KEY POINTS
Solana-based non-fungible token (NFT) marketplace Tensor is gearing up for the debut of its TNSR token, with cryptocurrency exchange Coinbase set to facilitate its listing.
Coinbase made the announcement, refraining from specifying a date, via an X (Twitter) post on April 5, in line with its roadmap outlining upcoming additions to the exchange.
The TNSR token is poised to join the ranks alongside two other Solana tokens — Shadow Token (SHDW) and Neon EVM (NEON).
Responding to inquiries regarding their selection process for asset listings, Coinbase stated, “our goal is to list every asset possible that meets our standards for legal, compliance, and technical security. These standards do not take into account the market cap or popularity of a project.”
The launch of the TNSR token is slated for today, April 8, as shared in a post on X by the Tensor Foundation.
This debut aligns with the conclusion of season 3 of Tensor’s rewards program and marks the onset of season 4 trading incentives. As noted on X by the Tensor Foundation, participants in the referral program will receive “treasure boxes” containing TNSR tokens.
The TNSR token was first introduced on March 12, with the announcement stating, “$TNSR will govern Tensor protocols that have already traded over $2bn worth of NFTs on the fastest, most scalable blockchain – Solana.”
