SRK TOKEN QUICK STATS:
| CREATION DATE: | March 14, 2019 |
| DEVELOPMENT STAGE: | Full Release |
| CURRENT SUPPLY: | 7,913,186,593 |
| TOTAL SUPPLY: | 13,995,703,711 |
| ALGORITHM: | Ethash |
| PROOF TYPE: | PoW on Ethereum |
| TARGET SPACING: | N/A |
What is SRK?
Created three years ago, SRK is the native utility token of SparkPoint, the company whose vision is to encourage people to participate in digitizing payment transactions by providing inclusive financial services integrated with blockchain technology.
Deployed on the Ethereum blockchain, SRK token currently has a total supply of 14 billion tokens. According to SparkPoint, it plans to reduce the supply to 10 billion through a series of “token burning” events and “buy back” programs. SRK is one of the few cryptocurrency projects from the Philippines that are actively trading on exchanges, such as KuCoin, Uniswap, PancakeSwap, and others.
Within the SparkPoint ecosystem, SRK token can be used for such things as payment for SparkLearn courses, prizes in SparkPlay tournaments and achievements, payment for SparkPlay game non-fungible tokens (NFTs), rewards for completing bounties in SparkEarn, rewards for Liquidity Providers and Stakers, and payments for SparkPoint IT-BPO services.
Thanks to the recent integration with CoinPayments, merchants from all over the world can now accept, store, and receive SRK token!
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