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SparkPoint Updates #20: May 2021

SparkSwap 1.0 is now out, SparkPoint gives back, SRK new listing, new scholars for BDB, and so much more!

May has finally ended, but it ended with lots of bangs! As depicted on May 2021 Targets released a month ago, a blue symbol is slowly rising from the yellow-tinted planet. Metaphorically speaking, it is the SparkDeFi platform emerging from the sea of Binance Smart Chain based-dapps. The SparkDeFi-filled month of May has made everyone busy at SparkPoint, and with that, the team’s fruit of hard work has finally been released to the universe, starting with the official launch of SparkPoint’s DEX, SparkSwap. But the team has not stopped there. SparkPoint has made sure that it has all the fuel needed to make May so spectacular that it blasted off from where it was before.

Sit tight and buckle your seats! We will go on an extraterrestrial trip on 16 spectacular updates for May 2021!

TL:DR

  1. 🚀 SparkSwap 1.0 launched, alongside Analytics and Info Page
  2. 💰 Rewards Program launched, $500,000 worth of SRK and SFUEL rewards allocated for SparkSwap users
  3. 📈 SparkSwap DEX has been listed to CoinMarketCap
  4. 💵 Added $100,000+ liquidity to BNB-BUSD pair, added $200,000+ liquidity to SRKb-SFUEL pair on SparkSwap
  5. 🥩 SRK-ETH Liquidity Staking renewed, now on its 3rd Contract
  6. 🎱 New SRKb and SFUEL pool-based staking launched
  7. 🤝🏼 SparkPoint contributed 747,000 SRK to India’s Crypto Relief Fund
  8. 💱 SRK is now listed at CoinEx Exchange, USD 18,000 worth of SRK has been allocated for trading activities and rewards
  9. 💸 SRK joined BlockTides for a live stream, gives back to Filipino supporters with PHP 50,000 worth of SRKb prize pool
  10. 🤝🏼 SRK partners with Knit Finance to integrate SRK tokens into the multichain platform and enable staking
  11. 📱 SparkPoint Wallet version 6.4 has exited beta, BSC integration now available for the general public
  12. 🏫 SparkLearn’s Blockchain Developer Bootcamp Scholars have been selected, student count now at 13
  13. 🤑 The initial batch of rewards for SparkEarn has been distributed
  14. 🎮 Early Preview for Crypto Loco has been launched
  15. ✨New additions to the SparkPoint Team: Yurie, Bea, Jecca, Matt, and Chan
  16. 🗽 Finally, SparkPoint ad has reached Times Square, New York, USA!

1. SparkSwap 1.0 launched, alongside Analytics and Info Page

The most awaited launch of SparkDeFi’s flagship product and service has come. SparkSwap 1.0 was launched last May 10, 2021, alongside the Analytics and Info Page of SparkDeFi. Refuel your rocket with SFUEL and travel to the moon with SparkSwap, as the prodigious decentralized exchange on Binance Smart Chain has just started!

Instantly swap multiple cryptocurrencies in a trustless and decentralized manner at sparkswap.finance

2. Rewards Program launched, $500,000 worth of SRK and SFUEL rewards allocated for SparkSwap users

To celebrate the 1.0 launch, SparkPoint will be allocating USD 500,000 worth of SRK and SFUEL for liquidity and rewards. In the first part of this program, the team will be rewarding 5,000 participants with $10 worth of SRK or SFUEL. To join, you have to accomplish some tasks.

Join by clicking the banner or airdrop button at sparkswap.finance

3. SparkSwap DEX has been listed to CoinMarketCap

Of course, for SparkSwap to be fully recognized as a decentralized exchange (DEX), it should get into the list of CoinMarketCap’s (CMC) list of recognized cryptocurrency exchanges. And yes, SparkSwap has finally made it to CMC. CoinMarketCap is the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency space.

Visit SparkSwap DEX’s page at CoinMarketCap.

4. Added $100,000+ liquidity to BNB-BUSD pair, added $200,000+ liquidity to SRKb-SFUEL pair on SparkSwap

SparkPoint has poured in a lot of liquidity to SparkSwap last month. This month isn’t different at all. USD 300,000+ has been added to SparkSwap this May, with USD 100,00+ for the BNB/BUSD pair, and more than twice the amount for the SRKb/SFUEL pair. SparkSwap is surely heavily loaded with enough fuel for all your swapping of the major Binance-issued tokens and of course SparkPoint’s SRK and SFUEL.

