Spores Network Announces CardStarter as IDO platform

IDO Platform Announcement

Spores Network

Published in

Spores Network

3 min readJun 15, 2021

We are very happy to announce that Cardstarter — a prominent launchpad for Cardano network will be our IDO platform.

This is an exciting milestone for us as we aim to be the first NFT marketplace to build on Cardano blockchain technology, which is green, low cost with higher throughput that can facilitate NFT and Defi solutions for years to come. Our partnership with Cardstarter will empower us to connect with Cardano communities, early supporters, and a network of key partners. The exact date and whitelist process are to be announced in an upcoming post.

Over the past year demand for NFTs has grown exponentially. However, up until now the focus on NFTs has been primarily art-based, overshadowing the true utility that Non Fungible Tokens have to offer.

Spores team has designed a blockchain-agnostic NFT platform that incorporates popular decentralized finance (DeFi) protocols to address these issues — providing liquidity, improving access to capital, and allowing NFTs to function as financial instruments. Spores will allow NFT mining and exchange across Ethereum, BSC, and Cardano. DeFi users, through Spores, can participate in gamified implementations of staking, lending, liquidity pooling, yield farming, and more.

“We believe that the composition and complement of NFT & DeFi will bring significant progress to the crypto space, making it more applicable in the real world”

About CardStarter
CardStarter is the first incubator, launchpad and insurance program for projects on the Cardano network. The CARDS platform is a unique and dynamic launchpad, connecting projects to early supporters and a network of key partners. The Cards Accelerator Program (CAP) team works with each project individually to establish the right connections and map marketing strategies, establishing the foundation for long-term success.

CardStarter is also differentiated by its charge to protect its supporters. CARDS provides unbiased third-party audits of every project’s code and protects IDO participants with an in-house insurance program. CardStarter is proudly partnered with X21 Digital, BlockSync Ventures, Genesis Shards, Plethori, Fractal, PARSIQ, Scryptic Tech, and Longtail Financial. Once fully built, CardStarter will be an all-inclusive platform with a decentralized exchange to complement the current offerings. CardStarter also aims to be a nurturing force in the Cardano ecosystem, with hackathons and project development support being a major focus of the roadmap.

About Spores Network
Spores Network founders believe that crypto will lead to decentralization of ownership and frictionless redistribution of capital. Their mission is to create an NFT ecosystem that is creator-centric, community-driven, frictionless, and borderless. Spores Network chooses to be a cross-chain DeFi-powered NFT marketplace defining decentralized pop culture. 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 blockchain angel investor), Paven Do (former blockchain & cryptonomics researcher at HK Applied Science & Tech. Research Institute), 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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