Binance will soon list TNSR!!
Is TNSR worth buying? Will it continue the ENA legend? Or will it trap everyone like W? Let me introduce TNSR to you!
On March 13, 2024, Tensor, the NFT market in the Solana ecosystem, announced the issuance of the governance token TNSR. Through this strategy, TNSR holders will gain control over the future direction of the protocol. The Tensor protocol has processed more than $2 billion in Solana NFT transactions, accounting for more than 70% of the Solana network's NFT transaction volume in the past 90 days, demonstrating its leadership in the market.
Since completing a $3 million financing in March 2023, Tensor has won wide support from the community and investors with its outstanding performance and technical strength in the Solana hackathon. As the Tensor Foundation is about to announce more details about the issuance of TNSR tokens, the community is full of expectations for its future development.
Next, let’s take a deeper look at how Tensor shapes its unique position in the Solana ecosystem.
After launching the governance token $TNSR, every move of Tensor has attracted widespread attention from users
As the Solana ecosystem has achieved an astonishing 150% growth in decentralized exchange (DEX) trading volume, even surpassing Ethereum at one point, Solana's NFT market has also ushered in new development opportunities. In this context, Tensor, an NFT market supported by the Solana Foundation, has demonstrated its commitment to promoting the development of the NFT ecosystem by launching the governance token $TNSR.
Tensor’s move aims to foster wider participation and decision-making by handing governance to community members, while also raising funds for the expansion and further development of the platform. This strategy comes on the heels of its announcement of a $2 billion milestone in total transaction volume on the platform, with the launch of the $TNSR token on March 12.
Currently, the details of how $TNSR tokens will be distributed - whether through an initial offering or through airdrops to users - remain mysterious. The Tensor Foundation has called on community members to stay tuned, promising more information in the future. In addition, the Foundation may set aside a portion of tokens to support the project's development, marketing activities, and incentivize the ecosystem, which is critical to maintaining the project's continued growth.
Tensor's success story not only demonstrates the efficient performance of Solana's technology, but also proves the ability of its infrastructure to support fast, low-cost transactions. Using Solana's advanced technology, Tensor is able to achieve rapid sales of NFTs. At the same time, Tensor also benefited from the financial support provided by Solana, and its founder used the winnings to launch and advance the project.
In addition, the Solana Foundation's latest grant program provides $1 million in funding to AI blockchain startups based on Solana, further demonstrating its support for innovative and community-driven projects. The launch of the $TNSR token not only highlights the strength and efficiency of Solana's infrastructure, but also emphasizes the importance of building a community-driven ecosystem. For potential investors, it is very necessary to understand the relevant terms and evaluate the opportunities and risks before participating in any token sale or airdrop activities.
Compared with other NFT trading platforms, Tensor Market has a series of irreplaceable core advantages
The Tensor Marketplace, designed for professional NFT traders who pursue advanced features and real-time data analysis, has become an innovative highlight in the Solana ecosystem. This platform not only provides real-time data updates and sophisticated trend analysis tools such as detailed candlestick charts, but also introduces advanced features such as automated market making (AMM) pools, aiming to enhance the dynamics and efficiency of NFT transactions. In addition, Tensor encourages users to participate in transactions, bidding, and provide liquidity through a series of incentives such as NFT airdrops and mystery boxes, thereby enhancing user participation and platform activity.
To meet the needs of different users, Tensor also launched the "Lite" mode, an intuitive and visually simplified user interface designed to facilitate those who prefer simple operations. However, the core design concept of Tensor is to meet the needs of professional traders who need advanced trading tools and resources. This design concept comes from Tensor's founders, who, with their rich experience in finance and technology, deeply understand the huge potential of NFT as a global trading asset class and the professional trading environment required to realize this potential.
The creation of Tensor marks one of the first attempts in the web3 space to meet the advanced functionality, precision, and efficiency requirements of professional trading platforms. It is more than just a marketplace, it is a bridge that connects traditional financial transactions with the emerging NFT world, showing the future direction of digital asset trading.
