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

Solana NFT marketplace Tensor announced that 50% of the revenue from its social trading application Vector will be injected into the TNSR treasury, with the remaining portion owned by the Tensor development team. It is reported that Vector is a social trading mobile application with a built-in encrypted wallet that allows users to publicly share trading dynamics. It is still in the invitation based stage, but has achieved an annualized revenue of over $90 million, far exceeding the revenue of the Tensor NFT market. Ilja Moisejevs, co-founder and CEO of Tensor, stated that the company's launch of Vector is in response to the shrinking NFT market and a shift towards the larger Memecoin market. The funds from the TNSR treasury can be used for airdrops and funding projects in the future, and the community may also take measures such as voting to repurchase and destroy tokens to enhance the value of TNSR tokens.