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Sparklo is a decentralized finance (DeFi) project that allows the on-chain buying and selling of precious metals. Its platform allows the buying and selling gems such as silver, gold, and platinum.
Sparklo is a project built on the Ethereum blockchain. It has a native ERC-20 token which will be the main currency for the ecosystem. However, this means that all who intend to buy and sell in the Sparklo marketplace must own the SPRK token.
Sparklo aims to provide a transparent and secure platform for individuals to purchase precious metals without intermediaries. This opportunity eliminates the risk of fraud and other issues associated with traditional markets.
One unique feature of Sparklo is its hard gem storage system. This system ensures that actual precious metals are returned for every platform purchase. A team of experts responsible for the safekeeping of precious metals manages the hard gem storage system.
Sparklo's hard gem storage system is a game-changer in the precious metals market, providing buyers with a more secure and reliable way of purchasing precious metals.
The tokenomics of Sparklo are designed to ensure its stability and longevity. Sparklo's maximum supply is 1,000,000,000 tokens, with 60% allocated for the presale.
The remaining tokens are allocated for staking rewards, marketing, exchange listings, and team and advisory team tokens. The team tokens are locked up, ensuring the team is fully committed to the success of the project. Sparklo's Dev team has also confirmed that liquidity is locked for 100 years, providing stability and security for long-term investors.
Sparklo is yet to launch on the coin market. Its whitepaper gives an overview of its development roadmap. This roadmap is divided into three stages and accompanied by different milestones to be reached.
Stage 1 involves the creation of the SPRK smart contract, website design, and development. It also features a smart contract audit, research and data gathering, and marketing. Stage 2 involves KYC for the founder, a lockup of team tokens, and the 100 years liquidity lockup. This stage will also see a listing of SPRK tokens on Uniswap, Ethereum's largest DEX.
Stage 3 involves partnership formation, the release of the beta mode of the platform, and listing on different CEX. During this stage, Sparklo will have expanded and grown, becoming one of the top 100 coins by ranking on CoinMarketCap. Token holders will also witness a special burn event that will positively affect the price of SPRK.
Buy Presale: https://invest.sparklo.finance
Website: https://sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
