What is Tensor Crypto? How it Works, Features and Team-Featured Image

What is Tensor Crypto? How it Works, Features and Team

What is Tensor Crypto?

Tensor is a complete platform on the Solana network that consists of an Automated Market Maker (AMM) and an NFT marketplace aggregator. NFTs from ten marketplaces, including Magic Eden, Hadeswap, Elixir, and others, are listed on the platform. AMM integration creates opportunities for special features such as bonding curve-based orders, market creation, instant sell-side liquidity, and bids throughout the whole collection.


What is TNSR Token?

The TNSR token is the native token of Tensor Ecosystem and expected to play a role in the governance of the Tensor marketplace.

Voting rights for holders of TNSR tokens are probably going to be granted, same like with tokens on other marketplaces like Blur. This means TNSR users could vote or suggest modifications to the platform’s current features and future advancements.


What are the Features of Tensor?

Tensor combines the world’s first AMM with an NFT marketplace. This translates to:

  • Effortless Collection Bids: Snag entire NFT collections with a single bid.
  • Instant Sell-Side Liquidity: Sell your NFTs fast with the “sell now” button.
  • Advanced Order Types: Utilize bonding curves for Dollar-Cost Averaging (DCA) and reward early liquidity providers.
  • Customizable AMM Fees: Design your own AMM fees and operate your personal AMM.
  • Zero Execution Fees: Enjoy a fee-free experience for listing, bids, and market-making. (Taker fee: 1%)

Beyond the Basics:

  • Aggregator Power: Source NFTs from top platforms (Magic Eden, Hadeswap+) in one place.
  • Market Maker Freedom: Provide liquidity and enjoy flexibility with various strategies.
  • Data-Driven Decisions: Leverage TradingView integration for advanced NFT analysis.
  • Rarity Ranking System: Assess NFT value with insights from multiple ranking providers.

Launched in March 2023, Tensor has become the leading Solana NFT platform, surpassing established players like Magic Eden.


How Does it Work?

Imagine having a platform that caters to both creators and collectors in the exciting world of Solana NFTs. That’s exactly what Tensor offers!

For Creators:

  • Think of Tensor as your personal NFT studio. Upload your creations, edit details like names and descriptions on the fly, and even adjust your mint information – all in one place. No more juggling multiple platforms!
  • Ready to launch your NFT collection to the world? Tensor’s built-in launchpad makes the process smooth and efficient. Simply upload your artwork, set your terms, and get ready to see your creations find new homes.

For Collectors:

  • Picture a marketplace overflowing with amazing Solana NFTs. Tensor aggregates listings from top platforms like Magic Eden and Hadeswap, giving you a vast selection to explore. Deep liquidity pools ensure you find the NFTs you crave.
  • Real-time updates keep you in the loop on the latest trends and hottest drops. Never miss a beat in the fast-paced NFT world.
  • Tensor goes beyond basic buying and selling. Place collection-wide bids to snag your dream set, utilize the “sell now” button for quick sales, and even experiment with market-making to become a bigger player in the NFT game.
  • Feeling like a true Tensor aficionado? Join the exclusive “Tensorians” NFT collection, a community for passionate collectors just like you.

Whether you’re a creative mind bringing your vision to life or a collector on the hunt for unique digital treasures, Tensor empowers you to navigate the Solana NFT landscape with ease and unlock exciting possibilities.


Tensor (TNSR) Tokenomics:

  • Token Name: Tensor
  • Token Symbol: TNSR
  • Token Standard: Solana
  • Token Address (SOL): TNSRxcUxoT9xBG3de7PiJyTDYu7kskLqcpddxnEJAS6
Tensor (TNSR) Tokenomics: Image

Tensor (TNSR) Team:

Tensor-TNSR-Team

The brains behind Tensor aren’t just any developers – they’re pioneers in the NFT space! Leading the charge are the co-founders:

  • Richard (Co-founder): This software whiz brings expertise in the Solana platform to the table. Before Tensor, Richard honed his skills at tech giants like Google and Shopify.
  • Ilmol (CTO): As Tensor’s Chief Technology Officer, Ilmol is a blockchain mastermind. His extensive experience building applications on Solana ensures the platform runs smoothly and offers cutting-edge features.

Monthly Returns of TNSR Token:

MonthPercentage Change
Apr 2024-51.01%

How to Buy Tensor (TNSR) Token?

  • If you have decided to invest in the Tensor (TNSR) token, here are the steps to buy tokens:

  • Create a cryptocurrency exchange account: TNSR is listed on several exchanges like Binance, Bitget and MEXC. Therefore, the first step is to create an account on of this exchange.
  • Deposit funds: Once your account is set up, deposit funds into your exchange wallet.
  • Purchase TNSR: Using the deposited funds, you can buy TNSR tokens directly on the exchange.

Potential Drivers and Risks for the Price of Tensor (TNSR) Token:

Potential Drivers:

  • Solana NFT Market Growth: A thriving Solana NFT ecosystem could significantly benefit Tensor, attracting more creators and collectors to the platform and boosting demand for TNSR tokens.
  • Unique Features: Tensor’s innovative features like collection-wide bids, AMM integration, and rarity ranking could attract users seeking a more powerful and versatile NFT experience, potentially increasing demand for TNSR.
  • Community Building: A strong and engaged Tensor community, including the “Tensorians” NFT collection, could foster loyalty and drive platform adoption, positively impacting TNSR’s value.

Potential Risks:

  • Competition: Existing NFT marketplaces like Magic Eden and emerging platforms could pose a challenge to Tensor’s market share, potentially limiting TNSR’s growth.

Frequently Asked Questions:

What is Tensor?

Tensor is a leading Solana NFT platform that combines an NFT marketplace with an Automated Market Maker (AMM). This innovative blend offers unique features like collection-wide bids, instant liquidity for sellers, and advanced order types.

What is the TNSR Token?

TNSR is the native token of the Tensor ecosystem.

What is the Tensor Team?

Tensor is led by a team of experienced developers, including Richard (co-founder) with expertise in the Solana platform and Ilmol (CTO), a blockchain technology specialist.

What is tensor NFT marketplace?

Tensor is an all-in-one shop for Solana NFTs. It combines a marketplace (think giant collection of NFTs from top platforms) with an Automated Market Maker (AMM) for cool features like collection-wide bids, instant sales, and fancy order types.

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Nilesh Hembade

Nilesh is a seasoned Crypto Author with over 4 years of experience in the cryptocurrency industry. He holds a certification from Binance in Blockchain Course, showcasing his expertise in blockchain technology. With a deep understanding of the crypto space, Nilesh has provided valuable insights and analysis to readers, helping them navigate the complexities of the market

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