Instantly swap multiple cryptocurrencies in a trustless and decentralized manner at sparkswap.finance

5. SRK-ETH Liquidity Staking renewed, now on its 3rd Contract

Now on its 3rd iteration, SparkPoint has launched the 3rd contract of the SRK-ETH Liquidity Staking in which users can provide liquidity to the pair at Uniswap and earn UNI-V2 LP tokens and at the same time earn SRK rewards.

Add liquidity to SRK-ETH pair at Uniswap, stake at https://app.srk.finance, and earn SRK rewards!

6. New SRKb and SFUEL pool-based staking launched

There are now 3 active staking pools at SparkPool! You can now earn SRKb or SFUEL by staking it to SRKb and SFUEL pool, respectively. By far, this is the easiest way of earning passively among SparkDeFi’s staking options, what you just need is either your SRKb or SFUEL and BNB and you are good to go!

Go to https:srk.sh/pool to get started!

7. SparkPoint contributed 747,000 SRK to India’s Crypto Relief Fund

Due to the surge of COVID-19 cases and worsening health crisis in India, Sandeep, the co-founder of Polygon, initiated a campaign to ask help from the global crypto community to join forces in fighting the current pandemic situation in the country. As of today, USD 1,039,721,689.57 worth of cryptocurrency assets has been contributed by the global crypto community for the cause. The collected amount will be used to donate oxygen tanks, food, probably vaccines, and more to the COVID-19 stricken country.

SparkPoint has contributed USD 747,000 SRK or an approx. USD 12,000+ for the cause. Those who want to contribute may go to https://cryptorelief.in/ for the complete details.

8. SRK is now listed at CoinEx Exchange, USD 18,000 worth of SRK has been allocated for trading activities and rewards

SRK got another exchange listing! CoinEx Exchange is now part of the growing roster of exchanges where SRK is listed.

The listing was celebrated with trading events where traders can get a share from the USD 18,000 worth of SRK rewards pool. The trading events started on May 14, 2021, a day before the official announcement was made on May 15.

Trade SRK/USDT here at https://www.coinex.com/exchange/srk-usdt
Haven’t signed up yet? Register now!

9. SparkPoint joined BlockTides for a live stream, gives back to Filipino supporters with PHP 50,000 worth of SRKb prize pool

On May 22, SparkPoint went live with BlockTides via a Facebook live stream. The team was represented by Carl Andre Bongalos, one of the company’s Senior Marketing Specialists, and Rico Zuñiga, the Chief Technology Officer. The duo has once again introduced SparkPoint to the Filipino community and gave updates on the company’s recent milestones and accomplishments since the SparkPoint project has begun. Drei and Rico also entertained some pressing questions about the impact made by the COVID-19 pandemic on the cryptocurrency industry and the current company-work setup. Some questions from the community were also answered by the two.

The team has allocated PHP 50,000 worth of SRKb for the rewards of the raffle winners.

10. SRK partners with Knit Finance to integrate SRK tokens into the multichain platform and enable staking

The team has announced its partnership with Knit Finance on May 25. The collaboration will integrate SparkPoint’s native token SRK into Knit Finance’s multi-chain platform by creating wrapped K-SRK tokens while providing staking service after launch with K-SRK or KFT token rewards. Once launched, the collaboration will allow Knit Finance to offer a staking service to users wherein one can stake K-SRK tokens and earn K-SRK or KFT token reward as APY.

Knit Finance is a unique decentralized protocol that integrates its wrapped protocol across multiple chains, bridges, and real-world markets with yield farming, lending, trading, and margin services through smart contracts.

11. SparkPoint Wallet version 6.4 has exited beta, BSC integration now available for the general public

The long-awaited Binance Smart Chain (BSC) integration has finally arrived in the in-house non-custodian wallet, the SparkPoint Wallet app. The wallet app version 6.4 that carries the BSC integration update has left the beta phase and is now available for everyone to download. The update is also slated to hit the iOS version of SparkPoint Wallet soon.

Download SparkPoint Wallet for Android at https://srk.sh/wallet
Test the SparkPoint Wallet for iOS at https://srk.sh/ioswallet

12. SparkLearn’s Blockchain Developer Bootcamp Scholars have been selected, student count now at 13

SparkPoint has selected the 1st ever batch of scholars for the Blockchain Developer Bootcamp that will happen this August 2021. As of writing, there are now 13 students registered to the bootcamp with only seven (7) slots remaining. Nine weeks are left before BDB begins!

