The Tensor Foundation, a new organization supporting the eponymous Solana NFT marketplace, laid out its plans for the TNSR token in a Twitter thread on Tuesday. The brand-new account was retweeted by the official Twitter account for Tensor.

Launched in 2022, Tensor has been competing furiously with NFT mega site Magic Eden and others to be the go-to destination for Solana NFTs. According to data by NFT explorer Tiexo, Tensor currently holds 33.49% of the NFT market share, compared to Solana’s 62.16%.

“NFTs today are a niche community on the fringes of the web,” the Tensor Foundation account said. “NFTs tomorrow will power products, businesses, and entire industries. NFT traders will go from thousands — to billions.”

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Author: Jason Nelson

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