Spores Network & SparkPoint will cooperate on establishing their future in the NFT-DeFi space
Partnership Announcement
Today, 5th of July 2021, Spores Network and SparkPoint have tied the knot on their partnership agreement that will bring mutual benefits to the two projects in the NFT and DeFi space.
The partnership will bring the SPO token, the native token of Spores Platform, to the SparkPoint Wallet app, adding to the growing list of supported tokens of the in-house made wallet app. The token will also be listed on SparkSwap decentralized exchange (DEX), with associated staking options on SparkPoint’s DeFi platform, SparkDeFi, to boost SPO’s liquidity and user base. This will bring our token to mass adoption through the DeFi services that SparkPoint currently offers.
*SPO is used to incentivize NFT creators, buyers, agents, and liquidity providers across Spores’s ecosystem.
SparkPoint’s Crypto Slicer NFTs on Open Sea will also be made available on Spore’s NFT Marketplace in the future. SparkPoint will list NFTs for Lending and Staking services through the marketplace is also imminent, which will be featured in SparkPoint’s upcoming Peer-To-Peer (P2P) Lending and Borrowing services — launching on SparkDeFi Web app on the last quarter of 2021. And the good news is that SparkPoint’s NFTs will also be wrapped through NFTs across major blockchains like Ethereum, Cardano, and Binance Smart Chain, erasing the fragmentation across these blockchains by Spores Network.
“Sparkpoint’s wallet solution and DEX clearly support our mission to bring NFTs to the masses, introducing crypto art to a new generation of collectors. We want to bring exciting products and solutions to a burgeoning NFT ecosystem girded by DeFi tools to improve liquidity and transparency. At the same time, introducing Crypto Slicer NFTs into the Games Vertical of our NFT marketplace shows our commitment to investing and facilitating trade of blockchain games collateral. We welcome as many blockchain games developers as possible onto our marketplace and have invested and are open to invest in Play-To-Earn Blockchain Games.”
Chairman and co-founder Duc Luu.
About SparkPoint
SparkPoint or officially, SparkPoint Technologies Inc., is a duly registered corporation under the SEC in the Philippines. The project was launched on October 5, 2018, and is one of the pioneer cryptocurrency startups in the Philippines. The project aims to fast-track mainstream adoption of blockchain and cryptocurrency through an ecosystem of practical products and services.
SparkPoint started with initial funding of $50,000. With only this minimal capital combined with discipline, determination, and hard work, the team was able to launch various blockchain-based products and services including SparkPoint Wallet, SparkLearn, SparkPlay, SparkEarn, and SparkDeFi. These products and services have collectively reached hundreds of thousands of users and are steadily growing
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.
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