Sensorium unveils new tokenomics laying out Jay Hao’s Web3 vision

Web3 developer Sensorium has announced its updated tokenomics, focused on adding versatility, use cases, and value to its SENSO token.

Sensorium has cited a new direction for the project’s Web3 ecosystem as one of the main drivers behind the new model, following the recent unveiling of Sensorium Arc, an upcoming decentralized platform hosting native and third-party Web3 products. 

SENSO has been the long-time currency powering the Sensorium Galaxy metaverse, with the updated tokenomics paving the way for the token to become a multi-purpose asset across Web3 environments.

More specifically, the developer has revealed plans for a raft of changes and added benefits for Sensorium Galaxy SENSO holders, including a membership card, exclusive access to virtual spaces, in-app discounts and badges.

For its decentralized platform, Sensorium Arc, benefits will extend to exclusive collectible drops, including memecoins, merchandising, NFT minting and DAO participation. SENSO will also become the main payment method for Arc’s transactions. 

Former OKX CEO, Jay Hao, who recently joined Sensorium’s Advisory Board, was a key contributor to the company’s revised tokenomics.

“We’re unlocking incredible possibilities anchored on bringing new layers of value to Sensorium’s ecosystem. From accessing exclusive content and experiences to enjoying special privileges and acquiring unique digital assets, I have no doubt that the SENSO community will benefit greatly from the growth that the token is helping support”,  explained Jao. 

Sensorium held its latest token burn last month, burning $500,000 worth of SENSO tokens following an early-stage NFT land sale of the platform’s P2E metaland project – UNDER.