Tensor Now Unveils TNSR Governance Token

Tensor Now Unveils TNSR Governance Token featured

San Francisco, Tuesday, March 26, 2024 – Tensor, Solana’s top NFT marketplace, announced on March 13, 2024, that the $TNSR governance token will be introduced soon to the decentralized market. The new formation of the Tensor Foundation will be operated by the Tensor protocol with $TNSR holders, empowering the blockchain platform. 1

The in-depth revelation of $TNSR regarding how the token will be distributed has not yet been announced.

It is observed that the airdrop value would be beneficial to the market share of Solana.

It is reported that over 70% of Solana’s NFT trading volume was obtained by Tensor in the last quarter, and beyond that, it has exceeded $2 billion in total NFT trading volume. It is predicted that the introduction of the new token will play a vital role in driving the tensor to the next level.

“Since the NFT market would support transforming the pattern into a digital platform, the $TNSR token would be dedicated to developing the global adoption of NFTs,” the team believed.

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“Tensor is expected to release comprehensive tokenomics and the eligibility requirements for receiving $TNSR in the coming weeks. The token launch is tentatively scheduled for later this month,” the source reported.

Sources
  1. Tensor: https://solanafloor.com/news/tensor-solanas-top-nft-marketplace-introduces-tnsr-token-airdrop-details-coming-soon[][]
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