Sparkpoint profile
Sparkpoint Profile (SRK)
Score: 4.95 | Below Average
Adventurous Nano Cap
Project Safety Score

Sun, Dec 5, 2021 9:46 PM

Score 4.95
Rating Below Average
Market Cap $20026784.387853
24hr Volume $1117335.3299638
Price $0.0024133402788702




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.

Read more in the whitepaper:

Sparkpoint Smart contracts and audits.

Below are the available smart contract addresses and any associated contract audits.

ETH: 0x0488401c3f535193fa8df029d9ffe615a06e74e6

Sparkpoint Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Sparkpoint Safety Report

Sparkpoint has a safety score of 4.95

Sparkpoint is a nano cap token.

Sparkpoint is suited to a adventurous investment style.

Sparkpoint Profile

This profile has enough data to perform a thorough analysis. But any missing data will have a negative impact on the overall rating.

Missing Data:
  • tradingview profile

Sparkpoint Red Flags

There are currently no Sparkpoint red flags.

Sparkpoint Development Score

The Sparkpoint project has 27 active source code repositories.

The most recent commit was Fri, Oct 15, 2021 1:33 PM

  • 56 Watchers
  • 22 Stars
  • 350 Mentionable Users
  • 0 Vulnerabilities
  • No commits in the last 28 days
  • daily repo updates
  • no stars
  • very poor watchers
  • low mentionable users
  • no repo stars

Sparkpoint Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!
The more articles that are available to analyse, the more confident we can be about the score. If there is not a lot of data available on the internet to use, this should be a redflag as it can indicate that no one is posting or writing about this project.

  • A collection of articles to be just about confident of the sentiment
  • The overall sentiment is very positive

Sparkpoint Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Sparkpoint?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Sparkpoint has a strong community, posting and creating lots of content across the internet on social media, forums, blogs and websites.

  • very good reddit articles
  • extremely high hashtag tweets
  • good gitHub account watchers

Sparkpoint Awareness Score

The awareness score indicates how well Sparkpoint is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Sparkpoint is but a good measure of longevity is how well the project is known by the general public.

Overall Sparkpoint this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

  • very poor search result total
  • very poor number of news articles mentioning Sparkpoint
  • no number of headlines about Sparkpoint
  • very poor number of Sparkpoint YouTube videos

Sparkpoint Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

  • Growing project age (released May 14, 2019)

Sparkpoint Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

  • low USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Sparkpoint Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Sparkpoint Exchanges
Sparkpoint Explorers
Member Ratings (SRK)


2 reviews
Ratings and reviews left by our members do not impact the profile score.
Thu, Mar 11, 2021 4:15 AM
Very good project with own their own defi, games, nfts, education, and e-commerce. Admins are active on Telegram. Social Media exposure is high. Developers hit their targets. SparkPoint as a project started without any ICO with only 50k$ from the SRK Team investment without any ICO. Binance Ceo is very closely follows this project. Definitely, not scam.
3 0
Stuart Crichton
Thu, Jan 14, 2021 3:24 AM
Very dissatisfied with the sparkpoint app and customer service is atrocious. AVOID!!
4 16


Profile Status

How complete is this profile:

1 missing data point

This profile is still waiting for the following data points

  • tradingview profile
Member Signals


(2 reviews)
Member Ratings
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Sparkpoint Reddit
Sparkpoint Github
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