How to Buy SparkPoint Crypto (SRK)

How to buy SparkPoint Crypto

What is SparkPoint SRK?

According to Coingecko, SparkPoint is : What Is SparkPoint (SRK)? SparkPoint or officially, SparkPoint Technologies Inc., is a duly registered corporation in the Philippines under the SEC. The project was launched on October 5, 2018 and is one of the pioneer cryptocurrency startups in the Philippines. The project aims to fast track mainstream adoption of blockchain and cryptocurrency through an ecosystem of practical products and services. SparkPoint started with an initial funding of $50,000. With only this minimal capital combined with discipline, determination, and hard work, the team was able to launch various blockchain-based products and services including SparkPoint Wallet, SparkLearn, SparkPlay, SparkEarn, and SparkDeFi. These products and services have collectively reached hundreds of thousands of users and are steadily growing. The SparkPoint Ecosystem is composed of: SparkPoint Wallet Non-custodial mobile cryptocurrency wallet that natively supports various cryptocurrencies including SparkPoint (SRK), Bitcoin (BTC), Ethereum (ETH), Binance Coin (BNB), and other ERC-20 tokens. It also offers built-in Decentralized Exchanges including Uniswap, ChangeNOW, and Changelly. A virtual currency exchange (VCE) license application is ongoing to legally enable fiat integration in the SparkPoint Wallet. SparkLearn E-learning platform focused on educational content about blockchain technology, cryptocurrency, and financial literacy. The platform currently offers free courses for these topics and is continuously being improved through UI/UX enhancements, onboarding of new mentors, and integrating a Learn-to-Earn model. Education is at the heart of SparkPoint. SparkPlay Collection of mobile casual games with cryptocurrency as central theme. Currently available games include Crypto Slicer, Crypto Burst, and Crypto Shooter. Tournaments and achievement bounties are being conducted regularly as part of SparkPlay’s Play-to-Earn (P2E) gaming model. P2E is an emerging paradigm in gaming where a significant chunk of value goes to players. Using blockchain technology, players are empowered to truly own game items and earn cryptocurrency rewards. SparkEarn SparkPoint referral and rewards program where users can earn SRK and other tokens from sponsors by performing simple bounties. SparkEarn accounts are also currently being used as a single sign-on (SSO) account for SparkLearn and future SparkPoint services including SparkPlay and SparkDeFi. SparkDeFi A governance token-based platform that empowers individuals to unlock the true value of their cryptocurrency assets. SparkDeFi offers an AMM Decentralized Exchange, Liquidity and Pool-Based Staking, P2P Lending and Borrowing, and DeFi Assets Protocols Management in a seamless, transparent, secure, inclusive, and interoperable approach. Features of SparkDeFi that are already available include: - Liquidity Staking - Pool-Based Staking - SparkBridge for bridging ERC-20 SRK (Ethereum) to Binance Smart Chain as BEP-20 SRKb token - SparkSwap AMM Exchange. An early preview of our automated market maker decentralized exchange. SRK is the native utility token that is used for: - Payment for SparkLearn courses - Prizes in SparkPlay tournaments and achievements - Payment for SparkPlay game NFTs - Rewards for completing bounties in SparkEarn - Rewards for Liquidity Providers and Stakers - Payment for SparkPoint IT-BPO services How Many SRK Tokens Are There in Circulation? The SRK token was launched on the Ethereum mainnet on March 14, 2019 with an initial total supply of 20 billion SRK tokens. A series of token burns have reduced the total supply down to 14,368,540,937 SRK tokens. Quarterly token burns are scheduled in the future to reduce the total supply to its final fixed maximum value of 10 billion SRK tokens. There are currently 6,486,932,911 SRK tokens in circulation. Of the initial total supply, 20% of the tokens were distributed to private sale participants. A minimal amount was allocated for sale to avoid any sudden fall in the price of SRK in the market. 7% of the tokens were allocated for marketing and airdrops, and 10% for community development programs. Majority of the tokens were allocated for SparkPoint Ecosystem Development at 38%. Most of the tokens that were burned were also part of this allocation. As for the rest of the tokens, 10% were allocated for the Founders, 5% for the current team, another 5% for future team members, and the remaining 5% for advisors. Who Are the Founders of SparkPoint? SparkPoint is the brainchild of Andrino Agnas, a CPA and cryptocurrency investor based in the Philippines. Andy currently serves as the Chief Executive Officer of SparkPoint. Rico Zuñiga, a serial tech entrepreneur and early advisor of SparkPoint, currently serves as its Chief Technology Officer. Rico has been in the tech industry for more than 16 years and is one of the pioneers in the Philippine tech startup industry. SparkPoint started with a staff of 2 in 2018 and was able to grow to 17 full-time and 5 part-time employees in Q1 2021. The company continues to rapidly expand and grow to ensure the delivery of its roadmap. Where Can You Buy SparkPoint (SRK)? SRK is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available. BitMart currently offers the best liquidity for SRK with support for both SRK/BTC and SRK/ETH pairs. Uniswap offers a decentralized option for trading SRK with Ethereum (ETH) and other ERC-20 tokens. P2PB2B offers a Tether (USDT) option.

