AMA Recap Crypto Library with Spores


On 12th August 2021, Spores conducted an AMA in the Crypto Library Community. Our guest is Eric Nguyen. Lots of questions as usual from the Community about Spores progress. The Spores team took part in a very interesting AMA session which included introductions, questions from twitter, and a live AMA session with the Crypto Library community. If you missed the AMA in person, read this recap for a deeper insight into Spores.

Let’s take a look at the most interesting points of our conversation. 

Crypto Library Team : So, before we start the AMA could you please introduce yourself to our community?

Eric Nguyen (Spores) : My name is Eric Hung Nguyen, CEO and Co-founder of Spores Network, Asia premier NFT marketplace place focused on decentralised pop culture! My background is in Finance, I spent years as trader at investment banks in London and later as a portfolio manager at one of the largest hedge fund in the world.
Crypto Library Team : What is Spores? and how does it work?

Eric Nguyen (Spores) : Spores is an Asia-premier NFT marketplace with supported De-Fi & Interoperability Tools. We as co-founders of Spores believe in a future digital metaverse being built today that will revolutionize our thoughts and behavior with respect to living, owning, sharing our physical and digital lives. Spores seeks to empower creators to create, exchange, and communicate their life’s work. We believe in a future that is creator centricity, frictionless, borderless, community driven and we want to be at the epicenter as an ecosystem with a marketplace, de-fi tools, and venture fund that seeks to create value through project funding and support for our community. An interoperable NFT Defi platform is the foundation of the future of digital “metaverse” that we envision, it allows for frictionless and borderless NFTs economies transaction to take place. 

Crypto Library Team : Could you give us some reason why we have to choose Spores than other projects out there?

Eric Nguyen (Spores) : First, like any startup the team is the key, our team bring an unique mix of entrepreneurship with experience of years of building marketplace mix with High-Finance experience, our co founders have track records of being amongst the best in their own field, together we bring an unique set of skills for the NFT, Defi and marketplace business that Spores is building. Myself was a portfolio manager at one of the world largest hedgefund managing over 2bn USD, Duc - my cofounder took his company IPO on Nasdaq at valuation of over 1bn usd. Allen our chief content officer is a executive producer at hollywood, he is producer behind upcomming Expendable 4, Rambo 5 and previously been involved with production of Fast and Furious and top television series in China. Jeff our chief art curator is an ex-Sotheby and has been a gallerist by trade for over 20 years, has his own gallery in Shanghai which will be used to showcase our NFTs in the future. Second, we believe that content is king, our strengths come from our business network that enables us to bring large mainstream IP to our platform. Especially from the NFT side, content like digital art, gaming, animation, celebrity, and e-sports are fertile ground that NFTs haven’t really scratched the surface yet. Also We expect to launch a venture fund dedicated to NFT + DeFi projects, including blockchain game publishing, that can expand the reach of its ecosystem. We have made a few investments that are very exciting and will bring great value to Spores as a platform. We will announce in the upcomming days.

Crypto Library Team : Please tell us about $SPO token! What are the token use-case, distribution, and where we can buy it?

Eric Nguyen (Spores) : SPO token is the native token of Spores Platform is designed for community governance and DeFi utilization with NFT-creator-centricity and DeFi-community-driven purpose. SPO is used to incentivize NFT creators, buyers, agents, and liquidity providers across the ecosystem. We will have option for staking, platform fee discount as well as exclusive access to NFT drops for token holders. Our token is now trading on Uniswap! We also just reached ATH yesterday. So very exciting time.

Crypto Library Team : Could you give us some information about your roadmap, your milestones, and also your future plans?

