Public teleports will charge Cube#peruse or on a monthly basis. The fees are pooled and distributed each month among the 50 owners with the most activity and teleport type. The more valuable teleport is called Indiegogo Founder's. It got its name because it was sold during an Indiegogo campaign.#metaverse #VR