Cointime

Download App
iOS & Android

DWF Labs Backs The Development of Sensorium’s Web3 Platform With $2.5Million SENSO Token Purchase

Cointime Official

Sensorium, the company behind the world's first AI-driven metaverse Sensorium Galaxy, announced today that it has secured a seven-figure purchase of SENSO tokens from DWF Labs. This initiative is aimed at supporting the development of a new decentralized platform that will further expand Web3 use cases for the company's flagship product.

DFW Labs, a leading blockchain industry market maker, has committed to providing capital to support the expanding footprint of the Sensorium Galaxy metaverse beyond its influential role in the VR metaverse landscape and into the vast Web3 space.

According to the agreement, DWF Labs has committed to a purchase of $2.5 million worth of Sensorium's native token SENSO. To date, the trading firm has secured over 35 venture capital deals with Web3 companies through token allocations.

Sensorium is currently developing a parallel web-based platform where the company, external developers, and content creators will be able to release virtual worlds and experiences that seamlessly integrate to Web3-native features fueled by SENSO, including NFT minting, marketplace operations, AI integrations, VR and AR mode for digital assets and blockchain game mechanics.

The first two virtual environments to become available on the platform will be Starship and UNDER, which are dedicated to social interactions and blockchain gaming, respectively. The launch is planned for H1 2024.

Earlier this year, the Sensorium Galaxy metaverse entered a public playtest on Steam, delivering on its promise to create a AAA metaverse with an unparalleled entertainment offer. Their first virtual world, PRISM, is dedicated to music and provides access to 24/7 immersive parties hosted by the company's proprietary AI virtual artists. Participants can already customize the appearance of their virtual beings and engage in voice conversations with other human users as well as AI avatars powered by OpenAI's GPT-3 language model.

After three years in the making, Sensorium Galaxy virtual environments are emerging as a prime choice for VR lovers across the world looking for a seamless multiplayer experience, a new way to connect through innovative social AI mechanics, and enjoy quality entertainment produced in close collaboration with renowned artists and media companies. In the coming months, the company is planning to release three VR performances from their chart-topping line-up of DJs, including David Guetta, Carl Cox, Black Coffee, and Armin van Buuren, among many others.

Comments

All Comments

Recommended for you

  • BTC Falls Below $76,000

    Market data shows that BTC has fallen below $76,000, currently priced at $75,990.02, with a 24-hour increase of 0.9%. The market is highly volatile, so please ensure proper risk management.

  • Iranian Military Spokesman: Control Over Strait of Hormuz Restored Due to U.S. 'Breach of Promises'

    On April 18, Iranian media reported that an Iranian military spokesman stated that control over the Strait of Hormuz has been restored to its previous state due to the U.S. 'repeatedly breaching promises.' The strait is currently under strict management and control by the Iranian armed forces. (Xinhua News Agency)

  • BTC Falls Below $77,000

    Market data shows that BTC has fallen below $77,000, currently priced at $76,997.37, with a 24-hour increase of 2.68%. The market is experiencing significant fluctuations, so please ensure proper risk management.

  • Iranian Civil Aviation Organization Announces Partial Reopening of Airspace

    According to Iranian media reports on the 18th, the Iranian Civil Aviation Organization announced the reopening of part of Iran's airspace and several airports. (Xinhua)

  • Bitcoin ETF Sees $663.9 Million Net Inflow, Ethereum ETF Sees $127.4 Million Net Inflow

    On April 18, according to Farside Investors, the U.S. Bitcoin spot ETF saw a net inflow of $663.9 million yesterday, with IBIT net inflow at $284 million, FBTC net inflow at $163.4 million, and ARKB net inflow at $117.9 million. The Ethereum ETF recorded a net inflow of $127.4 million yesterday, marking the seventh consecutive day of net inflows, with ETHA net inflow at $30.8 million and FETH net inflow at $84.1 million.

  • Trump Hints at 'Good News' on Iran Issue

    On April 18, U.S. President Donald Trump stated that there is some 'pretty good news' regarding the Iran issue, but he declined to provide further details. 'We heard some pretty good news about 20 minutes ago, and it seems that progress related to Iran in the Middle East is going very smoothly,' Trump told reporters aboard Air Force One. When asked what the so-called good news was, Trump replied, 'You will hear it. I think it is something that should happen. It is a matter of course. And I believe it will happen. We will see, but I think it will happen.' (Jinshi)

  • Trump Suggests War Will Resume if No Agreement with Iran is Reached

    On April 18, President Trump told reporters aboard Air Force One that if an agreement with Iran is not reached by Wednesday, war will resume. When asked if he was prepared to extend the ceasefire agreement if no deal is made by the time the ceasefire expires on Wednesday, Trump replied, "Maybe I won't extend the ceasefire. But the blockade will continue. So, the blockade remains in place, and unfortunately, we will have to start dropping bombs again," Trump warned.

  • Chinese Ship Trapped in Strait of Hormuz Informs Crew to Prepare for Departure

    On April 18, according to Yicai, around 4 PM local time on the 17th, the Chinese ship trapped in the Strait of Hormuz has informed its crew to 'prepare for departure.' According to CCTV, on the afternoon of the 17th, Iranian Foreign Minister Amir-Abdollahian stated on social media that, based on the ceasefire agreement in Lebanon, all commercial vessels are allowed to pass through the Strait of Hormuz completely open during the remaining time of the ceasefire, following the coordinated routes announced by Iranian ports and maritime organizations.

  • DeepSeek Seeks Over $300 Million in First Round of External Funding

    According to The Information, DeepSeek is seeking over $300 million in its first round of external funding, with a valuation exceeding $10 billion.

  • BTC Surpasses $78,000

    Market data shows that BTC has surpassed $78,000, currently priced at $78,024.64, with a 24-hour increase of 5.63%. The market is highly volatile, so please ensure proper risk management.