Spores Network is building a multi-chain interoperable NFT marketplace and DeFi protocols for Creative Industries: Animation, Collectibles, Digital Artworks, Fashion, Gaming, Sport Cards. Spores Network founders deeply believe that a digital “metaverse” is being built today that will revolutionize our thoughts and behavior with respect to living, owning, sharing our physical and digital lives. Crypto enables two exciting and eventual two paths: Decentralization of Ownership, Frictionless Redistribution of Capital. Spores seeks to empower creators to create, exchange, and communicate their life’s work. Our Core Values are defined as: Creator Centricity, Frictionless, Borderless, Community.
SPO would allow holders to propose and vote on on-chain governance proposals to determine future features and/or parameters of the Spores platform, with voting weight calculated in proportion to the tokens staked (the right to vote is restricted solely to voting on features of the Spores platform; it does not entitle SPO holders to vote on the operation and management of the Company, its affiliates, or their assets or the disposition of such assets to token holders, and does not constitute any equity interest in any of these entities or any collective investment scheme, and the arrangement is not intended to be any form of joint venture or partnership). As the base platform currency, SPO may be utilised to participate in a variety of interactions with integrated third party DeFi protocols (e.g. LP mining, staking, usage as collateral lending), to engage with these protocols and receive incentives for such engagement. Usage of SPO for payment of platform fees would entitle a user to discounted fees. SPO may also be acquired to pay for periodic subscription plans relating to NFTs (e.g. Elite Club subscriptions to receive exclusive NFT airdrops, collectible rewards and presale access to exclusive NFT drops). NFT-DeFi incentives NFT club subscription Governance & Voting It is now the marriage of NFTs & DeFi for massive applications.
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