On Wednesday, November 18, 2020, the price of bitcoin has been coasting along at levels not seen since the decentralized currency’s all-time high three years ago in 2017. The cryptocurrency’s market capitalization is currently hovering at around $334 billion today. Likewise, the daily rate of bitcoin issuance during the last three years makes the overall market valuation higher than it was when bitcoin touched $19,600 per coin. Earlier this morning (EST), bitcoin (BTC) had surpassed the $18k per unit price zone, as the crypto asset has climbed a whopping 54% during the last 30 days. During the last 90 days against the U.S. dollar, BTC is up 53% and over the last 12 months against USD, the cryptocurrency is up a massive 123% to-date. Three years ago, bitcoin touched an all-time high of $19,600 on Bitstamp, but because of the three years of bitcoin issuance from miners, BTC ’s market cap is higher today than it was on December
Poloniex Bitcoin Lists SENSO As Sensorium Galaxy’s Partnership Spree With World-Class Artists Accelerates
With COVID-19 cases on the rise and the world’s top economies re-considering strict lockdown measures, cryptocurrency exchange Poloniex has taken an interest in SENSO — a token focused on bringing high-quality entertainment into the rapidly expanding VR space.
Poloniex Lists SENSO
The exchange has added support for Ethereum-based SENSO tokens on November 17, 2020, giving traders access to two new trading pairs: SENSO/BTC and SENSO/USDT.
SENSO is the in-platform currency of Sensorium Galaxy — a social VR platform designed to enhance digital communication through compelling virtual experiences like music concerts, dance performances, art exhibitions, and many others.
Developed in collaboration with world-famous artists, producers, and media companies, Sensorium Galaxy has attracted huge interest from the investment community. The project launched in 2018 backed by Forbes-listed billionaire Mikhail Prokhorov. Since then, the company has raised over $100 million making Sensorium Galaxy one of the best-funded VR projects to date.
While the platform is scheduled for public release in early 2021, high-caliber artists like David Guetta, Carl Cox, Armin van Buuren, and Sergei Polunin have already confirmed their participation. Performers will be virtually recreated to host exclusive shows in Sensorium Galaxy. Users willing to join these VR events would pay with SENSO tokens.
Taking Entertainment To the Next Level
Brian Kean, Sensorium Corporation CCO, explains that “Sensorium Galaxy is taking communications and entertainment to the next level. People from all over the world will be able to get together and join mind-blowing events prepared by their favorite artists. All done in a safe, virtual manner. We’re using SENSO to ensure transparency and flexibility when it comes to value transactions within this alternate world. From buying tickets to avatar customization, everything is paid using a reliable and widely accepted blockchain-powered SENSO.”
Earlier this year, Jay Z-owned music streaming service TIDAL partnered up with Sensorium Galaxy to allow their listed artists distribute content in a VR setup. The international music service invested $7 million in SENSO tokens.
“Our relationship with Sensorium provides TIDAL with the opportunity to gain exclusive rights for its stellar artist roster to have their shows and music broadcast exclusively within Sensorium’s themed virtual entertainment worlds. The Sensorium Galaxy is a next-generation platform for entertainment consumption which will elevate the connection fans have with their favorite artists, and bring the artist’s vision to life in a new and exciting way,” says Lior Tibon, Chief Operating Officer at TIDAL.
But Sensorium Galaxy seems to offer a lot more than just quality entertainment. Aside from the shows, the platform allows everyone to generate jaw-dropping avatars and environments in AAA quality powered by Epic Games’ Unreal Engine 4. Users can also customize their avatars with a large selection of items and special effects. Of course, all transactions are processed in SENSO.
Sensorium Corporation expects to capture over 1.8 million users who would use SENSO tokens to actively participate in Sensorium Galaxy and purchase VR content. The platform will be available worldwide and accessible through VR headsets (HTC Vive, Oculus Rift S and Valve Index), PCs and mobile devices.
Apart from Poloniex, SENSO tokens are also featured on other leading cryptocurrency exchanges, including Bittrex, Kucoin, Bitcoin.com, and HitBTC.
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