Unlocking the Potential of SPONB: Developing a Multi-Chain Interoperable NFT Marketplace and DeFi Protocols

Spores Network is in the process of building a multi-chain interoperable NFT marketplace and DeFi protocols for various Creative Industries such as Animation, Collectibles, Digital Artworks, Fashion, Gaming, and Sport Cards. The team at Spores Network firmly believes that a digital "metaverse" is currently being developed, which will bring about a transformation in our perspectives and behaviors when it comes to living, owning, and sharing both our physical and digital lives. With the advent of cryptocurrency, two exciting paths have emerged: the decentralization of ownership and the frictionless redistribution of capital. Spores aims to empower creators by providing them with the means to create, exchange, and communicate their life's work. At the core, Spores Network upholds Creator Centricity, Frictionlessness, Borderlessness, and Community as its key values.

Exploring SPONB: On-Chain Governance and DeFi Interactions SPO, the base currency of the Spores platform, enables token holders to propose and vote on on-chain governance proposals that determine the future features and parameters of the platform. The voting weight is calculated based on the amount of tokens staked. It is important to clarify that the right to vote is restricted solely to features of the Spores platform and does not extend to the operation and management of the Company, its affiliates, or their assets. Holding SPO does not grant any equity interest or participation in collective investment schemes. Furthermore, the arrangement is not intended to function as a joint venture or partnership. SPO can also be utilized to interact with integrated third-party DeFi protocols, such as LP mining, staking, and collateral lending, and receive incentives for engaging in these activities. Users who utilize SPO for payment of platform fees are entitled to discounted fees. Additionally, SPO can be acquired to pay for periodic subscription plans related to NFTs, including Elite Club subscriptions that offer exclusive NFT airdrops, collectible rewards, and presale access to exclusive NFT drops.

Exploring the Incentives of SPONB: NFT-DeFi Synergy

• NFT club subscription
• Governance & Voting

The convergence of NFTs and DeFi presents numerous opportunities for innovation and opens up a wide range of applications. The integration of these two technologies creates a synergistic ecosystem that combines the uniqueness and value of NFTs with the financial capabilities offered by DeFi.