The next gold mine for traders and crypto investors
Sparklo is a decentralized finance project (DeFi) that allows the buying and selling of precious metals in the chain. The platform allows the buying and selling of precious stones such as silver, gold and platinum.
Sparklo is a project built on the Ethereum blockchain. It has a native ERC-20 token that will be the main currency of the ecosystem. However, this means that anyone intending to buy and sell on the Sparklo market must own the SPRK token.
Sparklo aims to offer a transparent and secure platform for individuals to buy precious metals without intermediaries. This possibility eliminates the risk of fraud and other problems associated with traditional markets.
A unique feature of Sparklo is the storage system for hard gemstones. 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 storage system for hard gems.
Sparklo’s hard gemstone storage system is a game-changer in the precious metals market, providing buyers with a safer and more reliable way to purchase precious metals.
Sparklo (SPRK) Token Utilities
The Tokenomics of Sparklo is designed to ensure 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 stake rewards, marketing, exchange listings, and team and advisory team tokens. The team tokens are unlocked, ensuring that the team is fully committed to the success of the project. Sparklo’s Dev team has also confirmed that liquidity is locked in for 100 years, providing stability and security for long-term investors.
Sparklo’s future development
Sparklo has not yet been launched on the coin market. The white paper provides an overview of the development roadmap. This roadmap is divided into three stages and accompanied by various milestones to be achieved.
Step 1 involves the creation of the SPRK smart contract, website design and development. It also has a smart contract audit, research and data collection and marketing. Stage 2 involves founder KYC, a team token lock and 100 year liquidity lock. This stage will also see a listing of SPRK tokens on Uniswap, Ethereum’s largest DEX.
Stage 3 involves partnership formation, release of the beta mode of the platform and listing on various CEXs. During this phase, Sparklo will have expanded and grown, becoming one of the top 100 coins by ranking on CoinMarketCap. Token holders will also witness a special burning event that will positively affect the price of SPRK.
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