Compressed NFTs: Solana’s Secret to Mass Adoption | Tensor’s Co-founders

In today's episode, we're joined by Ilja Moisejevs and Richard Wu to discuss how Tensor is building the #1 NFT marketplace in Solana and why compressed NFTs are Solana's new unlock. We cover why Ilja and Richard chose Solana, the advantages of professional vs retail products, compressed NFTs, Tensor's roadmap, crypto's path to mass adoption and more!

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Timestamps:

(00:00) Introduction

(00:20) Tensor: NFT Trading for Prosumers

(04:28) Why Build NFT Infrastructure?

(07:57) How Did You Choose to Build on Solana?

(12:31) Path Dependency: Expanding From Pros to Retail

(15:19) Competition

(18:57) Loyalty Points and Hyperscaling

(21:07) Compressed NFTs: The Unlocks and Tradeoffs

(36:23) Permissionless Ad

(37:23) Tensorians: Tensor’s NFT Project

(44:20) Tensor’s Roadmap and Owning the User Relationship

(50:32) What You’ve Learned as a Founder

(01:02:47) Rapid Fire

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Use code LIGHTSPEED30 to get 30% off Permissionless 2023 in Austin: https://blockworks.co/event/permissionless-2023

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Resources

Tensor

https://twitter.com/tensor_hq

https://linktr.ee/tensor_hq

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Disclaimers:

Lightspeed was kickstarted by a grant from the Solana Foundation.

Nothing said on Lightspeed is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Mert, Garrett and our guests may hold positions in the companies, funds, or projects discussed.