Sparkpoint Ecosystem Whitepaper Updates : DLX Launch
Today, April 30, 2019, we are announcing the official updates on our whitepaper’s third version to be released this May in several articles. Here is one of the major updates in the upcoming version.
LAUNCHING OF DLVERY EXPARK
Sparkpoint Innovations Inc., will launch Dlvery Expark (DLX) as our newest adjacent project and our first working product in May. This is expected to operate in Manila, Philippines and then will be rolled-out to the rest of PH before going worldwide in the future.
As indicated in the first versions of Sparkpoint Ecosystem’s whitepaper, our marketplace platform will need to have its own logistic services provider and to suffice the SparkPlace program, DLX was designed by the team which enables it to have its own logistic company to deliver all products that will be sold in the platform. Having a logistics team will help the goal of SparkPlace materialize — avoiding overhead fees for shipping, and having a secured and safe delivery for each items. All SparkPlace shipping will be paid using Sparkpoint Token (SRK) and this will create a demand for SRK token.
So what is Dlvery Expark?
Dlvery Expark is a mobile and web-based application that will cater food delivery services, errand fulfillment services, bulk delivery and on-demand parcel & document delivery services.
“DLX is the first delivery and errands fulfillment application with blockchain integration. DLX will issue DLX Rewards in form of Sparkpoint Token. A reward system that will rewards users with a real-world value token,” said Aica Benavides, Chief Communications Officer of Dlvery Expark in a Facebook post.
One of the goals of DLX is tying-up with corporate partners and merchants as a logistics provider and other business solutions like delivering digital marketing will also be offered by DLX. Therefore, this will create a larger market with more opportunity for SRK to be accepted as mode of payment for DLX’s services and partners’ products.
Who will use Dlvery Expark?
Apart from SparkPlace, Dlvery Expark is also in talks with partnership with well known marketplace, food merchants, business process oursourcing companies and other possible partners for corporate partnership. This will create a stable income and profitable revenue model to suffice the operational costs of DLX and expand the reach of Sparkpoint Ecosystem.
Will DLX accept Sparkpoint Token as payment?
During the first phase of the project, DLX will only accept fiat as mode of payment. However, SRK that were issued using rewards can be used to claim vouchers in the application and once the Sparkpoint Ecosystem application has been fully implemented, DLX will accept SRK as payment for its services.
When will DLX be released?
The Dlvery Expark web and mobile application will be available on May 25, 2019. Official launch details to be disclosed.
