Sparkster ICO Review

Summary

Sparkster is basically about creating a software by using plain english rather than codes. It also creates a Decentralized Sparkster Cloud that aims to run 10 million TPS through blockchain technology.

Sparksters innovative cloud could disrupt the $200 billion cloud computing industry and prohibitive prices set by centralized cloud providers like AWS, Microsoft, Google and IBM.

Website: https://sparkster.me/
Token symbol: SPARK
Token price: 1 SPARK = 0.15 USD
Token type: ERC20 (Ethereum platform)
Whitepaper: https://drive.google.com/file/d/1_341kbDEDc9PWn4lbsCGpAmcqDqcggUq/view
Hard cap: 30,000,000 USD
Total possible tokens: 435,000,000
Token distribution:
Community reserved: 67%
Pre-sale: 250,000,000
Public Sale: 38,000,000 (July 2018)
-Proof of Love (75%)
-Lottery (25%)

Token distribution
Token Sale: 67%
Pre sale: 250,000,000 with 30% bonus with one month vesting (bonus only)
Public Sale: 38,000,000
Initial Investors: 20%
Team: 10%
Exchange Listing Liquidity: 2%
Dreamers Charity: 1%
Token distribution timeline
Tokens will be distributed two weeks after the public sale.
Roadmap
2014
Platform development begins

2016
Internal platform beta release

2017
Jan: Platform testing completed
Jul: Signed partnership agreement with Libelium
Aug: Signed partnership agreement with ARM
Oct: Performance optimisation completed
Nov: Private beta program begins

2018
Jan: Decentralised cloud architecture planning completed
Mar: Decentralised cloud internal beta release
Apr: Public launch of fully functional platform
May: Launch of Sparkster Marketplace
May: File patent application to protect tech

Q2: Public release of platform for Arduino ESP devices
Q3: Public release of platform for ARM devices
Q3: Expects to be one of the first certified ARM mbed IOT platforms
Q3: Public release of mobile app supporting sensory input from mobile phones
Q4: Public alpha release of Sparkster decentralised cloud
Q4: Public release of full scale support to build AI powered apps

2019
Integration of NEO, Cardano, Stellar etc. to facilitate payment transactions
Launch of coddles data warehousing and analytics platform for enterprise

Product Stage
Launched Sparkster Marketplace and filed patent application.
Token usage
Spark tokens can be used to pay transactions is Sparkster Decentralized Cloud

Team
The team has experience with companies & organizations such as Cisco, WiPro, HSBC and IBM. Moreover, it consists of 17 software engineers which shows great expertise on product/software development.

Members of advisory board is only consists of two persons. A senior Vice President of SAP and a chair of computer science department in UCF. Some of the partnerships on their line up are; Arm and Libelium
Opportunities
Started their private sale and they are already oversubscribed
Ranked first on Ian Balina’s hall of fame
Won Amsterdam Crypto World Tour ICO Pitch

Concerns
No Github available
Website is not straightforward however whitepaper is good and easy to understand

Conclusion
The idea has a very huge potential and has an existing MVP. It’s already oversubscribed and hyped by winning in Ian Balina’s Crypto World Tour. This project could challenge big businesses like Google, Microsoft etc once it develops and executes its plans effectively for the upcoming months.