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Welcome to the Sensorium Corporation Blog. Here you can find our latest news, business case studies, and industry insights on artificial intelligence, virtual reality and blockchain.

Blockchain

What is MetaFi: A Beginner's Guide
We’re living through times of rapid technological change - and development - that has seen the recent rise of blockchain-based platforms like NFTs, cryptocurrency, DeFi and the metaverse. More recently, Binance introduced a new concept aimed at tapping into the infrastructures needed to power virtual economies that can function in parallel with the real world - MetaFi. Meta-what? Sure, we get it. Understanding all of these concepts and ideas can be quite dizzying these days. But we got you. In this article, we will be looking at what exactly is MetaFi (digestible way, we promise), how can we see it in action, what will all of it look like in the future and what exactly is the MetaFi DeFi connection. Let’s dive in.
Best Bitcoin Faucets 2022: Top Crypto Faucets To Try
Crypto enthusiasts are increasingly turning to bitcoin faucets as a way to earn bitcoin. Simply put, this helps them get acquainted with the idea behind virtual currency. To earn it, they have to complete easy but interesting tasks on a crypto faucet website, like watching video clips. Also, there is a variety of other platforms to choose from. A crypto faucet determines if one can earn bitcoin and at what rate. The hourly reward is sometimes lower than $1, which is unsatisfactory. However, there are some profitable websites on the market. This article will deal with the idea of a crypto faucet and present the highest paying Bitcoin faucets. Even though they may not be the best solution in terms when it comes to making money, they are a great option for those who have a full-time job and would want to earn some on the side. As you’ll see, the tasks are uncomplicated and can even be enjoyable. Let’s dig in!
What Are Smart NFTs - Definition, Types & Examples
NFTs are getting a lot of hype today, adding to the crypto craze taking over the online world. In recent years, the market for non-fungible tokens has been the fastest in the crypto and blockchain universe, with celebrities, brands and millions of buyers jumping on board. The technology has also attracted plenty of attention for the innovation and potential opportunities it holds. And while most of us will have heard of non-fungible tokens, many people still don’t know quite exactly what they are or understand how they’re being used. Today, we are taking a closer look at not only NFTs but also a new generation of non-fungible tokens that promise to take this technology to new heights - Smart NFTs.
How To Play Blankos Block Party
Blankos Block Party is a free-to-play multiplayer game that resembles the likes of Roblox and Minecraft and its developer, Mythical Games, is known for having the hefty backing of notable investors. In Blankos Block Party, players are able to create their own characters and worlds that other players are able to also enjoy. It incorporates elements of the Play to Earn model - a growing trend in gaming where players earn rewards through NFTs and can later trade them for real cash. Blankos is committed to becoming one of the top crypto games and leveraging NFT features, making it a title that has great potential to last and appeal to large audiences.
Best DAO Tokens In 2022
Crypto trends and blockchain technology are bringing a constant stream of new innovations that offer many promising opportunities. Businesses and individuals around the world have become aware of the potential of blockchain technology as new advancements such as DeFi emerge. Crypto trends continue to evolve as do the tools available to support them. Some of the best DAO tokens are a good example of how technological advances can drive DeFi governance. DAO members enjoy governance system privileges granted only by internet-native social organizations. Due to the growing interest in decentralized finance, the role of DAOs has become a focal point, too. The phrase refers to a decentralized autonomous organization — an association created around a crypto project or a financial goal that can't be achieved by one individual alone. An example of the goal might be to pool funds to buy an expensive piece of art. However, DAOs can also function as private clubs, where you have to purchase a particular NFT to gain access. The DAO crypto token can be used for many purposes, including investment, buying or crafting NFTs, fundraising, charity, and more.
How To Make an NFT: A Beginner’s Guide
NFTs were big in 2021. After all, Collins Dictionary chose non-fungible token as word of the year. And while we’re now seeing the non-fungible token market slowing down quite a bit, interest in the technology is hardly fading. Whether you’re a creator looking to branch out or just someone curious about this new world, there's no doubt that NFTs can be a great asset. That’s why we’ve put together a step-by-step guide on how to make an NFT - and possibly even help you earn some money from your creations.
Best Metaverse Wallets
​​NFTs have accelerated the use of personal cryptocurrency wallets, where users can keep and manage their non-fungible tokens. And with interest in the metaverse also rising, you might be wondering how will you be able to purchase digital things like avatars, virtual land, and add-ons, and where can you keep track of all your transactions in a virtual world. Enter the metaverse wallets. They’re essential to ensuring that you get the best out of your experiences in virtual worlds, storing metaverse tokens and opening one is a crucial step in getting started with NFTs and investing in non-fungible tokens (which are a major component of the metaverse). Today, we are listing the top metaverse wallets in 2022 and taking a closer look at the best functionalities each has to offer.
