Introduction
Somnium Space (CUBE) is also a virtual reality world built on the Ethereum public blockchain, but what sets it apart is its cross-platform compatibility. It aims to leverage virtual reality, blockchain, and cryptocurrency to create a shared, cross-platform virtual world.
The project seeks to establish an independently functioning economic system within the virtual reality world, allowing players to gain immersive experiences and earn profits that can be shared with the real world.
Scenarios
Somnium Space’s metaverse has its own economy and monetary system, where users can build infinitely expandable worlds. By tokenizing land and in-game assets (NFTs) on the platform, Somnium Space transfers asset ownership to users, thereby separating the project’s parent company and game operators from the ownership of assets within the platform.
The platform’s native token is CUBE, which players can use to purchase land on the OpenSea marketplace, design various structures, and import them into Somnium Space. Users’ virtual assets can be transferred at any time to other Ethereum-supported platforms or liquidated.
The total supply of CUBE is 100 million, with a current price of $2.14. The circulating supply is approximately 12.76 million, with a market capitalization of $27.29 million, and there are currently 1,151 token-holding addresses.
Data
According to NonFungible data, as of June 16, Somnium Space’s trading volume over the past 7 days was $21,639, with a historical total trading volume of $10.28 million and a total of 3,590 transactions.
On OpenSea, Somnium Space’s trading volume is 20,885.38 ETH, with 597 wallets participating in transactions.