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BombCrypto Introduces New $SEN Token for Dual Tokenomics

The new $SEN token will have GameFi and metaverse utilities and give holders governance rights.

BombCrypto Welcomes 2nd Token

PlayToEarn bomber game on BNB Chain, BombCrypto, is evolving into a dual-token ecosystem. The GameFi protocol has announced that it plans to launch a second platform token - the Senspark ($SEN) token.

On April 8, BombCrypto's Marketing Lead, Nhung Vo, held an Ask-Me-Anything (AMA) session with the Discord community where more details were given about $SEN. The token is scheduled to be launched on PancakeSwap on Tuesday, April 12, and will be listed for $0.1. Within the next 4 months, BombCrypto will launch a new NFT-based Senspark game with use-cases for $SEN token. BombCrypto revealed important information regarding $SEN token via Twitter on April 5.

Hottest Upcoming $SENspark Token. Basic Information

Token Name: Senspark 

Ticker: Sen

Blockchain: Binance Smart Chain

Token Standard: BEP-20

Supply: Unlimited

Source

In its preview, BombCrypto disclosed that the $SEN token would have GameFi and metaverse utilities in the Senspark GameFi ecosystem. Players of Senspark games will be rewarded with $SEN tokens and can use the tokens to buy and upgrade in-game NFT assets. Holders of $SEN tokens will also be eligible to vote for governance proposals.

Some members of the BombCrypto community have, however, questioned the logic behind making the $SEN token of unlimited supply. A token with an unlimited supply in a play2earn environment is sure to experience hyperinflation and would likely struggle to hold its value. To put upward price pressure on a token, demand should be more than supply. The writer believes BombCrypto would probably have extensive burn mechanisms for the $SEN token to minimize inflation. Hopefully, there will be some clarity when the team releases the details of the $SEN token's tokenomics after its launch. 

What is Bomb Crypto?

Bomb Crypto is a play-to-earn NFT project built on the BSC network. Players manage a group of NFT bomb heroes with different statistics which they can use to search for BCOIN, fight monsters, or trade on the marketplace. BCOIN is the project’s first native currency and is used to purchase bomb heroes on their marketplace via auction or through the in-game shop. Players can also obtain bomb heroes through rescue missions while playing the game. 

Where to find BombCrypto:

Website | Twitter | Medium | Telegram | Discord

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