A Sparkling Project that will go BOOM

I wanted to reach out to all and express the excitement following my analysis revolving around what I would consider a firecracker of a project that in essence is going to blow the market apart! This project completely (pardon the pun)electrifies me and certainly has the makings of becoming the catalyst to mass adoption given the nature of its simplicity. And guess what, I think it will enthuse you too and with a working prototype in existence the world is its oyster. Reading into this project and from all work undertaken, this project has the hallmark of a Super Hybrid ICO. It encapsulates a little of everything that we see and hear about many projects across the eco space. It’s a cloud solution, a platform, a Blockchain and in addition, it encompasses scalability too, which compliments the aforementioned. In addition the team have envisioned 10m TPS in time. Taking all this into account, this project is destined for greatness if targets and objectives are achieved.

Furthermore the concept will run with a POW and POS algorithm, which in turn presents a reward system and always an attractive option. So the combination of this instruction set up again accentuates the Hybrid mantra running through the team and the project. Sparkster’s coding language and simplicity is a unique feature for the platform and presents a single and straightforward selling point, which in this competitive and saturated market is a major factor.

Invariably, they are forging a new path of simplicity in the Blockchain domain, which is the catalyst in my opinion for mass adoption. Fundamentally, Blockchain needs to grow into a more intuitive and mature product and more importantly not only comprehensible for the techies. Furthermore, Sparkster appear to be visionaries in their quest as their product democratises the process of development in Blockchain similarly empowers everyday people who can have an impact in the real world. For widespread adoption simplicity is a must and Sparkster’s mission and ethos certainly resonates with this aspect. Just look at the availability of AI currently and its hype even though the theories and concepts have been around for decades, they just needed a more simple and intuitive implementation for it to become reality and this model seems to underpin the Sparkster plan.

With a cloud service currently processing at a rate of 52k TPS, a clear and elaborative roadmap, a dedicated plus highly credible team and solid partnerships Sparkster has a promising future. Primarily what they want to do is allow anyone when I say anyone I mean people without any coding skills whatsoever to be able to develop software…In a nutshell, just think other projects in the space like Cardano, Loom, Matrix AI. these similar projects have had massive yet still growing attention for use cases.

What makes me excited and bullish about this project…

Use Case

Simplifying things is always a good one and the substance needed for mass acceptance. All its doing is solving problems in the actual plus literal sense such as allowing people to code without having to be conversant about learning programming languages. In addition the major scalability problems that currently exist are set to be a distant memory with the project planning on a 10m TPS in time and this is huge given the impact this could make. Overall it’s a mixture of many of the core areas of the Blockchain ecosystem but unparalleled with anything in the market. It’s a platform, Blockchain, has AI and will have the potential to intensify scalability, a very versatile but alluring proposition. Additionally, you want simplicity and ease of use, the platform was tested with kids aged between 9 & 10 and although this generation has a tendency to embrace and understand technology from an early age the outcome was impressive. On the whole, anybody can use the platform and it’s also set up for enterprise grade, which is another avenue to capitalise on. Its encryption and authentication methods are outstanding and have provided even more flavour to the offering given the complexities and importance of these aspects.

Team

Well, a vital area that requires evaluation on any project/ICO is assessment of the band that is going to bring their music to the world. This can invariably determine the delivery and success of any project in view of qualities such as expertise, experience, creditability and reputation on hand. These qualities more importantly the levels achieved and showcased can set the foundation of any project in it is infancy and provide it with the foundation, substance and ingredients required to succeed in the task and vision outlined in the roadmap. The main team itself is full of seasoned professionals and a notable mention of the CEO who has worked with the titan that is CISCO. Significant accolades and professionals in abundance we have here, affiliated or held roles for some strong and renowned organisations in the technology space like IBM, COTI, AT&T and Pfizer. The project and task in hand is major but they have a solid and experienced team to as Adam Ant once expressed ‘Stand and deliver’.

Tokenomics

Some good and attractive tokenomics in place with the plan to raise $30m, which for a project of this magnitude and nature coupled with current market conditions, is grand and a perfect fit. Tokens are said to be released 2 weeks after the TG event, which is hoping to raise circa $5.7m in the process. The bounty scheme they have rolled out to entice and encourage support for a chance of achieving a contribution slot is admirable especially when considering some of the other strong projects who held lots of support weren’t exactly on best form in the manner they held their application processes losing significant support in the process. Their vesting period for tokens issued to team members is two years, which again gives confidence in the longevity and ambitions of the project.

Road Map

A project with such potential and charisma, doesn’t ferment overnight and a significant amount of planning, hard work and dedication has certainly been in existence, accentuated in the tutorial video they rolled out which was fantastic. It’s evident and apparent that a high degree of ICOs only have a concept and most are still in development with prototypes and MVP not in existence with funding from the ICO necessary to execute stages of the roadmap and objectives. However, Sparkster is different, the journey commenced back in 2014 and the vision and tasks set out then are well on track for delivery. The platform is all set and due for roll out in Q4 2018 and with prototype in existence they have the basics in place. In addition, a raft of projects/entities tend not to keep to their words with dates adjusted, listings postponed and delays to the roadmap aims with the blame normally connected to technicalities. However, Sparkster have certainly kept to their road map so far and have confidence this will not wane.

Community

Hype and Social acceptance is a key fixture these days in this fiercely competitive space…but this is predominantly driven on the nature of the product, quality of the core fundamentals such as the team, potential use case and subsequent influence and endorsement from personalities in the crypto space. All in all this boosts excitement, a bullish mentality and in essence that they are investing in a project and plan that will succeed with a moon Rendezvous a possibility. I’m very enthusiastic about Spakster and I don’t think I am the only one with a telegram channel hosting just under 60,000 members.

Overview

In essence, a truly overwhelming project and one that I have strong belief it will turn out to be a major game changer in the sphere. With a combination of the right marketing and growth of the advocates and community, this project has the foundations and propensity to disrupt the market as a whole. I am not a financial advisor and this is certainly not financial advice as you have to make your own investment decisions in life. This is simply my own personal opinion based on my own findings, knowledge of the space, detailed analysis and all research entailed and ultimately this gets my backing for review and consideration. Consequently given its Hall of Fame status, with a strong mix in all areas, this is certainly a project that I am passionate about and will be hoping to contribute to the proceeds required when the crowd sale goes live. If they execute this properly we could have not just one of the stronger projects of 2018 but since the space formed.

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