SPARQ

SparqNet price 
SPARQ

Add to watchlist
This is a preview page.
For more details on listing tiers, refer to Listings Review Criteria Section B - (3).
Do you own this project? Update Token Info
Self-reported circulating supply
 
0 SPARQ
0.00%
Total supply
 
0 SPARQ
Max. supply
 
1,000,000,000 SPARQ


SparqNet community

 
 
 
 
 
 
 
 
 
 
skeleton-white

SparqNet news

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

About SparqNet

What Is Sparq.Network (SPARQ)?

Sparq is a meta-network that provides tools and services for a network of deployable blockchains capable of up to 400k TPS each, programmable in any language with infrastructure enabled by Avalanche, and open to any protocol through the on-chain trustless and distributed bridge.

Sparq is born of the inherent need for scalable blockchain infrastructure to enable what currently exists in web2 to be built in web3. The network or meta-network is a non-EVM blockchain capable of deploying custom blockchains with throughputs of up to 400k TPS, programmable in any language (Starting with C++), that also serves as a bridge between blockchains in and outside of the network through a mix of Lock & Release and Mint & Burn mechanisms running natively and validated on-chain.

Sparq provides the tools to unlock the potential of next-generation dApps such as the GameFi space in which Sparq is capable of hosting 100% of the server-side on-chain versus solutions currently dominated by major cloud vendors such as AWS, Azure, and GCloud.

For existing solutions this enables the progressive decentralization of dApps and competing edge against existing projects as tools are released for specific verticals. GameFi is the first vertical focus in the Web3 space to provide services and tools and replace many of the centralized aspects of web3 game development.

In the DeFi space, Sparq has built a DEX demo based off Uniswap V2 capable of 2M swaps per second based on the earliest versions of the Sparq Core infrastructure in C++ and cross-chain capability. If the benchmark implemented were run today it would be capable of much more from the multiple optimizations that have been since.

Sparq is the native utility token that is used for:

  • Compensating the validator network for services such as bridging between blockchains or subnets, facilitating transactions, and functions useful for the blockchains in the network.
  • Validator operators must delegate and lock 10,000 SPARQ tokens.
  • Deploying a blockchain or leverage services from the Sparq Network
  • Paying transaction costs.

What problems or pain points does SPARQ solve?

Who Are the Founders of Sparq.Network?