Summary
TLDR: Solana NFT marketplace Tensor launched its TNSR token with over $200 million in airdrop rewards and $640 million in trading volume. The token is currently priced at $1.60, down 33% from its high. Participants can earn rewards by holding and staking the token. One user received 712K TNSR tokens worth $1.15 million. The token will be used to manage Tensor protocols. To check eligibility for the airdrop, visit a specific page. Magic Eden is a cross-chain rival in the NFT marketplace. The challenge is to maintain interest after the initial token drop hype fades.
Key Points
1. Tensor’s token launch on Solana’s NFT marketplace has attracted over $200 million worth of tokens through airdrop rewards and $640 million worth of trading volume within hours of its launch.
2. The TNSR token is currently priced at $1.60 per token, showing a 33% decrease from its initial high of $2.45. New tokens often experience price fluctuations in the volatile market.
3. Tensor introduced a rewards program similar to BLUR on Ethereum, offering loot boxes to participants at the end of each season for creating Tensorian NFTs, with one lucky user receiving 712K TNSR tokens worth approximately $1.15 million.