Alright, I read that article and I just don't understand what the function of the token is, and it didn't even get that much of a mention aside from the intro paragraph. What is the token supposed to do for the celebrities and their virtual reality rave party plans? Is it going to be like an admission ticket? If that's the case, is a new token even necessary?
I don't know. This all sounds like hyped up horse shit to me, but perhaps my attitude is biased by the fact that I don't listen to any of those artists. However, did I miss a crucial fact about the importance of cryptocurrency to this plan except for the fact that TIDAL bought $7 million worth of SENSO tokens?
That amount is peanuts for a group of musicians/celebs like the ones listed. It would be peanuts for any single one of them, in fact.
I think this table below will help understand what is the use case of their token. And yes, purchasing digital tickets for virtual concerts/events or you call it rave party is one of the use cases.
The $7M amount is really not big if you are talking with known artists being involved. Even one of them can shell out that amount easily. But with other artists involved, it will give the project more exposure as their followers will check out this also. Aside from that if you checked their wp, they have long list of their alliances already, can be found in the last page of their whitepaper.
But how far can they influence the crypto market? We don't know yet...
https://sensoriumxr.com/senso-token
