Sense, or its symbol SENSE, has a price of $ 0.00039143 at present. The cryptocurrency has increased by +0.00% over the last 24 hours.
Sense (SENSE) is a cryptocurrency that facilitates blockchain-based smart contracts within chat applications. Imagine receiving rewards for the contributions you make conversationally, and that’s what Sense is all about. It offers a platform for individuals to capitalize on their proof of intelligence in the data utilized to train Artificial Intelligence (AI) applications and agents.
In practice, Sense creates a peer-to-peer marketplace for engaging conversations through its inaugural application - Sensay.
Sense's website does not provide explicit information on the developers or creators behind their innovative platform. However, it is widely understood that a team of experts in blockchain technology, AI, chat applications, and cryptocurrency are responsible for its creation and ongoing advancements.
Sense works by rewarding users for their participation in conversations within chat applications. The complex structure underlying this system includes three main steps.
You contribute to a conversation in specific chat applications.
Your interaction data (intelligent contributions) are used to train AI applications and agents.
You receive SENSE tokens as a reward for your contribution.
This excellent system not only provides a unique way to monetize meaningful conversations but also helps in advancing AI technology. Remember, anyone who uses Sense's platform has the ability to earn rewards, but those rewards will depend on the contributions they make.
Sense is unique because it has found a novel way to integrate blockchain technology with the ever-growing realm of chat applications. The rewarding structuring of Sense makes it stand out in the crowded crypto-sphere.
Instead of simply facilitating transactions, Sense creates an entire marketplace where value is ascribed to conversations. Users can earn SENSE tokens for the data used to train AI applications and agents, effectively 'monetizing' conversations on a peer-to-peer scale.
Sense uses smart contracts to secure its network. Smart contracts are self-executing contracts with the terms of the agreement between parties directly written into lines of code. They exist across a decentralized blockchain network, providing transparency and increasing trust among participants.
As of the time of writing, the circulating supply of SENSE is 1.2B and the total supply is 1.8B. It's important to give gravity to these figures as the scarcity of a token can often play an integral role in its value.
SENSE can be purchased on several . If you are planning on buying some, please make sure to store them in a secure cryptocurrency wallet to ensure their safety. Always conduct necessary research and due diligence before handling cryptocurrencies.
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