Eric Nguyen (Spores) : Our MVP Beta Public Test-net was released, bug bounty programm is on-going. Our mainet is projected to release this quarter: 
  • We have announced our creators line up including legendary game designer American Mcgee (game designer of Doom 2, Quake, Quake 2 and creator of American Mcgee's Alice released by EA)
  • Yesterday we announced a new creator, Jasper Wong, a famous artist, designer, and curator best known for his art that is a unique clash of Asian-influenced pop culture. Jasper is the creator and lead director of Pow! Wow! Worldwide, which is a non-profit organization of contemporary artists committed to community enrichment. Pow WoW instagram has over 350k of followers.
Crypto Library Team : There are many NFT based projects which make it very difficult to choose, so can you tell us what Spore "Magnet" to get the attention of big investors and become the First NFT choice?

Eric Nguyen (Spores) : I am sure the communities have seen a fair number of NFT marketplace around. We believe one of the key differentiator will be content, "content is king". Our strengths come from our business network that enables us to bring large mainstream IP to our platform. Especially from the NFT side, content like digital art, gaming, animation, celebrity, and e-sports are fertile ground that NFTs haven’t really scratched the surface yet. With major hire like Allen, our chief Content Officer that will put us in close conversation with many major IP/Franchises to bring onto our platform as NFTs.

Crypto Library Team : What is the #Spora strategy for Digital Arts & NFT on the Spore Network? It is believed that #Spora is also attracting focus on Gaming & e-Sports, which is a fierce competition among the NFT market. What makes #Spora and its features different?

Eric Nguyen (Spores) : On Digital Art front, we have announced Jeff as our Chief Art Curator, Jeff is a former Sotheby, and a gallerist by trade for over 20 years, he has his own gallery in Shanghai. He is focused on digital arts and street arts with his extensive networks we bringing major digital artists onto our platform, the first of them we announced is Jasper Wong, a famous artist, designer, and curator best known for his art that is a unique clash of Asian-influenced pop culture. On gaming front we aim to work with all games to list their in-games items on our dedicated store pages, to help them with attracting more users, marketing and also facilitating payment. We have signed up many NFT gaming projects, that we will be announcing in the comming days and weeks.
Crypto Library Team : I read that Spores will have a marketplace, but I was wondering, who will this marketplace be designed for? What kind of requirements must an artist meet if they want to use their marketplace? Can not-so-popular artists sell their art there? What rules must they follow?

Eric Nguyen (Spores) : Yes Spores main business is the NFT marketplace. The marketplace is designed for NFT lovers, communities and creators and artists. All the works posted on our platform are undergone through a process of curation to make sure that it meet a certain standard, we target the upper-mid to high-end in all segments (except for gaming which we welcome all games). Yes all artists and creators can apply, they will be curated. The only rule is that we want to showcase awesome arts and NFTs!

Crypto Library Team : If you want to purchase Token Spores Network, Where is the Cryptocurrencies you can purchase it?

Eric Nguyen (Spores) : We are currenly listed on Uniswap only, you can go and trade there! All trading links are here:

Crypto Library Team : In addition to the AMAs and other marketing features, in what other ways is Spores aiming to further promote its services, and how will Spores engage its vibrant and growing community, making it part of this great promotional campaign?

Eric Nguyen (Spores) : We also has a show every friday called "That Nifty Show" hosted by our co-founder and Chairman Duc Luu. We bring top artists, creators and exciting guests onto that live stream. There is one comming tomorrow! We also rolling out amazing ambassador program to engage with the community more closely.

Crypto Library Team : Currently, famous KOLs are having a great influence on the crypto community. Do you plan to use their images to promote Spores, not only in the local market but also outside of it? If yes, in what form and advertising campaign?

Eric Nguyen (Spores) : Alex Becker tweeted about us frequently. Also next week we are having a top KOLs in the space featuring us in their show! Will be very exciting. This is just the start!

Crypto Library Team : Is it true that this August you launched the Spore Ambassador Program? if so, can you provide any information about it? and also how the community can join here? Can we benefit from it?

Eric Nguyen (Spores) : Yes we will launch our ambassador program this month. This will provide the community with the ability to work with us directly from adding value in managing community, marketing, IT to design. Our ambassadors will have access to our team, and receive updates slightly earlier than our announcement, also they will be able to earn SPO, weekly, monthly and quarterly from supporting us!