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Spores Network Raises $2.3M in Funds to Become First Full-stack NFTs and DeFi

Spores Network Raises $2.3M in Funds to Become First Full-stack NFTs and DeFi
  • Spores Network has successfully secured $2.3 million in new funding.
  • Investors who participated in the funding include GC, SVC, ExNetwork.
  • SL2, Twin Apex, Focus Labs, Maven Capital, OIG, Vivian Capitalare and many more.

Spores Network has announced it has successfully secured $2.3 million in new funding to become the first full-stack non-fungible token (NFT) and decentralized finance (DeFi). In order to adopt and integrate with Cardano blockchain  and ecosystem. GC, SVC, ExNetwork, SL2, Twin Apex, Focus Labs, Maven Capital, OIG, and Vivian Capitalare just a few of the many investors who participated in the funding.

NFTs and DeFi have undoubtedly been huge news this year. Along with the price of Bitcoin, NFTs have put crypto firmly into the mainstream spotlight. Lower transaction costs and carbon footprints, higher throughput, and widespread communities will enhance NFTs to mainstream users.

Spores Network  Executive Chairman Duc Luu said,

“We at Spores Network are incredibly excited to launch our vision of NFTs and De-Fi with the support of world-class crypto VCs and KOLs who see a future that is frictionless, borderless, creator-centric, and community-driven to create, exchange, and communicate our physical and digital life’s work.”

Luu also added that in order to be the Alibaba and Alipay of the crypto world, they will launch Asia’s premier NFT marketplace and DeFi tools. This will enhance market creative verticals like digital art, gaming, animation, celebrity, and esports, offering creators a share of revenue and voice in those verticals.

Spores Network is a blockchain agnostic and creator-centric full-stack NFT platform.  Duc and Eric Hung Nguyen Spores are the company’s founders. They have a vision of an NFT platform that is cross-chain interoperable. This enables users to issue NFTs, auction, and exchange assets and use other DeFi products without any obstacles.

Moreover, this is a creator-centric platform which optimizes minting, exchanging, and also sharing creative work. The NFTs surging trend naturally leads to the mainstream world in which the people recognize an opportunity where anyone can earn and invest.

The leading investor and NGC founding partner Roger Lim agrees that the increase in NFTs as a new crypto asset inside the digital world is a tremendous opportunity for everyone to inhabit, invest, and own digital assets. More so, the NFTs and their metaverse will provide a gateway for the non-crypto native to dip one foot into decentralization and frictionless ownership.

All-in-all, Spores Network develops a full NFT and DeFi ecosystem starting with an NFT marketplace to power value creation which aims on depth and breadth of vertical expertise. Although Spores is tailored to fit all participants, stopping is never a choice when you could launch an IDO on Cardstarters instead. From July 23, 2021 registering for Spores Network IDO will be available for all users.

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Crypto trading has enticed Alyssa Wiselin to write for CoinQuora. She consistently contributes news and feature articles. She has covered several different blockchain and crypto niches, especially altcoins.