Overview:
Sparkster is providing a platform where innovative ideas can become a reality for any one by building software even if the user does not know how to code. This platform is a disruption for the traditional software industry by enabling anyone to access fastest and cheapest decentralized software and allowing any user to build their personalized software. Sparkster is also looking forward for significant cost reduction. Cost will be drastically reduced as the money spent for hiring skilled software developers will be eliminated.
Problem:
The main problem existing in software industry is that if a person has a business idea and wish to build his/her software for implementing the idea, the person needs to contact the IT team. The IT team tries to record what they understood from their client. Most of the time this document does not meet the demand of the customer and requires changes number of times until the demand is met. This takes a long time by IT team to document exactly what the customer wants. Also, if any changes in the software are required to be done in future, incurs a lot of cost.
Start-ups are also not able to perform better due to lack of software developers who are not able to execute their idea or what exactly they want to implement.
Solution:
Sparkster has addressed this problem and has developed a platform where any one can implement their idea or business logic in plain English and develop their own software. The traditional centralized software provider takes a fixed cost for services such as dedicated hardware, networking infrastructure, backup power, support personnel. But the decentralized cloud does not consist of these services which reduces the cost from users end. Instead for paying such services, companies here will pay for the transactions in Spark platform using SPARK tokens and miners can gain SPARK tokens by registering their devices with Sparkster decentralized cloud.
The computing cost is drastically reduced as the computing nodes in this platform are cell phones, tablets, notebooks etc and all the functions will be executed through these nodes. As more and more users engage in this platform the computing cost will be reduced more.
Sparkster Decentralized Cloud:
This decentralized cloud helps to execute the smart platform. The miners can access this platform by downloading the mining app. The Sparkster platform is a free platform where miners can ask for any amount and clients can decide the bidding amount as per their wish. The amount asked, and the bid amount will be then matched, and execution will take place. Miners will get SPARK tokens for registering their devices in the decentralized cloud.
Transaction per second (TPS):
The Sparkster platform has implemented a specialized blockchain technology where the data is split into different cells and these cells do not get information of any other cell. The transaction speed is thus increased whenever the data is sharded. Privacy is provided here as the information of one customer cannot be viewed by any other customer. If any new cell is added in the platform it does not affect any other cell.
Team:
• Sajjad Daya – CEO
He has around 20 years of experience in IT and software. He has also worked in Cisco for two years. He was also the CEO of Printerpix.com which is a USA based firm for years.
• Amit Kumar – VP
He has 20 + years of experience in IT and database management systems. He has very good practical and technical knowledge in Platform-as-a-Service & Software-as-a-Service development model. He also held senior database manager position in Wipro for 4 years.
• Shabeer Kirmani – Technical Evangelist
He has 12 to 13 year of experience in the market. He worked in Accenture for two years as a consultant. He also played various roles in technical, website development, quantitative research fields.
Token Matrix:
Token Symbol – SPARK
Total Token Supply - $435 Million
Token type: ERC20
Soft Cap - $5 Million
Hard Cap - $30 Million
Price Per Token - $0.15
Crowd Sale – June 2018 (Date TBA)
Verdict:
Pros:
• The project consists of around 20 team members who have very good experience in IT and software sector. They all have worked in standard companies such as Cisco, HSBC, Infosys, Capgemini, Snapdeal, Wipro etc.
• They have already released beta version of Sparkster platform. This platform is user friendly and very simple to understand.
• The tutorials section is also provided on the website where anyone can follow that and learn how to use the platform.
• This project also has a very good hype on its Telegram channel where they have around 36000 followers.
Cons:
• It has a low hype in Twitter where it has around 6000 followers. They need to increase the hype of this project on other social media platforms too.
• Although the team members and the advisors have very good experience but none of them have any experience in blockchain technology.
• There are only two advisors for this project. The project should bring in more advisors from blockchain background.
• The aim of this project to achieve 10 million transaction per second has not yet been practically demonstrated.
• The CEO of this company, Sajjad Daya, when went live on Youtube with Ian Balina, lot of errors were spotted when the CEO was giving the demo of the platform. Also, no relevant link was found between this project and blockchain technology.
Website: https://sparkster.me/
Whitepaper: https://drive.google.com/file/d/1_341kbDEDc9PWn4lbsCGpAmcqDqcggUq/view
Telegram: https://t.me/SparksterICO
ETH address: 0x53934d5670E4B7fFf1D0dac0AefE041eb95dDF82