Tensor Announces Tensor Foundation, TNSR Token

Tensor Announces Tensor Foundation, TNSR Token

Tensor officially announced the Tensor Foundation, and its upcoming governance token, $TNSR, which it hopes will democratize the future of NFT trading. 

The Deets

  • Tensor Protocols: High-performance trading infrastructure on Solana, key to mass NFT adoption
  • Impressive Track Record: Over $2bn in Solana NFT trades, commanding 70% of the market in the past 90 days.
  • Community Governance: Soon to be overseen by the Tensor Foundation, with $TNSR at the helm.

The Bulk

Tensor claims that NFT trading is on the brink of an unprecedented transformation, with $TNSR at the forefront of this revolution. Governed by the Tensor protocols, which have already facilitated more than $2 billion in Solana NFT trades, $TNSR will help decentralize the future of the newly established Tensor Foundation. 

The future governance model involves the Tensor Foundation, which will steward critical trading infrastructures but also aims to cultivate an ecosystem of creators and builders. 

❗Why It Matters

Anticipation for the Tensor airdrop and token has been building for the last six months, and has picked up steam particularly as activity on Solana heats up. Now users that have been participating on the "Blur of Solana" are likely to be financially rewarded.

🎤 Founder Feedback

Beyond stewarding the critical infrastructure, Tensor Foundation will foster an ecosystem of creators and builders dedicated to seeing NFTs succeed.Tensor Foundation

🔜 What's Next?

Stay tuned for more updates on the Tensor Foundation and $TNSR as more details are expected soon. 

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