Blockchain layer one and Metaverse protocol layer To improve accessibility and user-friendliness, Somnia has introduced the Metaverse Browser. It has been gaining a lot of attention in mainstream culture lately, and businesses like The Sandbox are starting to attract recognition outside of the Web3 community. Despite the early enthusiasm, developers still have trouble drawing in new customers to keep digital reality growing.
The layer-1 blockchain and metaverse protocol Somnia has taken action to improve the metaverse’s usability and accessibility to address these issues. On May 15, Somnia released its Browser, which features an easy-to-use interface that makes it easier to explore Web3 and create original content.
Paul Thomas, founder of Somnia, said they hope to set the stage for a more “inclusive and accessible metaverse.”
“This platform is about simplifying technology and empowering individuals to explore and create without limits.”
He emphasized that within the Somnia ecosystem, users may also design and launch decentralized applications using the browser. This contains tools for creating items, which will make use of generation tools based on artificial intelligence (AI) to make it simple for anyone to build objects even if they have no prior experience with 3D art.
Thomas says they are launching a first-party marketplace where users can trade their avatars and metaverse items for cash, establishing the “metaverse object economy.”
“A software development kit will be available to developers, allowing them to create apps that facilitate user interaction with the metaverse,” the developer stated. “These apps could be anything, such as a metaverse marketplace or a profile viewer.”
Partnerships and Growth Projections in the Metaverse
Additionally, Somnia and Web3 media business Yuga Labs have partnered to offer special rewards to owners of specific nonfungible token (NFT) collections from Yuga Labs. During the Somnia Point Dream Hunt incentive campaign, which encourages participation in metaverse experiences, these users will gain bonus points.
With these agreements, Thomas hopes to “drive initial community engagement” and encourage some of the largest Web3 communities to use their web browsers to explore the metaverse.
Prominent for pioneering the fusion of digital and physical realities and building the “Yugaverse,” Yuga Labs is well-known for its NFT collections, which include Mutant Apes, CryptoPunks, and Bored Ape Yacht Club. After Greg Solano appointed CEO two months earlier, Yuga Labs declared on April 26 that it was going through a reorganization process.
Statista Research indicates that despite the metaverse business struggling, it is still expected to grow to $74.4 billion by the end of 2024. Even with modest predictions, its general trajectory suggests it is poise for upward expansion.