• Sparklo (SPRK) is a project that will provide fractionalized investments in precious metals.
• Polygon (MATIC) and Solana (SOL) are two competing projects with decreasing value.
• Helium Network has migrated to the Solana blockchain and Sparklo will offer NFTs representing gold, silver, and platinum.
Introduction
The blockchain space is ever-evolving, providing solutions to traditional investment spaces. One such project is Sparklo (SPRK), which enables investors to make investments in fractionalized non-fungible tokens (NFTs) for gold, silver, and platinum. Meanwhile, Polygon (MATIC) and Solana (SOL) are two competing projects showing decreasing value recently. Lastly, the Helium Network has completed its migration from Ethereum to the Solana blockchain.
Decreasing Value of Competing Projects
Polygon’s official Twitter page announced on April 21st that Jordi Baylina and Bobbin Threadbare would participate in Starkware’s L2 Peace event as well as hold an AMA about their zkEVM Mainnet Beta roadmap updates on security and performance metrics. However, by April 20th Polygon (MATIC) had decreased by 1.3% over 24 hours bringing its overall decrease over two weeks to 4.3%. Similarly, on April 19th Solana made an announcement noting that Helium Network had completed its migration yet by April 20th it had decreased by 1.6% over 24 hours resulting in a 4.7% loss over seven days.
Fractional Ownership of NFTs for Precious Metals
Sparklo provides investors with the opportunity of fractional ownership of non-fungible tokens representing gold, silver, or platinum when they invest through the platform so that they can have physical delivery of their assets at a location of their choosing upon gaining full ownership of their NFTs . On Level One presale day one the price was set at $0.10 per token but quickly increased to $0.15 per token within minutes due to high demand for the presale tokens .
Benefits Of Fractional Ownership
By utilizing fractional ownership through Sparklo investors not only gain accesses to more liquidity but also benefit from greater freedom when it comes to investing since they can now purchase any percentage they want up to full ownership without having to buy complete units or fractions that don’t quite fit into their budget . Additionally , investors also benefit from lower transaction fees since there is no need for them to move large amounts out all at once or convert larger sums into smaller units which would cost more due to fees associated with conversion transactions .
