SENSO

Halal Rating :
Comfortable
Last Price $0.03 Last updated:
Rank 1628
1D Change 2.98 %
Market Cap $2.37m
Circulating supply 70,269,127
Maximum supply 715,280,000

Crypto Overview

Categories
  • VR/AR
  • Metaverse

Project Overview

SENSO is the native token of Sensorium Galaxy, a metaverse platform that focuses on entertainment experiences, particularly in music and arts. The platform aims to provide immersive virtual reality concerts, events, and social interactions.

Intended Utility

The SENSO token is designed to facilitate transactions within the Sensorium Galaxy ecosystem, including purchasing virtual tickets to events, acquiring digital assets, and participating in the platform's economy. It serves as the primary medium of exchange for all in-platform activities.

Actual Utility Assessment

The token currently demonstrates active usage within its intended ecosystem. Sensorium has established partnerships with real-world artists and entertainment figures, showing legitimate business development. The platform has launched several virtual worlds and continues to develop its technology infrastructure.

Token Distribution and Governance

Initial token distribution included significant allocations to the development team and early investors, with vesting periods in place. The project maintains transparency regarding token allocation and usage through regular updates and documentation.

Development Activity

The project shows consistent development activity with regular updates to its platform. The team maintains active GitHub repositories and frequently releases technical updates, indicating genuine technological development rather than mere marketing.

Revenue Model

The revenue model is based on legitimate service provision and digital asset sales, avoiding interest-bearing mechanisms or gambling-like features. The platform generates value through the creation and exchange of digital entertainment experiences.

Crypto Impact

To assign a comfort level investing in SENSO from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to SENSO.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

We will review your contribution for accuracy before publication.

Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.

You only have one vote per asset so use it wisely.

You can change your vote if you change your mind.

Justification for our Halal Rating