Today we will tell you what is SparkLab (SPARK) token and present you its analysis. SparkLab collects all tools from the cryptocurrency industry in a centralized ecosystem, helping investors identify opportunities in this market early. They offer all-in-one solutions not only for investors but also for project developers. A portfolio tracker feature has been created for you to more easily track your investments in your wallet. Thus, you can see the prices of different tokens you have purchased and the number of tokens you have in a single window. What is SparkLab (SPARK) token, now let’s examine it in more detail.
SparkLab Token (SPARK): Rug Protector
Rug protector automatically sells your tokens at the prices you set. Binance Smart Chain is a blockchain where thousands of new tokens are released every day. The price of some tokens can suddenly drop after increasing, some are released by fraudsters. You can use the rug protector feature to both diversify your portfolio and avoid being scammed. Thus, you do not need to be constantly on the lookout to avoid missing sales opportunities. SparkLab protects you from potential scams. The developed algorithm automatically sells your tokens before a liquidity withdrawal is triggered by an alert.,
Rug protector uses some high gas fee to pre-execute the transaction. This fee can reach up to $15. Otherwise, your funds may be reset until the sale is confirmed on the network. After connecting your Metamask wallet to the SparkLab platform, you can choose your tokens that you want to protect with rug protector. In this way, a smart contract will be created only for you. $15 worth of BNB must be deposited in the same vault. Possible transaction fees will be paid out of the amount in this safe. Note that you can withdraw BNBs from the vault at any time.
Information of new tokens released on BSC is not immediately listed on Coinmarketcap and Coingecko. Until there is a listing, it is necessary to use different sources to see the price information and other information about the tokens. Thanks to the SparkLab portfolio tracker, you can see the prices of all the tokens in your BEP20 wallet address in USD and BNB. You can also access information showing the total value of the wallet.
One of the other features of SparkLab is the combined sales feature. You can sell multiple tokens at the same time with the combined sales feature without having to approve tokens in a dex.
SparkLab charges a total of 5% tax on each transaction. While 2% of these taxes are transferred to the liquidity pool, 3% is reserved for the marketing activities of the project. There are a total of 1 billion SPARK tokens in circulation. Currently traded on BSC blockchain dexes such as PancakeSwap, SPARK will be listed on major centralized exchanges in the future. The first goal of SparkLab is to reach 50 thousand daily users on the platform. In this way, they will be able to integrate banner ads and token promotions into the SparkLab platform. New features will be developed and marketing activities can be carried out thanks to the revenues obtained from advertisements.
Each banner ad to be added to the platform will generate $400 daily revenue. 16% of these revenues will be directly re-injected into SparkLab Token daily as a redemption system. 50% will be used to develop new features, market the project on social media and improve the platform. 34% will be used for recruiting new talent and for the team.
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Where to and how to buy SparkLab (SPARK) token?
The SparkLab (SPARK) token has been trading in the markets since November 4, 2021. SPARK token trading can be done by entering the contract address 0x683b383e9d6cc523f4c9764dacebb5752892fc53 to decentralized cryptocurrency exchanges traded on the BSC blockchain. The investor is responsible for the profits and losses to be obtained from the trading transactions to be made in SPARK token and other cryptocurrencies.