Spores Community Town Hall

Community Update

Last week, the Spores leadership team came together for our Community Town Hall, with many reached out to our community members live from Art Basel, Miami — where over 250 leading international art galleries are presenting the highest quality of artworks across all media, from painting and sculpture to photography and digital works. And, NFTs are making their debut this year as a new art medium.

🤵 Guest Speakers

Duc Luu, Chairman & Co-Founder

Eric Hung Nguyen, CEO & Co-Founder

Paven Do — Chief Technology Officer & Co-Founder

Ruby Nguyen — Chief Operating Officer

Allen Dam — Chief Content Officer

Jeff Lee — Chief Art Curator

Gregory Butz — Chief Marketing Officer

If you missed out, tune in on our recap below!

Part I — Spores Network Announces Its Expanded Ecosystem Solution

As the leading Asia-influenced NFT marketplace, we are updating the Spores Network platform to reflect an entirely new NFT ecosystem that is powered through a curated marketplace — art gaming, and entertainment — combined with a GameFi launchpad and enhanced through a proprietary games publishing platform activating IDO, IGO, and INO opportunities.

1️⃣ Curated Marketplace — Art, Gaming, and Entertainment

The anchor to our Marketplace is SPO Tokenomics. The SPO token is the engine for our ecosystem and we have Loyalty Programs, Staking Access and Rewards, and Buybacks developed or in-process of being launched over the next quarter. We will delve deeper into this during our Finance update.

2️⃣ GameFi Launchpad enhanced through a proprietary games publishing platform activating IDO, IGO, and INO opportunities

3️⃣ Republique, a meta-experience consisting of a museum, retail space, and sculpture parque

This will be a unique space for personal expression. Where partners can immerse in temporary and permanent world-famous digital art and a section where everyday people can house their own gallery. We have three amazing artists that will be part of our Republique kick-off and will discuss later in our presentation.

Over the next 12-months we will clarify our vision around our Spores Metaverse, an immersive digital 3D playground and gamified open world ecosystem where all IP and brand partners can interact with people choosing to enrich and connect between their digital and physical lives.

Part II — Tokenomics, Technology and Operations

1️⃣ Token Performance & Utility

In order to foster and maintain long standing support from our community while still giving back to investors with attractive returns, we’ve opened up 2 SPO — BSC staking pools.

In addition, we are actively bringing forward SPO token utility opportunities. An example of this was 20% off for purchasing Super Boomi NFT at 400 units and it sold out within hours of our Presale opening. There will be many more of these programs going forward so do keep an eye out for our communications.

2️⃣ Technology

• In Q4 of this year we have completed, or are finishing a number of very important technology improvements:
• We have successfully integrated into the BSC ecosystem.
• Our Game Store is on track for completion this month and will begin on Ethereum with a schedule to have multiple NFT drops in games.
• Our Loot Box solution is on track for completion this month and will start on BSC. We have successfully leveraged this as part of our Super Boomi pre-sale which was completed on November 26th.
• We are partnering with Ikonospace to build our Spores metaverse. Starting with the launch of the Republique. All program details are on-track for launch in December.
• We are committed to build an NFT marketplace on Cardano and we have completed a Cardano challenge to attract blockchain talents to help us realize our vision. Moving forward, we will collaborate with IOHK from Cardano on technology integration and other partnerships, and our NFTs can be part of the Cardano ecosystem.

Here’s our focus for H1 2022:

🔹 Spores Launchpad, version 2.0

Based on a lot of demand from our partners and companies that Spores have invested in and incubated, this launchpad is designed to be multi-chain and will include IDO / IGO / INO activities with a focus on GameFi and web3 projects

🔹 Multi-chain and cross-chain Marketplace

🔹 Fiat Payment

Our ambition is to onboard the general public to the Spores ecosystem, and to do that, we will have fiat payment. Discussions are already in the works with some established payment companies in the space, and we will start the integration job in Q1/2022.

🔹 Upgrades to our Spores marketplace

In order to enhance our capability to onboard thousands of artists and increasing traffic, there will be exciting new and improved features for trading and auction, such as advanced search, price alerts, and more.

3️⃣ Operations

🔹 Set-up a full customer service, sales and marketplace operations team

Focuses on ensuring high satisfaction to our end users, creators and customers. We have dedicated Account Managers who are on track to onboard 1000+ artists, 10+ projects in Entertainment, 10+ games projects, and launch multiple industry partnerships in H1/2021.

🔹 VIP Program

We have built a VIP program and rolled out initiatives such as prioritized access for our VIP members, as well as the cashback program.

🔹 Cross-chain

We have rolled out our first campaign on BSC with Super BOOMi and have received very promising results, and overall, our customers are most happy with the low gas and low transaction fees. In 2022, we will operate on Ethereum, BSC, Polygon and on other blockchains as well.

🔹 People Updates

We have more than 60 team members with official presence across the globe, in the US, China and Vietnam. Office openings in Vietnam, physical office and gallery in Shanghai, and key leaders in Chicago and Los Angeles.

