Sparkster has soaked up millions of dollars of investment capital and returned nothing in the way of a viable product. Almost a year after their inception and ICO, Sparkster have pocketed the money drawn from eager investors and haven’t even released their token to the market.

Their original proposal was unrealistic and hasn’t ever been accomplished even in testing. The management team for Sparkster engage regularly in AMAs but have nothing to offer in ways of serious announcements or a definite confirmation of progress.

Their premise was founded almost entirely on being the “fastest network available”, with tens of millions of TPS. This ability hasn’t been achieved by companies bigger and infinitely more capable than Sparkster (such as Metahash), indicating that this promise was merely a tool to allure and fool investors.

Most crucially, the underpinning idea of scaling up TPS by using a protocol diverse from proof of work is still a doubtful and unproven scheme, requiring much higher credibility than what Sparkster has to offer.