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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Every year new projects emerge in the crypto space, many of these projects come with much hype. This makes it difficult to determine which crypto projects are worthwhile. In this article we will review a new presale project that has been making the rounds due to its features and innovative approach Sparklo.
As a platform, Sparklo intends to create a global marketplace for trading a vast array of precious metals. At present, trading of precious metals is often done between gold merchants and institutional investors like banks.
Sparklo plans to break up this system by developing a global marketplace that connects retail investors with investment opportunities in the precious metal industry. For a start, this platform will partner with jewelry stores from different locations globally.
At first, the project will only facilitate transactions for gold, platinum and silver. However, as time progresses, other precious metals like copper, bronze and tin will be available for sale.
Sparklo applies several crypto-based features to its services as a platform built on blockchain technology. For example, the platform makes use of non-fungible tokens.
In case you are unaware, non-fungible tokens are non-interchangeable assets. These assets, frequently called NFTs, are digital tokens founded on blockchain technology. An NFT represents singular resources such as a piece of art, digital or media content.
Each NFT can be contemplated as an unalterable digital testimony of ownership and genuineness for a specific resource, whether it's physical or digital.
Sparklo intends to utilize NFTs to mark down ownership for every precious metal placed on its platform. As a result, each precious metal sold on this platform will have its own NFT. As proof of ownership, these non-fungible tokens can be sold between different buyers on the platform.
Ultimately, Sparklo will deliver a hassle-free and effective means for individuals to participate in the global precious metal trade. Consumers can also purchase the goods they require at the most favorable rates.
Now is a great moment to capitalize on Sparklo. The SPRK token currently trades for $0.022 during its Phase 2 presale. The platform has been auited by the InterFi network and its liquidity has been locked for a total of 100 yeras. The Team also completed a KYC verification process, ensuring a higher level of trust and security.
There are compelling reasons why cryptocurrency enthusiasts worldwide should consider investing in this project. Here are a few:
Sparklo has pioneered the first blockchain-based marketplace for precious metals. This platform offers a unique retail investment opportunity for traders in this industry globally.
Sparklo has implemented strong security measures like any reputable crypto project. The platform has created an unbreakable system that guarantees secure transactions for its users.
Additional benefits to investing in this project include:
