SparkPoint Network Node Key Sale Whitepaper

Published in

theEcosystem

4 min readJun 11, 2024

As the SparkPoint Network gears up for mainnet launch, we are excited to introduce the Node Key Sale, a pivotal step towards fostering a decentralized ecosystem powered by community-driven participation. In this whitepaper, we outline the key details of the Node Key Sale, its significance within the SparkPoint Network, and the benefits it offers to participants.

The Node Key Sale is an opportunity for individuals to acquire Node Keys, granting them the privilege to operate nodes within the network. Owning a Node Key grants you not only the ability to participate in securing the network but also unlocks a range of valuable benefits within the SparkPoint ecosystem. These nodes play a crucial role in maintaining network integrity, facilitating transactions, and supporting the overall decentralization of the SparkPoint ecosystem.

Competitive Pricing Structure

We have carefully structured the Node Key pricing tiers to ensure accessibility while incentivizing early participation and commitment to the network. The pricing tiers are as follows:

               ╔════════════╦════════════════╦══════════════╗
               ║ Tier       ║ Available Qty  ║ Price (Eth)  ║
               ╠════════════╬════════════════╬══════════════╣
               ║ Tier 1     ║ 3,000          ║ 0.03         ║
               ║ Tier 2     ║ 2,850          ║ 0.040383     ║
               ║ Tier 3     ║ 2,710          ║ 0.0458853    ║
               ║ Tier 4     ║ 2,575          ║ 0.0521116    ║
               ║ Tier 5     ║ 2,446          ║ 0.0588971    ║
               ║ Tier 6     ║ 2,323          ║ 0.0663089    ║
               ║ Tier 7     ║ 2,206          ║ 0.0744136    ║
               ║ Tier 8     ║ 2,096          ║ 0.0832841    ║
               ║ Tier 9     ║ 1,991          ║ 0.0930463    ║
               ║ Tier 10    ║ 1,892          ║ 0.1037768    ║
               ║ Tier 11    ║ 1,797          ║ 0.1153671    ║
               ║ Tier 12    ║ 1,707          ║ 0.1278596    ║
               ║ Tier 13    ║ 1,621          ║ 0.141305     ║
               ║ Tier 14    ║ 1,540          ║ 0.1557133    ║
               ║ Tier 15    ║ 1,463          ║ 0.1713002    ║
               ║ Tier 16    ║ 1,390          ║ 0.1880312    ║
               ║ Tier 17    ║ 1,321          ║ 0.2059211    ║
               ║ Tier 18    ║ 1,255          ║ 0.2249911    ║
               ║ Tier 19    ║ 1,192          ║ 0.2453716    ║
               ║ Tier 20    ║ 1,132          ║ 0.2670011    ║
               ║ Tier 21    ║ 1,075          ║ 0.2900268    ║
               ║ Tier 22    ║ 1,021          ║ 0.3144187    ║
               ║ Tier 23    ║ 970            ║ 0.3402211    ║
               ║ Tier 24    ║ 921            ║ 0.3674004    ║
               ║ Tier 25    ║ 875            ║ 0.3959685    ║
               ║ Tier 26    ║ 831            ║ 0.4259842    ║
               ║ Tier 27    ║ 790            ║ 0.4574211    ║
               ║ Tier 28    ║ 750            ║ 0.4902211    ║
               ║ Tier 29    ║ 713            ║ 0.5244621    ║
               ║ Tier 30    ║ 677            ║ 0.5601446    ║  
               ╚════════════╩════════════════╩══════════════╝

Rewards: A Win-Win Proposition

As a Node Key holder, you’ll be a pivotal player within the SparkPoint Network ecosystem, and your contributions will be handsomely rewarded with $SRK tokens. These rewards are distributed as part of the dedicated Node Key Operators allocation, ensuring active participation in network operations and maintenance is incentivized.

Participating as a Node Key Operator: A World of Benefits

Network Governance: Node key holders have a say in the network’s governance, wielding the power to vote on proposals and shape the future trajectory of the SparkPoint ecosystem.
Rewards: Operate a node and be eligible to receive rewards in the form of $SRK tokens. This translates to a passive income stream while contributing to network security.
Early Adopter Advantage: Be among the first participants in the Node Key Sale and secure Node Keys at the most attractive prices, maximizing your potential returns as the network flourishes.
Community Engagement: The Node Key Sale fosters a spirit of community involvement and decentralization by empowering individuals to become active participants within the SparkPoint ecosystem as it grows!

Node Key Sale Platform:

The Node Key Sale will be conducted through a secure web app platform designed to facilitate a smooth and efficient experience: Node Key Sale Platform.

Please note: The platform is currently under development and will be fully operational closer to the sale launch date.

What to expect on Launch Day:

Seamless Payment via ETH
Real-Time Updates: The platform will display real-time information on available node keys per tier, ensuring transparency throughout the sale.

Testnet Participation

SparkPoint also offers a vibrant testnet environment for those interested in getting hands-on experience with Node Key operation. Here’s a quick overview of the requirements for participating in the testnet:

Hardware: We’ve designed the network to be accessible and doesn’t require high-end hardware. A system with a 4-core CPU, 4GB RAM, and 20GB of storage is sufficient.
Software:
For physical servers (Windows, macOS, Linux): Docker Desktop.
For VPS (Virtual Private Server): Docker Engine.
* For a comprehensive guide on running a node on testnet refer to our guide here: Become a Node Validator (Guide).

Roadmap

May — June 2024:

Whitepaper Launch
Core Node Sale Platform Development
Security Audits
Marketing and PR Campaign

July 2024:

Finalize Platform and Integration
Community Building

August 2024:

Public Node Sale Launch
Ongoing Support & Development

Conclusion

The SparkPoint Network Node Key Sale represents a monumental milestone in our journey towards building a robust and decentralized blockchain network. By offering Node Keys through a transparent and inclusive sale process, we aim to democratize network participation and propel widespread adoption of the SparkPoint ecosystem.

We invite those who share our vision of a decentralized future to join us in this endeavor and become instrumental contributors to the success of the SparkPoint Network.

Stay tuned for further updates on the Node Key Sale, including detailed instructions on how to participate and how to maximize your impact within the SparkPoint ecosystem.

Learn more about SparkPoint from the following links:

SparkPoint Network Website: https://sparkpoint.network

Trade SRK: https://srk.sh/trade

SRK-ETH on Uniswap: https://srk.sh/uniswap

Our Official Channels:

Developers Community on Discord: https://srk.sh/discord

Telegram Announcements (SparkPoint): https://t.me/sparkpoint

SparkPoint Community on Telegram: https://t.me/SparkPointOfficial

SparkPoint Twitter: https://twitter.com/sparkpointio

SparkPoint Facebook: https://facebook.com/sparkpointio

SparkPoint Instagram: https://instagram.com/sparkpointio

LinkedIn: https://www.linkedin.com/company/sparkpointio