SparkLearn’s first Blockchain Developer Bootcamp is a 16-week online course focused on teaching the fundamental concepts and key tools in a smart contract and decentralized application (DApp) development.

Register now at https://sparkpoint.io/bootcamp

13. The initial batch of rewards for SparkEarn has been distributed

Sparkies waiting for rewards for their accomplished bounties on SparkEarn rejoiced when the news of the distribution of rewards has been announced at SparkPoint’s official Twitter account. The initial batch with 5.5K SRK earnings has been distributed on May 14, with the rest of the batches coming in the next weeks.

New bounties are also up on SparkEarn. Start earning now! Visit https://earn.sparkpoint.io

14. Early Preview for Crypto Loco has been launched

The newest game from SparkPoint and Popsicle Games is here! Experience virtual party games on your phone. Shoot ping-pong balls, roll a bottle, or can to win prizes!

Crypto Loco is the 4th game on SparkPlay’s portfolio of fun and exciting crypto games after Crypto Slicer, Crypto Burst, and Crypto Shooter which are already available and has thousands of downloads on the Google Play Store.

Play the Early Preview now! Get it from https://srk.sh/loco

15. New additions to the SparkPoint Team: Yurie, Jecca, Matt, Bea, and Chan

To achieve our objectives and targets this quarter and address the needs of the SparkPoint community, SparkPoint continues to hire skilled and dedicated individuals who will contribute newer ideas and greater force. The team recently welcomed the newest members of the family: Yurie and Matt as General Support Specialists, Jecca as the Technical Support Specialist, Chan as the Junior Full Stack Developer, and Bea as one of the new Marketing Associate.

Welcome to SparkPoint! ✨

16. Finally, the SparkPoint ad has reached Times Square, New York, USA!

SparkPoint sets foot at the iconic New York landmark, the Nasdaq MarketSite at Times Square, New York! A Filipino start-up company flashes its ad at the heart of the iconic city. A symbolic moment for the team and the whole company. MarketSite has been the avenue for big product launches and announcements, bell ceremonies, IPO listings, live-media executions, visually impressive advertising, and many more. It has been the home of many milestones and achievements. SparkPoint is here to join those spectacles. We thank BitMart Exchange for making this possible.

That’s it for the month of May, #Sparkies! We’re now at the last month of Q2 2021 and there are big launches this June! Here’s what SparkPoint has prepared for us:

June 2021 Targets

Stay tuned to our official social media and announcement channels for all things SparkPoint! 🚀 — Drei. 👨🏽‍🦱

Learn more about SparkPoint and SparkDeFi from the following links:

SparkPoint Website: https://sparkpoint.io/
SparkDeFi Website: https://srk.finance/

Trade SRK: https://srk.sh/trade
Trade SFUEL: https://srk.sh/tradesfuel
SRK-ETH on Uniswap: https://srk.sh/uniswap

Telegram Announcements (SparkPoint): https://t.me/sparkpoint
Telegram Announcements (SparkDeFi): https://t.me/SparkDeFiOfficial
SparkPoint Community on Telegram: https://t.me/SparkPointOfficial
SparkDeFi Community on Telegram: https://t.me/SparkDefi
SparkPoint Twitter:
https://twitter.com/sparkpointio
SparkPoint Facebook:
https://facebook.com/sparkpointio
SparkPoint Instagram: https://instagram.com/sparkpointio
SparkDeFi Twitter: https://twitter.com/SparkDeFi
SparkDeFi Facebook: https://www.facebook.com/SparkDeFi
SparkDeFi Instagram: https://www.instagram.com/sparkdefi/

LinkedIn: https://www.linkedin.com/company/sparkpointio
GitHub: https://github.com/sparkpointio
SRK on CMC: https://coinmarketcap.com/currencies/sparkpoint/
SFUEL on CMC: https://coinmarketcap.com/currencies/sparkpoint-fuel/

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Be updated with the latest developments about SparkPoint. The project that aims to fast track mainstream adoption of blockchain and cryptocurrency through an ecosystem of practical products and services.

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Drei Bongalos

Drei Bongalos

Fueled with caffeine everyday. Tech-news enthusiast and fond of reading gadget reviews. Currently one of SRK’s Senior Marketing Specialists.

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