Somnia Launches Betanet, Ushering in a New Era of Interoperability in the Metaverse

Somnia,
an
L1
blockchain
and
a
set
of
omnichain
protocols,
has
taken
another
step
towards
its
goal
of
a
connected
metaverse
with
the
recent
launch
of
its
protocol Betanet.
This
significant
milestone
marks
the
beginning
of
a
new
era
in
the
metaverse,
where
experiences
and
assets
can
seamlessly
move
across
different
virtual
environments.

Thanks
to
the
technology
from
MSquared
and Improbable,
Somnia
is
able
to
launch
a
high-quality
Betanet
on
their
protocol,
while
simultaneously
developing
the
highly
scalable
and
affordable
Somnia
Blockchain.

Somnia’s
omni-chain
protocols,
known
as
SOM0,
are
designed
to
connect
the
metaverse
into
a
cohesive
ecosystem,
enabling
unprecedented
compatibility
and
interoperability.
The
Betanet
will
test
these
protocols,
which
consist
of
three
key
components:
the ‘Object
protocol’
for
creating
virtual
objects
that
can
move
through
any
metaversal
experience,
the ‘Attestation
protocol’
for
streamlined
validation,
and
the ‘Marketplace
protocol’,
which
serves
as
a
global
liquidity
layer
for
creators
to
sell
digital
assets.

“The
metaverse
is
on
the
cusp
of
a
major
transformation,
and
Somnia
is
leading
the
charge
with
the
launch
of
our
Betanet,”
Somnia
CEO
Paul
Thomas
said. “We’re
excited
to
empower
creators
and
users
with
the
tools
they
need
to
bring
their
visions
to
life.”

Phase
1
of
Somnia’s
Betanet,
running
on
the
ETH
Sepolia
Testnet,
allows
users
to
bring
their
digital
identities
into
the
Somnia
Protocol
by
creating
personalized
avatars
through
a
collaboration
with Avaturn.
These
avatars
will
be
compatible
with
any
world
or
experience
built
on
Somnia,
empowering
users
to
attend
massive MSquared events
like
the Twice listening
party
and MLB Virtual
Ballpark.

In
future
phases,
Somnia
will
collaborate
with
established
NFT
projects
to
give
beloved
collections
a
soul
in
the
metaverse
by
rendering
them
as
3D
avatars
for
use
across
interoperable
experiences.
This
initiative
will
unlock
new
realms
of
utility
and
value
for
NFT
collectors.

Later
stages
of
the
Betanet
will
grant
users
access
to
the
Metaverse
Browser,
allowing
them
to
explore
the
Somnia
Ecosystem
and
the
Playground,
where
they
can
create
virtual
spaces,
socialize
with
friends,
and
import
or
create
3D
objects.
The
following
Testnet
phase
will
introduce
a
prototype
of
Somnia’s
blockchain,
which
will
act
as
the
foundation
for
the
metaverse’s
economy.

To
participate
in
the
Betanet
visit betanet.somnia.network

About
Somnia:

Somnia
is
creating
a
virtual
society
with
an
L1
blockchain
and
a
set
of
omnichain
protocols
designed
to
bring
millions
of
users
into
an
open
and
unified
metaverse,
allowing
users
to
move
seamlessly
across
experiences.
Somnia
opens
up
endless
possibilities
for
builders
to
create
content
that
is
portable
and
remixable
content
by
upgrading
existing
NFTs.
Somnia
was
developed
by
the Virtual
Society
Foundation
(VSF),
a
nonprofit
organization
initiated
by
MSquared,
and
Improbable.