Spores Network

Spores Network

SPO
$0.001081978%2.01

Key Metrics

Price$0.001081978
Real Volume (24H)$71,085.84
Marketcap$1,145,060.08
Fully Diluted Valuation$784,548
ATH$0.109768
ATH Date8/20/2021, 5:48:46 AM
ATL$0.00011801
ATL Date12/21/2022, 9:06:00 AM
Circulating Supply1.1B
Total Supply5B
WebsiteN/A
WhitepaperN/A
Popularity Rank1999
Chart
What is Spores Network?

Spores Network (SPO) is an innovative metaverse and gamified platform that strives to enhance the Web3 experience by integrating corporate brands and entertainment IP. Recognizing the potential of the decentralized ownership model and the expanding metaverse space, Spores Network aims to bridge the gap between users' physical and digital lives, fostering a community-driven, borderless, and creator-centric metaverse.

Blockchain entrepreneurs and retail users have encountered various challenges while working on blockchain projects. Many crypto launchpads and gaming studios lack the necessary expertise and experience in the metaverse industry, often resulting in failures. Additionally, retail users seeking to participate in crypto space launchpads face difficulties in trusting projects due to poor vetting and inadequate due diligence. However, Spores Network acknowledges the rapid growth of the blockchain-based gaming industry within the metaverse, which highlights the significance of the launchpad model in assisting game and metaverse studios in raising funds.

The platform provides comprehensive support to Gamify and Metaverse startups through launchpads, aiding them in areas such as development, finance, marketing, and blockchain technology. By facilitating the development of games and their delivery to end-users while generating revenue, Spores Network empowers small Gamefi and metaverse startups. The Spores Launchpad ensures a diligent selection process, favoring only the most promising and trustworthy projects. This alleviates concerns of rug pulls or valueless projects for project owners. Moreover, the ecosystem offers a digital and physical experience that drives community engagement and revenue through the NFT aggregator marketplace, cross-chain metaverse, and Republique gallery and retail experience.

SPO serves as the native ERC-20/BEP-20-based utility token within the Spores network protocol. The token is exclusively utilized for its utility purposes, incentivizing all participants and contributors within the Spores network. Within the marketplace, SPO rewards NFT creators for minting NFTs on the Spores platform, traders for confirmed transactions, and liquidity providers (LPs) for supplying liquidity. Additionally, the token plays a vital role as a utility token within metaverse and gamify projects. Users have the opportunity to earn rewards by depositing, holding, or staking the tokens in a liquidity pool secured by a smart contract.

The history of Spores Network is rooted in the core founding team, composed of Eric Hung Nguyen as the CEO, Duc Luu as the Chairman, Paven Do as the CTO, Gregory Butz as the Chief Marketing Officer, and Allen Dam as the Chief Content Officer. These visionaries and industry experts have come together to drive the development and success of Spores Network, leveraging their combined knowledge and experience to shape the future of the metaverse and gamified experiences.

In conclusion, Spores Network (SPO) is an innovative platform that harnesses the power of the metaverse and gamification to empower users in the Web3 era. By integrating corporate brands and entertainment IP, Spores Network bridges the gap between physical and digital experiences, fostering a vibrant and inclusive community. The SPO token serves as a key component, incentivizing participants and driving utility within the Spores network. With a dedicated team and a commitment to advancing the metaverse and gamify sectors, Spores Network is poised to shape the future of decentralized entertainment and digital experiences.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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