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Somnium Space CUBEs

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Ethereum: 0xdf80...39f4
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Market Cap

5782780
#1725

All-Time High

28.12

All-Time Low

0.03639773

Fully Diluted Valuation

15605105

Circulating Supply

14842905.20506071 (37.06%)

Total Supply

40054278.79

Max Supply

100000000

What is Somnium Space VR?

Somnium Space VR is a groundbreaking persistent 3D world, comprised of 5000 land parcels owned by individual users, each recorded on the Ethereum blockchain. Beyond the primary world, users can explore parallel worlds owned by fellow participants. This expansive metaverse is accessible through VR, PC, and Web platforms, with a predominant focus on delivering a rich VR experience.


Recent Video Interview

Main points of the interview:

  • Somnium CEO discussed the VR1 headset's development and features.
  • Identified as an open-source headset, with plans to open-source tracking algorithms, camera access, and sensor data.
  • Pricing details shared exclusively, targeting a starting price around €1,899, with additional costs for add-ons like mixed reality.
  • Collaboration with Prusa for rapid prototyping and potential self-repair options through 3D printable parts.
  • Headphone jack versatility for both audio output and input, featuring a dual microphone system.

Ways to Access Somnium Space

  • Virtual Reality (VR): Designed primarily for VR, offering an immersive experience through PCVR headsets. Also accessible via PC for non-VR users.
  • Web: A lighter version for mobile and PC users, enabling easy exploration of parcels with features like audio and video chat.

Features

Camera Features:

  • Basic Camera: Captures images, offering toggles for view display, AI-powered player tracking, and various filters.
  • Pro Camera: Advanced version with real-time post-processing, extra light sources, drone mode, and multiple camera setups.

Teslasuit Integration: The most advanced haptic suit integrated into Somnium Space, providing users with a multisensorial experience.

Land Parcels: NFTs on the Ethereum Blockchain, allowing users to build personalized structures and showcase their creativity using the Builder SDK. Parcels come in varying sizes, and waterfront parcels offer larger dimensions.

Teleporters: NFTs facilitating fast travel between map locations, available for purchase and placement on owned parcels.

Worlds: Separate instances with unique maps, purchased by players, providing limitless possibilities for creative expression. These act as portals to user-created adventures.

Somnium VR1 Headset

The Somnium VR1 Headset boasts cutting-edge features that redefine the virtual reality experience. Its visual brilliance is delivered through a QLED Mini-Led Fast LCD, offering an impressive 2880 x 2880 per-eye resolution, 210nit brightness, and a 20,000:1 HDR local dimming ratio, ensuring vivid clarity and stunning contrast. Advanced eye tracking at 120Hz enables foveated rendering and gaze analysis, enhancing the precision of interactions.

The headset provides a real field of view (FOV) with a wide 125° horizontal and 100° vertical immersion, delivering an undistorted perspective and crystal-clear clarity. With Ultraleap® top-tier hand tracking technology, users can enjoy seamless and intuitive interactions in the virtual environment.

The headset's connectivity is seamless, featuring an all-in-one USB Type-C cable for native wired PC Mode, three USB-C ports (3.2 Gen2), and mixed reality capabilities through two 12 Mpx path-through cameras. To further enhance modularity, the VR1 includes four modular 3D printable anchor points, allowing users to personalize and attach accessories, providing an immersive and customizable virtual reality experience.

CUBE Tokens

The $CUBE token stands as the official in-game cryptocurrency within Somnium Space, operating as an ERC20 token on the Ethereum blockchain. Serving a pivotal role, $CUBE tokens are not only tradable on platforms like OpenSea but also function as a medium for acquiring various NFT assets within the metaverse. Users can utilize $CUBE tokens to purchase NFT tokens on OpenSea, facilitating transactions within the dynamic virtual economy of Somnium Space.

Additionally, as the platform evolves, there are plans for $CUBE tokens to become the designated in-game currency, allowing users to acquire diverse items and services, thereby solidifying their role in shaping the economic landscape of this innovative virtual reality environment. To acquire $CUBE tokens, users are strongly recommended to use the Uniswap link on OpenSea or explore other platforms like Uniswap and Gemini where the token is available.

Project Development

In the journey toward the launch of Somnium VR1 since the last update in November 2023, the team has achieved notable milestones, fueled by unwavering dedication. YouTubers' exclusive visits provided valuable insights and feedback, validating efforts and inspiring improvements. The released videos garnered growing anticipation and support from the virtual reality community.

In this February update, the team shares progress insights, highlighting implemented enhancements, steps towards smooth mass production, and details on placing VR1 orders. The timeline remains on track, with deliveries scheduled for April and production in March. Preliminary EMC tests have been successfully passed, ensuring compliance.

Behind the scenes, preparations for mass production are in full swing, with meticulous attention to detail. Enhancements include eliminating lens imperfections, improving IPD adjustment range, enhancing microphones and facemask shape, and addressing various aspects for comfort and functionality. Notably, the Chromatic Aberration Total Annihilator (CATA) hardware fix, if successful, promises a groundbreaking visual experience. Further refinements, testing, and collaborations with YouTubers are underway, ensuring the Somnium VR1 embodies true innovation, outstanding quality, and an unparalleled user experience.

Somnium Space CUBEs Price Analysis

As of October 11 2024 Somnium Space CUBEs has a marketcap of $5.8M. This is {{percentagefromath}} from its all time high of $28.12. In terms of its tokenomics, there's a total supply of 40M with 37% currently outstanding. Keep in mind Somnium Space CUBEs has a fully diluted value of $16M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Chat GPT LogoClaude LogoSummarized in part by ChatGPT 4 and Claude