Types of Property in Somnium Space
The types of property available in Somnium Space are as follows:
Land Parcels – There are 5,026 land parcels within Somnium Space. Each land parcel in the virtual world is a non-fungible token (NFT, ERC-721), meaning it’s unique and cannot be duplicated or forged. Land in Somnium Space comes in three sizes, including small (200 sqm and 10m in height and depth build limit), medium (600 sqm and 25 m), and extra-large (1500 sqm and 50m).
Wearables – The NFT wearables in Somnium Space are created by users. Therefore they are shaped and moulded to the user’s best ability and taste.
Vehicles – Cars and other types of vehicles in Somnium Space are NFTs. They can only be operated by their owners only. Avatars usually walk at 4 mph, but cars may travel at 25 mph.
Teleportation HUBs – These are NFTs owned by users who place them on their land parcels as private or public.
Tickets – Tickets can be created as NFT, so only NFT holders are granted access to a particular land parcel. Those who don’t own the NFT ticket will not be able to enter. They also won’t see and hear anything happening on the parcel.