Tensor Foundation Announces Acquisition of Tensor Marketplace and Tensorians NFT, Sparking Insider Trading Concerns

BlockBeats News, November 21st, The Solana NFT marketplace Tensor Foundation announced half an hour ago the acquisition of Tensor Marketplace and the Tensorians NFT series from Tensor Labs. The foundation will own and operate the official marketplace user interface built on Tensor Protocols. 100% of the Tensor Marketplace fees will go to the TNSR treasury (previously 50%), and all unreleased tokens belonging to Labs and founders (21.6% of the supply) will be burned today. Tokens previously locked by the founders will be relocked for an additional 3 years.

SolanaFloor stated that two days before this announcement, the TNSR token price surged, prompting questions about potential insider trading.