Back to main

Somnia Forges New Pathways in the Metaverse and Empower Creators

Table of Contents

Somnia, launched by The Virtual Society Foundation (VSF), emerges as a revolutionary project, introducing an L1 blockchain and omnichain protocols designed for a vast, interconnected virtual society capable of hosting millions. They are set to redefine the metaverse's landscape with its high-performance blockchain with the capability of over 100,000 transactions per second with sub-second finality.  "Sub-second finality" refers to the ability of the blockchain network to confirm transactions and ensure they are irreversibly recorded in the blockchain ledger in less than one second. This technology aims to ensure a more equitable distribution of value amongst creators.

The journey begins, #Somnia has just launched?

Enter The Metaverse Computer ? https://t.co/Atm1AgDGEU

Somnia is creating a virtual society with an #L1 #blockchain and a set of #omnichain protocols designed to bring millions of users into an open and unified #metaverse

Step… pic.twitter.com/FVuHi5FuYy

— Somnia (@Somnia_Network) April 3, 2024

At the heart of Somnia's mission lies its groundbreaking protocols, enabling existing NFT collections to transcend their current limitations. By upgrading these collections into interoperable 3D objects, Somnia ensures they are metaverse-ready.

As the underlying blockchain, the team decided to use Solana which is renowned for its high throughput and low transaction costs. This choice reflects Somnia's commitment to scalability and efficiency which is crucial for supporting expansive metaverse environments and complex user interactions.

The project aspires to redefine the creator economy by making digital assets more versatile, enhancing their utility across various metaverse platforms. This strategic move elevates the value of NFTs in an open collaborative digital universe where creators can shape their destiny any way they like.

Somnia Founder Paul Thomas shares this vision by stating, "The launch of Somnia is not just a massive step for the metaverse, but it’s also a game changer for blockchain technology. Most blockchains excel in finance, but we're breaking new ground for social and creative ventures, overcoming scaling challenges that have historically hampered progress. Our protocols embody the dream of a connected, composable metaverse, fostering unprecedented community collaboration."

The introduction of Somnia's Betanet protocol, soon to be integrated with MSquared's Origin engine, demonstrates its capacity for hosting large-scale events like an official virtual ballpark with MLB and Kpop album launch with TWICE. The network promises to revolutionize how we experience digital gatherings by making the metaverse more accessible and interactive than ever before.

Wrapping up

Somnia and the Virtual Society Foundation are charting a new course for the digital age, where the boundaries between virtual spaces blur, creating a unified, dynamic world ripe with opportunities for creators and users alike. Their efforts promise to enhance the metaverse's technological framework and cultivate a vibrant community where innovation, creativity, and collaboration thrive.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

Read on CoinCodex Investment Disclaimer