Where can I buy SRK Crypto?

You can buy SparkPoint on Uniswap.

Why should you buy SparkPoint?

SparkPoint is really one of a kind project. The roadmap is incredibly promising and if the dev team can keep up with the with it, it's only a matter of time for the market to catch up. It's a very risky play but one that can yield amazing profits. Do you own diligence and research the project further so you can make your own decision.

How to Buy SparkPoint Crypto?

Step 1 - Setting up a Metamask Wallet

How to setup a metamask wallet

Metamask is by far the most used walled in the world of Ethereum. Whenever you want to buy and sell cryptocurrencies or even use blockchain apps that run on the Ethereum Network, Metamask will be your best friend. Setting up the wallet is also very simple and easy.

Head over to metamask.io and click Download. You'll need to use Google Chrome, Brave Browser, Firefox, or Microsoft Edge for this to work. So make sure you are using one of these four browsers. Now at the end of the page, click on the browser you're using and install the extension.

You are now the Welcome Page of Metamask. Click on 'Get Started.' Now click on 'Create a Wallet.' Choose a strong password for your Metamask wallet and continue.

Very Important Part! Keeping your backup phrase safe is the difference between having millions in your account or be that guy on the landfill looking for his old hard drive.

Click on reveal your backup phrase and write every word down on paper. Make sure you don't save your backup phrase on anything digital. This is for your security. After you wrote down your backup phrase, you'll be asked to confirm it. Click on every word in the correct order, and you should be done.

Step 2 - Buy Ethereum on Simpleswap

Buy Ethereum on Simpleswap

Simpleswap is the easiest way to buy crypto today. Free from registrations, KYC and third-party custody. With Simpleswap we can buy ETH and receive it directly on our on-chain Metamask wallet, skipping most of the steps we'd have to take through a traditional exchange.

Click here to access Simpleswap

Just click the Buy/Sell Crypto tab, insert the USD amount you want to trade for ETH, and click "Exchange", just like this:

Buy Ethereum on Simpleswap

Now all you have to do is click the Metamask fox logo to directly copy and paste your Metamask Ethereum address. It should add it automatically.

Buy Ethereum on Simpleswap

You can now choose between Google Pay or card to complete the payment:

Buy Ethereum on Simpleswap

Once you complete the payment, all you gotta do is wait a few minutes for the payment confirmation, and for the on-chain transaction to complete. Once all that is completed you should see your updated balance in Metamask.

Step 3 - Buy SparkPoint on Uniswap with ETH

Buy SRK on Uniswap with ETH

Uniswap is currently the number one Decentralized Exchanged in the world, and it's simply the best place to buy cryptocurrencies that aren't available on sites like Coinbase or Binance.

Before we head over to Uniswap, we need to prepare your Metamask Wallet to receive SparkPoint. Open Metamask, scroll all the way down, and click here:

Add SRK token to Metamask

Select Custom Token and paste this token contract address there:

0x0488401c3f535193fa8df029d9ffe615a06e74e6

The rest should autofill, and you need to click next and then add tokens. Your account is now ready to receive SparkPoint (SRK).

You can check the price and confirm the correct token address of SparkPoint on Coingecko.

Let's buy some SparkPoint!

Go to Uniswap. On the upper right corner, click on Connect Wallet and select Metamask. A confirmation popup should open on Metamask (click on the "little fox logo" if you don't see it). Now you need to accept, connect, and your wallet should be connected to Uniswap.

Select a token and paste the Token contract address: 0x0488401c3f535193fa8df029d9ffe615a06e74e6

Click Import and accept the terms.

Now you have to select the amount of ETH you want to trade for SRK. After you confirm it, another popup will appear from the Metamask extension and you should approve the transaction.

Wait a few minutes, and your SRK should appear on your Metamask Wallet.

Congratulations! You are now a proud Investor of SparkPoint!

In case your transactions keep on failing, adjust your slippage tolerance. To do that, click on Uniswap's gear icon, and put 5% here:

Adjust slippage on uniswap

Step 4 - Store SparkPoint on Ledger

Check out our guide on how you can store SparkPoint on Ledger's Hardware Wallet

Check out SparkPoint links:

Please make sure you read our Disclaimer. We are not financial advisors.

logo

© Copyright 2024 | The Crypto Gem | All Rights Reserved |