<\/p>\n
The airdrop is valued at $250 million with TNSR launching at a $2 billion valuation.<\/p>\n
Solana\u2019s leading NFT<\/a> platform, Tensor, has airdropped $250 million worth of TNSR tokens \u2013 12.5% of the total supply \u2013 to early users, with the project currently trading at a $1.9 billion fully diluted valuation.<\/p>\n TNSR went live on April 8 at just over $1, soaring to $2.23 less than an hour later. The token has dropped as airdrop recipients claim and sell their tokens and is now changing hands for $1.84.<\/p>\n Eligible users can claim their TNSR airdrops here<\/a>.<\/p>\n <\/p>\n According to FlipsideCrypto<\/a>, Tensor is Solana\u2019s top NFT trading platform by a wide margin. Its total volume is 3.9 million SOL, translating to more than $2 billion. It comfortably beats the number 2 platform, Magic Eden<\/a>, by more than 1.3 million SOL. Total trades on Tensor have surpassed 6.7 million, of which 6.5% have been tagged as wash trades.<\/p>\n Notably, an NFT collection linked to the project dubbed Tensorians \u2013 composed of 10,000 NFTs \u2013 crashed<\/a> 50% today \u2013 trading at a floor price of 18 SOL, or roughly $3,200.<\/p>\n Disgruntled Tensorian holders took to Twitter today, denouncing that the ecosystem\u2019s \u201cbiggest supporters\u201d got diluted.<\/p>\n \u201cNot one to complain about an airdrop, I know that [the Tensor team] worked hard, but why did you give a base of 420 tokens to people with a single tx and only ~1,100 tokens for a staked tensorian?\u201d wrote<\/a> the pseudonymous Mondoggg, co-founder of NFT platform Resonance Lab. \u201cFeels like we got super diluted and you hurt your biggest supporters.\u201d<\/p>\n Today\u2019s airdrop represents 12.5% of the token\u2019s total supply of 1 billion TNSR. The team has assigned 55% to the community, 27% to core contributors, 9% to investors and advisors, and 9% to reserves for future funding and development.<\/p>\n The remaining 42.5% earmarked for the community will be used for incentive programs, liquidity provisioning, and grants beneficial to the Tensor ecosystem.<\/p>\n <\/p>\nTensorians Crash 50%<\/h2>\n