Home Web3 Gaming, AI Project SIDUS Burns 6.8 bn Tokens

Web3 Gaming, AI Project SIDUS Burns 6.8 bn Tokens

Share
Share

Web3 Gaming, AI Project SIDUS Burns 6.8 bn Tokens

Sidus (SIDUS) price has reached its highest level since May 2022, following the SIDUS HEROES team’s announcement of burning 6.8 billion of the native utility token’s supply. This reduction reduced the total supply to about 22.6 billion, raising buying pressure for SIDUS. Sidus is a space-based gaming, metaverse, and Web3 platform powered by AI technology and blockchain.

Its SIDUS HEROES ecosystem offers play-to-earn gaming and non-fungible tokens (NFTs) with a dual token system. SIDUS is the utility token, while SENATE is the governance token. SIDUS is central to the SIDUS HEROES’ metaverse, facilitating in-game and out-of-game functionalities, including marketplace transactions.

(With inputs from Shikha Singh)

Share

Latest News

DeFi Hack Shocks Market
News

$292M DeFi Hack Shocks Market, KelpDAO Dumps LayerZero For Chainlink CCIP

Key Takeaways The $292 million rsETH hack by KelpDAO has revealed significant flaws in cross-chain security. The protocol accused LayerZero’s off-chain infrastructure,...

Korea Securities Depository Selects Samsung SDS
News

Korea Securities Depository Selects Samsung SDS For Next-gen Tokenized Securities Platform

Key Takeaways South Korea’s digital finance transformation is progressing as Samsung SDS collaborates with Korea Securities Depository to develop a blockchain-based tokenized...

News

Western Union Enters Stablecoin Race With USDPT Launch On Solana

Western Union is entering blockchain payments by launching its USD-backed stablecoin, USDPT, on the Solana network. The rollout starts in Bolivia and...

News

Ripple Shares Intelligence On North Korean Threats As Attack Tactics Evolve

Ripple is working together with others to address one of crypto’s biggest threats: state-backed hacking groups. The company has started sharing its...

Latest Blogs

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment. They are created from online comedy, viral trends, and jokes....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization increases accessibility, quickness and transparency, pushing markets to expand rapidly,...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes on to completely alter the intrinsic landscape of our industries...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

Related Articles

Art Of Becoming A Memecoin Master & Staying Ahead

Within the cryptocurrency market, memecoins are a more lighthearted and entertaining segment....

“Click, Token, Own!” Why RWA Is The Future Of Finance?

A financial revolution, RWA tokenization bringing real-world assets onto blockchain RWA tokenization...

Top 5 Ways To Spot The Best AI Coin

Artificial Intelligence (AI) is the talk of the town as it goes...

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...