Streamlining precious metal investing with Sparklo’s (SPRK) approach to fractional NFTs

by James · April 24, 2023

$Streamlining precious metal investing with Sparklo’s (SPRK) approach to fractional NFTs$

Across the wider cryptocurrency industry, there is a consistent stream of new projects aiming to capture the appeal and general attention of investors and traders on a global scale.

Not every project succeeds, but those that do have historically provided high returns for investors.

Specifically, when investors and traders get into the early stages of a project that is exploding in popularity, they can make the most of it. Analysts predict that this project will become Sparklo and that it could increase by 40x in value in the coming months. Today we’re going to walk through the project to see why this might be the case.

Table of Contents

The goal behind Sparklo (SPRK)

Sparklo will be the first blockchain-based investment and trading platform that intentionally specializes in providing an opportunity where investors and traders on a global scale can access silver, gold and even platinum.

The Sparklo platform will give them the ability to make these investments through the use of blockchain technology.

This means that the otherwise illiquid asset class can become liquid, as more investors than ever before will be able to make investments within these asset classes. Traditionally, the precious metals asset class was locked to only the wealthiest investors out there, and the common person has to jump through a lot of hoops to access them. All this will change with Sparklo.

Sparklo (SPRK) and its functionality

Sparklo, as a platform, will be built with NFT (non-fungible token) functionality. This means that anyone will be able to buy an asset in the form of, for example, a gold bar, silver bar or platinum bar, which is minted as an NFT on top of the platform.

This NFT will then be fractionated, which means that it will be divided between smaller pieces. Investors and traders will then be able to buy either an individual part of the NFT or buy the entire NFT. For those who actually buy the entire NFT, they can have the precious metal, in this case a gold bar, delivered to a location of their choosing.

Sparklo (SPRK) and its investment potential

Through the presale stage, the SPRK token is offered at a value of $0.015. This means that it has an extremely reasonable price point and can provide a solid entry point for new investors and traders.

The platform is also audited by the InterFi network, and liquidity will also be locked for a total of 100 years.

What this means is that the platform is already well established and will only get better over time. With the overall increased demand for precious metals as an asset class, and the momentum in pre-sales, analysts predict that the value could increase by 40 times in the near future.