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DISCLAIMER: This is not financial advice! None of the members of ICOPools.io are licensed financial advisors, hence you are urged to do your own due diligence and take your own decisions. (read more)

Sparkster

Sparkster

Active Pools Min cap Bonus Commission Raised Rating Language Access Created

Активный Пул

Min cap

-

Bonus

0%

Commission

0%

Raised

8 ETH

1443

Rating

5

Language

EN

Access

Created

09.03.18

Last ICO deals

Min cap

-

Bonus

-

Commission

4%

Raised

35 / 35 ETH

Active

20.05.2018

Finished successfully

20.05.2018

Tokens distributed

31.07.2018

Min cap

0.5 ETH

Bonus

-

Commission

4%

Raised

28 / 28 ETH

Active

20.05.2018

Finished successfully

20.05.2018

Tokens distributed

31.07.2018

Min cap

0.4 ETH

Bonus

-

Commission

4%

Raised

35 / 35 ETH

Active

20.05.2018

Finished successfully

20.05.2018

Tokens distributed

31.07.2018

Min cap

0.1 ETH

Bonus

-

Commission

4%

Raised

35 / 35 ETH

Active

20.05.2018

Finished successfully

20.05.2018

Tokens distributed

31.07.2018

Min cap

-

Bonus

-

Commission

4%

Raised

35 / 35 ETH

Active

20.05.2018

Finished successfully

22.05.2018

Tokens distributed

31.07.2018

Min cap

0.1 ETH

Bonus

-

Commission

4%

Raised

35 / 35 ETH

Active

22.05.2018

Finished successfully

22.05.2018

Tokens distributed

31.07.2018

Min cap

-

Bonus

0%

Commission

10.5%

Raised

39 / 39 ETH

Active

23.05.2018

Finished successfully

23.05.2018

Min cap

-

Bonus

0%

Commission

10.5%

Raised

39 / 39 ETH

Active

23.05.2018

Finished successfully

23.05.2018

Min cap

0.15 ETH

Bonus

0%

Commission

10.5%

Raised

29 / 29 ETH

Active

23.05.2018

Finished unsuccessfully

03.07.2018

Min cap

0.15 ETH

Bonus

0%

Commission

10.5%

Raised

87 / 87 ETH

Active

03.07.2018

Finished successfully

07.07.2018

Min cap

0.5 ETH

Bonus

-

Commission

4%

Raised

70 / 70 ETH

Active

18.05.2018

Finished successfully

19.05.2018

Min cap

0.5 ETH

Bonus

-

Commission

4%

Raised

35 / 35 ETH

Active

19.05.2018

Finished successfully

19.05.2018

Min cap

0.2 ETH

Bonus

-

Commission

-

Raised

35 / 35 ETH

Active

21.05.2018

Finished successfully

21.05.2018

Min cap

0.5 ETH

Bonus

-

Commission

5%

Raised

35 / 35 ETH

Active

24.05.2018

No Lockup

Finished successfully

24.05.2018

Tokens distributed

31.07.2018

Min cap

0.1 ETH

Bonus

-

Commission

1.5%

Raised

35 / 35 ETH

Active

20.05.2018

Finished successfully

20.05.2018

Min cap

0.15 ETH

Bonus

-

Commission

1.5%

Raised

No data / 35 ETH

Active

22.05.2018

Finished successfully

24.05.2018

Tokens distributed

02.08.2018

Min cap

0.5 ETH

Bonus

-

Commission

3%

Raised

45 / 45 ETH

Active

20.05.2018

Finished successfully

22.05.2018

Min cap

0.15 ETH

Bonus

-

Commission

3.5%

Raised

34 / 35 ETH

Active

22.05.2018

Token distribution: 2 weeks after crowdsale in Junu, exact date TBA

Finished successfully

22.05.2018

Min cap

0.2 ETH

Bonus

0%

Commission

2.5%

Raised

35 / 35 ETH

Active

21.05.2018

Finished successfully

22.05.2018

Tokens distributed

01.08.2018

Min cap

0.2 ETH

Bonus

0%

Commission

3.5%

Raised

36 / 36 ETH

Active

18.05.2018

Finished successfully

18.05.2018

Tokens distributed

01.08.2018

Min cap

0.2 ETH

Bonus

0%

Commission

3.5%

Raised

36 / 36 ETH

Active

18.05.2018

Finished successfully

18.05.2018

Tokens distributed

01.08.2018

Min cap

0.2 ETH

Bonus

0%

Commission

3.5%

Raised

36 / 36 ETH

Active

18.05.2018

Finished successfully

18.05.2018

Tokens distributed

01.08.2018

Min cap

0.2 ETH

Bonus

0%

Commission

3.5%

Raised

36 / 36 ETH

Active

18.05.2018

Finished successfully

18.05.2018

Tokens distributed

01.08.2018