Part III — Marketing and Business Development

1️⃣ Later this month, Spores will launch République, a meta-experience consisting of a museum, retail space, and sculpture parque. This is a unique space for creators to bring their vision and story to life in a much larger way than just a digital image.

As an artist or brand, one can create most anything conceived within our internal and landscaped gallery. We are offering you the freedom to tell your narrative and showcase your work as you see fit.

As a buyer, you can now see the vision the artist had, see the scale, and understand the story behind it. Then, in just the click of a button you can easily purchase.

Artists participating in the launch of The Republique include:

• Todd Gray, acclaimed contemporary pop artist for more than 35 years, is known for his sculptures and large scale murals.
• Tillavision, the industry’s go-to digital animator, working with some of the biggest names in music, fashion and sports
• DSL Collection, one of the largest private collections of Contemporary Chinese Art in the world

If you’re an Artists, Collectors, or Retailer then this Web3 meta experience is for you!

2️⃣ Smashing Success of Super Boomi

Super Boomi is an award-winning animated show that has been gaining success in both Asia and worldwide for its wondrous virtual reality game universe with coding, technology and friendship as it’s core themes. To put a finer point on this — with over 5 Billion views and a huge fan base…this property is often referenced as the China answer to Disney!

For this partnership, we kicked off a pre-sale round for NFT loot boxes on November 26th and within the first few hours we sold 80% of our inventory!

3️⃣ Art

Vision for The Republique & 1H2022:

🔹 Tillavision Group Show

• Look Mister — digital artist working in Web3 and AR who has collaborated with Marvel, Hennessy, Puma, and many more.
• Black Pixar — 3D artist developing his virtual universe of characters.
• Eddie Visual — digital artist who has created stage visuals for the biggest acts in entertainment and also developing his own NFT catalog.
• Virtual Girl + Max Renn — 3D animator and game developer duo who worked closely with Young Dolph and create visuals for pop stars like Saweetie and ‘video of the year’ for Meg the Stallion.
• Ness Pro 100–3D artist and head of global designer network Team Black Cat. Ness sold out his first 50 piece NFT collection while providing top notch visuals for top tier collaborators in music and entertainment.
• James Haunt
• Dave PERSUE Ross
• OG Slick
• Nychos
• Yok & Sheryo

4️⃣ Entertainment

Focusing on bringing IPs to life with web3 applications. Here are three early projects we are currently working to activate in Q1 2022:

🔹 In the Toy category IP and turning it into an online metaverse game and media property with Web3 activations: KOW Yokoyama

🔹 Collaborating with Industries — (automobiles) niche (tuner culture) fanbase creating a place for incredible story sharing and commerce: Kuruma NFT Inc

🔹 Activating non-linear storytelling: ‘Mystery Brothers’ Quentin Lee’s Asian American Comic Book

🔹 We are also launching our artist Todd Gray’s “World Healing Tour” that will be realized on September 11, 2022.

The basic premise, we are going to create a tour that will activate in cities around the world that are hurting. The quest for locations is not hard given the last few years! In the US, it might be Washington DC, Chicago, or even Los Angeles. Internationally, it might be Tel Aviv, Puerto Rico, or a location that has just suffered a devastating natural disaster.

Over the next 12 years, we will select a new city and create a new one-of-a-kind mural to bring happiness and in turn…do our part to help heal a world that is hurting. We are actively working through details and there will be lots of opportunities for members of our community to get involved.

5️⃣ Gaming Platform

Spores is activating a gaming platform that includes:

🔹 GameFi Launchpad that is dedicated to launching high quality P2E games through INOs and their in-game assets including land transport, weapons, skills, avatar sales, and more.

Over the last month we have proven a skill in this area:

• Sold over $2.5M worth of virtual land and transportation solutions with our Netvrk activation.
• Sold $163k in presale land with Polkafantasy

🔹 GameFi Incubator invests in GameFi IDOs and operates blockchain game studios with venture capital style support across funding, marketing, operations, and tech advisory functional expertise.

In this area we have incubated or invested via Spores Capital in five projects with more on the way. Those currently include: Planet Sandbox, CROS, Oort, Himo and Crypto Art House

🔹 Secondary Game Marketplace will be launched via a partnership with blockchain game ChainGuradians over the 2021/2022 holiday season as a player-driven platform that combines traditional gaming concepts with blockchain technologies.

🔹 Gaming Platform will include an Accelerator Program for SPO token holders. This will be included in all games we directly incubate and will offer direct and indirect benefits to SPO token holders.

Exp: Early access to a level within a new game, airdrop of valuable NFTs, or receive other value-added opportunities.

About Spores

Spores Network founders believe that the decentralization of ownership and burgeoning metaverse will uniquely bridge our digital and physical lives. Our mission is to create an NFT ecosystem that is creator-centric, community driven, and borderless. To that end, Spores functions as a media company that leverages an NFT marketplace and game publishing platform to activate content creators in art, games and entertainment.

Spores Co-Founders include Duc Luu (Nasdaq IPOed serial entrepreneur ), Eric Hung Nguyen (former senior investment analyst at a top-10-worldwide hedge fund), and a diverse team of advisors across blockchain and entertainment.

Join our collective. Tell your story. Share our vision, at Spores Official!

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