Tensor Set to Release $TNSR Governance Token

March 14th, 2024
Tensor, the Solana-based NFT trading platform, is gearing up to launch its governance token, $TNSR, signaling a shift towards community-driven governance. Though specifics of the release are under wraps, the move underlines Tensor's dominant presence in the Solana NFT ecosystem, with the platform accounting for over 70% of the blockchain's NFT trades in recent months. This announcement follows Tensor's significant milestone of surpassing Magic Eden in trading volume, previously the top NFT marketplace on Solana. The adoption of a governance token reflects a growing trend towards democratizing decision-making within the blockchain projects, offering active users a say in the platform's future.
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