what's tensor foundation?
Tensor Foundation is the organization behind the Tensor protocol, a leading NFT marketplace and trading platform built on the Solana blockchain. It enables efficient, low-cost trading of digital assets with advanced features like automated market makers for NFTs. The platform has facilitated over $2 billion in NFT trades since its inception. The native governance token, TNSR, allows holders to participate in protocol decisions and captures value through fees. Tensor emphasizes speed, scalability, and community-driven development in the Solana ecosystem.
TNSR token pumped before Coinbase-Vector acquisition; Foundation acquired assets, Coinbase didn't acquire TNSR.
Links
x.com/tensorfdnSuspended perpetual futures trading on Coinbase, with TNSR-PERP settled at $0.05013 USDC based on the average index price over the 60 minutes prior to suspension.
Coinbase acquired the Vector/Tensor team and IP without purchasing the underlying token, following an acquihire model similar to recent Kraken-Vertex and Circle-Axelar deals.
Funding rate arbitrage for TNSR offers 817.20% APR.
TNSR listed on Wasabi platform with trading and earning features available.
TNSR token was turned over to the foundation as part of Coinbase's acquisition of the Vector dot Fun team from Tensor.
WOOFi Pro lists TNSR futures with up to 10x leverage trading available on both Solana and EVM chains.
Volume surpasses LINK's volume with market cap only 1/200th of LINK's size.
Token price surged from $0.03 to $0.35 ahead of the announcement that Coinbase acquired Vector and Tensor's team but not the $TNSR token itself.
TNSR token pumps from $0.03 to $0.35 before the Coinbase-Vector acquisition announcement, with Coinbase not acquiring the TNSR token itself.
Team-connected wallet remained dormant for 4 months before purchasing TNSR tokens 24 hours before the Coinbase acquisition announcement, adding specific timing evidence to insider trading allegations.
Tensor Foundation acquired Tensor Marketplace and Tensorians from Tensor Labs in the restructuring following the Coinbase-Vector deal.
Coinbase acquires Vector.fun from Tensor Labs, but TNSR token holders receive no compensation or equity stake from the deal, causing community anger.
Employee receives 750K TNSR from treasury as payment, sells at $0.38 during Nov 20 pump (one day before Coinbase acquisition announcement), profits $243K and transfers proceeds to Coinbase deposit address.
Top 10 wallets own 68% of token supply, and 725K tokens were dumped at the peak price.
Tensor's marketplace profits during the bull market funded Vector development and eliminated need for a planned fundraise, with the team acquisition potentially driven by lack of runway.
Team tied Vector to TNSR token as joint token for both products, but after Coinbase acquisition equity holders benefit while TNSR token has no prospects according to community analysis. (Tweet ID: 1992061879242612850)
Tensor Foundation acquires Tensor Marketplace and Tensorians from Tensor Labs.
Foundation operates as a three-person shell organization without original builders following the acquisition, with Coinbase providing no compensation to token holders. Insider trading allegations surface regarding the Coinbase acquisition of Vector.
Vector was a side project of Tensor with no explicit tie to $TNSR token or tokenomics, meaning token holders have no claim to Coinbase acquisition proceeds. (Tweet ID: 1991928383253459251)
Acquisition structure revealed: Vector first acquired Tensor, then Coinbase acquired Vector. VC firm Placeholder profited as both tokenholder and stockholder in the transactions.
Token rallies 400% before Coinbase announces acquisition of Vector technology and team, with Vector apps being sunset and token holders left without development team or active products.
Coinbase acquisition of the company revealed as catalyst for recent pump, with employee insider trading activity reported before announcement. (Tweet IDs: 1991881721944641936)
Founder announces Tensor NFT marketplace achieved 80% market share and surpassed $1B in total GMV, while Vector generated nearly $1B in GMV in less than 1 year since launching in November 2024.
Tensor Foundation acquires marketplace and Tensorians NFT collection, burns 21.6% of unvested token supply, relocks vested tokens for three years, and redirects all marketplace fees to treasury.
Coinbase M&A involves tensor_hq and VECTORDOTFUN teams who will work on improving Solana trading on Coinbase platform.
Market cap doubles from $122M to $240M with $3B+ daily perpetual volume on Binance and shorts paying -0.3% per hour funding rate, suggesting potential short squeeze dynamics. (Tweet IDs: 1991492266037539288, 1991497534724829681, 1991505509242007707)
Shorts equivalent to the entire market capitalization liquidated, with price trading 4x higher following the liquidation event.
Price increased 420% overnight, reaching $240M market cap.
Token up 10x in two days with Open Interest down 50% following the recent price increase.
On November 20, token reaches $0.12 with $122M FDV after gaining 210-300% over 2 days, with multiple users flagging suspicious pump activity on Binance.
