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Solana Nft Marketplace Tensor will now divide its revenues from the social trading application, Vector, between TNSR Treasury and Tensor's Developer Shop.

Vector is a mobile commercial application with a built -in encoding portfolio that allows users to broadcast their deals to other users. With the adoption of the TNSR vector, the Tensor Foundation - which oversees the Tensor icon - "under the supervision" of the vector that operates the protocols, although the Tensor laboratory entity will build the product.

50 % of Vector's revenues have been set to go to the TNSR Treasury, which can be used for things like AirROPROPs and grants. The other half of the revenues will go to Tensor.

Vector is somewhat similar to whether Robinhood and X have a child who loves memecoins. Tensor said that the application still calls for invitation only, but it is currently getting more than $ 90 million of annual revenue from trading fees by 1 %, which will be 10x profit tensioner revenue from the NFT market. Cortical information panel Suggest The vector has between 4000 and 5,000 governors a day.

Tensor founder and CEO Ilja Moisejevs told me that the company launched Vector because it witnessed that the NFT sector dies and wants to turn into a "largest 1000X market" in Memecoins.

For the context, the Tensor NFT platform received $ 9 million of market trading revenues during the past year, according to NFT PULSE. Memecoin Launchpad Pump.fun made the revenue of $ 9 million yesterday.

At the present time, the Treasury will not accumulate the Tensor Foundation only from Vector, but Moisejevs told me that in the future the platform community can vote to do something like re -purchase and burning symbols, such as Dex Agregator Jupiter is just doing.

However, TNSR holders hope that the new revenue flow helps in the heart of the distinctive symbol path. TNSR was launched at a price of $ 1.70 in April 2024, according to Coingecko It is elected The thing that happened between them.

The key to this shift will be the vector that breaks the social trading code, which has already been attempted to encrypt to limited success.

"What we think is different this time is) Memecoins is by its social nature and B) We found a form of a common trading that people already admire," said Tensor founder and CTO Richard Wu in a statement.

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