Min cap

0.2 ETH

Bonus

0%

Commission

3.5%

Raised

36 / 36 ETH

Active

22.05.2018

Finished successfully

22.05.2018

Tokens distributed

01.08.2018

Min cap

0.2 ETH

Bonus

0%

Commission

3.5%

Raised

36 / 36 ETH

Active

22.05.2018

Finished successfully

22.05.2018

Tokens distributed

01.08.2018

Min cap

0.2 ETH

Bonus

0%

Commission

3.5%

Raised

36 / 36 ETH

Active

22.05.2018

Finished successfully

22.05.2018

Tokens distributed

01.08.2018

Min cap

-

Bonus

-

Commission

-

Raised

35 / 35 ETH

Active

20.05.2018

Finished successfully

20.05.2018

Min cap

0.1 ETH

Bonus

-

Commission

1.5%

Raised

35 / 35 ETH

Active

20.05.2018

Finished successfully

20.05.2018

Min cap

0.1 ETH

Bonus

-

Commission

3.5%

Raised

35 / 35 ETH

Active

20.05.2018

Finished successfully

21.05.2018

Min cap

1 ETH

Bonus

-

Commission

5%

Raised

30 / 30 ETH

Active

22.05.2018

Finished successfully

22.05.2018

Min cap

0.1 ETH

Bonus

0%

Commission

3.5%

Raised

No data / 36 ETH

Active

18.05.2018

Finished unsuccessfully

19.05.2018

Min cap

0.1 ETH

Bonus

0%

Commission

3.5%

Raised

36 / 36 ETH

Active

20.05.2018

Finished successfully

21.05.2018

Tokens distributed

02.08.2018

Min cap

0.1 ETH

Bonus

0%

Commission

3.5%

Raised

36 / 36 ETH

Active

21.05.2018

Finished successfully

21.05.2018

Tokens distributed

02.08.2018

Min cap

0.1 ETH

Bonus

0%

Commission

7.5%

Raised

37 / 37 ETH

Active

21.05.2018

Finished successfully

22.05.2018

Tokens distributed

02.08.2018

Min cap

0.1 ETH

Bonus

0%

Commission

7.5%

Raised

37 / 37 ETH

Active

22.05.2018

Finished successfully

23.05.2018

Tokens distributed

02.08.2018

Min cap

-

Bonus

-

Commission

3%

Raised

No data

Active

21.05.2018

Finished successfully

21.05.2018

Min cap

0.1 ETH

Bonus

0%

Commission

4.5%

Raised

35 / 35 ETH

Active

20.05.2018

Finished successfully

20.05.2018

Min cap

0.2 ETH

Bonus

-

Commission

3%

Raised

35 / 36 ETH

Active

20.05.2018

Finished successfully

21.05.2018

Tokens distributed

31.07.2018

Min cap

0.5 ETH

Bonus

0%

Commission

8%

Raised

No data / 25 ETH

Active

21.05.2018

Finished successfully

21.05.2018

Min cap

-

Bonus

-

Commission

-

Raised

No data / 35 ETH

Active

22.05.2018

Finished successfully

22.05.2018

Min cap

0.1 ETH

Bonus

0%

Commission

0.5%

Raised

35 / 35 ETH

Active

17.05.2018

Finished successfully

18.05.2018

Min cap

1 ETH

Bonus

0%

Commission

2%

Raised

35 / 35 ETH

Active

22.05.2018

Finished successfully

22.05.2018

Analytics

Category: Blockchain                                                                                                        Country: USA    Date: June 08, 2018

 

INTRO

Sparkster – is a cloud platform-constructor for creating decentralized apps using the “drag&drop” function without programming knowledge.

The distinctive feature of the project is opportunity of developing software using basic knowledge of English language and simple function of drag and drop. The team also claims the record speed of transactions per second – 10M TPS, which is rather theory and a marketing hook.

 

TOKENOMICS

Metrics:

  • Token symbol: SPARK
  • Total number of tokens: 435M
  • Tokens at Pre Sale: 250M SPARK;
  • Bonuses: to 30%
  • Tokens at Public Sale: 38M SPARK;
  • Hardcap: $30M
  • Softcap: $5M
  • Trigger price: $0,15
  • Technical data: Ethereum ERC20
  • Token sale date: TBA
  • Terms of release to exchange: unknown

Token breakdown:

  • 67% (290M) Sold as tokens to token holders 
  • 20% - Sparkster's initial investors
  • 10% - Sparkster's team
  • 2% - Exchange listing liquidity 
  • 1% - Sparkster's dreamers charity

Tokens of shareholders and team will be frozen for 2 years.

