Sensorium kickstarts SENSO token burning as private sale of UNDER NFT Land begins
The buzz surrounding Sensorium’s long-awaited metaverse gaming project, UNDER, has reached new heights as the company reported a private sale of Non-Fungible Tokens (NFT) associated with this new virtual world. In a demonstration of commitment to a healthy tokenomics ecosystem, Sensorium also burned $500,000 worth of SENSO tokens after the operation.
UNDER, a groundbreaking metaverse project, will feature 25,000 NFT land packs integrated with blockchain game mechanics and a comprehensive upgrade system tied to original games. Once the private sale has ended, the general public will have access to a multi-stage NFT drop.
The initial offering will include 2,500 NFT packets, with all transactions settled using SENSO tokens. Both private and public proceedings will contribute to the burning of SENSO tokens.
By owning an UNDER NFT land parcel, users will be able to monetize their blockchain gaming experiences on Sensorium’s decentralized platform. Each NFT land pack is equipped with resources known as SENSO Aura (SAr) that can be mined by owners through various mechanics. Users can then exchange SENSO Aura for ERC-20 SENSO tokens.
SENSO tokens play a critical role in all operations within Sensorium’s platforms, acting as the ecosystem token, facilitating NFT mining, NFT marketplace transactions, game mechanics and social tokens. SENSO also enables users to participate in Sensorium Galaxy’s Decentralized Autonomous Organization (DAO) for creators.
The recent burning of $500,000 worth of SENSO tokens is not the first time Sensorium has taken such a step. In 2021, the company burned 1 billion SENSO, leaving the total supply of 700 million tokens.
In another significant development, Sensorium recently announced that well-known crypto businessman Jay Hao, former CEO of OKX, has joined their Expert Advisory Board. With a wealth of blockchain experience, including his position at the world’s second largest cryptocurrency exchange, Hao is expected to provide valuable insight to Sensorium as they continue to break new ground in the fast-growing Web3 space.
As the demand for quality blockchain gaming experiences grows, Sensorium’s UNDER project is well positioned to capture the imagination of gamers and crypto enthusiasts alike. The successful private sale of NFT land parcels and the strategic burning of SENSO tokens demonstrate the company’s interest in providing a thriving ecosystem for its users.
With more NFT land packs set to become available to the public in the near future and the addition of industry expert Jay Hao to its advisory board, Sensorium looks set to make a significant impact in the metaverse and blockchain gaming sectors. As the world continues to embrace the potential of Web3 technologies, projects like Sensorium’s UNDER can play a central role in shaping the future of digital interaction and entertainment.
Disclaimer: This is a paid post and should not be treated as news/advice.
