Acquire LAND in Somnium Space VR

SUMMARY

Proposal to acquire a at least an XL Estate in the Somnium Space Metaverse

BACKGROUND

The MGH DAO is seriously committed to supporting the development of the metaverse. Therefore, we are constantly looking for new opportunities in different virtual worlds to find LANDs that will be suitable for our community members to unleash their imagination and participate in the creation of a new paradigm. This proposal is aimed at participating in the ongoing Somnium Space LAND sale.

MOTIVATION

Given the increased adoption of metaverse related topics, it is key for the MGH DAO to increase its exposure in multiple virtual worlds. Somnium Space VR is a multichain metaverse focusing on creating VR experiences. They are introducing a concept called Somnium Worlds where users can create fully programmable customizable and monetizable experiences such as an arcade, racing game, shooter, etc. Taking into account that they are the only functional VR compatible metaverse at the moment, it is a great opportunity for the MGH DAO to purchase some land and show presence in this promising virtual world.

SPECIFICATION

Acquire at least an XL Estate in the ongoing LAND auction with a budget of $40000 USD (in either ETH or CUBE). The land needs to have at least two of the following characteristics:

• Near center of the map
• Next to a road
• Next to lakes or rivers
• Near teleporters

VOTING PERIOD

72 hours

CONCLUSION

This proposal aims to expand MGH’s exposure in the Somnium Space VR metaverse. Considering the big upside potential of virtual real estate and metaverse related assets, it is the right moment to acquire lands. This will allow the MGH DAO to foster, together with its community, the development of the metaverse.