Somnium Space CUBEs
CUBE
Somnium Space CUBEs Price, CUBE Price, Live Charts and Marketcap
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Price of Somnium Space CUBEs today
The live price of Somnium Space CUBEs is $0.269 per (CUBE / USD) today with a current market cap of $-67.4K USD. The 24-hour trading volume is $21.9K USD. CUBE to USD price is updated in real time. Somnium Space CUBEs is -2.20 % in the last 24 hours. It has a circulating supply of 14,842,905.205 .
What is the highest price of CUBE?
CUBE has an all-time high (ATH) of $28.12, recorded on 03-11-2021.
What is the lowest price of CUBE?
CUBE has an all-time low (ATL) of $0.036, recorded on 13-03-2020.
Somnium Space CUBEs market information
Somnium Space CUBEs Information
The information about Somnium Space Cubes (CUBE) token is:
Somnium Space Cubes (CUBE) is an ERC-20 token launched on the Ethereum blockchain, serving as the native utility token for Somnium Space, a virtual reality (VR) metaverse designed to create an open, social, and persistent world powered by blockchain technology.
The token was developed by Somnium Space Ltd., a UK-based company founded by Artur Sychov in 2017, with its ecosystem aiming to allow users to buy land, build or import NFTs, explore, and trade within a decentralized VR environment.
CUBE has a total supply of 100 million tokens, intended to facilitate all in-world transactions, such as purchasing virtual assets (e.g., land, wearables, avatars), paying for services like teleportation or event tickets, and rewarding players for positive contributions via a “Karma” system.
The token supports a peer-to-peer economy within the metaverse, enabling seamless transfers between players for assets like NFTs, with its Ethereum foundation ensuring compatibility with wallets like MetaMask and integration with marketplaces such as OpenSea.
Somnium Space leverages Ethereum’s smart contracts to monetize user-generated content, allowing creators to sell digital goods like wearables or tickets as NFTs using CUBE, with no gas fees for certain transactions thanks to layer-2 solutions like Polygon integration.
The token’s utility extends to avatar tokenization, introduced in November 2020, where players can mint full-body VR avatars as NFTs using CUBE, tradable across compatible virtual worlds, enhancing personalization and ownership in the metaverse.
Posts on X and web sources highlight that CUBE is not intended as a speculative investment but as a functional currency for the Somnium Space economy, supporting e-commerce, entertainment, and community interactions in VR.
The platform, accessible via web clients or VR headsets (e.g., Oculus, HTC Vive), uses CUBE to drive its vision of a user-generated virtual world, with additional features like World Tokens—NFTs containing gaming experiences—purchasable with CUBE for land enhancements.