Token

Solana

Foundation

<a href="https://bitcoinworld.co.in/tensor-foundation-reveals-plans-for-tnsr-token-for-the-solana-nft-marketplace/" title="Tensor Foundation Reveals Plans for TNSR Token for the Solana NFT Marketplace" rel="nofollow"></a>
The Tensor Foundation, a recently <a href="https://twitter.com/TensorFdn/status/1767616700609171508">formed</a> organization behind Solana NFT marketplace Tensor, has outlined its plans for the TNSR token.&nbsp; 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 Introducing <a href="https://twitter.com/search?q=%24TNSR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TNSR</a> – the future of NFT trading.<a href="https://twitter.com/search?q=%24TNSR&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$TNSR</a> will govern Tensor protocols that have already traded over $2bn worth of NFTs on the fastest, most scalable blockchain – Solana. <a href="https://t.co/eff2IxGOwr">pic.twitter.com/eff2IxGOwr</a> 
 — Tensor Foundation (@TensorFdn) <a href="https://twitter.com/TensorFdn/status/1767616700609171508?ref_src=twsrc%5Etfw">March 12, 2024</a>
</blockquote> 
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
Launched in 2022, Tensor has quickly established itself as a major player in the Solana NFT ecosystem, competing with established names like Magic Eden. Tensor currently holds over 33% of the Solana NFT market share. 
The Tensor Foundation believes NFTs are poised for explosive growth, transitioning from a niche market to powering entire industries.&nbsp; 
Their vision includes a dramatic increase in NFT users, from the current thousands to potentially billions. 
See Also: <a class="row-title" href="https://bitcoinworld.co.in/dencun-upgrade-is-vital-to-the-future-of-ethereums-network/" aria-label="“Dencun Upgrade Is Vital to The Future Of Ethereum’s Network” (Edit)">Dencun Upgrade Is Vital to The Future Of Ethereum’s Network</a> 
The Foundation emphasized that Tensor protocols have already facilitated over $2 billion in Solana NFT trades since launching.&nbsp; 
Notably, they claim over 70% of Solana’s NFT trading volume in the past 90 days, excluding wash trading. 
The TNSR token will empower the Tensor community to participate in the platform’s governance. Specific details regarding the token’s release are yet to be announced.&nbsp; 
However, the NFT marketplace is currently holding airdrop campaigns rewarding Solana NFT collectors based on their trading activity and staking of its flagship NFT collection, Tensorians. 
<blockquote>
 Disclaimer: The information provided is not trading advice. Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
</blockquote> 
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The post <a href="https://bitcoinworld.co.in/tensor-foundation-reveals-plans-for-tnsr-token-for-the-solana-nft-marketplace/">Tensor Foundation Reveals Plans for TNSR Token for the Solana NFT Marketplace</a> appeared first on <a href="https://bitcoinworld.co.in">BitcoinWorld</a>.

Tensor Foundation Reveals Plans for TNSR Token for the Solana NFT Marketplace

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