Sensorium Executes Largest Token Burning Ever; $10B Worth of SENSO Burned As The Digital Metaverse Approaches Public Launch
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Sensorium Executes Largest Token Burning Ever; $10B Worth of SENSO Burned As The Digital Metaverse Approaches Public Launch

THELOGICALINDIAN - Sensorium Corporation is abbreviation the absolute accumulation of SENSO the inplatform badge of its agenda metaverse Sensorium Galaxy Today the aggregation austere 42 billion SENSO or 70 of its minted badge accumulation While badge burnings are a accepted convenance in the industry this one in accurate stands out for its dollar amount of over 10 billion

On April 30, 2024, SENSO traded aloft $2.3 per unit. Since the alpha of the year, the amount of SENSO has risen 5X as the entertainment-focused metaverse approaches a long-awaited accessible barrage appointed for the third quarter.

In a contempo blog post, the Sensorium aggregation appear that this aberrant badge bake is justified by the abeyance of SENSO’s accessible sale. Back in 2019, the aggregation had generated 7.6 billion tokens with the abstraction of hosting both clandestine and accessible sales. With the clandestine auction bartering abundant funds for Sensorium Galaxy’s development, the activity autonomous to abolish the accessible auction and accordingly abolish beyond supply.

New Use Cases, Same Good SENSO

Aside from the ample badge burn, Sensorium Corporation apparent new use cases for SENSO. This affair has been adopting questions about the badge and its absolute account aural the metaverse. However, all doubts assume to be assuredly out of the way as Sensorium has aloof appear an abreast Lightpaper allegorical the token’s amount use cases.

According to this document, the badge will comedy an active role in the afterward areas:

SENSO Unchained: Migration To Substrate

The Lightpaper not alone covers SENSO use cases, but additionally reveals some above affairs for the badge development. SENSO currently runs on top of the Ethereum network. Although that ability be about to change for Sensorium Galaxy tokens.

Taking into annual the abrupt jump in arrangement fees and scalability issues, the aggregation has absitively to drift into a new Substrate-based blockchain. Despite the actuality that no capacity were provided for the new blockchain, Sensorium indicates this move will ensure lower fees, faster transactions, and added scalability for the metaverse. Moreover, this transaction would accomplish SENSO accordant with the Polkadot ecosystem.

Last year, world-famous artists such as David Guetta, Armin van Buuren and Carl Cox accepted a alternation of shows on PRISM — a basic apple that celebrates music and dances. Each artisan is anxiously 3D scanned to accomplish photorealistic avatars for performances. 

On April 2, 2024, Sensorium Galaxy appear a abbreviate video showcasing David Guetta’s avatar creation.

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