Given the recent failures of crypto projects and the growing implementation of regulations in the crypto sector, investors have become more wary when evaluating investment opportunities. Currently, investors are actively searching for projects that not only promise significant returns but are also backed by valuable assets like gold. Although famous projects like Solana (SOL) might soar in the future, investors are not taking any chances. They are turning to new projects like Sparklo which offers NFTs backed by precious metals.
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Sparklo (SPRK), your window to invest in gold using crypto
Sparklo is revolutionizing the world of precious metals investment through its innovative Ethereum-based platform. This platform will allow users to enter the precious metals market by acquiring fractional or complete portions represented as unique NFTs. These NFTs are fully backed by physical platinum, gold, or silver bars, ensuring tangible asset support for investors. Notably, Sparklo will go the extra mile by delivering the underlying precious metal to individuals who purchase the entire NFT.
To establish transparency and trust, Sparklo has implemented long-term liquidity measures. The platform’s liquidity will remain locked for 100 years, preventing any sudden sell-offs once the project launches. Additionally, the team’s tokens will be locked for 1000 days. Sparklo has undergone a thorough smart contract audit by the InterFi network and successfully completed the KYC (Know Your Customer) procedure.
By doing so, Sparklo aims to foster confidence among its investors and promote the long-term value of the project. Currently, Sparklo is in the second phase of its token presale, offering the SPRK token at a giveaway price of only $0.026 per token.
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Solana’s (SOL) on-chain activity drops despite increase in new active addresses
Solana (SOL) blockchain has recently experienced a change in its new address growth and on-chain activity. While there has been a notable increase in the number of new addresses joining the network, the on-chain activity for Solana (SOL) has actually declined during May. According to IntoTheBlock, from May 1st till date, Solana witnessed significant growth in its user base, with approximately 5.4 million new addresses being added to the blockchain.
This surge represents the highest number of new addresses added since October 2022, indicating a rising interest in the Solana blockchain among users. Meanwhile, Solana’s (SOL) price started the month at $21.71 but is currently trading at $19.79. In the past week, the token’s price has declined by 5.27%. Furthermore, the trading volume of Solana (SOL) has dropped by 3.70% in the last 24 hours.
Find out about the Sparklo (SPRK) presale using the links below:
Website: https://sparklo.finance
Presale: https://invest.sparklo.finance
Twitter: https://twitter.com/sparklo_finance
Telegram: https://t.me/sparklofinance