Spores Network
Spores Network is a multi-chain Web3 launchpad based in Hanoi, Vietnam, hosting IDOs and INOs across seven blockchains for early-stage blockchain projects and crypto investors seeking vetted deal flow.
- Company typePrivate
- Founded2021
- HeadquartersHanoi, Vietnam
- Headcount11–50
- GTM typeB2B and B2C
- OfferingSoftware
What Spores Network does
Spores Network is a multi-chain Web3 launchpad platform headquartered in Hanoi, Vietnam, founded in 2021. The company operates a platform for hosting Initial DEX Offerings (IDOs) and Initial NFT Offerings (INOs), supporting fundraising rounds across seven blockchain networks including Ethereum, BNB Chain, Polygon, Avalanche, Solana, Cronos, and Cardano. The platform was originally built on Cardano with cross-chain interoperability and has launched 50+ projects raising over $10M cumulatively, ranking #5 globally by popularity and #10 by total raise according to third-party launchpad trackers.
The platform's core products include the Launchpad (IDO/INO hosting), a Staking system where users lock $SPO tokens for tier-based allocation priority, the SwitchUp Accelerator (run in partnership with Vietnam Blockchain Association), a Growth Agency offering PR and marketing services, and Founder Showtime Demo Days for connecting builders with investors. The $SPO token serves as the native utility asset for staking, governance, and platform access, and is tradable on PancakeSwap and Gate.io. Revenue is generated through launchpad transaction fees, accelerator program fees, and professional services from the Growth Agency division, with a secondary component from the $SPO token economy.
The company completed a $2.3M seed round in July 2021 led by NGC Ventures, with participation from 316VC, Exnetwork Capital, Focus Labs, Maven Capital, OIG Ventures, SL2 Capital, SVC, and Twin Apex Capital. Spores Network operates with 51-100 employees and maintains strategic partnerships with Peanut Trade, CoinMarketCap, Brinc, Trive Digital, KannAudits, Metalabs, Seedlink, Hashlock, and DTC Group, primarily organized around its Founder Showtime 2026 event. No subsequent funding rounds or revenue figures have been publicly disclosed.
Spores Network firmographics
Firmographics- Name
- Spores Network
- Website
- https://spores.app
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Spores Network is a multi-chain Web3 launchpad based in Hanoi, Vietnam, hosting IDOs and INOs across seven blockchains for early-stage blockchain projects and crypto investors seeking vetted deal flow.
- Ownership category
- akta.pro rank
Spores Network industry classification
Industry- Product category
- Blockchain Launchpad
- NAICS
- Securities and Commodity Exchanges (52321), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Launchpads, IDOs & Token Distribution via DEXs (FSADABAL)
- akta.pro secondary industry
- Yield, Vaults & Asset Management (vault strategies, robo-vaults, structured yield) (FSAPAEAG)
Keywords
Where Spores Network is headquartered
LocationHeadquarters
- HQ city
- Hanoi
- HQ country
- Vietnam
- HQ region
- Asia
Markets served
Spores Network business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Operations
Revenue model
- Launchpad Fees: Revenue from IDO and INO launchpad services, taking fees from project fundraising events conducted on the platform
- Accelerator Program Fees: Fees from comprehensive advisory and financial services provided to projects at various stages of development through the SwitchUp Accelerator program
- Growth Agency Services: Marketing services revenue from PR, social media management, growth hacking, event organization, and strategic advisory for Web3 projects
- Token Economy: Native $SPO token used for staking, governance, and access to platform services including IDO allocations
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
Spores Network product offering
Product offeringCore offering
Spores Network operates a multi-chain launchpad where Web3 projects run IDO (Initial DEX Offering) and INO (Initial NFT Offering) public fundraising rounds across Ethereum, BNB Chain, Polygon, Avalanche, Solana, Cronos, and Cardano. Crypto investors participate by staking the native $SPO token to secure VIP-tier allocation priority, while projects additionally access incubation services through the SwitchUp Accelerator and go-to-market services through the Growth Agency.
Product overview
Spores Network operates as a multi-chain launchpad platform providing a comprehensive ecosystem for Web3 project launches and growth. The core offering consists of the Launchpad for IDOs and INOs, combined with a Staking platform that uses $SPO token tier-based allocation. Supporting services include the SwitchUp Accelerator (in partnership with Vietnam Blockchain Association) for startup incubation, a Growth Agency offering marketing/PR services, and Founder Showtime for investor demos. The platform supports multiple blockchain networks and has facilitated 50+ projects with over $10M in fund raised.
Differentiator
Problem solved
Functional benefit
Products and services
- Launchpad Multi-chain launchpad platform enabling blockchain projects to run IDOs (Initial DEX Offerings) and INOs (Initial NFT Offerings) across Ethereum, BNB Chain, Polygon, Avalanche, Solana, Cronos, and Cardano. Designed for Web3 founders raising public capital and for crypto investors seeking early-stage token allocations.
- Staking Staking platform where users lock $SPO tokens into tiered VIP levels to receive priority allocation in upcoming IDO/INO pools. Targets retail and professional crypto investors who want improved launchpad allocation odds.
- SwitchUp Accelerator Incubator and accelerator program for blockchain startups at all development stages, delivered in partnership with the Vietnam Blockchain Association. Provides advisory services, professional financial support, and introductions to VC funding for Web3 founders building across infrastructure, DeFi, AI, and on-chain applications.
