Excesspips
@excesspips
Do you remember what the hype around Metaverse was like and it's decline? Metaverse was hyped for it's potential to revolutionize digital interaction but crumbled due to lack of real utility,high costs and centralization Here's where @Somnia_Network steps in 🧵
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Excesspips
@excesspips
▫️Somnia is a new EVM compatible layer-1 blockchain designed to support high-demand virtual applications with an emphasis on transaction scalability and AI integration. Somnia uses blockchain technology to ensure transparency, security and decentralization.
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Excesspips
@excesspips
It is designed to power the next generation of digital ownership. Tokenization of digital assets and identities enable users own, control and transfer them across multiple virtual environments seamlessly without restriction of centralized platforms.
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Excesspips
@excesspips
▫️Why does this matter? Today, most digital environments—social media, gaming platforms, and virtual economies—are controlled by corporations that dictate how users interact, own, and monetize digital assets. Somnia removes these limitations by decentralizing control and ensuring that users retain ownership of their data and virtual properties.
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Excesspips
@excesspips
▫️what makes Somnia network stand out? 🔸 Decentralized identity What if I told you that you could create an Immutable unique digital identity that would not vanish into thin air because the platform you registered on is no longer "online"? Somnia proposes a blockchain-based identity that persist across multiple platforms, seamlessly. And the prevention of loss of one's digital identity due to a platform being discontinued is guaranteed
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