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• LIGHTPAPER CRYPTO PROFESSIONAL

The token burn was executed at 15:30 GMT. $10 Billion Worth of SENSO Officially BurnedĪs anticipated in our previous announcement, Sensorium Corporation has officially burned 4.2 billion SENSO, leaving the existing token supply at 1.7 billion. Polkadot aims to become the internet of blockchains, where various application-specific blockchains are interconnected with each other and can exchange information and value.

Aside from a sizable reduction in fees, the migration will connect SENSO to the vast Polkadot ecosystem.

This new network is developed with Substrate - a next-generation blockchain technology framework. To a new blockchain network - one capable of delivering competitive conditions that meet the needs of Sensorium Galaxy and all entertainment applications involved. Yet, the sudden increase in ETH value represents a direct threat to small-size transactions within the metaverse. Initially, SENSO was developed using the ERC-20 standard - a widespread solution that guaranteed access to nearly all Ethereum-compatible service providers. Holders of these tokens can get exclusive content access and all sorts of benefits straight from creators. These copyright-protected tokens push creators to build an economy around complementary monetization strategies. Social Tokens (R&D Stage): Through SENSO, metaverse users could issue personal social tokens to themselves and their AI-powered avatars. Use tokens to explore new horizons, join VIP-only group activities, and get paid when completing tasks with exceptional performance. Game mechanics: SENSO tokens make Sensorium Galaxy a more engaging environment for everyone. Structured as DAO, the Sensorium Galaxy metaverse empowers every participant to be involved in the future of entertainment.

LIGHTPAPER CRYPTO PROFESSIONAL

Inside the metaverse, a decentralized marketplace allows professional and user-generated NFTs to be exchanged smoothly and fairly.ĭecentralized Autonomous Organization: Holding SENSO gives users a unique chance to take part in multiple product-level decisions. NFT Marketplace: Every participant of Sensorium Galaxy can use SENSO to buy and sell non-fungible tokens.

SENSO is used to pay for minting NFTs and listing them on the marketplace. Sensorium Galaxy leverages NFTs to protect users’ digital identities and enable them and their AI-powered avatars to create digital collectibles. NFT Minting: Inside the digital metaverse, users can easily monetize their passions. SENSO was first designed as an in-platform currency for value transactions within the Sensorium Galaxy. In the nearest time, we will share an updated Whitepaper with further details on each token use case and its integration to specific mechanics within the alternate universe of Sensorium Galaxy. Why is SENSO moving to a new blockchain?.How is the SENSO supply currently allocated?.Why is Sensorium Corporation burning SENSO?.What can Sensorium Galaxy users do with SENSO?.Why is SENSO structured like a cryptocurrency?.