What Is Tensor?
Tensor is a comprehensive platform on the Solana network that includes an NFT marketplace aggregator and an Automated Market Maker (AMM). The platform lists NFTs from 10 marketplaces, including Magic Eden, Hadeswap, Elixir, and more. The integrated AMM opens up possibilities for unique features like collection-wide bids, immediate sell-side liquidity, market making, and bonding curve-based orders.
Background
Tensor was developed to offer a solution that aggregates NFT listings from multiple sources, providing traders with a deep liquidity pool and a wide range of collections to select from. The platform also supports advanced trading functionalities and incentivizes trading with fun rewards. It also offers a “price lock” feature, allowing users to use long or short NFTs for a minimal upfront fee.
How It Works
For creators, Tensor acts as a hub where they can manage their collections and make changes to their mints, names, descriptions, and more. It also provides a launchpad for launching various types of Solana NFTs. For traders, it offers a marketplace with deep liquidity, real-time updates, advanced functionalities, and market-making orders. Tensor also has its own NFT collection named “Tensorians” for its superfans.
Key Takeaways
- Tensor is an NFT platform aggregator on the Solana blockchain.
- Tensor aggregates ten marketplaces, including Magic Eden, Hadeswap, Elixer, and more.
- They also have an integrated AMM.
- Tensor also provides NFT creators with a range of tools and a launchpad.
- Tensor has a 10K PFP collection called the Tensorians.