Tensor’s core strengths lie in its unique features and services, which make it unique in the crypto market:
1. Decentralized governance: The adoption of the DAO model ensures that users have a sense of participation and decision-making power in the development of the platform, creating a fair and transparent ecosystem.
2. Royalty-free secondary sales: Allowing creators to sell their NFTs without paying additional fees, enhancing the revenue for artists and creators.
3. Scalability and speed: Based on the Solana blockchain, its high-throughput design provides a fast and cost-effective experience for NFT transactions.
4. Interoperability: As the Solana ecosystem matures, NFT creators can easily build interactive features with other applications such as DeFi.
5. Low transaction costs: Thanks to Solana’s low gas fees, the threshold for participating in NFT transactions is lowered.
6. Community-driven: An active community supports the development of the platform, provides feedback and suggestions, and helps the platform continue to improve.
7. Tensor Super Fan Program: Through the "Tensorians" program, users are encouraged to actively participate, enjoy rewards and special benefits, and become the core force of the platform.
Tensor has not only carved out a niche in the NFT market through its innovative technology and user-friendly strategies, but has also demonstrated a new paradigm for digital asset trading through its unique governance model and community-driven development strategy. This platform not only meets the needs of professional traders, but also makes an important contribution to the development and prosperity of the NFT ecosystem.
Tensor joins hands with JDI Group to launch Phoenix AI Ecosystem Fund worth USD 20 million, entering the field of artificial intelligence
On March 10, 2024, Tensor and JDI Group jointly announced a major initiative: the launch of the $20 million Phoenix AI Ecosystem Fund. This fund focuses on promoting the innovation and development of decentralized artificial intelligence (AI) infrastructure, marking a new chapter in the integration of AI and blockchain technology. The goal of the Phoenix AI Ecosystem Fund is to invest, incubate and cultivate emerging DApp and AI ecosystem partners, especially those built on the Phoenix artificial intelligence platform. The investment areas cover multiple vertical industries such as AI-assisted DeFi, trading, Web3 games, metaverse, and content creation.
This cooperation is not only a financial investment in the field of decentralized AI, but also a firm confidence in the future development potential of this field. As a pioneer in decentralized AI infrastructure, Phoenix platform has demonstrated versatility and powerful capabilities through its SkyNet AI elastic computing platform. From generative AI to deep analysis of large language models (LLM), machine vision and AI quantitative trading, Phoenix provides support for a wide range of application scenarios and attracts many ecosystem partners to join.
The strategic layout of Phoenix AI Ecosystem Fund is divided into two core directions: on the one hand, by incubating and supporting new applications and AI ecosystem partners, it will promote innovation in the fields of AI-assisted DeFi, transactions, Web3 games, metaverse and content creation. On the other hand, the fund will focus on developing and expanding the Phoenix AI computing network, and through the PhoenixNode launched by Bobber.com, it will provide lightweight, cost-effective and scalable artificial intelligence computing nodes to provide powerful computing support for the needs of decentralized AI applications.
Through the establishment of the Phoenix AI Ecosystem Fund, JDI Group and Tensor not only demonstrated their shared vision for the future of decentralized AI technology, but also opened up a new path for the integration of AI and blockchain technology. The dual focus of this fund - both promoting the incubation and growth of new applications and strengthening the construction of underlying computing infrastructure - reflects a comprehensive strategic thinking aimed at cultivating a sustainable and scalable AI ecosystem.
As the Phoenix ecosystem continues to mature and expand, its influence in areas such as AI-assisted DeFi, trading, Web3 games, the metaverse, and content creation is expected to continue to grow, opening a new chapter for technological advancement and industry collaboration. This visionary move by JDI Group and Tensor is not only an investment in technology, but also a firm belief in the full potential of decentralized AI in the future, paving the way for building a more open and collaborative digital world.
