Somnia Network (developed by Virtual Society Foundation)

To enable mass consumer real-time applications to be built at Web2 scale with Web3 properties, creating a more open, equitable internet.

Built as the "Agentic Chain," Somnia is a Layer 1 blockchain that processes over 1 million transactions per second with sub-second finality and sub-cent fees. The network runs on multi-stream consensus and a custom database called IceDB to achieve performance an order of magnitude faster than existing chains. What sets Somnia apart is native support for AI agents that can query APIs, run deterministic models, and execute automated actions entirely on-chain. Developers can build reactive smart contracts that listen for data changes and trigger responses in real-time — enabling applications like prediction markets with AI resolvers, full order book DEXs, and autonomous agent coordination that weren't possible before. The platform is EVM-compatible, so existing Solidity contracts deploy without modification.

Products

The core product is Somnia's Layer 1 blockchain with its multi-stream consensus engine and IceDB database. Key features include Somnia Agents — decentralized compute containers that run LLM tasks and process external data on-chain — and Somnia Data Streams for structured data publication and subscription. The team is building dreamDEX, a zero-fee, yield-bearing, fully on-chain central limit order book exchange. Cross-chain integration happens through LI.FI for liquidity mobility across the ecosystem.

Funding

Somnia's ecosystem has received up to $270 million in committed capital from Improbable, MSquared, and the Virtual Society Foundation. This follows MSquared's $150 million raise in 2022 from a16z crypto, SoftBank Vision Fund 2, Mirana Ventures, CMT Digital, and SIG. In October 2024, Somnia launched a $10 million developer grant program, expanding to a $270 million ecosystem fund by February 2025 to support builders and drive mainstream adoption of high-speed blockchain applications.

Recent news

In the last 12 months, Somnia completed a strategic pivot to an Agentic Layer 1 blockchain, emphasizing the integration of on-chain AI agents. Following its mainnet launch in September 2025, the network reported processing over 2 billion transactions. Recent milestones include the announcement of the dreamDEX decentralized exchange in May 2026 and a strategic partnership with LI.FI in May 2026 to enhance cross-chain liquidity and interoperability. The ecosystem also hosted a successful Reactivity Hackathon in April 2026, which featured over 350 developers and 146 projects exploring autonomous and reactive on-chain applications.

Technology

Solidity and EVM for smart contract development, with the platform supporting standard Ethereum tooling without modification. The underlying architecture uses EVM bytecode compilation to native x86 and the custom ICEdb state database. Demo work typically involves Foundry (Forge & Cast) for Solidity development, Next.js/React/TypeScript for frontends, Tailwind CSS for styling, and ethers.js or viem for blockchain interactions. AI agent frameworks and autonomous agent design are core to the platform's capabilities.

Benefits

Remote work with no office requirement, with preference for Europe or Asia time zones. Competitive salary plus token incentives align your success with the network's growth. The culture is hands-on and self-directed — you generate ideas and ship demos quickly rather than waiting for assignments. Heavy use of AI tools is expected and encouraged as a productivity multiplier. You'll collaborate directly with DevRel, Marketing, and BD teams on high-impact projects with a $1M+ launch budget targeting the 2026 market.