The decision to invest in a project or not is always vital for every investor. A person may have all the resources, all the information, all the data about the project but sometimes this may seem overwhelming especially for blockchain projects. So like I always do for every project that I review I will be performing a business analysis of the Sparkster project by comparing the positives and the negatives of this project and then reaching a conclusion.
Analysis
Positives
Ease Of Software Design: The design and development of software and applications is something that has being limited to the software developers with extensive knowledge of coding. That is no longer the case with sparkster. Application development with sparkster has being made so easy that children can design their desired software.
Transaction Speed: The sparkster team has made a bold claim that the decentralized cloud is capable of attaining a speed of 10 million transactions per second and having taken a look at the technology, behind how they hope to achieve this, I believe this speed can even be exceeded as sparkster gains more adoption. That said, there is currently no blockchain platform that can attain this transaction speed which is a big strength as blockchain technology is going mainstream.
Cost Of Cloud Hosting: The traditional cloud services like google, amazon, Microsoft etc, spend a lot of money on cloud hosting from, the security, physical servers, network access, to buildings and many more. Sparkster however with this platform will host applications on a decentralized cloud that costs almost nothing as compared to the normal hosting services.
Acceptance From The Crypto Community: The Sparkster project over the past few weeks like other great projects have gained a lot of recognition and acceptance from the crypto-space, Firstly winning the pitch contest on the crypto world tour of top analyst "Ian Balina" and then him joining the project as an advisor and this was followed by positive reviews from other world class analysts.
Telegram community is one of the highest of any ICO at the moment, with over 60 thousand members and still counting. This kind of acceptance from the crypto community alone has meant success for some projects in the past, while some other good projects lack the community acceptance and has struggled.
Sparkster has both the technology, the end user appeal and the large community to be a success on the blockchain and the crypto universe as a whole.
Negatives
The only weakness I can see with the sparkster platform is in the fact that blockchain has not attained mass adoption and a lot of projects are still subject to different regulations as regards their legality, so considering sparkster platform relies on hosting from individual nodes in form of mobile devices and computers, it may take a while before the sparkster project will get enough adoption to reach its full potential.
After considering several points I believe the positives outweigh the negatives and sparkster is a great platform to invest into.
Official Contacts
Website: http://sparkster.me/
Bitcointalk ANN thread: https://bitcointalk.org/index.php?topic=4350911.0
Telegram: https://t.me/SparksterICO
Whitepaper: http://bit.ly/SparksterWhitepaperV0_4
Facebook: https://www.facebook.com/sparkster.me/
Twitter: https://twitter.com/Sparkster_Me
LinkedIn: https://www.linkedin.com/company/sparkster_me/
Steemit Blog: https://steemit.com/@sparkster
Connect with me on bitcointalk here>>
My Bitcointalk profile: https://bitcointalk.org/index.php?action=profile;u=1556229
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