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 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 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 13,838,891,241 SRK tokens. Regular token burns are scheduled every quarter to reduce the total supply to its final fixed maximum value of 10 billion SRK tokens.

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.

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.

SRK is available for trading on a growing number of exchanges, with cryptocurrency and stablecoin pairs currently available.

KuCoin, Bilaxy, and BitMart currently offers the best liquidity for SRK with support for SRK/BTC, SRK/ETH, and SRK/USDT pairs. Uniswap offers a decentralized option for trading SRK with Ethereum (ETH) and other ERC-20 tokens. HotBit also offers a SRK/Tether (USDT) pair.

New to cryptocurrency? Read CoinMarketCap’s easy guide to buying Bitcoin or any other token.

The all-time high of SRK was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of SparkPoint (SRK) is 0. The current price of SRK is down 0% from its all-time high.

As of , there is currently 13.01Bn SRK in circulation. SRK has a maximum supply of 20.00Bn.

The current market cap of SRK is 265,729.74. It is calculated by multiplying the current supply of SRK by its real-time market price of 0.00002042881.

The all-time low of SRK was 0 , from which the coin is now up 0%. The all-time low price of SparkPoint (SRK) is 0. The current price of SRK is up 0% from its all-time low.

SparkPoint (SRK) has a market capitalization of $265,729.74 and is ranked #2812 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze SparkPoint (SRK) price trends and patterns to find the best time to purchase SRK.