How To Buy Somnium Space NFT? Steps To Begin With!

If you know Metaverse, then Somnium Space will not be new for you. Are you playing Somnium Space and wondering how you can purchase NFTs in Somnium Space? Here is a post for you that will guide you step by step on how to buy Somnium Space NFT.

Somnium Space is an open Metaverse. It is a virtual reality platform that was launched in 2018. Somnium Space is based on the Ethereum blockchain. This metaverse is shaped by a community of users who can buy land, build on that land, import objects, and use NFTs to monetize assets. Somnium Space Metaverse comes with built-in tools that help create 3D objects on the land parcels. Somnium Space has its currency, namely CUBE.

Somnium Space allows users to import NFTs from other NFT Marketplaces. This article will take a closer look at the different types of NFTs that can be imported into Somnium Space and how to buy Somnium Space NFTs. So, let’s start from the basics.

What Can We Buy In Somnium Space?

Somnium Space is a world with its economy and currency. You can operate it with virtual reality devices like Oculus Rift and HTC Vive. It is also a social world where users can interact and explore their creations. Before getting into how to buy Somnium Space NFT, here are the NFTs that you can buy in Somnium Space.

1. Land Parcels

Total land parcels are 5,026. There are three types of land parcels that you can buy from Somnium Space Marketplace.

  1. Small – 200m2 with 10m height and depth
  2. Medium – 600m2 with 25m height and depth
  3. Extra-large – 500m2 with 50m height and depth

Apart from these three categories, you can also purchase a waterfront land parcel.

2. Avatars

We have a lot of avatars available for sale in the marketplace.

  1. VR Driver Suit Avatar
  2. Mantoid avatar
  3. Male avatars
  4. Female avatars
  5. Somnium Space VR avatars

3. Teleport

This is a means of transportation that is placed on the land parcel. It allows your friends and customers to teleport from and to another property even if it is located far away from Somnium waypoint.

4. Tents

You can also buy a tent in Somnium Space that you can use on your land parcels.

5. Somnium Space Worlds

These NFTs are fully programmable, and customizable independent Virtual Reality instances created using SDK.

Also Read, How To Invest In Somnium Space? Beginner’s Guide For Investment

How To Buy Somnium Space NFT?

Currently, the Marketplace of  Somnium Space is selling NFTs using the OpenSea marketplace. So, we will also be guiding you through the process of buying Somnium Space NFTs using OpenSea. 

Step 1: Go To OpenSea

Go to OpenSea. Or, you can go to Somnium Space marketplace. It will also redirect you to the OpenSea Marketplace.

Step 2: Open An Online Account

At the top right corner of the home page, you will find the create option.

This will show you that you need to log in through an Ethereum wallet. This digital wallet is an application that allows you to interact with your Ethereum account. 

First, You need to create a MetaMask account. 

Step 3: Open A Crypto Wallet Account

  1. To open a MetaMask account is easy.
  2. You can download and install MetaMask as your chrome browser extension. 
  3. Once you are on the MetaMask website, Click try it now. 
  4. Then, you have to create an account in MetaMask.
  5. You need to deposit funds in your account.

Step 4: Deposit Funds

  1. The ETH you have already purchased on trading platforms is now stored in this wallet. Find your MetaMask wallet address in your profile. 
  2. Copy this address and paste it on the Send option of your trading platform. 
  3. Enter the amount you want to transfer to your wallet. 
  4. Pay the gas fees.
  5. Confirm the transaction.
  6. This will take up to 30 minutes, so be patient.

Also Read, Cryptos With Lowest Transaction Fees| Which One To Buy?

Step 5: Log In To Your OpenSea Account

Now, you can log in to OpenSea using your MetaMask account. You also have ETHs in your account, so you are ready to purchase.

  1. On the OpenSea, search for Somnium Space VR.
  2. This will take you to the Somnium Space store.
  3. Find the NFT you want to purchase

Step 6: Complete Your Purchase

Once you have selected the NFT you want to purchase, you can click on it.

  1. Check its properties.
  2. Also, check item activity.
  3. Once you are satisfied. Click on buy now.
  4. Complete the transaction.
  5. Wait till verified.

Once you own an NFT, you can upload it on your land parcel. Also, If it is an avatar, then you can wear it.

Market Value Of Somnium Space NFTs

Somnium Space NFTs5.7K
Floor price0.88ETH
Volume traded27.1K
Items on Sale232
Lowest Price NFT0.88 ETH
Highest Price NFT1687 ETH

Also Read, NFTs Vs Stocks | Which Is Best For Investing?

Wrapping Up:

Till now, you might have understood how to buy Somnium Space NFTs and use them in Somnium Space. The marketplace of Somnium Space is under development, so you can directly buy NFTs from that marketplace. Apart from that, you can also pay in Cubes while buying on the OpenSea marketplace. You can earn CUBES while playing in Somnium Space Metaverse.

If you like this article, share it with others. To know more on how to buy Somnium Space NFT, leave a comment below.

Frequently Asked Questions

Q1. How Much Land Is In Somnium Space?

There are 5,026 purchasable land parcels on the Somnium Space map available in three different sizes.

Q2. Is Somnium Space Centralized Or Decentralized?

Somnium Space is centralized as quick decisions must be made in a project of such size. However, they might add decentralized tools and features.

Q3. What Can You Do In Somnium Space?

You can buy houses, land parcels, buildings, and in-game assets. You can also build on your land parcel. You can also explore the creation of other players.

Q4. How Does Somnium Space Make Money?

Somnium Space has its currency, namely CUBE. CUBE is based on Ethereum Blockchain ERC-20. It makes a valuable addition to our blockchain-based economy and makes transfers between players easy.

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