Somnium Space – Where The Blockchain Technology Meets Virtual Reality

Project Reviews / 08.09.2019

The experience of immersion and telepresence is what sends any human into a programmable Virtual Environment. Breaking the ice of Virtual Reality were the likes of Antonin ArtaudMorton HeiligIvan Sutherland etc. through whose foundation and the further developments of other computer scientists have brought the concept of Virtual Reality this far.

The appreciation of the concept of Virtual Reality is on the rise to the extent that its market value in the United Kingdom was recorded to be about 46.4 million British pounds and yet is predicted to be about 354.4 million by 2020. This incredible market growth has brought along several industries like Amazon, Sony, Facebook, Apple who are all investing huge sums of money into the development of Virtual Reality Applications and Devices. However, most of the products of virtual reality are so rigid that they do not allow users to explore and build up their own imaginary ideas.

Others are also not dynamic enough hence users usually get bored with the same virtual environment that they see. To make it worst it tends to be a total waste of time after spending much time in a virtual world and accumulating huge amount of assets yet can’t liquidate these at any point in time.

Somnium Space turns Virtual World into Reality

Somnium Space is putting all these set-backs of Virtual Reality in the past by leveraging on the blockchain technology to increase transparency and give back full ownership to people operating within the virtual world. With an already working virtual space which is being enjoyed by different kinds of people Somnium Space is poised to deliver other amazing features where users can also trade items and artefacts they own in the virtual world. Artur Sychov and the entire team behind Somnium Space have done a great job in building Somnium Space to this level.

Their success are not only in words but has also granted them formidable partnerships with Loom NetworkOpenSeaSonyAdmix and with their assistance Somnium Space envisions itself to be the worlds’ first social Virtual Reality world. Through these partnerships Somnium Space virtual environment has already been built with live activities where users are able to interact with themselves, have fun and also get to explore the virtual space of Somnium 1.0.

How to secure a land parcel in Somnium Space

Somnium 2.0 promises to give users a real experience with their virtual world as it comes with improved features, tools, graphics and also the ability to monetize assets and own them with the help of blockchain technology. The Somnium Space team wishes to extend its arms to everyone to be a part of this great vision of establishing Somnium Space 2.0 and making it a reality by partaking in its upcoming Initial Land Offering (ILO). Ideally Tthere are 5000 parcels of land to be offered during this ILO but 500 of them have been taken up by early adopters of this great vision. The remaining 4500 parcels of land would be auctioned in the upcoming ILO and with such an expected market growth of about 364 million pounds in the Virtual Reality industry this ILO I believe is a great opportunity to be a part of this formidable vision.

Crowdfunding in the crypto industry has attracted many unencouraging rumours due to the level of fraud, dishonesty that has led to investors losing huge sums of money yet for white elephant projects. Somnium Space has proven of its honesty and hard work to the entire cryptosphere after having a successful crowdfunding and also seed fund to build Somnium Space 1.0 hence giving every investor out there full confidence in being a part of this Initial Land Offering.

In addition to this, Somnium Space has established strong partnerships with renowned and reputable blockchain projects to ensure that the token economics are well structured and laid out to bring high liquidity to users. Token economics is the strong backbone of crypto startups and also the triggering factor that brings most amazing projects crushing down. Somnium Space has planned its token economics right from the very start and have put in place the necessary measures to keep a constant liquidity of its tokens.

This Initial Land Offering gives every investor out there the opportunity to own a piece of the incredible Somnium Space and with its improved features users can build and monetize their assets that they accumulate in the virtual environment. By running Somnium Space on of the world’s popular blockchain network Ethereum, users can be fully assured that their assets are safe against any 51% attack. The launch on Ethereum blockchain network also gives Somnium Space a huge exposure in the cryptosphere in the near future, hence the more reason why you have to get on board during the upcoming ILO. It is highly expected to see a huge demand for a piece of Somnium Space in this  Initial Land Offering so don’t miss this early opportunity and starting prices are the same as Indiegogo prices.

Conclusion

The numerous rates at which Virtual Reality products and applications are being developed into the world only shows the great future of this industry and its exponentially increasing market value. Somnium Space through its Initial Land Offering which goes live on the 6th ofin October gives you the opportunity to own, create content and monetize your assets in the all new Somnium Space 2.0. Don’t miss this opportunity of getting a portion of the 4500 parcels of land for sales during this upcoming Auction.

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Holds a degree in BSc. Nursing from the University of Cape Coast, Ghana yet an addict to the blockchain technology and the cryptosphere. He combines the promotion of crypto projects and also the making of professional contents all to get innovative projects to the real world. He is a passionate Community manager and a Marketing Advisor for blockchain startups.