Sparklecoin Group intends to offer its services only in jurisdictions where they are permitted. Sparkle Coin Group operates in a rapidly changing environment. New risks continue to emerge in the virtual currency and blockchain spaces and legislation of this space is either in existent or was not intended to capture it when it was drafted. It is not possible for Sparkle Coin Group’s management to predict or anticipate all changes in the business and regulatory environment nor can it assess the impact of all factors on its business.
Sparklecoin Key Information
|Soft cap||4,350 ETH|
|Hard cap||17,500 ETH|
|Distributed in ICO||50%|
|Tokens for sale||25,000,000|
|Accepting||BTC, ETH, Fiat|
|Price in ICO||37.0000 USD|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
The Game Change Team Behind Sparklecoin
While Sparklecoin Group’s model is intended on risk mitigation, buying, holding and storing virtual currencies still involves a degree of risk including technology, cyber security and legal risk. You should consider carefully the risks and uncertainties described below before deciding whether to purchase Sparkle Coin. The risks and uncertainties described below are not an exhaustive list. If any of the following risks actually occurs, Sparklecoin business, financial condition, results of operations, and future prospects could be materially and adversely affected. In that event, the market price of Sparkle Coin could decline. Some significant risks include:
- Action by governments in one or multiple jurisdictions that affects the use of virtual currencies, including subjecting virtual currencies to laws and regulations not currently proposed or in effect;
- Action by governments in one or multiple jurisdictions that affects the existence of VCoinMall and/or VCoin Exchange including subjecting virtual currencies to laws and regulations not currently proposed or in effect;
- The potential failure to attract and retain users of Sparkle Coin thus restricting volume, and potentially, price.
- The tax characterization of Sparkle Coins is uncertain. This may result in adverse tax consequences to anyone who purchases and holds Sparkle Coins, including withholding taxes, income taxes and tax reporting requirements. Anyone who purchases or holds Sparkle Coins must seek their own tax advice,
Terms & Conditions
This document is not a solicitation for investment and does not pertain in any way to an offering of securities in any jurisdiction. This document describes the generation and sale of SPRK. Persons may be interested in purchasing SPRK in the initial sale to support the development of the SPRK Platform, and to prepare for their eventual use on the Sparklecoin Platform when it is launched. Individuals, businesses, and other organizations should carefully weigh the risks, costs, and benefits of acquiring SPRK early in the initial sale versus waiting to until the entire SPRK Platform is fully established, registered and regulated where this is required.
You further represent and warrant that, to the extent permitted by law, you are authorized to purchase SPRK in your relevant jurisdiction, are of a legal age to be bound by these Terms, and will not hold Sparkle Coin Inc, its parent and affiliates, and the officers, directors, agents, joint ventures, employees and suppliers of Sparklecoin or your parent or affiliates, now or in the future and any other member of the Sparkle Coin Group (collectively the “Sparkle Coin Team”) liable for any losses or any special, incidental, or consequential damages arising out of, or in any way connected to the sale of SPRK.
Ownership of SPRK carries no rights express or implied. Purchases of SPRK are non-refundable. Purchasers should have no expectation of influence over governance of the Platform. By participating in the sale of SPRK, you expressly acknowledge and represent that you have carefully reviewed the Terms and fully understand the costs, and benefits of purchasing SPRK and agree to be bound by these Terms.
Overview of SPRK and the Sparkle Coin Platform
Sparklecoin is an asset backed cryptocurrency. Each Sparkle Coin put into public circulation is backed by $5 worth of GIA or similar certified diamonds procured through established diamond dealers, which can be immediately redeemed the day after the Sparkle Coin ICO with a minimum of $500 worth of Sparkle Coins in $500 increments. However, once the price of Sparkle Coin reaches $25 per coin, the backing will fall away.
If the price of Sparklecoin drops below $25 again after the backing has been removed, it will not be backed by diamonds again. Diamonds to be redeemed in reference to size, color, clarity, cut, and other qualities will be agreed upon before the diamonds are sent to the redeemer depending on the market rate of diamonds on or around the redemption date. Sparkle Coin, Inc., must receive the Sparkle Coins being redeemed first before the diamonds are sent.
Refunding A Purchasing Account
Interested parties may register and pre-fund their account on https://www.SparkleCoin.com using Bitcoin, Ether, or United States Dollar. PLEASE NOTE: For USD funding, Know Your Customer (KYC) verification is required. This process may take up to 2 weeks. This is the main reason are offering pre-funding, to enable interested parties purchasing in USD via bank transfer to have enough time to be verified for the ICO.
To pre-fund your account, agree to the terms and conditions at the bottom of the page to enter the ICO page. Then click on the “SIGNUP” icon. Complete requested information. You will receive an email to the address provided with a verification link. Click on the verification link and a new window will open up allowing you to login to your account. Once logged in, click on “FUND WALLET” on top banner and you are ready to select your pre-fund method.
Pre-funding will insure quick order processing and coin issuance. All purchasers will have up to 5 minutes to complete their purchase transaction once they have the Sparklecoin in their shopping cart. If the 5-minute timer is exceeded, the shopping cart will time out and be considered to be abandoned. All Sparkle Coins in the cart will be released back into the original block it came from.