Spores Network & Polygon Team Up To Bring NFTs Into Mainstream Use
We are thrilled to announce that Spores Network and Polygon have tied up a partnership agreement that will bring major developments to the NFT and DeFi space.
Polygon will award Spores Network a developer grant for Spores to integrate Polygon into Spores’ ecosystem. They will also be supporting Spores with the technical integration as well as marketing efforts to develop the Spores ecosystem. The partnership will spearhead the new NFT adoption to mainstream users across 6 key entertainment and pop culture verticals: gaming, animation/anime, esports, digital fine arts, music, and film/TV.
The whole integration process is expected to complete in Q3, 2021 with the full support of Polygon in terms of integration and onboarding processes.
“Rising transaction fees, network congestion and carbon footprints have been the problems that deter the mass adoption of NFTs, with Polygon is amongst the leading Layer 2 scaling solutions on Ethereum that solve many of those challenges with excellent technology. We are very happy to be integrating with Polygon, we believe this is an important step forward in our journey to bring NFT and Defi to the mainstream” — Eric Hung Nguyen, CEO, and Co-founder of Spores.
“The future is scalable authenticated cross-chain NFT’s and we’re excited to have Spores with us to be a part of that future’’, said Hari Pilaka, Growth team at Polygon.
Meanwhile, Spores network focuses on designing “blockchain-agnostic NFTs” for use across different blockchains such as Ethereum, Cardano, and BSC networks without having any issues related to compatibility between permitted vs delegated chains. Spores’ founders believe that we are currently witnessing a shift from centralized models in other industries towards decentralization — “a metaverse” being built today that will revolutionize the thoughts and behavior with respect to living, owning, sharing the physical and digital lives,
Spores 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 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. To that end, Spores has built a cross-chain DeFi-powered NFT marketplace defining decentralized pop culture, sharing NFT content across gaming, esports, animation/anime, digital fine arts, music, and film/TV. 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.
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