Sparkster (SPRK) – once touted as a “Hall Of Fame ICO” according to crypto influencer Ian Balina, has been unlocked today after keeping its tokens locked for over a year due to “market conditions. The token’s value at its highly anticipated ICO was $0.15 USD. Currently the token is trading on Bilaxy and IDEX for $0.02 USD or approximately 0.15x its ICO value. Sparkster mainly gained a lot of traction due to ICO influencer Ian Balina, who had it as his top ranked ICO in early 2018 via his token spreadsheet shown below.

Sparkster allows users to build and run decentralized software in plain English without any coding language and has recently announced the development of a marketplace for user’s to sell created applications and code on their platform. Sparkster has seen a great deal of controversy within it’s year long lock. The token was supposed to unlock 2 weeks after it’s crowdsale ended on July 9th 2018 however, citing “market conditions” the team’s CEO Sajjad Daya decided to post pone the token’s unlock. Then the token was promised to be unlocked at the end of April 2019 however, this was once again delayed due to a potential partnership with an exchange according to CEO Sajjad Daya. This led to the creation of multiple groups threatening legal action against Sparkster one of which was led by crypto influencer @CryptoArnie. The group created by @CryptoArnie quickly gained over 1000 members on telegram and threatened legal action against Sparkster citing messages where Sparkster CEO promised 300X, tokens being unlocked 2 weeks after the crowd sale and refunds for disgruntled investors as all of these promises were broken.

As of yet there has not been an announcement of any Exchange partnering with Sparkster, however, the team has announced that a “Centralized Exchange Listing” will be announced in the near future. As it stands now Sparkster has not had the ROI many investors were hoping for as many believed it would be the next ICON (ICX) giving early ICO investors as much as 100x gains and it appears Ian Balina’s top ranked “Hall of Fame” could end up being a massive flop for early investors. This just goes to show that you should always do your own research and never take a crypto influencer’s opinion as financial advice as many ICO’s have failed. Sparkster is still very new in the world of crypto and some good exchanges and positive news could propel Sparkster towards a positive ROI. Only time will tell the fate of Ian Balina’s “Hall of Fame” ICO.