Best NFT Rarity Tools
The exponential growth of the NFT space is making even the most skeptical investors take an interest in this market. Aligned with this rising enthusiasm, demand for the best NFT tools seems equally affected as investors try to identify the next best non-fungible asset out there. Rarity reigns supreme when it comes to getting the most for your money in any collectible market. It is essential that you track trending NFTs if you want to turn a profit. Sniping NFTs is the act of buying NFTs that are priced below their value due to the seller's unawareness of their rarity. Fortunately, there are rarity tools, often referred to as rarity sniper tools, to help you with that. This article introduces you to the concept of NFT rarity and reviews some of the top NFT tools currently available. Let's get to it.
## What Is NFT Rarity? Several new NFTs have hit the market, but how do they differ in trait value? What makes some NFTs sell for millions while others sell for less? It has to do with rarity. NFT rarity determines how rare and valuable an NFT is. Collectors highly prize truly rare NFTs, which makes them more expensive. Consequently, people want to know whether the NFT they own is rare or whether the one they plan to purchase is rare. ## NFT Rarity Calculation Methods It is possible to calculate the rarity of an NFT using several methods. By calculating the rarity of an NFT trait based on its rarest trait, taking the average rarity of traits, or examining rarity statistics. ### Trait NFT Rarity Ranking To compare NFTs, one can simply compare the rarest attribute of each non-fungible token. Yet, this approach has one significant flaw despite its simplicity and straightforwardness: it ignores the NFT's overall rarity, just focusing on the rarest one. ### Average Trait Rarity Another method that will help you check NFT rarity is to average the rarity of traits present on the NFT. If an NFT had two traits, one with a 50% rarity and one with a 10% rarity, then its average trait rarity would be (50+10)/2 = 30%. The problem with this method is that it stresses the overall rarity of every trait, which means the single super NFT rare trait does not receive enough trait value, and the overall rarity value is diluted.
### Statistical Rarity In this method, you multiply all of an NFT's traits together to determine the NFT's overall rarity. If an NFT has two traits, one trait has a weight of 10%, and the other has a weight of 50%. That NFT would have a 5% 'statistical rarity' (10% * 50%). These three approaches have different results when comparing the rarity of some NFTs. Average Rarity and Statistical Rarity tend to overvalue many of the traits in an NFT, potentially diluting the value of an ultra-rare, one-of-a-kind trait. Trait Rarity faces the complete opposite problem by narrowing the calculation to the single rarest trait. A solution? Rarity Score.
## How to Calculate NFT Rarity The value and rarity of NFTs differ even if you have thousands of them in a single collection. Therefore, a decrease in supply leads to a rise in demand, which drives NFT prices up. However, supply value is not the only factor contributing to NFT rarity. To get an NFT rarity calculated, you can opt for various methods, as we already mentioned. Different parameters, such as rarity based on the rarest trait, will be considered by assessing all NFT traits statistically or by calculating the average rarity. A Rarity Score is therefore used to calculate the rarity of an NFT. Calculating the Rarity Score does not need to be done manually since various rarity tools can do it for you. With the right NFT rarity tool, you can view the results in just a few clicks. Rarity Score stresses single rare traits while including overall trait rarities in its calculation. To date, this is by far the best way to calculate rarity. Here's the formula: > [Rarity Score for a Trait Value] = 1 / ([Number of Items with that Trait Value] / [Total Number of Items in Collection])
## Top NFT Rarity Tools Although the formula is pretty straightforward, there's no point in doing all that math on your own to estimate the rarity of all of your desired NFTs. There are several investment tools available to assist you. Investments in NFTs come with many risks. Using a reliable NFT investment tool can help you check NFT rarity and stay on top of the changes effortlessly. Needless to say, these tools shouldn't be used as the only criterion for buying NFTs. Make sure you research the NFT market and project in question well before making a purchase. ### Rarity.tools
What Is A Dapp: Decentralized Apps Explained
With the rise and growing adoption of blockchain technology, focus is turning to a particular segment with immense potential - Decentralized Applications (dApps). In 2021, daily unique active wallets connected to dApps increased seven times, reaching an all-time high of 2.7 million at the end of last year. Trading volumes were also higher than ever. This helps underscore the kind of interest dApps are experiencing - and why you should take note of it. Today we’re taking a look at what is a dApp and all you need to know about the Decentralized Applications.
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