Somnia Network | Metaverse for Beginners | Best Cryptocurrency to Invest

Somnia Network | Metaverse for Beginners | Best Cryptocurrency to Invest

what’s up guys in this video I will show you 
a level one blockchain project that has an omn  
chain protocol that can connect to the metaverse 
I’m not a professional adviser but let’s get it  
on all right guys so this is the landing page of 
somnia link to this will be in the description  
of the video so guys first things first somnia 
guys is the brainchild of the virtual Society  
foundation and it aims to unlock the power of 
the metaverse to bring fulfillment and value  
to all its users now guys to do what they are 
intending to do somnia will create what we call  
the metaverse computer now that computer that they 
will be creating guys will allow all people places  
and things to exist on chain be operable and be 
composable in the metaverse now this is critical  
for creating a future metaverse not controlled by 
a single Mega Corporation where value flows to all  
its participants so all its users now the somnia 
project guys will include a set of Technologies  
as well as an ecosystem that is around them the 
project is going to be backed by improbable and  
you can find some of the inspiration behind it 
in the M sord codex and while improbable will  
be involved in some of the technical aspects 
of the project the project will actually need  
a large number of people to realize its vision 
and the mission of sonnia guys is that they want  
to see the metaverse in its most powerful State 
and what they like is an ecosystem that is rich  
in experience valuable virtual assets and enough 
decentralization to enable people to create real  
Business Without relying in a single gaming 
platform so that is the mission of sonnia and  
guys I would strongly suggest that you check out 
when you do your own research check out all the  
information I will actually go ahead and show you 
this light paper that they have so they have all  
sorts of information here that you guys could go 
ahead and review that way you would know what is  
sonnia after what are the things that they have in 
the pipeline and what are the things that they are  
promising to deliver that way you can decide if 
this is something that you would like to invest  
on all right so this is their link page they have 
the website the Twitter Discord telegram Reddit  
galx zely and Guild I would strongly suggest 
that you follow all their social media platforms  
that way you will not miss out on any updates 
airdrops giveaways raffle and all that when  
they do it all right so this is their Twitter 
account guys you will see here that they already  
have 66,000 plus followers and still growing so 
this is their Galax account they also have their  
Reddit account this is uh very very informative I 
find reddits from projects to be very informative  
they have a lot of information that they put in 
there and then the next one that I have here is  
the LinkedIn account so this is their LinkedIn 
account I would also suggest that you go ahead  
and check this one out that way you would know you 
know what are the links to that who are the people  
behind somnia and what are the things that you 
can find out when you do your own research and  
the next one is z okay this one right here so 
those are some social platforms that we are not  
very very familiar with but they are using and I 
bet that they will also provide Vital Information  
right there so I would strongly suggest you check 
them out as well okay so this is their Guild  
account sonnia squ creting a virtual Society with 
a level one blockchain and a set of omni chain  
protocols that is designed to bring millions 
of users into an open and unified metaverse  
so those are the things that I feel you guys need 
to know about somia and stay until the end screen  
videos those videos will definitely be helpful 
for your crypto journey and guys if you not yet  
subscribed to the Channel please feel free to go 
ahead and do so there are a lot of videos that we  
have created that will definitely be helpful for 
you and I will see you on the next I’m out peace

Somnia Network | Metaverse for Beginners | Best Cryptocurrency to Invest

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Welcome to Our Somnia Network Video!

📍Introduction
Somnia is a project initiated by the Virtual Society Foundation. This project aims to realize the potential of the metaverse and to help create fulfilment and value for all of us.

To do this Somnia is going to enable what we refer to as “the Metaverse computer”. This will enable all people, places and things in the metaverse to be on-chain, interoperable and composable. This is essential for a future metaverse that is not controlled by one mega corporation and where value flows to its participants.

The Somnia project will encompass a set of technologies and an ecosystem around it. These include a new high performance L1 Blockchain, a protocol for interoperable and composable content and a consumer facing browser to interact with the network (the metaverse browser).

This project is supported by Improbable and you can see some of the inspiration for the project in the M² codex. Improbable will be contributing to some of the key technical components (the Blockchain) but the project will require a host of people to fufill its vision

⭐Mission
Somnia want to realise the metaverse in its most powerful form. A network of rich experiences, useful valuable virtual objects and sufficiently decentralised to allow people to build real companies without dependence on one big gaming business.

The primary goal of this ecosystem is to get the building blocks out there and overcome the major limitations that have killed all previous such endeavors. These limitations include:

Bad and uncompetitive experiences.

No way to put the world and economy on a chain so they can be part of a connected metaverse.

No way to endlessly compose or build businesses that add value to each other while remaining investable.

Limitations of Web3

While blockchain and Web3 infrastructure promise decentralisation, shared state and rule-based systems, they fall short in practice for metaverse applications in the following ways:

Inadequate infrastructure: These systems are designed to support financial transactions and cannot support a large-scale virtual world. This requires a significantly higher level of performance and off-chain infrastructure to support millions of users all over the world transacting.

Lack of a protocol to define things: There is no existing protocol that can define the rules of a composable world or allow for the creation of new primitives, making extensibility difficult.

To overcome these challenges, we need to address the following key issues:

Performance of current blockchains: To move the logic of things on-chain requires an order of magnitude step up.

A protocol to define the people, places, and things of the metaverse and explain how they function. Enabling them to be interoperable and composable.

Standards to define the things of the metaverse.

An incentive structure that encourages sharing and ensures value flows to all participants of the ecosystem.

Combining these elements can enable more actors to participate, faster creation, and ensure all participants are appropriately incentivised without central control. This is the pathway to unlocking a truly valuable metaverse.

____________________________________________________________

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.

I hope you found value in our Somnia Network video. Make sure to leave a like on the video if you gained value from it!

#Somnia #Metaverse #Crypto #nftcommunity #nftcollectors #nftmint #racinggame #nftdrop #cryptogame #game #games #nextbigthing

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⏰Timestamps⏰

00:00 metaverse for beginners Introduction.
00:12 metaverse for beginners summary.
03:40 metaverse for beginners project outro.