I’ve been following the aftermath of the total collapse of LUNA and the UST “stable coin”. It has sent shockwaves through the crypto community and affected the lives of many people who had put their trust – and savings – into a protocol they believed was rock solid. UST was the central narrative of Terra’s…
2021: The Rise Of The Cube (Or Should We Say Somnium Space)
In recent months, the Somnium Cube has been soaring. From a relatively stable $2-$2.5 range it jumped to all time highs around $25. Currently it sits above what appears to be a support level of $10. The concept of “support level” is used in so-called technical analysis, a study of market charts and patterns. This…
Over $1.8M of Land Sales in Somnium Space
Somnium Space, the leading virtual reality platform, is riding high on the back of several announcements that position this up and running VR world as a very interesting alternative to Facebook’s plans with Meta. In the last thirty days, the total value of NFT land sales in Somnium Space has exceeded $1.8 million with several…
Somnium Space NFT’s: Nothing Like Tulip Mania
Ever heard of the Tulip Mania? It is generally assumed to be the first ever recorded speculative bubble in history. It was when the price for tulip bulbs reached extraordinary high levels and then dramatically collapsed in February 1637. It all happened in the Dutch Republic, now Kingdom of The Netherlands. History has a tendency…
What The Heck Is “The Metaverse”?
The Covid pandemic stopped travel and closed down businesses, slowing down economies, inflicting political divide, and making us question authority and our roles in the greater human community. Most of us have been set back invaluable time, energy, resources, and relationships. Many of us have lost much more. If we’ve gained anything from the past…
The Somnium Space Metaverse Is Expanding: Land Auction Dates, Creators FUND Initiative, BuilderSDK (LIVE), WORLDs SDK
The Ethereum blockchain open world of Somnium Space is pioneering the metaverse and crypto goods market in ways we never imagined. The persistent, player-created virtual world- already well on its way to being fully immersive, having a full-fledged economy and being bewitchingly realistic- still has a few magic tricks up its sleeve. With dates scheduled…
Somnium Space monthly trading wrap-up: August, September and October 2020
Trading activity can be an interesting technical indicator for how Somnium Space is developing. It may provide insights into platform usage and popularity and can help to spot trends. Unlike internal measures such as membership counts, logon activity and Builder uploads, which are undoubtedly tracked by Somnium Space, trading activity can be analyzed using publicly…
Somnium Space monthly trading wrap-up: July 2020
Trading activity can be an interesting technical indicator for how Somnium Space is developing. It may provide insights into platform usage and popularity and can help to spot trends. Unlike internal measures such as membership counts, logon activity and Builder uploads, which are undoubtedly tracked by Somnium Space, trading activity can be analyzed using publicly…
Somnium Space monthly trading wrap-up: June 2020
Trading activity can be an interesting technical indicator for how Somnium Space is developing. It may provide insights into platform usage and popularity and can help to spot trends. Unlike internal measures such as membership counts, logon activity and Builder uploads, which are undoubtedly tracked by Somnium Space, trading activity can be analyzed using publicly…
Somnium Space monthly trading wrap-up: May 2020
Trading activity can be an interesting technical indicator for how Somnium Space is developing. It may provide insights into platform usage and popularity and can help to spot trends. Unlike internal measures such as membership counts, logon activity and Builder uploads, which are undoubtedly tracked by Somnium Space, trading activity can be analyzed using publicly…