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Заголовок Tensor Launches Vector.fun: Latest Bet on SocialFi Amid the Meme Coin Mania
Дата 20241114

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Tensor Launches Vector.fun: Latest Bet on SocialFi Amid the Meme Coin Mania

With the ongoing surge in interest in meme coins, a leading Solana NFT• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » NFT - невзаимозаменяемый токен
marketplace , Tensor, is launching Vector.fun.

In essence, the project can be described as a SocialFi experience that
combines trading with social engagement in one mobile app.

The Road to Vector.fun

Sponsored

Sponsored

Tensor s Gen-Z-focused approach tries to make meme coin trading more
accessible to normies, as Tensor co-founder Ilja Moisejeves put
it on X. According to Tensor s founders, everything about trading and
crypto is inherently social. The main way it tries to achieve
this is by making it a shareable experience, driving home the essence of
community trading.

It s a new way to trade. It s internet finance in every
pocket. It s how your normie friend gets into crypto. It s the #1
app in appstore in 2025. Or it s a f**king dud and I ll be fired.
I guess we ll find out, said Tensor co-founder Ilja Moisejevs on
X.

As co-founder Richard Wu described on X, the project s idea arose from a
need for a solution to NFT• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » NFT - невзаимозаменяемый токен fatigue. The project has been in development over
the last eight months, a process the founders described as grueling.

I probably had 1 weekend off since TGE. One of our BD guys retrained as
PM to help with the load. People pulled 20hr days. Engineers slept in the
office
. 100s of feedback calls. 1000s of PRs. If you think Tensor was built
fast . my god, let me tell you, this thing is 10x more feature-full and
was built 10x faster. The team was stupid locked in, said Tensor
co-founder Ilja Moisejevs on X.

Sponsored

Sponsored

Earlier this week, they opened up early access to their waitlist. Shortly
after, they had to suspend sign-ups due to high demand, an auspicious sign.
Those who ve already signed up will be granted access in the coming
weeks. The existing holders of their NFT collection• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » NFT - невзаимозаменяемый токен can confirm ownership on
Discord.

In 2023, Tensor emerged as a strong player in the Solana NFT• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » NFT - невзаимозаменяемый токен space. But as
they debut this trading terminal, repeating that success remains to be seen as
they enter this highly competitive atmosphere.

Over the last year, meme coin trading has boomed, largely thanks to Pump.fun,
which enables users to create tokens easily and cheaply. Some tokens, like
Peanut the Squirrel (PNUT) and Goatseus Maximum (GOAT), have even reached
impressive market caps, bringing substantial gains to early investors.

Even with impressive examples like these, most meme coins experience quick
deaths. History has proven the same for SocialFi.

The Sad Saga of SocialFi

In late 2024, SocialFi platforms like Farcaster, Lens , and Friend.Tech began
seeing a steep decline in user activity . Farcaster, a platform focused on
user privacy and data control, experienced a substantial drop in daily active
users (DAUs), from 67,000 in July to 34,000 in October, despite acquiring $150
million in funding earlier this year.

Sponsored

Sponsored

Friend.Tech also saw a tumble in revenue. Originally yielding over $4 million
in fees in September 2023, developers have since renounced control of its
smart contract.

Now, they can no longer make changes or claim ownership. As of June, the
project no longer generates any revenue. Friend.Tech Revenue. Source: Dune .

These struggles highlight challenges in maintaining user interest in the
SocialFi space despite large investments and early excitement. However, the
recent meme coin craze serves as an ideal launchpad for Vector.fun to take
off, testing the arena for SocialFi readiness in the community.

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