Somnia

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What is Somnia? The decentralized virtual social ecosystem Somnia

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Somnia is a layer 1 blockchain designed to meet the needs of large-scale real-time applications, such as the metaverse, on-chain games, and decentralized social platforms.

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Developed by the Virtual Society Foundation (VSF) with support from Improbable, Somnia leverages Multistream Consensus technology and architectural enhancements to achieve superior performance compared to many current networks.

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Key features of Somnia

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Outstanding performance: With over 1 million TPS and transaction completion times under 1 second, Somnia is ideal for the metaverse and real-time games.

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Low cost: Transaction fees below 0.01 USD, suitable for large-scale applications with millions of users.

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EVM compatibility: Developers can easily transition dApps from Ethereum to Somnia without needing to rewrite code.

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Omni-chain protocol: SOM0 and SOM1 enable assets and experiences to move between blockchains, enhancing interactivity in the metaverse.

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Metaverses on Somnia are applications that provide interactive spaces for users, ranging from real-time games and online music events to virtual business meetings.

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A standout project in the Somnia ecosystem is MSquared, built directly on the Somnia blockchain and the SOM0/SOM1 protocol. MSquared organizes many large-scale public events, such as Kosmopop (in collaboration with Twice), MLB, and Edison.

#Coinbay #Somnia #STT

Numbers can be deceiving.

145M wallets on #Monad
30.9M on #Somnia
4.9M on #0glabs
3M on #MegaETH
25k ON #Succinct

impressive? Yes. But less wallets doesn't always mean bigger rewards.

More hype doesn't always mean bigger rewards.

What truly matters is the execution, the team's commitment, and how much they value their community.

The real power is in how they deliver, not just how many wallets interact or how much hype they build.

Somnia Secures $270M to Revolutionize Blockchain Scalability and Adoption. 🔥⚡

Somnia, a high-performance blockchain network, has raised $270 million from investors including Improbable, M², the Virtual Society Foundation, a16z, SoftBank, Mirana, SIG, Digital Currency Group, and CMT Digital. This funding follows Somnia’s DevNet debut, which showcased 1 million TPS and sub-second finality, setting new benchmarks for blockchain scalability.

The investment will accelerate Somnia’s ecosystem through developer grants, infrastructure expansion, and cross-industry collaboration. Developers will benefit from advanced toolkits, streamlined APIs, and accelerator programs supporting Web3 startups, gaming studios, and dApp creators. Somnia aims to bridge blockchain with mainstream industries, enabling real-time, cost-efficient applications across gaming, finance, and the metaverse.

Somnia’s DevNet performance outpaces Ethereum and Solana, addressing Web3’s decentralization-performance challenge. By delivering speeds rivaling centralized systems, the network can support instant, high-volume applications like multiplayer gaming and DeFi.

With Testnet on the horizon, Somnia will refine transaction efficiency, enhance onboarding, and forge partnerships with gaming giants and financial institutions. This $270M boost positions Somnia to transform blockchain from a niche innovation into a foundational digital infrastructure.

#Somnia #a16z #SomniaDevNet