Spores Network to launch official IDO for leading GameFi platform, Karmaverse

Karmaverse IDO will start on Mar 26 - 1 PM UTC

4 min readMar 22, 2022

Committed to introducing top GameFi projects to our community, we’re excited to announce our next IDO launch — Karmaverse.

🔔 Karmaverse IDO will take place on Spores Launchpad on March 26, 1 PM UTC 🔔

🗓 TIMELINE

Registration & KYC: Deadline Mar 25, 1 PM UTC
VIP Round: Mar 26, 1 PM UTC — Mar 27, 1 PM UTC (24 hours)
Double Limit for all VIPs: Mar 27, 1 PM UTC — 2 PM UTC (1 hour)
FCFS Round: Mar 27, 2 PM UTC — Mar 28, 2 AM UTC (12 hours)

🔎PROJECT OVERVIEW

KARMAVERSE is a metaverse containing the game worlds of all the games we have produced so far, and which includes toolboxes for the community to build similar games on our platform. Players — known as Karmanauts — can use NFTs to transfer assets between games or sell them to other players.

⚡A large scale blockchain SLG game backed by an experienced team who developed ‘King of Avalon’ and ‘Guns of Glory’, with a proven track record of developing traditional SLG games ($2B revenue and 5M MAUs), with over 40 game developers working on it.

⚡ Karmaverse raised a total of $8M in a private round led by top venture Capital firms A&T Capital ($6M), TPS and YGG SEA.

⚡Partnership with top gaming guilds including Unix Gaming, Avocado Guilds, Ola.gg, PathDAO, YGG SEA, Liberty Guilds, and more.

⚡A combination of Play to Win & Earn for fun that offers gamers easy access to play with limited in-game purchase, to optimize gaming experience with 2 to 3.5 hours gameplay daily compared to 30 minutes gameplay in most of existing blockchain games.

⚡First game world, Karmaverse Zombie, is launching in March. The full SLG game is launching in Q3 2022. The team has completed art design for four-game worlds.

⚡KEY FEATURES

🌏 Diverse Game Universes

Existing game worlds will all be placed online and players can access them all from a central hub. Players can also build their own games using the Karmaverse tool set

🕹 Players

Move freely between game worlds with your own Avatar NFT (can be sold or transferred) and directly links to your 💳 Token Wallet across every game in the system

💰Marketplace

Players can trade NFTs and Tokens in a unified market that connects the entire KARMAVERSE.

💱 Swap

The Karma Swap DEX allows players to swap, earn, stack yields, lend, or borrow any of the tokens or NFTs.

🛠 Game Building Toolbox

⚖ Dynamic Balance Adjustment System

💳 BACKERS & PARTNERS

💲TOKENOMICS

For more details check out Karmaverse Whitepaper

🚨KARMAVERSE IDO ON SPORES LAUNCHPAD 🚨

🔸Token: $KNOT

🔸Network: BSC

🔸Distribution Network: POLYGON

🔸Total Supply: 210,000,000

🔸Initial Market Cap: $1,800,000

🔸Spores Allocation: $50,000

🔸$KNOT IDO Price: $0.5

🔸Requirements

Staking $SPO for VIP Access
Currency: USDT/BUSD

🖱 HOW TO PARTICIPATE

🔸STEP 1: STAKE $SPO

Go to https://staking.spores.app/
All $SPO stakers (previous & current staking pools) are eligible to participate in Karmaverse IDO as VIP buyers.
VIP Requirements & Benefits

🔸STEP 2: REGISTER & KYC

In order to be eligible to participate in the IDO, you are required to fill out the following forms:

Registration Form: https://forms.gle/99xAFu7cSmgbqh1Y8

*KYC is required for IDO participation

Process: Email verification > Identity document > Face match

🔸 STEP 3: EMAIL CONFIRMATION

Upon completion of the registration process, you will receive an email confirmation for the KYC.

After our whitelist closing time, Spores Network will notify you of your Tier Confirmation at least 12 hours prior to the date of the sale.

About Karmaverse

Website: https://karmaverse.io

Twitter： https://twitter.com/Karmaverse_io

Discord： https://discord.gg/d6FVbRr3r8

Medium： https://medium.com/@karmaverse.io

Youtube: https://www.youtube.com/channel/UCDrmy4bZIzZZrCjeI_BPiwQ

Telegram： https://t.me/karmaverseofficial

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 a GameFi /Metaverse Publisher that is creator-centric, community-driven, and borderless engaging entertainment IP and corporate brands. 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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