Investors are always on the lookout for new ways to diversify their holdings. With increased inflation, and overall distrust in centralized currencies, gold, silver and platinum are becoming far more appealing. Sparklo is a project that will give them entry towards the precious metals asset class.
Getting Into Precious Metals
Precious metals represent solid alternative investment options as they have historically proven to be a solid hedge against inflation. In the world of centralized finance, centralized banks have begun collapsing, and the inflation rates of FIAT currencies are on the rise. With all of this in mind, it is clear that many smart investors have begun moving money around.
Investing in precious metals such as gold, silver, and platinum has been appealing, as historically, these have managed to keep up with the rate of inflation and have maintained their value. As such, it is no wonder why investors on a global scale are aiming to get in on this action.
The value of Fractional NFTs
In the case of the Sparklo project, non-fungible tokens (NFTs) can get created and then get fractionalized. This means that the single NFT gets split among smaller parts that are more affordable, and investors can essentially buy a part of the underlying precious metal instead of needing to buy it in its entirety.
For example, a gold bar can be minted into the form of an NFT. The NFT, in this case, is a representation of the gold bar. An investor can choose to buy the entire NFT, or if it is more convenient, they can just buy a specific part or a fraction of it that is within their budget. At the point in time when an investor buys an entire NFT, they can get the gold bar delivered to them at any location, assuming they want to do that.
Sparklo (SPRK) and It’s Future
Sparklo will be an investment platform that will provide people the opportunity to begin making investments in precious metals. These include silver, gold, and even platinum. Every investment will result in an NFT getting minted and fractionalized.
Experienced cryptocurrency traders and investors know the value of getting into the early stages of a project and that they can experience high growth in value. Sparklo is no different, as, at its presale stage, it is offered at a value of only $0.015. Analysts predict that it can increase in value by 40x in the upcoming months, leaving a lot of room for growth.
The team is processing a KYC application, and the results of it will be posted throughout the month.
The Sparklo project has already undergone and has passed an audit by the InterFi Network. Its liquidity will also be locked for 100 years, indicating that there is a high level of security for investors in the project.
Find out more about the presale:
Buy Presale: https://invest.sparklo.finance
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