Tokenomics of the project is developed and balanced.

 

PRODUCT

The beta version of the platform for creating apps with the “drag&drop” function is published and tested, the platform functionality is very simple and user friendly.

 

The platform architecture and reaching network consensus are described in White Paper formally. Nodes in the decentralized cloud of Sparkster will consist of smartphones, tablets and laptops. A device owner earns reward when his device is chosen for fulfilling functions, storage, data retrieval or transaction confirmation.

Consensus in the network is reached through the use of Stellar Consensus Protocol (SCP). Nodes, which form cluster are isolated from each other, which allows processing data in parallel. The intellectual algorithm Consistent Hashing allows hashing clients’ identifiers and retrieving their “coordinates” for data exchange with nodes.

By the use of manageable and controllable Docker containers, the platform is horizontally scaled and in theory can support almost unlimited capacity from users and devices. Besides, adoption of AES 256-bit encryption and OAUTH 2.0 for data exchange between containers increases platform security.

Data, which are stored in the Sparkster cloud, are deconstructed into fragments of transactions, are encrypted and distributed among nodes, by what a high level of data privacy is achieved.

 

There are doubts regarding practical achievement of 10M TPS. The speed of transactions in the test network is 6467 TPS. One cluster gives about 1K TPS. But there are no information how many devices should take part in the network to reach 10M TPS, it seems the team intentionally avoids the digit to not scare investors away. In other words, in coming 2-3 years several dozens of thousands TPS will be achieved at best, but you can never tell. The team didn’t answer the question on the number of devices in the network in FB and Telegram.

Currently, according to Road Map, the Sparkster platform features inbuilt integration with Ethereum and IOTA. By the 1st quarter of 2019 integration with NEO, Cardano and Stellar is planned.

 

TEAM AND PARTNERS

The development of the Sparkster platform began in the Syncoms company and the platform is specified in the list of products on the official website. The Sparkster company was founded in 2018 and is an affiliated company of Syncoms IT company, which is founded in 2000 and focused on the development of SaaS ERP and software for e-commerce with staff over 200 persons. The founder of Sparkster Sajjad Daya has worked in the Syncoms company group since 2010. Many team members specify experience in Sparkster since 2014-2015. The team members (18 persons) have enough competences in different technologies and extensive experience of developing software in Youtube, WiPro, HSBC and IBM, but there are no blockchain specialists.

 

Strategic partnership with Libellium - a distributor of industrial sensors and gateways - was signed by Sparkster founders, as well as with ARM, one of the largest developers of computer chips.

It’s necessary to obtain confirmation on the part of Arm and Libelium.

 

SOCIAL ACTIVITY

The community’s interest in the project is very high thanks to the project promotion by Ian Balina. In a week 18K followers entered the official chat of the project in Telegram, who actively discuss the project. Sale of account for pre-sale was actively discussed in many forums.  Pre-sale was closed in 2,5 days with the amount of $25M out of $30M of hardcap.

 

MARKET

There are no direct competitors with the “drag&drop” function with minimum requirements to users’ coding knowledge, but there are indirect competitors in decentralized environment – these are high-speed new generation blockchain platforms for developing Dapss:

  • POA Network (ROI$ - 5,44,  capitalization - $81M, in the course of ICO $12,6M was raised).
  • DAOstack (ROI$ - 0.57,  capitalization - $18M, in the course of ICO $30M was raised)
  • Quarkchain (ICO is running, $16M was raised of $20M)
  • Squeezer (PreICO is running, $2.4M of $15M was raised)
  • Hedera Hashgraph (the stage of preparation to ICO, $18M was raised at Pre-sale, hardcap is unknown)
  • Casper API (the stage of preparation to ICO, $1.0M was raised of $31.8M)

 

In centralized environment – cloud technologies of the companies with multibillion capitalization: Google, Amazon, IBM.

 

The main part of competitors in decentralized environment are at the initial stage of development and haven’t launched Mainnet yet (except for POA Network).The speed of main network launch is of paramount importance for occupation of the market niche of decentralized applications.

 

Verdict

A very ambiguous project. The idea of the project is exciting and incredibly difficult in realization. Most probably, the speed $10M TPS won’t be reached in coming 3 years, but there’s high probability that the price of token can demonstrate the fold growth in short-term period (to 3 month) thanks to high hype around the project.

 

Fraud risk - low. Community’s interest – very high.

Product - 7
Team and partners - 8
Market - 7
Average score - 7.6

DISCLAIMER: This is not financial advice! None of the members of ICOPools.io are licensed financial advisors, hence you are urged to do your own due diligence and take your own decisions. (read more)