SOL
by BSC News
April 8, 2024
Tensor offers advanced features, custom trading options, and real-time data to provide a personalized investment experience.
Tensor, the latest buzz in the cryptocurrency sphere, has piqued the interest of investors with its recent listing announcements on major exchanges like Binance and Coinbase.
But what exactly is Tensor? Let's take a closer look at this platform.
Tensor distinguishes itself as a non-fungible token (NFT) marketplace operating on the Solana network. Founded in 2022 by Ilja Moisejevs and Richard Wu, Tensor provides a unique avenue for users to engage in buying, selling, and trading NFTs.
Tensor serves as a central hub for creators to manage their collections and initiate various actions such as minting, naming, and updating descriptions. For traders, Tensor offers a marketplace boasting deep liquidity, real-time updates, advanced functionalities, and market-making orders. Additionally, Tensor's own NFT collection, "Tensorians," caters to its avid supporters.
While many NFT platforms offer services primarily to collectors, Tensor sets itself apart by focusing on serving investors who actively seek to profit from NFT transactions.
Thus, Tensor is crafted specifically for professional investors, offering a suite of advanced features and tools to optimize investment strategies.
Whether you're a seasoned investor or just getting started, Tensor provides a platform tailored to your individual needs. With real-time data, customizable trading options, and activity rewards, Tensor allows investors to elevate their NFT investments.
Let's look more at the customizable options.
From copyright preferences to slippage settings, Tensor grants investors full control to fine-tune their investment strategies.
For investors eyeing rare NFTs, Tensor offers invaluable tools and insights. The rarity-price chart enables users to pinpoint low-value NFTs with high rarity, facilitating strategic purchasing decisions.
Further, by leveraging a data-driven approach, investors can enhance their chances of acquiring valuable NFTs at reasonable prices.
At the heart of Tensor's ecosystem lies the TNSR coin, functioning similarly to governance tokens prevalent in decentralized finance (DeFi) protocols. TNSR coin holders wield the power to vote on governance proposals, shaping the platform's operations and future developments.
Backed by prominent entities like Placeholder VC, Solana Ventures, and Solana founders Toly and Raj, Tensor has garnered considerable attention within the cryptocurrency community.
Tensor has recently become the largest NFT marketplace on Solana, accounting for 60-70% of Solana NFT volume traded daily.
Disclaimer
Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article
Latest News
5h : 24m ago
Weekly Article Recap: 5/13-5/17
May 17, 2024
Kraken Considering Terminating USDT Support in Europe
May 17, 2024
Nigerian Court Denies Bail to Binance Exec Tigran Gambaryan on Money Laundering Charges
May 17, 2024
All You Need to Know About The Pump.Fun Exploit
May 16, 2024
French Regulator Hints at Legal Action Against Bybit, Citing Illegal Operations
May 16, 2024
What is MakerDAO’s Upcoming PureDai and NewStable?
May 16, 2024
Morgan Stanley Reports $270M Bitcoin ETF Investment in Grayscale’s GBTC
May 16, 2024
What is pSTAKE Finance?
More News