Sparkle

Nowadays mobile applications are as popular as never before. A rapid pace of life dictates its rules, which is why many vendors and service providers conduct their business online through the applications. Consumers, in their turn, also benefit from it, since mobile apps save time and always at hand. Sparkle does not stand aside from modern technology. Sparklemobile app seeks to connect its users with a network of local professional automotive detailers that provide high-quality services.

PROS:

• Sparklemobile offers a number of detailing packages and add-ons. Simply select and purchase the package that best suits your needs and a mobile detailer will be dispatched to your location to perform the requested service.
• Track your detail service from initial dispatch through to completion of your requested detail services.
• Rate your experiences with your selected detailing service through the Sparklemobile rating system.
• Accept your SparkleGOLD reward for every automotive detail you purchase through the Sparklemobile application.
• SPARKLE token is a decentralized ethereum-based token. Sparkle’s prime utility connects the dots between non-monetary items (digital currencies) and automotive-related services (physical product). The value of Sparkle lies in the delivery of a service, and its ability to remove market volatility from existing services offered.
• Sparkle KYC verification serves an important role in verifying the authentication of Sparkle customers. SPARKLE token is not the only utility being offered, but the ultimate goal is to provide data security.
• SPARKLE realizes the importance of removing the current volatility faced with Altcoins, allowing the business to receive tokens equivalent to USD based on the services offered. SPARKLE GOLD asset is back by a monitored treasury held with Sparkle financial institution Canada Trust which ensures the exact 1:1 ratio is honored when redeemed for in-app purchases or withdrawals.
• Sparkle Developer Bounty promotes ecosystem growth through its robust offering of SPARKLE token to dedicated developers. It will encourage all proficiencies from experienced blockchain devs to aspiring students to build DApps, extensions, and protocol upgrades that help improve the overall functionality of Sparkle chain.
• The sparkle faucet compiles unique advantages over conventional consensus models. Sparkle’s faucet removes the need for additional computational work like Pos or PoW and instead rewards continuous chain participation on a monthly basis.
• With Sparkle hybrid cloud, the public and private computer environments remain unique but comprise a set of data and permissive applications that are portable between them. By dividing each network within Sparkle ecosystem, it allows Sparkle’s mobile application to process fiat and Sparkle Gold transactions at the speed of visa (24,000 transactions per second), in an environment where merchants and retailers are most familiar.
• A lot of vetted and certified detailers across North America already joining Sparkle’s application. The project team plans to create the same network in the European and Asian regions.

CONS:

• The project whitepaper can be described as underdeveloped: There is no information on possible risks, a roadmap, a market overview. Main ideas are presented in a very general way. The text of the document is available only in English.
• The platform token doesn’t give its owners a right to take part in a decision making process.
• Sparkle project is still under development, so the final product may be different from the ideas described in the whitepaper.

SUGGESTIONS:

• Rewrite the WP to make it more informative and translate it into other languages.
• Motivate SPARKLE token holders by engaging in the decision-making process.
• Develop and improve the Sparkle concept to make the project competitive and viable.

NOTE:

Sparkle’s mobile application gives the ability to impact the automotive industry like never before. Sparkle has created a unique solution for merchants all over the world to accept peer to peer transactions directly from their customers by having a dedicated digital in-app currency. Plus the SPARKLE token is not volatile and shares properties of a stable coin. This makes the project viable and I would invest in it.