The advent of Blockchain technology came with a lot of advantages for businesses. However, companies that want to adopt Artificial Intelligence, Internet of Things and Smart Contract into their enterprise face a lot problem.
One of these is the compatibility issue of the existing technologies with these future ones. This is usually due to the slow development of the IT department of most enterprises. Also, experts at AI, IOT and Smart Contract technologies are in short supply. This makes it necessary to develop Sparkster.
Here is the first question to ask;
What is Sparkster?
Sparkster is a platform that’s all about empowerment. The developers want to make it possible for users to make their ideas a reality on their by building software. Here is the catch, they don’t have to know how to code.
Using plain English, and drag and drop interface, users will be able to focus on what they intend to create and allow the platform to transform the idea into a working software within a couple of seconds. Interesting, isn’t it?
Think of the Sparkster platform as the Uber company of the software industry. It’s expected to offer the fastest, cheapest, easiest and most personalized way to build software.
Furthermore, the developers are including a decentralized cloud where individuals can execute software across a network of cellphones in the community. This high-performance cloud is expected to be the fastest the world has ever seen.
How Sparkster Works
The primary aim of the team behind this platform is to contribute to a future where everyone can attain financial freedom by bringing their ideas to reality and exchanging it for cash. As such, the platform is all about selling ideas, not effort. And here is how it’s expected to work.
Build a Software
Gone are the days when you need a coding knowledge to build a software. With Sparkster, anyone can build a software. You’ll be able to use plain English to take advantage of innovative technologies such as AI, IoT, and Smart Contracts in creating new software.
All you have to do is, drag and drop blocks to turn your idea into a reality. But what happens after developing an innovative software? Sell it.
The Peer-to-Peer Market Place
Sparkster offers a peer-to-peer marketplace where users can make some money from their software by providing services (such as calculating sales tax with a software), or simply selling the software altogether.
Aside from increasing the user engagement on the platform, Sparkster provides a model where the valued enjoyed by users increases exponentially with time. It all depends on how innovative the software is and what problem it solves.
Partnerships
Sparkster intends to reach a community of existing users through strategic partnerships. The goal is simple, to deliver meaningful value to a large number of people and grow the platform’s user base. As such, two of their strategic partners include;
• ARM; one of the largest chip designers in the world
• Libelium; a distributor of industrial sensor and gateway
Products Offered by Sparkster
Outlined below are the products offered by Sparkster;
Sparkster Platform
As said earlier, this platform allows you to create software through plain English, and drag & drop features. There is no coding involved. The software generated on the platform is compatible with the architecture of the decentralized cloud offered by Sparkster. What does this mean, you ask?
It means that users can choose where they intend to execute their software. However, most users will opt for the Sparkster decentralized cloud because it’s cheaper.
Sparkster Decentralized Cloud
The cloud is expected to facilitate the execution of software developed using the no code platform. There is a Sparkster mining app that can be installed on a smartphone by the miner. The purpose is to provide user-generated smart software with a local Sparkster Runtime Environment (SRE).
Sparkster Tokens
Considering the fact that the platform is a global marketplace of authors, innovators and makers, it becomes necessary to have a micropayment method, don’t you think? That’s exactly what the SPARK token provides.
It’s the only currency that will be accepted on the platform as compensation for published components and software. Also, miners who make their smartphone available as a decentralized computing environment for the software will receive SPARK token rewards too.
Basically, the purpose of the token is to facilitate trade between members of the community and serve as an incentive for innovators and authors to contribute to the marketplace.
The token is expected to be issued using standard ERC-20 tokens. It will be conducted on the Ethereum Network
Token Distribution Strategy
67 percent of the total token supply will be sold to token holders, while 20 percent will be reserved for the Sparkster shareholders to compensate them investing in the Sparkster platform.
Ten percent of the total token supply will be allocated to the team behind the platform and another 2 percent will be retained to enable liquidity for an exchange listing. The remaining 1 percent will be distributed to Sparkster’s charitable organization.
Token Sale Structure
250 million Tokens are expected to be sold during the presale, while the remaining 38 million Tokens should be sold during the Crowdsales. Please note that users will be expected to exchange Ethereum for SPARK tokens.
Distribution of Funds
A quarter of the fund generated from the token sale will be used for marketing, while another 25 percent will be reserved for the Corporate and Large Account sales team. Twenty percent of the proceeds will be used for research and development.
Twenty percent of the funds will be used for expanding infrastructure and developing a global customer success team. Five percent will be reserved to handle unforeseen circumstances, 3 percent goes to accounting and legal team, for the public launch. The remaining 2 percent will be used as a general administrative expense.
On A Final Note
Sparkster is a platform that allows individuals that have no knowledge of coding develop, and sell their software. It does this through plain English and drags and drop development process. And by also providing a marketplace to exchange the software for SPARK Tokens.
At the end of it all, you’ll be getting paid for your sparkling ideas.
official website: Sparkster
official twitter @Sparkster_Me
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