The growing global demand for cryptocurrencies has been met by an increase in the number of projects launched every month. The sheer number of new projects has made finding the right cryptocurrency to invest in a difficult task.
Sorting through the hype and chaff in the crypto market, we have a promising project, Sparklo which solves real-world problems. In this article, we will explain all about Sparklo and why it has the potential to become a top 100 crypto ranked by market cap within the next year.
What is Sparklo? And What Problems Does it Solve?
Sparklo is the world’s first silver, gold, and platinum blockchain investment platform to allow people fractionally invest in these precious metals.
Sparklo will combine the benefits of investing in these traditional assets with those of utilizing a blockchain, all the while solving the problem of lack of accessibility to investing in precious metals like silver, gold, and platinum.
Investors who buy precious metals on the platform will receive a minted fractionalized NFT, backed by an equivalent value of the physical asset. If a user purchases the entire NFT, they can have the real-world asset (silver, gold, or platinum) delivered to a location of their choice.
Sparklo has also been audited by the InterFi Network, further raising trust in the project. The Sparklo team is also processing a KYC application and the results will be posted this month.
Why Sparklo is Likely to Become a Top 100 Crypto
By leveraging blockchain technology, Sparklo will not only allow everybody to invest in precious metals but the platform will also connect buyers and sellers from all over the world.
The World Bank has warned that the global economic market is on the verge of a major recession, and precious metals and cryptocurrencies are billed to thrive during this period. This means that Sparklo is perfectly positioned for a market rally.
As investors turn to precious metals as a hedge against the global economic market, the use of Sparklo could skyrocket, especially as it allows everybody to invest. In addition, it is a cryptocurrency and is bound to enjoy positive sentiment as the asset class finds mainstream adoption.
The potential use cases of the platform have made some market analysts predict that Sparklo could gain more than 5,000x in the first year of its listing.
Sparklo is currently in presale and is valued at $0.015, but the potential of the project especially as the global market nears a recession makes it worthy of a spot in the top 100 cryptocurrencies ranked by market cap.
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance
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