- Growth Agency Professional marketing services offering public relations, social media management, growth hacking, business development and fundraising strategy, strategic advisory, and event organization. Targets Web3 projects that need go-to-market support alongside or after a launchpad raise.
Quantifiable outcome
- 50+ projects launched with $10M+ total funds raised
- +2 more outcomes
Companies that use Spores Network
Customer profileSegments3 records
Ideal customer profiles2 records
Spores Network technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Spores Network partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and supporting.
- Vietnam Blockchain AssociationcoreStrategic partnership hosting the SwitchUp Accelerator Program. The association collaborates with Spores Network to provide startups with opportunities to get funded by top VCs and grow sustainably in the blockchain ecosystem.
- Peanut TradecoreLeading proprietary trading firm and fair MEV market maker supporting Founder Showtime 2026. Helps projects with market making, token launch execution, and pre-TGE strategy. Strategic ecosystem partner for the Demo Day event.
- BrincsupportingAccelerator and ecosystem partner for Founder Showtime 2026, providing startup enablement and support services.
- Trive DigitalsupportingEcosystem partner for Founder Showtime 2026, supporting growth and market development.
- DTC GroupsupportingEcosystem partner for Founder Showtime 2026, contributing to market intelligence and growth services.
- KannAuditssupportingSecurity and audit partner for Founder Showtime 2026, providing smart contract security services to ecosystem projects.
- MetalabssupportingEcosystem partner for Founder Showtime 2026, providing growth and market support services.
- CoinMarketCapsupportingMarket intelligence partner for Founder Showtime 2026, providing data and visibility services to ecosystem projects.
- SeedlinksupportingEcosystem partner for Founder Showtime 2026, supporting startup growth and funding opportunities.
- HashlocksupportingSecurity partner for Founder Showtime 2026, providing blockchain security and audit services.
Scale indicators8 records
Recent moves6 records
Expansion highlights5 records
Spores Network competitors and assessment
Company assessmentDirect peers
- Poolz Finance: Multi-chain decentralized launchpad offering IDO and INO services — direct peer with similar Web3 project fundraising focus.
- DAO Maker: Leading multi-chain IDO launchpad offering staking-based allocation tiers and project incubation services — directly comparable business model and customer base to Spores Network.
- Polkastarter: Multi-chain DEX launchpad enabling decentralized fundraising rounds with fixed pools — comparable launchpad-as-a-service model and multi-chain positioning.
- Seedify: IDO launchpad and incubator focused on GameFi, NFT, and DeFi projects — direct peer with similar vertical focus and staking-based allocation mechanics.
- Enjinstarter: IDO launchpad built on Enjin ecosystem with focus on gaming and metaverse projects — closely aligned with Spores' GameFi/NFT heritage.
- Avalaunch: Avalanche-ecosystem IDO launchpad with staking-based allocation — comparable launchpad mechanics with chain-specific vertical focus.
- BSCPad: BNB Chain-native IDO launchpad with tiered staking pools — directly comparable multi-tier staking-based allocation model.
- TrustPad: Multi-chain launchpad with KYC-gated pools and tiered staking allocations — direct competitor targeting similar mid-tier Web3 project fundraising needs.
Broad incumbents
- Binance Launchpad: Token sale platform operated by the world's largest crypto exchange; same fundamental IDO offering but with vastly deeper liquidity, distribution, and brand.
- CoinMarketCap: Market data platform that Spores partners with and that operates adjacent token listing/research functions; broadly comparable as crypto market infrastructure serving overlapping audiences.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Spores Network social profiles
Digital presenceSpores Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Spores Network leadership team
Management profileNumber of profiles
Spores Network funding detail
Funding detailFunding overview
Funding rounds1 record
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Spores Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Spores Network
What does Spores Network do?
Spores Network operates a multi-chain launchpad where Web3 projects run IDO (Initial DEX Offering) and INO (Initial NFT Offering) public fundraising rounds across Ethereum, BNB Chain, Polygon, Avalanche, Solana, Cronos, and Cardano. Crypto investors participate by staking the native $SPO token to secure VIP-tier allocation priority, while projects additionally access incubation services through the SwitchUp Accelerator and go-to-market services through the Growth Agency.
Is Spores Network a public or private company?
Spores Network is a private company. It is classified as venture growth investor backed and is currently operating.
When was Spores Network founded?
Spores Network was founded in 2021. It employs 11 to 50 people.
Where is Spores Network based?
Spores Network is headquartered in Hanoi, Vietnam, in the Asia region.
How does Spores Network make money?
Four revenue lines are on record. Launchpad Fees are the primary driver. The others are accelerator Program Fees, growth Agency Services and token Economy.
Who are Spores Network's main competitors?
Direct peers on record are Poolz Finance, DAO Maker, Polkastarter, Seedify, Enjinstarter, Avalaunch, BSCPad and TrustPad. Broad incumbents are Binance Launchpad and CoinMarketCap.
Does Spores Network have an API?
No public API is recorded for Spores Network.
What industry is Spores Network in?
Spores Network's product category is Blockchain Launchpad. Its primary akta.pro industry code is FSADABAL, Launchpads, IDOs & Token Distribution via DEXs, with a secondary code of FSAPAEAG, Yield, Vaults & Asset Management (vault strategies, robo-vaults, structured yield). Its NAICS code is 52321 and its SIC code is 6200.