Cosmos (ATOM) and Solana (SOL) experience mixed fortunes as Sparko (SPRK) Promise a Bright Future

Cosmos (ATOM) and Solana (SOL) experience mixed fortunes as Sparko (SPRK) Promise a Bright Future – CryptoMode

25 April 2023

in Solano

Reading Time: 3 mins read

The crypto world has had an array of activities this week. There have been concerns about the transparency of activities by the founders of Cosmos (ATOM), and the Solana Foundation has released a statement reassuring the public about its carbon footprint.

And more interesting is the newcomer Sparklo (SPRK) becoming an alternative investing offering investors the chance to trade in silver, gold, and platinum.

Uproar in the Cosmos (ATOM) Community Over Lack of Transparency

The Interchain Foundation (ICF) has been put on the spotlight by some of the Cosmos (ATOM) community members who want more reporting and transparency on activities undertaken by ICF over the last two years.

The concerns spearheaded by Jacob Gadikian from Notional Labs point to ICF receiving around 10% of Cosmos (ATOM) supply at the ICO. Additionally, there are also issues with favoritism towards some teams when it comes to grant funding.

Cosmos (ATOM) community members have caused an uproar since these issues were raised, which shows the importance of transparency and accountability when running blockchain projects. If there is no trust within the community, there is the risk of the project losing momentum.

And at the moment, some momentum could help as Cosmos (ATOM) ’s price hits $10.99, a 15.11% decrease from $12.94, which is Cosmos (ATOM)’s 7-day all-time high.

The Solana Foundation Shares Data on Solana (SOL) ’s Carbon Footprint

Environmentalists have always been at the forefront of criticizing the amount of carbon emission in the crypto industry. The numerous network servers that run the decentralized blockchains use lots of electricity, releasing vast amounts of carbon.

In a move that shows its accountability in ensuring less carbon footprint, The Solana Foundation has come clean on the amount of carbon dioxide released by its servers.

According to an emission dashboard created by Carbonara, Solana (SOL) ’s servers have emitted carbon equivalent to eight flights from New York to London in the 12 months before April 1.

In numbers, that is 10,651 metric tons of carbon dioxide, roughly eight times the 1300 metric tons produced by a single flight from New York to London.

This news might inspire confidence in Solana (SOL) ’s investors despite Solana (SOL) ’s price falling by 12.21% this week alone to the current price of $21.55. This is 91.75% lower than Solana (SOL) ’s all-time high price of $260.06.

Sparklo (SPRK) and Wealthy Mineral Deposits

Investors are always on the lookout for tokens with a promising future. And Sparklo is creating a buzz in the crypto community with its opportunity for investors to invest in NFTs that represent real-life luxury investments: silver, gold, and platinum.

Each of these assets will be represented by a digital token with a unique identifier in the blockchain to provide a secure record of ownership. Investors of Sparklo will be trading the tokens representing gold, silver, and platinum on the platform.

Redeeming Sparklo tokens for the equivalent amount of fiat currency will be possible by selling the tokens on the platform and then withdrawing from your bank account.

At the moment, Sparklo has been audited and passed its audit with Interfi Network, and is at a presale price of only $0.015. With its immense growth potential, Sparklo could become the next blue-chip crypto.

The icing on the cake is that its liquidity will be locked for 100 years, making it a safe investment.

Find out more about the presale:

Buy Presale: https://invest.sparklo.finance

Website: https://sparklo.finance

Twitter: https://twitter.com/sparklo_finance

Telegram: https://t.me/sparklofinance

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