- Somnium Space is a virtual reality world that is integrated with the Ethereum blockchain
Somnium Space has announced that they have sold 110 Ethereum of digital land, worth around USD 15,000, during their first week of land sales this year. This follows a USD 200,000 sale of digital land in October 2019.
Somnium Space is an entire virtual reality world where players can interact and walk around, and it is directly integrated with the Ethereum blockchain. Not only is digital land owned and traded via the Ethereum blockchain, but also all in-game items. Further, Somnium Space has an integrated decentralized marketplace, paving the way for a real economy inside of the virtual world.
Essentially, Somnium Space is following in the footsteps of popular games like Second Life, where users can live out a virtual life and make real money. However, Somnium Space is far more high tech than Second Life since it is integrated with blockchain technology and virtual reality headsets, so users can completely immerse themselves in the digital world.
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