SENSO
Crypto Overview
Overview
SENSO is the in-platform token of Sensorium Galaxy, a digital metaverse platform focused on entertainment experiences. The token is built on Ethereum as an ERC-20 token.
Intended Utility
SENSO is designed to serve as the primary medium of exchange within the Sensorium Galaxy metaverse. Its intended uses include purchasing virtual concert tickets, avatar customizations, and digital items within the platform. The token also provides access to exclusive content and experiences.
Actual Utility
The token is actively used within the Sensorium Galaxy platform, which features virtual concerts and AI-driven interactions. Users can spend SENSO on platform features, though the ecosystem is still in development. The project maintains regular development updates and has established partnerships with music artists and entertainment companies.
Token Distribution and Governance
SENSO has a total supply of 1.7 billion tokens. While detailed vesting information is not publicly available, the project has demonstrated continued development and platform expansion rather than focusing solely on token price appreciation.
Technology and Revenue Model
The platform operates on a straightforward exchange of value model where users purchase digital goods and experiences using SENSO tokens. This model does not involve interest-bearing mechanisms or gambling elements.
Industry Focus
The platform focuses on entertainment, particularly music and social interactions. While some avatar customizations may raise modest concerns, the core business model revolves around legitimate entertainment services without explicit involvement in prohibited industries.
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.