Partnership between Spores Network & Charli3

Latsan
3 min readSep 19, 2021

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The Spores Network partnership with Charli3 stands to benefit each other in the following ways:

-Forced node staking, utilizing the native token

-Multi-oracle node consensus: This basically means, that spores network will have access to data from several oracle services making it easier to achieve their goal to Decentralize of Ownership in the NFT marketplace and create Frictionless distribution of Capital.

-A trustless network of systems to prevent Sybil attacks: It will be impossible for one person to run multiple nodes on the Spores network.

-Aggressive node reputation and validation: Charli3 will make sure every piece of information on the Spores network is openly accessible, accurate and accessed safely and efficiently.

-Multiple redundant oracle networks: Both parties, Spores & Charli3 have many natural fit that brought them together, as they both did there IDO on Cardstarter and both aim to build on the Cardano ecosystem and commit to delivering high quality works to our community.

Partnership with Charli3 will further enable Spores to enable proper pricing to expand into Defi later and this collaboration between Spores & Charli3 will help to further the goals in DeFi Industry as a whole such as creating some of the most robust derivative products within Crypto Space.
Also the Partnership between Spores & Charli3 will not be limited to the above highlights, because they will scout more opportunities in order to grow both community in DeFi Sector.

About Spores?

Spores network is a cross chain DeFi powered NFT market place that seeks to Define decentralized pop culture. It’s main aim is to build a full stack NFT platform consisting of an NFT meeting portal in the marketplace for trading NFT’s supported by cross-chain DeFi protocols which is user friendly. Spores is currently Asia’s top NFT marketplace. Spores seeks to Give creators the power to Create, exchange, and communicate their lifes work, , supported by cross-chain interoperable and frictionless protocols on multiple major blockchains (Ethereum, BSC, Cardano, Solana, Polkadot, Avalanche, Cosmos), which solves the addressed limitations of the NFT industry. The spores network Vision is founded on 2 major paths that are likely to play out in the Crypto space. They are;
· Decentralization of Ownership
· Frictionless distribution of Capital

Spores Network has 3 main features which include,

1. NFT DeFi COMBINATION; where NFT de-fractionalization, Fungible Tokenization, and NFT pool making utilizing DeFi landing and farming facilities are made possible…

2. MULTI CHAIN OPERABILITY: This makes the mining and management of NFT’s on multiple chains easy, and items are swapped, bought or sold across numerous blockchains.

3. CRYPTO AND FIAT PAYMENT: This final feature handles the various unramped and overamped solutions for many fiat currencies.

Charli3: Cardano Decentralize Oracle

Charli3 is the first decentralized oracle network on the Cardano blockchain.
Charlie takes data from different project by being native to Cardano, Charli3 and aims to avoid the notable issues with flexibility, scaling, and growing transaction fees seen with Ethereum-based oracles while also building its foundation on a trusted network (either on or off chain) and pulls them together and filters them according to the needs of the client to provide them with correct information for the proper execution of said projects. By being native to Cardano’s blockchain, it will have the lowest barrier to entry for functioning as the standard decentralized oracle of all Cardano-based projects. CHARLI3 will be the clear choice for any project building on the Cardano blockchain.

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Latsan
Latsan

Written by Latsan

Blockchain enthusiast//Blockchain Ambassador//Content writing.

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