Tensor social trading app Vector injects 50% of revenue into TNSR treasury

Foresight News reported that Tensor, the Solana Non-Fungible Token (NFT) marketplace, announced that 50% of the revenue from its social trading application Vector will be deposited into the TNSR treasury, with the remaining portion going to the Tensor development team. Vector is a social trading mobile application with an integrated crypto wallet, allowing users to publicly share their trading activities. Currently in the invitation-only stage, Vector has achieved an annualized revenue of over $90 million, exceeding the revenue of the Tensor NFT marketplace. Tensor co-founder and CEO Ilja Moisejevs stated that the company launched Vector to address the contraction of the NFT market and pivot towards the larger Memecoin market. The funds in the TNSR treasury can be used for future airdrops and project funding, and the community may also vote on measures such as token buybacks and burns to increase the value of the TNSR token.