SOMISomnia (SOMI) Price

1.Project introduction

Somnia Network is an ambitious, next-generation high-performance EVM Layer 1 blockchain that recently transitioned into an innovative "Agentic L1" (a foundational network with native AI agent capabilities). It is specifically built for the omnichain Virtual Society, interoperable metaverses, Web3 gaming, and AI applications.

Reactive Architecture & Smart Agents: The network allows smart contracts to natively and securely query external APIs, run deterministic AI models, and scrape web data. Developers can build "Reactive Applications" that automatically respond to both on-chain and off-chain events.

Seamless EVM Compatibility: Despite a complete bottom-up architectural rebuild (compiling EVM bytecode into native code for execution), it remains fully compatible with the Ethereum toolchain, ensuring a seamless migration for Web3 developers.

2.Team introduction

Paul Thomas - Founder & CEO

Computer Science graduate from Imperial College London, ex-Software Engineer and VP Product Management at Improbable, and Technology Analyst at Goldman Sachs. Over a decade building large-scale distributed systems for MMO games and metaverses at Improbable, focused on scaling online worlds and cloud infrastructure.

Sam Snyder - SVP, R&D

Senior Vice President of Research and Development, focused on advancing novel blockchain and gaming technology at Somnia.

Daigan Reid - Head of Community

Responsible for community engagement and support.

3.Investment institution

Improbable, MSquared (lead); a16z, SoftBank, DCG, CMT Digital, Temasek, Horizons Ventures, Mirana, SIG

4.Token application and distribution

Token application

The SOMI token acts as the backbone of the Somnia blockchain. It serves as the medium for gas payments, staking (for both validators and delegators), decentralized governance, and as the mechanism ensuring network security under a delegated proof-of-stake (dPoS) model. Holders can participate in network operations, governance, and earn rewards. SOMI also incentivizes infrastructure development, resource allocation, and ecosystem growth.

Token distribution

TEAM: 11.00%

LAUNCH PARTNERS: 15.00%

INVESTORS: 15.15%

ADVISORS: 3.58%

ECOSYSTEM: 27.345%

COMMUNITY: 27.925%