Wasabi platform adds TNSR with up to 3x leverage trading and yield generation from real onchain activity.
Token gains 130% in one day with Open Interest up 4x and 10% spot-perp dislocation occurring below $100M market cap.
HUSTLE token current price reaches $3M in October, down from $38M ATH in August representing a 92% decline.
Platform powers $100m in tokenized collectibles volume on Solana, marking RWA adoption milestone.
Tensor_hq assists with an NFT collection drop, hosting official collection pages on the platform.
AgentHustleAI expands to EVM chains. HUSTLE market cap declined from $38M to $5M since July, though current levels remain 10x higher than a few months ago.
bands.fun launches DATs for blue chip Solana NFT collections, with infrastructure built on Tensor's platform.
Platform develops MigrateFun v2 migration tool after abandoning v1 methodology that required six-figure upfront capital subsidization for migrations.
Token migration from TNSR to HUSTLE reaches 85% completion, with increased speculative trading activity now emerging around the migration event.
Mobile app launches on Solana Mobile dapp store, expanding platform accessibility.
Recovery of 869 SOL ($140k) completed from locked TNSR pool, representing 92% of total LP funds.
Token migration achieves 50% conversion from TNSR to HUSTLE within 12 hours
Token migration from TNSR to HUSTLE launches with 25% converted in first 30 minutes.
Migration to HUSTLE token scheduled for July 1st; LP providers advised to remove positions before transition.
New migration platform launches to facilitate token transitions beyond TNSR, enabling other projects to migrate their tokens.
Token migration to HUSTLE token launches tomorrow under AgentHustleAI rebrand
Significant altcoin momentum emerges with ETH leading 44.13% weekly gain amid capital rotation from BTC.
Over 100 unique liquidity providers have joined through AI-driven onboarding requiring $10 LP positions.
Development of version 3.0 is underway with complete team intact, marking strategic pivot after Vector initiative.
Major protocol upgrade launching this weekend adds DCA and limit orders while maintaining top 3 DeFAI platform status.
Token launches lending and borrowing features on Sharkyfi platform.
Binance delists TNSR/BTC trading pair effective April 18 at 03:00 UTC.
Jupiter DEX verification status achieved through new verification program
Jupiter verification imminent as token reaches #2 position in verification queue.
Platform achieves $100k trading volume and 500+ weekly users within 3 weeks of v2 launch.
Trading volume surges 226% alongside new Hustle 2.0 release and podcast feature.
Token unlock of 120M TNSR ($14.44M) occurs today, representing 33% of circulating supply.
Token unlock of $14M scheduled for today.
Developer activity increases with Hustle 2.0 development in progress, while price rallies 9.76% despite 71% volume decline, suggesting possible early accumulation phase.
Token unlock of $14M scheduled for April 8.
Volume spikes 236% following Hustle 2.0 upgrade, with documented 21% trading gains during market downturn.
Token unlock exceeding $5M scheduled within next 7 days.
Token maintains 2x gains despite market selloff; tokenomics release scheduled for late January.
DeFAI trading bot demonstrates successful test with 106% profit; Hustle 2.0 rollout imminent.
Token unlock of $17M scheduled for April 8th.
Platform achieves $80K volume in 10 days with 3,600 holders; implements critical security features and OpenRouter AI integration.
Mentioned as early stage with $TNSR token.
Current metrics: $1.7M market cap, 3620 holders, 2.1% agent mindshare (#7 overall), >$25,000 in terminal trading volume (48H since launch), 40 new LP positions opened.
Season 4 airdrop announced.
Airdrop 4 went live on Friday.
Season 4 airdrop claim ($TNSR) went live. 1% of fees from sales go to treasury.
Season 4 airdrop ($TNSR) launched on January 31. Claiming through Vector gives +25% extra allocation. Claims reported working smoothly.
Team launched VECTOR mobile app for memecoin trading. $90M annual fees while invite-only. TNSR token at $95M market cap, no inflation until April 8th when 2-year investor vesting begins. Listed on Binance and OKX.
New memecoin trading app VECTOR launched. 50% of fees go to TNSR treasury. $95M market cap, listed on Binance and OKX, no inflation until April 8th vesting schedule begins.
Just crossed 3,800 holders. Q1 roadmap includes multichain AI wallets, improvements to Agent Hustle, DeFi capabilities, and Telegram support.
Accumulation by whales including possible Wintermute. Team focused on tech, former TAO devs contributing, mainnet launch upcoming.
Season 4 $TNSR airdrop announced with 4% of total supply (~$20M) allocated. Claims go live by end of January 2025. Users claiming via Vector app receive 25% extra rewards.
Mentioned as having a completed airdrop.
Airdrop expected this month (December 2023)
Mentioned as new coin that hasn't pumped yet, being added on price flip.