Backed by Solana founders, NFT marketplace Tensor has revealed the launch of its own token TNSR to govern protocols that have traded over $2 billion worth of NFTs. In an X thread on Mar. 12, the Tensor Foundation revealed the launch of TNSR, a governance token for Solana-centric NFT marketplace Tensor, which raised a total of $3 million from a pool of investors like Placeholder VC, Solana Ventures, Alliance DAO, Big Brain Holdings and Solana co-founders Anatoly Yakovenko and Raj Gokal. The foundation notes that the latest development comes as Tensor protocols have facilitated over $2 billion worth of transactions in non-fungible tokens (NFTs) on Solana, making them a cornerstone of the rapidly growing NFT market.
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