What is Somnium Space Cubes (CUBE)?
CUBE is a native ERC-20-based token of the Somnium Space network. CUBE can be utilized to buy virtual assets, pay for products and services in the metaverse (for example, renting land, paying for games and events), and award players with positive "Karma." Check out the current CUBE price on the chart above. It also features the previous Somnium Space Cubes price and its latest fluctuations.
Somnium Space is a decentralized virtual reality realm driven by blockchain technology (Ethereum and Solana). All people in this universe may buy land, create or import things, utilize their avatars and scripts, monetize their adventures, and totally immerse themselves in the environment of an alternate virtual reality.
Players in Somnium may securely interact, work, develop, and have fun with other users situated hundreds of kilometers apart. Somnium's goal is to build a spectacular user-generated virtual world that complements reality. This digital reality is full of fresh and fascinating opportunities that thousands of people may experience at the same time.
The purpose of Somnium Space is to create a cross-platform digital world, ranging from mobile apps to pc virtual reality. This reality is expanding in tandem with a global economy based on blockchain technology, giving rise to a Metaverse.
Use Cases of CUBE
As mentioned before, the platform's native currency is CUBE. Essentially, this token supports all transactions within the network. CUBE tokens are used on the metaverse in order to play arcade games, access amusement parks, utilize teleporters, or race vehicles. Also, artists can use CUBE to sell tickets to tourists for museums, concerts, and other events.
Though it should be mentioned that CUBE is not designed to be a financial tool for speculation or investment, but rather a coin that fulfills the purposes of trading products and services in the economy within the digital environment.
CUBE also aids in the creation of smart contracts in order to construct payment gateways with high speed and cheap cost to service vr-commerce.
Moreover, users may also utilize the CUBE token to visit other players in Somnium and send propositions to swap their NFTs. Via a very easy procedure, the NFTs directly move to the buyer's wallet while the seller gets more CUBE coins in their wallet.
To get a better understanding of the token, you can view the latest CUBE price, trade volume, market cap, and other parameters in the charts above.
Who Founded Somnium Space Cubes?
Artur Sychov is the founder and CEO of the Somnium Space Cubes crypto project. Before launching the platform in 2017, Sychov served as a stock broker and an electricity trader in prominent companies, including E.ON. He also founded EASYCHARGE.me GmbH in 2014 and went on to start another enterprise, Authencity, in 2020.
