The Power Of The Cube: Somnium Launches Creators Fund With $1M In Cubes

Written by Marc Demar

Cubes are Somnium Space‘s native utility token. Ever since its inception it has started to play an ever bigger role in the Somnium economy. And while some people with short term speculative glasses seem only interested in ‘when moon?’ and see their moods swing with every up and down of the volatile crypto market, many have understood that it is not about the ‘rate of the day’, but about the underlying product and utility it offers.

Somnium Space continuously improves their platform. They have a clear vision for the future of an open, decentralized Metaverse, keep putting their heads down and work hard to deliver on that vision.

It speaks for itself that expansion of the Somnium economy is paramount for future success. A range of community initiatives and businesses have come to fruition over the past years, but to further boost activity, Somnium Space started the Creators Fund in 2021.

Creators Fund 2022

The true determination and force of the team behind the Somnium platform, along with its investors, once again comes into full focus. Aspiring Metaverse entrepreneurs/startups better pay attention.

Yesterday Somnium Space announced the next installment of the Somnium Space Creators Fund, a VR show that can best be described as “Shark Tank meets Late Night Show”. They revealed not only that Polygon, Winklevoss Capital & Vinny Lingham joined the fund as investors, but also that they bring the total Creators Fund budget to $1M in Somnium Cubes.

Somnium Space kicked off the 2022 season of the Creators Fund with major investors and a budget of $1M in $Cubes.

Everyone with a Metaverse business idea can apply using the application form. If your idea is selected, you are expected to pitch your idea in VR

The Creators Fund is a program where Creators & Startups will have opportunity to pitch their projects / companies LIVE in front of investors panel from Somnium and partner companies involved. Everything directly while being in Virtual Reality inside Somnium Space! Deals will be made right there! Imagine Shark Tank meets Late Night Show all in VR. – Somnium Space

This isn’t child’s play. This is a full blown challenge to present the very best ideas and get serious funding right on the spot in the very heartland of Somnium Space. All investors have made their name already. They represent the best of the best in the world of blockchain, crypto, NFTs.

Gemini Frontier Fund: is Gemini’s strategic venture arm focused on growing the crypto ecosystem through investment in early-stage crypto projects and startups.

Winklevoss Capital: The family office fund is coming to find Metaverse entrepreneurs who are risk-takers in their blood!

Polygon : The biggest L2 of Ethereum is a Somnium partner for his big plans of scaling interoperability. Now is the creators’ partner too!

GSR: One of the leading market makers and liquidity providers want to invest in the best crypto projects!

Admix : After creating the first billboards of the Metaverse, Admix is ready to take a new challenge in supporting the best creators!

MOCA : The Museum of Crypto Art is a true OG of NFT art and is here to support the best artists of the Metaverse!

Chris Bell : One of the first Somnium Space members from 2017, the landlord of Somnium owning more than 50+ parcels wants to invest in you!

Vinny Lingham: A real Shark from a Shark Tank and Dragon from Dragons’ Den! He’s ready for hard-testing creators and startups.

Pitch Round

First VR pitch round will take place in March. You should follow Somnium Space on their social channels as well as join their Discord to not miss precise dates and other important information.

Follow Somnium Space on: Twitter: https://twitter.com/SomniumSpace

Join Somnium Space Discord channel: https://discord.gg/somniumspace

Follow Somnium Space on Twitch: https://www.twitch.tv/somniumspace

Follow Somnium Space on Instagram: https://www.instagram.com/somniumspace/

Marc Demar
A @somniumspace native, editor of the @somniumtimes,
believer in the future of decentralized, persistent, immersive VR, traveler, trader, writer.