Solana's NFT Market Tensor Teases A New Product – May It Be One other Coin?

Tensor_hq, a famend digital asset agency and the group behind the Tensorians non-fungible token assortment and the Tensor NFT market platform, has teased plans to launch a brand new product. The brand new product appeared three months after Tensor_hq launched its native token, $TNSR, which has considerably tanked in value worth, leaving a number of crypto traders in large losses.

Tensor_hq Teases A New Crypto Product

In a September 20 weblog submit, Tensor_hq introduced plans to launch a brand new crypto-related product. Regardless that the digital asset agency Tensor has not shared extra data, its upcoming product has not obtained a heat reception. As a substitute, the upcoming product has stirred up a heated dialogue on-line, with many traders expressing their concern, uncertainty and doubt “Fud.”

🚨BREAKING: @tensor_hq opens up waitlist for his or her new product https://t.co/9cKLCSb13x pic.twitter.com/bxBt06SVuV
— SolanaFloor (@SolanaFloor) September 20, 2024

Based someday in 2022, Tensor_hq is a digital asset incubation studio centered on offering merchants with the deepest liquidity, the widest protection of collections and superior performance. The digital asset agency is backed by outstanding enterprise capital in particular person traders, together with the Placeholder enterprise capital, Solana Ventures, and Solana founders Toly and Raj.

In April 2024, Tensor_hq launched its native token, $TNSR. The $TNSR token, with a complete provide of 1 billion, performs a vital function on this ecosystem, enabling neighborhood members to handle key parameters of the Tensor protocols and get reductions when buying and selling on them. This governance token additionally permits holders to vote on proposals concerning the protocol’s growth, together with utilizing the neighborhood treasury and different utilities.

Sadly, TNSR has tanked considerably since its inception. The value has fallen from $1.90 in April 2024 to beneath $0.40 in September 2024. On the time of publishing, TNSR was buying and selling at round $0.39. This crypto token has left many traders, who initially staked closely, holding almost nugatory investments. Upon listening to Tensor_hq is launching one other product, some traders have expressed their disgruntlement, fearing it might be one other rug-pull challenge.

one other fcking ineffective rug pulls.
— DeMomo ⭕️🦎🟩 (@CryptoMomo4) September 20, 2024

So one other scammaz enabler platform? 🤣
— Mitoshi (@SuiKrypto) September 20, 2024

Different Tensor_hq Merchandise

Tensor_hq is the brainchild behind Tensorians, a famend non-fungible token assortment that incorporates a restricted version of 10,000 profile image (PFP) NFT collections hosted on the Solana blockchain community. Tensorians NFT assortment offers holders quite a few advantages, together with entry to a gated neighborhood, level rewards, Tensorians staking and extra. Tensorians has quickly grown to grow to be one of many top-selling NFT collections within the Solana NFT ecosystem.

Alongside managing the Tensorians NFT assortment, Tensor_hq additionally has an NFT market. The NFT market gives merchants deep liquidity, swift transactions for NFT buying and selling, and the chance to earn rewards. It additionally permits customers to record, buy, promote, and commerce non-fungible tokens. Its scalability and performance are made potential by Solana’s fast pace and low transaction prices. Tensor has quickly grown to grow to be one of many main NFT market platforms within the Solana NFT ecosystem.