Posted 3/12/2024, 10:29:12 PM
Tensor Foundation Unveils $TNSR Token to Expand Solana NFT Ecosystem Beyond Traders to Wider Industries
- Tensor Foundation introduced plans for $TNSR token to govern Tensor protocols that have traded over $2B in Solana NFTs
- Goal is to expand NFTs from thousands to billions of traders and power products, businesses, and industries
- Highlighted Solana's speed and low fees as critical for NFT mass adoption
- Tensor protocols facilitated over 70% of Solana's NFT volume recently
- Tensor Foundation will adopt protocols and use TNSR for governance by the Tensor community
- Aims to build an ecosystem of creators and builders to see NFTs succeed through composability