Making Investments In precious metal streamlined with Sparklo (SPRK)’s approach to fractionalized NFTs
Across the broader cryptocurrency industry, there is a consistent stream of new projects that aim to grab the appeal and the overall attention of investors and traders on a global scale.
Not every single project makes the cut, but those that do, have historically provided a lot of returns for investors.
Specifically, whenever investors and traders get into the early stages of a project that explodes in popularity, they can get the most out of it. Analysts predict that this project will be Sparklo and that it can increase by 40x in value in the upcoming months. Today, we will go over the project to see why this might be the case.
The Goal Behind Sparklo (SPRK)
Sparklo will be the first blockchain-based investment and trading platform that purposely specializes in offering an opportunity through which investors and traders on a global scale can access silver, gold, and even platinum.
The Sparklo platform will bring the ability for them to make these investments through the usage 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 richest investors out there, and the everyday person has to go through a lot of hoops to gain access to them. All of this will change with Sparklo.
Sparklo (SPRK) and Its Functionality
Sparklo, as a platform, will be built with non-fungible token (NFT) functionality. This means that anyone will be able to buy an asset in the form of a gold bar, silver bar, or platinum bar, for example, which is minted as an NFT on top of the platform.
This NFT would then get fractionalized, which means that it will get split among smaller pieces. Investors and traders will then be able to buy either an individual part of the NFT or buy the full NFT. For those who indeed 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
Throughout its presale stage, the SPRK token is offered at a value of $0.015. This means that it has an extremely affordable price point and can provide a solid point of entry for new investors and traders.
The platform has also been audited by the InterFi network, and the liquidity will also be locked for a total of 100 years.
What this means is that the platform is already well-established and will just keep getting better over time. With the overall increased demand for precious metals as an asset class, and the momentum of the presale, analysts predict that its value can rise by 40x in the near future.