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About SPARKS

SPARKS (SPARK) is a decentralized autonomous organization (DAO) that strives to develop user-centric, self-sovereign identity tools. SPARKS seeks to empower individuals with enhanced control over their digital presence, fostering a more equitable digital landscape where personal data privacy and security are paramount. The SPARKS DAO ecosystem is built around an Identity App and service layer, providing user-centric, un-siloed, fee-less, and encrypted identity functionality. The organization also introduces two main types of services: common good services and revenue-generating services. The former seeks to benefit humanity, promoting social welfare, digital equality, and privacy, while the latter aims to ensure sustainable resourcing for the organization's operations.

SPARKS operates without a central authority or leader, relying instead on a decentralized governance system. The community is supported by the SPARKS Foundation and guided by the SPARKS DAO through proposal resolutions. The organizational structure consists of "Sub-DAOs" or "Guilds," groups of members who come together to work on specific functions, service, or products. Guilds aligned to the purpose may seek support with Foundation grants and are created or dissolved through resolutions, enabling the community to efficiently contribute to operations and development. The SPARKS token is a non-financial token that represents voting rights and decision-making power in the SPARKS DAO community.

SPARKS seeks to develop off ledger but portable tools that facilitate self-sovereign identity management. These tools can be used to create a more equitable digital landscape where personal data privacy and security are paramount. The Identity App and service layer provide user-centric, un-siloed, fee-less, and encrypted identity functionality. This can be used to create both common good services that aim to benefit humanity and promote digital equality, and revenue-generating services that aim to ensure long-term growth, impact, and sustainability.

SPARKS DAO is a community-driven initiative, with contributions from individuals with diverse backgrounds and expertise. The decentralized nature of the organization means that there is no central authority or leader, and instead, the collective wisdom and skills of the community members drive the development and growth of the project. Many contributors are experienced in areas such as programming, design, governance, ethics, community building, and more. Their collective knowledge and passion for privacy and digital sovereignty fuel the ongoing evolution of SPARKS DAO's tools and services.

Market

Singapore Market Stats

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Singapore Market performance

Price change (1h)

+100%

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+100%

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Price change (1m)

+2.2%

Price change (1y)

-97.69%

Singapore News about SPARKS

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Vitalik’s New EIP-7702 Draws Early Support; Could Be Included in Ethereum’s Next Hard Fork Upgrade

Ethereum Improvement Proposal (EIP)-7702 has seen increasing support among developers, builders, and researchers less than a day after Ethereum co-founder Vitalik Buterin and three additional authors proposed it, a potential sign the EIP will be included in the next hard fork upgrade.  EIP-7702 e...

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BeInCrypto • May 08, 24

UK Plans to Regulate Staking and Stablecoins

Economic Secretary Bim Afolami emphasizes the need for immediate legislation on stablecoins and staking in the UK, highlighting the urgency with looming elections.The post UK Plans to Regulate Staking and Stablecoins appeared first on BeInCrypto.

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BeInCrypto • May 08, 24

Bitget Partners with Alchemy Pay for Indian Rupee Crypto Purchases

Alchemy Pay and Bitget partner, enabling users in India to buy cryptocurrencies with Indian Rupees (INR). This integration enhances convenience and expands services in Southeast Asia.The post Bitget Partners with Alchemy Pay for Indian Rupee Crypto Purchases appeared first on BeInCrypto.

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CoinDesk • May 08, 24

Kgothatso Ngako: How I Brought the Machankura Bitcoin App to Africa

Ngako is speaker at this year's Consensus festival, in Austin, Texas, May 29-31.

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Decrypt • May 08, 24

Shark Cat Solana Meme Coin Fight Ends Without Legal Battle

Famed social media cat Nala is now the official face of Solana meme coin Shark Cat, thanks to a licensing deal that avoids a court fight.

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BeInCrypto • May 08, 24

Cardano Foundation Names Giorgio Zinetti CTO to Boost Open Source

Cardano Foundation appoints Giorgio Zinetti as CTO to spearhead growth and innovation in blockchain technology, enhancing open-source applications.The post Cardano Foundation Names Giorgio Zinetti CTO to Boost Open Source appeared first on BeInCrypto.

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SPARKS is on the rise this week.

The price of SPARKS has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. SPARKS’s price has also risen by 100.00% in the past week.

FAQ

What is the current price of SPARKS?

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What other assets are similar to SPARKS?

Assets that have a similar market cap to SPARKS include Ethereum, Tether, BNB, and many others. To see a full list, see our comparable market cap assets.

Can I buy SPARKS on Coinbase?

Yes, SPARKS is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy SPARKS guide.