The Somnium Space economy consists of three different types of tokens, including Cube Token (CUBE), Land Parcels (PARCELs), and Avatars (AVATARs).
Cube Token (CUBE) – This is Somnium Space’s native utility token based on the Ethereum blockchain (ERC20). The CUBE cryptocurrency facilitates in-game transactions between users. It can be used to buy or rent land parcels, as well as in-game purchases such as vehicles and wearables.
Land Parcels (PARCELs) – PARCELs is a requirement if users want to build an independent Somnium world.
Avatars (AVATARs) – The Somnium Space team introduced avatar tokenisation in late 2020 to expand the use of CUBE tokens. With avatar tokenisation, players can mint their own full-body avatars using CUBE onto the blockchain.