Tensor Foundation acquires Tensor Marketplace and Tensorians NFT collection from Tensor Labs
Foresight News reported that the Solana NFT marketplace Tensor Foundation has acquired Tensor Marketplace and the Tensorians NFT series from Tensor Labs. The foundation will now own and operate the official marketplace user interface built on Tensor Protocols. Part of the protocol update involves adjusting the long-term incentive mechanism: now, 100% of marketplace fees will go to the TNSR treasury (previously 50%); all unvested tokens held by Labs and founders (accounting for 21.6% of the supply) will be burned today; and the founders' already locked tokens will be locked for an additional three years.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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