Somnium Space CUBEs

Somnium Space CUBEs (CUBE) is the native in-game currency of the *Somnium Space* virtual reality (VR) metaverse. It is an *ERC-20 token* built on the *Ethereum blockchain*, with a *Layer 2 implementation on Polygon* to enable low-cost, high-speed transactions.

CUBEs serve as the primary currency for all economic activities within *Somnium Space*, a persistent, decentralized VR world where users can buy land, create experiences, and monetize digital assets. The token plays a fundamental role in *vr-commerce*, allowing seamless peer-to-peer transactions inside the virtual universe without intermediaries.

CUBEs are designed for *true digital ownership*, empowering players with control over their assets through blockchain-based authentication. The currency is used for in-game transactions, NFT purchases, services, and experiences, supporting a self-sustaining economy that operates on *Ethereum (mainnet)* and *Polygon (Layer 2)* for efficiency and scalability.

Additionally, Somnium Space is developing *smart contracts* that will integrate *drag-and-drop payment gateways* in the platform’s builder, making it easier for users to set up monetized environments without needing technical expertise.

CUBEs serve as the core medium of exchange in the *Somnium Space metaverse*, enabling a variety of transactions and interactions:

• Purchasing Virtual Land and Assets: Users can buy, sell, and rent virtual land parcels and other in-game assets as NFTs on platforms like OpenSea.
• Monetizing Experiences: Artists, developers, and entrepreneurs can charge CUBEs for access to museums, concerts, arcade games, and immersive experiences.
• NFT Trading: Avatars, wearables, vehicles, and in-game items can be bought, sold, and transferred using CUBEs, ensuring real ownership and interoperability.
• Teleportation and Transportation: Players can use CUBEs to access teleporters and vehicles, which provide faster travel across the metaverse, enhancing mobility and interaction.
• Layer 2 Integration for Low Fees: Users can bridge CUBEs between Ethereum and Polygon, allowing for near-zero gas fees and instant microtransactions, making it practical for high-frequency in-game trading.
• Paying for Virtual Businesses & Services: Somnium Space enables players to run businesses, host events, and sell digital goods in a decentralized economy, using CUBEs for payments.
• Smart Contracts for Automation: Future updates will introduce automated contracts that simplify transactions, allowing users to set up monetized environments without coding.

By integrating blockchain technology, CUBEs support a *fully decentralized digital economy*, ensuring that all transactions are secure, transparent, and accessible in a user-driven metaverse.