Blockchain entrepreneurs and retail users have faced problems while working on a blockchain project. Many crypto launchpads and gaming studies lack blockchain expertise and experience in the metaverse industry, which leads to failures. Also, when retail users are looking to participate in the crypto space launchpads, it becomes difficult to trust due diligence and poor vetting in crypto projects. However, currently, in the world of the metaverse, the platform realizes that the blockchain-based gaming industry is booming rapidly. Hence, the launchpad model assists the game and metaverse studios raise funds.

The platform assists the Gamify and Metaverse startups to raise funds through launchpads and helps them with the development, finance, marketing, and blockchain technology. The platform ensures that all the small Gamefi and metaverse startups can develop the games and deliver them to the end-users while generating revenue. Also, the Spores Launchpad provides diligence in the process where only the potential and most trustworthy projects are favored. Project owners do not have to stress about rug pulls or other valueless projects. Lastly, the ecosystem provides a digital and physical experience that drives community engagement and revenue through the NFTaggregator marketplace, cross-chain metaverse, and Republique gallery and retail experience.

SPO is the native ERC-20/BEP-20-based tokenused as per the utility function specified by the Spores network protocol. The token is purely used to serve the utility purpose and incentivize all the Spores network participants or contributors. Within the marketplace, the token rewards the NFT creators to mintNFT on the spores platform rewards traders for confirmed transactions, and rewards LPs for providing liquidity. Also, the token is incubated as a utility token within the metaverse and gamify projects. Users can also yield rewards for depositing or holding coins or stakingthe tokens in a liquidity pool backed by a smart contract.

The core founding team of the Spores network includes Eric Hung Nguyen, CEO; Duc Luu, Chairman; Paven Do, CTO; Gregory Butz, Chief Marketing Officer; and Allen Dam, Chief Content Officer.