Tensor Secures $3 Million in Seed Round Financing for Solana-Based NFT Trading Platform
It is reported that Tensor, the NFT trading platform on the Solana chain, announced the completion of a seed round financing of US $3 million, with Placeholder…
It is reported that Tensor, the NFT trading platform on the Solana chain, announced the completion of a seed round financing of US $3 million, with Placeholder leading the investment, Solana Ventures, Alliance DAO, Big Brain Holdings, and Solana co-founders Anatoly Yakovenko and Raj Gokal participating in the investment. Tensor launched the private beta model in June 2022 and plans to open it to the public next month. （TechCrunch）
Tensor, the NFT trading platform on the Solana chain, completed a seed round financing of US $3 million
Interpretation of the news:
Interpretation:
Tensor, a non-fungible token (NFT) trading platform built on the Solana blockchain, has successfully raised $3 million in seed round financing. Placeholder, a venture capital firm focused on blockchain-related projects, led the funding round, with participation from Solana Ventures, Alliance DAO, Big Brain Holdings, and the co-founders of Solana – Anatoly Yakovenko and Raj Gokal.
The company launched its private beta model in June 2022 and plans to open it up to the public next month. This marks the latest development in the ongoing growth of the NFT market, which has seen explosive growth in recent years, particularly in the art and gaming sectors.
The Solana blockchain is known for its high transaction speed and low fees, which makes it a popular choice for NFT trading platforms like Tensor. The platform aims to provide users with an easy-to-use interface for buying and selling NFTs, as well as a secure and reliable marketplace for creators to showcase their work.
The participation of established investors like Placeholder and Solana Ventures in Tensor’s seed round financing signals a growing interest in the potential of NFTs and blockchain-based platforms. Additionally, the involvement of the co-founders of Solana suggests that there is confidence in the future of NFTs on the Solana blockchain.
As the NFT market continues to evolve, platforms like Tensor will play an increasingly important role in shaping the future of digital asset trading. By providing a seamless and secure user experience, these platforms can help to bring more mainstream adoption to the world of NFTs.
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