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Currency for a cleaner worldTM

For every Spark in circulation, global pollution is reduced. A revolutionary commitment to saving the planet that works behind-the-scenes, at no cost or burden to consumers.

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Mission

More Spark in circulation, means less pollution.

Close the emissions gap

If we don’t find a way to close the gap now, we will never catch up.

Under current worldwide Greenhouse Gas emissions policies, average global temperature rise will exceed 3.5° Celsius, or 6.3° Fahrenheit. Our best-known climate change initiative, the Paris Agreement, concludes an absolute limit of 2°C is necessary to prevent a humanitarian catastrophe. The gap between need and action grows daily.

Greenhouse gas emissions (billion tCO2e) Source: UN Environment 2017 Emissions Gap report

Vote for change, effortlessly

A mass movement created simply by using a groundbreaking new digital currency.

Whatever your interest in climate change, investor or consumer, it’s hard to make your difference felt. Altruistic investments aren’t always profitable. Consumer efforts to adapt their lifestyles are burdensome, or feel trivial next to the scale of industry. Spark empowers a global community to make a significant difference, at no cost and little effort.

Today, not tomorrow

Spark stops global polluters from stalling their decision-making.

For every Spark issued into circulation a government-issued “permit to pollute” is automatically purchased and held in reserve. More Spark means fewer permits to go around, forcing emitters to cut their pollution levels or invest in cleaner technology. No more lobbying to keep policy changes lenient. No more promises of a better tomorrow with minimal action. Real change, and quickly.

Stable cryptocurrency

Spark is 1:1 asset-backed, significantly reducing volatility.

Spark is pegged to a real-world asset, making it less volatile than typical cryptocurrencies and an ideal risk management tool for investors, while preserving the key benefit of fast, secure, peer-to-peer transactions at low cost.

If Spark was a Top 20 digital currency, the equivalent of the UK’s annual emissions would be prevented.

How It Works

Spark runs in the background to everyday life.

Carbon Allowances

Carbon Allowances

Governments issue a finite number of permits to pollute, called Carbon Allowances.

Carbon Registries

Carbon Registries

Carbon allowances are traded across registries in the US, Canada, Europe and China, putting market forces at work.

Carbon Price

Carbon Price

Polluting industries compete to buy these allowances; the cost for their right to pollute, called the Carbon Price.

The Paris Agreement

The Paris Agreement

By law, governments must issue a declining number of permits each year; but the agreed rate of decline is too slow to achieve the Paris Agreement objectives.

Accelerate Reduction

Accelerate Reduction

For every Spark in circulation, a pollution permit is purchased and made unavailable, creating scarcity that forces emitters to reduce their pollution levels.

The more pollution allowances held in Spark reserves forces emitters to compete for fewer permits at a higher price.
Overall they must invest in cleaner tech, or cease pollution altogether.

That’s the power of Spark.

Our Vision

Halving the emissions gap in ten years.

2019-20

A Successfully Pegged Cryptocurrency

Spark cryptocurrency is 1:1 pegged to the value of carbon allowances, providing an uncorrelated, asset-backed digital currency with lower volatility than non-asset-backed currencies. Everyday uses include provision of a risk management tool for cryptocurrency investors, as well as an investment opportunity. The currency will begin accelerating the reduction in global pollution levels, for everyone’s benefit.

Target CO2 emission cuts: 25 million tonnes

A Successfully Pegged Cryptocurrency
2021-23

A Single Retailer Currency

As adoption of cryptocurrencies broadens, Spark integrates with a single leading online retailer, allowing their customer base to transact with the currency, while offering a unique selling proposition to organisations with an environmentally conscious customer base.

Target CO2 emission cuts: 250 million tonnes

A Single Retailer Currency
2024-28

The Multi-Retailer Currency

When cryptocurrencies become mainstream, Spark forms the backbone of a global movement, replicating current-day payment processing models and integrating with hundreds of international retailers to become the de facto cryptocurrency of choice. Millions of consumers can collectively influence the climate change agenda through the decentralisation of decision making on carbon pricing, at no cost to themselves.

Target CO2 emission cuts: 6 billion tonnes

The Multi-Retailer Currency

Collectively overturn the obstructive lobbyists

In 2016, energy companies spent $500m* lobbying for lenient climate change targets.

  • 12 billion tonnes Projected emissions gap by 2030
  • 6 billion tonnes Potential decentralising impact of Spark
*Source: InfluenceMap

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Benefits

A first-of-its-kind cryptocurrency.

Large-Scale Climate Benefits

Large-Scale Climate Benefits

A far reaching, fast-acting solution to one of the biggest challenges of our time, with enough global potential to close the emissions gap.

Risk Management Tool

Risk Management Tool

Spark is 1:1 pegged to the price of carbon, significantly reducing volatility relative to typical “speculative” cryptocurrencies.

Profitable Altruistic Investment

Profitable Altruistic Investment

Spark is 1:1 pegged to the price of carbon, significantly reducing volatility relative to typical “speculative” cryptocurrencies.

Designed for Mass Adoption

Designed for Mass Adoption

Spark works in the background to reduce pollution at no cost to consumers, is easy to understand, and inspires conversation.

Potential Game-changer

Potential Game-changer

At this late stage combatting climate change requires a radical rethink. Total disruption, nothing less.

Spark is built on EOS

A leading blockchain provider

Spark is built on EOS
More Efficient

More Efficient

Better Scalability

Better Scalability

Faster Speeds

Faster Speeds

Next Gen Security

Next Gen Security

Lower Cost

Lower Cost

Less Bottlenecks

Less Bottlenecks

We are working with leading blockchain provider, EOS, to build the currency of tomorrow, facilitating fast, scalable and low cost transactions and an infrastructure that allows Spark to function as a widely accepted, real-use, global currency.

Want access to our Beta wallet?

Register your interest in the Spark wallet, launching 2019

Limited to first 10,000 applicants. Your registration does not guarantee your participation in the Beta.
Opening Soon

Co-Founders

Combining 40+ years industry experience.

Daniel Barry

Daniel Barry

Clean Energy

Daniel was the founder of BP’s environmental markets division, a $175m a year business with 35 staff members across 3 time zones. He is a leading expert in the clean energy sector with 15+ years leadership experience, a board member of the International Emissions Trading Association, and provides access to the specialist knowledge and global network required to access regional carbon markets successfully. He is native to the challenges of impacting climate, fluent in Chinese, and a graduate of Cambridge University.

Daniel Barry

Steffen Buschbacher

Compliance

Steffen was the founder of Capital Suisse, a boutique financial services and wealth management firm that specialises in economic analysis, investment banking and private equity. A senior compliance officer with 10+ years regulatory experience bridging the gap between old and new economies, he previously worked as an analyst for Deutsche Bank, facilitating private equity transactions in excess of $200m. He has an economics degree from Harvard University.

Daniel Barry

Joff Hamilton-Dick

Marketing

Joff is a start-up entrepreneur and former Global Head of Marketing at Jampp, a user acquisition platform for iOS and Android, helping the world’s fastest growing advertisers to expand their customer bases internationally. Previously he developed B2C marketing and retail strategies in Consumer Goods, before merging his technology interests to start up a Facebook in-app advertising platform, acquired by the owners of Playtech (LSE: PTEC.L) in 2012. He is a mathematics graduate from Nottingham University.