Biggest Token Burning in History: Sensorium Burns Over $10B Worth of SENSO To...
Sensorium Corporation, the company behind the highly-anticipated digital metaverse Sensorium Galaxy, has burned 4.2 billion SENSO tokens reducing the existing supply by 70%. To date, this is the largest token burning in the entire history of cryptocurrencies. In dollar value, this supply shedding is estimated at $10 billion. As of this writing, SENSO trades at […]
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Sensorium Corporation is reducing the existing supply of SENSO — the in-platform token of its digital metaverse Sensorium Galaxy. Today, the company burned 4.2 billion SENSO or 70% of its minted token supply. While token burnings are a common practice in the industry, this one in particular stands out for its dollar value of over […]
With COVID-19 cases on the rise and the world’s top economies re-considering strict lockdown measures, cryptocurrency exchange Poloniex has taken an interest in SENSO — a token focused on bringing high-quality entertainment into the rapidly expanding VR space. Poloniex Lists SENSO The exchange has added support for Ethereum-based SENSO tokens on November 17, 2020, giving traders access to two new trading pairs: SENSO/BTC and SENSO/USDT. SENSO is the in-platform currency of Sensorium Galaxy — a social VR platform designed to enhance digital communication through compelling....
On Wednesday, the full-service entertainment company founded by influential hip-hop artist Jay-Z, Roc Nation, revealed the firm has purchased tokens from the Sensorium Corporation. The tokens Roc Nation bought are called senso (SENSO), the in-platform currency of Sensorium Galaxy, an entertainment-focused metaverse that fuses cryptocurrencies with virtual reality (VR). Roc Nation Enters Sensorium’s Blended World of Crypto and VR The Jay-Z-founded company Roc Nation is a firm that specializes in entertainment products and services such as talent acquisition, clothing, publishing,....
DJ David Guetta goes virtual. Sensorium Galaxy, a not-yet-released virtual reality platform, has signed famous French DJ David Guetta. The platform hosts its own ERC-20 token, known as SENSO."In a similar fashion to in-game currencies like Fortnite’s V-Bucks, SENSO is used for all value transactions within the Sensorium Galaxy," Sensorium Corporation's Deputy CEO of IR, blockchain and technology, Alex Blagirev, told Cointelegraph. "While that is the first blockchain application in our alternate universe, we’re working on other applications of the distributed ledger technology," Blagirev....
There are many different ways to bring value to native cryptocurrencies today. Some projects focus on marketing, whereas others have a fixed supply or initiate token burns. Crypterium intends to burn 30% of the total CRPY supply, marking a significant milestone for the crypto bank. Token Burns Remain a Viable Option One of the most […]