SPARKSTER

This is a decentralized platform that enables the execution of decentralized smart software by miners without any prior knowledge hence bringing their ideas into reality

PROS:

1. Privacy:  All the data stored  and accessed in the Sparkster decentralized cloud are deconstructed into fragments,encrypted  and disseminated across the network  of nodes and the miners can get a meaningful value of the data
2. Security: All the devices operating on the network  and interacting  with the client data are hardened  to prevent any unnecessary access that can tamper with the user data hence ensuring that they are securely stored
3. Faster transactions: The platform enables the users to perform faster and secure transactions of up to ten million transactions per second
4. Usability: The platform enables the users to design software easily and operate in a decentralized environment without requiring any knowledge or architectural considerations
5. Team: The platform team involved have the necessary skills and experience in computer  and software development which is relevant to the project development under the leadership of the CEO Sajjad Daya who has a diverse hands on experience building  the project
6. Whitepaper: The platform whitepaper is detailed giving the users adequate information on the importance of sparkster decentralized cloud in enabling easy software development through their different devices

CONS:

1. The platform token doesn’t give the holder voting rights  and access to more incentives in the platform
2. The platform amount raised by the tokens during the pre-sale stage are not insured  and are susceptible to losses
3. The platform mobile application to be used to enable easy software development in the user’s desktops and tablets is not yet developed

SUGGESTIONS:

1. The platform technical team should develop a mobile application supported by Android and IOS to promote easy software development through smartphone and tablets
2. The platform should set up a private insurance  company to help in securing the amount raised by the platform tokens during the pre-sale
3. The platform token use should guarantee the holders more incentive and a share of the profits developed

NOTE:

The platform in conjunction with the use of blockchain technology enables the users to easily develop software without coding and requirement of prior knowledge. I would therefore invest in this project as it is highly viable

14-May. Ivan: I have seen their pitch at Ian Balina meet up in Amsterdam. Their CEO claimed that he has spent his own 8M USD on the project and has been working on the project for few years. We have a product but why not to raise 10M - that what he said.
The project is doing some weird stuff.
Key: I was shocked, I have feeling that I`ve read a fairy tale, 10 M TPS, and code written in English.
23-May. Bruce: Ian Balina started promoting them.
Sergey: He has experience of promoting Indian projects.
Ivan: He has bet on Zebi and it appeared to be good.
Bruce: Pre-sale is oversubscribed. I believe that this project has big potential. Link
30-May. Sergey: I participated in pre-sale.
16-July. Aleksey: It reached the hardcap in 2nd round. They have partnership with Credits. In general, I personally talked with the team, and I like how they work.

22-May. After Sparkster won my Amsterdam Crypto World Tour ICO Pitch event, word is getting out that attending my Crypto World Tour was more fruitful than attending Consensus 2018.  I respect their hustle to fly all the way from London to pitch. The crowd voted and I agree. Sparkster takes the number one spot. The Sparkster team showed my team two demos of their product, and we think it's the real deal.

25-May. I had originally invested 15 Eth into Sparkster. And I had told people that the reason why I invested wasn't that I thought the project was good, and it wasn't because you know I was excited for what they were doing or anything related to that. It was purely the fact that the market is really high right now for TPS projects and a lot of them are promising very lofty goals. If you're just looking at what's popular right now I think it's certain exchanges obviously and blockchain infrastructure projects. For full transparency, I did find someone to take my allocation at 15 Ethereum so I no longer being allocated on Sparkster.
I think, for Sparkster, you know, Ian's channel was obviously potentially one of the biggest moments of their life.
25-May. I had originally invested 15 Eth into Sparkster. And I had told people that the reason why I invested wasn't that I thought the project was good, and it wasn't because you know I was excited for what they were doing or anything related to that. It was purely the fact that the market is really high right now for TPS projects and a lot of them are promising very lofty goals. If you're just looking at what's popular right now I think it's certain exchanges obviously and blockchain infrastructure projects. For full transparency, I did find someone to take my allocation at 15 Ethereum so I no longer being allocated on Sparkster.
I think, for Sparkster, you know, Ian's channel was obviously potentially one of the biggest moments of their life. Link
30-May. Hey everyone by now you may have read that Sparkster has pulled out of the AMA with Andre and I. I was waiting on their team member to get back to me regarding posting an approriate message that would not paint the team in a negative light and still maintaining the integraty of the OhHeyMatty channel. Unfortuantly they never got back to me this morning regarding that and have put out a public announcement. I haven't even had the chance to inform Andre either which i am doing now.
This afternoon i had a meeting with one of the team members to discuss concerns regarding the AMA process. I don't really want to get pulled down into the decisions that went into Sparkster pulling out of the AMA but that is their choice. It is unfortunate that they don't want to come on an AMA with Andre and I and as i mentioned to them because of our combined credibility and honesty in the space a passing demo and technical Q&A with us would go along way for them.
Due to the public back lash from Ians AMA they wish to hold a more controlled version of the AMA on their own channel and i respect that. So it is with great disapointedment the AMA with Sparkster scheduled for Friday is now cancelled.
The sparkster team is saying they want to demo me their product privately and i will keep people up to date if that happens. Link

All 7 checkmarks filled! Great project! They get an downvote for the Hardcap though.

We have mixed feelings about this project. On one hand, they receive a lot of hype, have good tokenomics, and they have a production-ready product. On the other hand, the whole idea behind the Sparkster is weak. We don't believe in block programming as a way of creating professional and stable software.
So, our “high” rating (7 points) is mostly due to short-term investment prospects.

Use Case: Decentralized Cloud 10M TPS
Remarks: Mainnet Dec 2018

Market:
There are no direct competitors with the “drag&drop” function with minimum requirements to users’ coding knowledge, but there are indirect competitors in decentralized environment – these are high-speed new generation blockchain platforms for developing Dapss:
POA Network (ROI$ - 5,44, capitalization - $81M, in the course of ICO $12,6M was raised).
DAOstack (ROI$ - 0.57, capitalization - $18M, in the course of ICO $30M was raised)
Quarkchain (ICO is running, $16M was raised of $20M)
Squeezer (PreICO is running, $2.4M of $15M was raised)
Hedera Hashgraph (the stage of preparation to ICO, $18M was raised at Pre-sale, hardcap is unknown)
Casper API (the stage of preparation to ICO, $1.0M was raised of $31.8M)

Social activity:
The community’s interest in the project is very high thanks to the project promotion by Ian Balina. In a week 18K followers entered the official chat of the project in Telegram, who actively discuss the project. Sale of account for pre-sale was actively discussed in many forums. Pre-sale was closed in 2,5 days with the amount of $25M out of $30M of hardcap.

Verdict:
A very ambiguous project. The idea of the project is exciting and incredibly difficult in realization. Most probably, the speed $10M TPS won’t be reached in coming 3 years, but there’s high probability that the price of token can demonstrate the fold growth in short-term period (to 3 month) thanks to high hype around the project.