Sparkster ICO, Summary and Review


Highlights

The world’s fastest Decentralized Cloud for Smart Software.A specialized Blockchain designed specifically to replace Cloud Computing ($250B market size of cloud computing industry).
Tens of millions of transactions per second -not offchain or side chain but on main chain. This is huge if it works as it claims.
Build Smart Software in plain English. Focus on WHAT you want to build, and let the platform transform your ideas into working software in seconds — this is huge step forward in the direction of mass adoption.

Project in Infographics

+pros

  • Sparkster Boasts an Insane 10 Million TPS (Transactions per Second). It Puts Sparkster High up There with the Rest of the Blockchain Performance Projects.
  • Partnerships with Arm and Libelium. Both of These Companies Are on the working on cutting edge technologies in Internet of Things domain. Transaction speed is most critical factor in IoT where Sparkster has a huge edge.
  • Token Economics is really good with 67% of SPARK Tokens going to the ICO Contributors.The Team is only retaining 10% of SPARK Tokens which is very generous and community focused approach.
  • Sparksters Roadmap Is Seriously Impressive. Milestones/Goals Are Well Presented and Detailed All the Way into 2019. Past Progress Dating Back to 2014 Is Even Available to View. Great to See so Much Progress Has Been Made Even Before the ICO Period. It’d Be Great to See Some of This Progress on a Public Github, but the Team Are Clearly Working Hard.
  • The Sparkster Team Has an Incredible Amount of Experience in Areas That Are Vital to This Type of Platform. The Team Has Experience with Companies & Organizations Such as Cisco, WiPro, HSBC and IBM to Name a Few. The Team Also Includes 17 Software Engineers, Progress Shouldn’t Be an Issue Here Due to the Sheer Amount of People Working on the Technical Aspects of Sparkster.

-cons

  • At the Time of Writing (May 16th, 2018), We Can’t Seem to Find a Github for Sparkster. For a Project That Is Supposedly Feature Rich, It’d Be Great to See Some Github Progress to Back This Up. It Is Completely Possible That the Team Are Protecting Their Code from Competitors by Developing Privately Before Their ICO. Not a Huge Concern but Something to Keep an Eye On.
  • Sparksters Website Is a Little Hard to Understand at Times. It May Just Be a Language Issue but Researching Sparkster by Using the Resources on Their Website Can Get a Bit Confusing at times, with Some Paragraphs Not Making a Lot of Sense. If You Are Interested in Some Research, Go Straight to the Whitepaper or the Various Videos Are Available. Not a Direct Concern for Sparkster, Just Something That May Turn Investors Off.
  • Sparkster Claims to Be Able to Process 10 Million Transactions per Second. Their Testnet Produced a Result of 6,467 Transactions per Second Using 6 “Cells”. Great to See They Have Tested the Network Successfully, but the “10 Million TPS” Claim Is Still Completely Theoretical until We Actually See the Network Stress Tested to That Capacity. Investors Should Know the Difference Between Real Tests and Theoretical Maximums, Especially with Projects like Sparkster.
Official Sparkster Links -
Author: boahancockp@gmail.com

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