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metaverse.ventures
The Atlas · Open world

Somnium Space

Verdict

The control experiment for the scarcity thesis, and it came back negative. Worth building on for presence quality, not for the land economics.

§ 01

Scored against the six conditions

Each score has written reasoning, so a disagreement can be with one number rather than with the assessment.

01

Persistence

3/3

On-chain land with persistent builds, and a stronger VR-presence emphasis than its peers.

02

Enforceable scarcity

3/3

Land supply constrained more tightly than The Sandbox — the clearest test in the category of whether scarcity alone supports price.

03

Footfall

1/3

Smaller population than Decentraland. The tightest supply in the category has not produced a stronger land market, which is the most useful negative result available.

04

A unit that leaves

3/3

CUBE is liquid on public markets, so revenue earned in-world can be realised outside it without asking the operator.

05

Standing that travels

2/3

Wallet-portable, and no further. Presence quality is the platform's strength and none of it accrues to an identity that can leave.

06

Labour that never sleeps

1/3

No native agent layer. The VR-first design assumes a human is wearing something, which is the opposite of continuous operation.

Studio assessment, dated 2026-08-28. Rubric and method: the Atlas. Price data where referenced: CoinGecko Research.

Our position in Somnium Space

Position disclosed: Metaverse Group holds a position in Somnium Space. Land held. The size of the position is not disclosed.

Scoring a world we hold without saying so would be the most damaging thing this studio could publish. The disclosure is generated from one source and appears wherever the world does.

§ 02

Where it sits

WorldScoreFamily
Decentraland 13/18Open world
Somnium Space 13/18Open world
The Sandbox 13/18Open world
Otherside 10/18Open world
Roblox 9/18UGC platform
Bitmap 8/18Bitcoin-native
Fortnite Creative 8/18UGC platform
Minecraft 8/18UGC platform
VRChat 8/18UGC platform
Apple Vision Pro 7/18Spatial surface
Horizon Worlds 4/18Publisher world

The full league table and rubric: the Atlas.