
In this sense, the project takes advantage of blockchain technology to authenticate NFTs and track their ownership logs and buy/sell histories, as well as decentralize their trading procedures. Somewhere down the line, Spores envisions a platform that is cross-chain interoperable, allowing users to issue NFTs, auction, exchange the crypto assets and utilize DeFi products without barriers.

Spores are equipped with features to facilitate and benefit all participants, including artwork and content creators, game developers, entertainment producers, clubs, collectors, celebrities, fans, etc. Expect us to bring the hottest celebrities, animation/anime, digital fine art, blockchain games and eSports to Cardano’s ecosystem soon.” First full-stack DeFi platform built on Cardano Spores aims to be a cross-chain DeFi-powered NFT marketplace defining decentralized pop culture, and we’re pumped to bring that vision to Cardano’s incredible community. “Spores Network is incredibly honored and excited to launch our IDO through CardStarter. Spores Network believes that content is king and expects to launch a venture fund dedicated to NFT and DeFi projects, including blockchain game publishing, as it expands the reach of its ecosystem.ĭuc Luu, chairman of Spores Network, said, The private placement included participation by major pre-selected investors such as NGC Capital and Maven Capital.

Spores Network has recently completed a private funding round, having raised a total of $2.3 million. The highly anticipated DEX offering marks the latest milestone for Spores Network, which aims to become the first full-stack, blockchain-agnostic, DeFi-powered NFT marketplace. Spores Network, a full-stack NFT-DeFi platform, is getting closer to yet another milestone with the launch of its upcoming initial DEX offering (IDO) on CardStarter – the premier launchpad and incubator for projects on Cardano.Ĭommunity members and investors now have the chance to secure a spot on the whitelist for the IDO scheduled for Wednesday, Jat 8:00 AM PST / 3 PM UTC.
