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Tensor Allocates 50% of Vector App Revenue to TNSR Treasury

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Jan 30, 2025

Solana NFT market Tensor has announced that 50% of the revenue from its social trading app Vector will be allocated to the TNSR treasury, with the remainder going to the Tensor development team. Vector, a social trading mobile app with a built-in crypto wallet, allows users to share trading activities publicly. Despite being in an invitation-only phase, Vector has achieved annualized revenue exceeding $90 million, surpassing Tensor's NFT market revenue. Tensor's co-founder and CEO, Ilja Moisejevs, stated that Vector was launched to pivot from the shrinking NFT market to the larger Memecoin market. The TNSR treasury funds may be used for airdrops, project funding, and potentially for token buybacks to increase TNSR token value.

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