What is
$SPARK (
@sparkdotfun)
Spark, with the ticker
$SPARK, is a new ICM launchpad where anyone with a bold idea can launch a token and let the community decide how to build it, fully on-chain, fully permissionless.
Topics in this Project Introduction
🔸How does Spark work?
🔸Spark DAO & Idea DAOs
🔸Spark Token & Flywheel
So, let’s start! (TLDR at the end of the post)
How does Spark work?
Idea
The first step for launching on Spark is actually having the idea and sharing it on Twitter. It can be anything. Think of a meme, a project or even an experiment. And you don’t have to be technical at all. The person launching the idea is not tied to the token and not responsible for building the product. They do not have to commit to anything. The community will pick it up if they like it. Evenmore, as the ideator, you will always receive 10% of the funds from the transaction fees going to the DAO.
Token
By using
@MeteoraAG DBC technology, the idea will be tokenized and paired into a liquidity pool, where 80% of the supply is sold progressively via a bonding curve, 20% is used to create the initial liquidity and a 2% trading fee is applied on every transaction.
Graduation
Once people start buying and trading the idea/token, it is considered valid and it will graduate when it crosses the $42K market cap price threshold. This is the moment the market believes in the potential of the idea and a DAO is created.
DAO
As said above, upon graduation, a DAO is automatically created using
@realmsdaos governance on Solana. This specific DAO is controlled by the holders of the token. Next to this, it will start receiving funds collected from trading fees.
Fees
The DAO is not the only one who receives fees. Next to the Idea DAO, which receives 1% of the total trading volume, the SPARK DAO also receives 1% of the total trading volume. The Idea DAO uses its funds to fund builders and contributors and the SPARK DAO uses its funds to fund builders and contributors and to reward SPARK holders.
Builders Apply for Funding
Upon receiving the funds in the Idea DAO, builders can apply to turn the idea into reality. They will connect via the app, submit a proposal, what they want to build with a timeline and budget, and their GitHub and Twitter profile is scored via AI.
Holders decide
Once builders have applied, token holders can vote on which proposals to fund. Votes are based on a simple yes/no or multiple choice options.
Builders execute
After voting, the approved builders receive the funds they requested in their application. Now they can start working on the idea and deliver it according to the milestones and criteria they proposed in their application.
SPARK DAO
The Spark DAO, which is governed by SPARK holders, is the engine of the Spark ecosystem. It plays a central role in managing, protecting and scaling the Spark platform. It has 3 core responsibilities ;
🔹Managing the Spark treasury - Fund builders, tools, infrastructure, marketing and long-term growth
🔹Growing and protecting the ecosystem - Supporting aligned initiatives and ensuring compliance
🔹Defining rules for Idea DAOs - Funding eligibility, governance frameworks and fee splits
However, to reduce risk in the initial phases of the Spark platform and Idea DAOs, it holds a temporary veto right in order to counter proposals that ;
🔹Introduce legal or regulatory risks
🔹Contradict Spark’s values
🔹Contradict Spark’s long-term vision
Furthermore, it can counter an Idea DAO’s attempt to bypass shared ecosystem rules. However, Spark is aiming for Idea DAOs to become fully independent and permissionless once it reaches maturity.
Participation
Holders of the Spark token can participate in Spark Governance by downloading the Spark App, which is fully optimized for Solana Mobile. After downloading, they can connect or create a wallet on the app, which they can fund with SPARK tokens, as well as SOL in order to cover fees. The last step for holders is to lock their SPARK tokens for a short amount of time. Locking SPARK tokens gives them the right to vote on decisions, may it be accepting or denying builder applications or the overall direction of Spark. After voting is done, holders can un-stake their locked tokens.
Spark V0
In Spark V0, all proposals will be submitted by the Spark Core Team itself in order to ensure clear direction, fast iteration and minimum friction. However, holders are welcome to participate in debates, discussions and feedback via Telegram or by DMing the Core Team directly.
Spark V1
In the next phase, Spark V1, votes will be simple and straightforward. One SPARK token equals one vote. These votes will mostly be Yes / No or multiple choice questions for more complex decisions.
In the future, more advanced voting models will be applied. Think of quadratic voting (to reduce whale dominance), futarchy-style decision markets (where prediction guides action) and vote quality incentives (rewarding accurate and thoughtful votes). Furthermore, governance evolutions will be debated and approved by the DAO and the DAO will be able to hire contributors, governance researchers, builders and analysts.
Idea DAOs
Whenever someone’s idea graduates on Spark, it becomes its own Idea DAO. Just like the Spark DAO, it is governed by the holders of the token. These holders decide on how and where to use the fees collected.
Idea DAOs token holders will be able to vote on proposals with a Yes / No voting system, designed to make participation as lightweight as possible, while still enabling collective ownership.
Idea DAO V0
In V0, only developers will be able to submit proposals. It works as explained in the introduction of this article. And as mentioned above, holders will be able to vote on Yes / No. All together, it makes V0 less noisy and more focused.
Idea DAO V1
Some time after the launch of the platform, proposal creation will be opened to non-developers. This marks the creation of Idea DAO V1. In V1 the team really wanted to simplify the DAOs process and make it easy for everyone. Marketers, community builders and growth & business development specialists will be able to apply by connecting their Twitter profile. However, it is not limited to these specific kinds of expertises. The ultimate goal is to allow Idea DAOs to fund whoever can move the idea forward.
In the future, automated proposal templates will be introduced. These templates allow any DAO member to trigger pre-defined votes, like moving idle funds, swapping part of the treasury into stablecoins, settings budget caps or reserve policies or rebalancing DAO holdings.
$SPARK Token & Flywheel
Tokenomics
The SPARK tokenomics are as follows ;
🟡50% - Spark DAO - 6 month lock - monthly unlock
🟡20% - Liquidity Pool - Locked
🟡20% - Public Sale - Sold via BorgPad
🟡10% - Team - 6 month lock - monthly unlock
Flywheel
Spark generated protocol revenue from two key streams
🟡1% trading fees to all trades of the SPARK token
🟡50% of all fees from launched ideas > 1% of total volume
Each of these streams is distributed as follows
🟡0.10% - Traders
🟡0.10% - Referrers
🟡0.10% - Spark Voters
🟡0.70% - Spark DAO Treasury
The funding of Spark
Spark is funded by the founding team. There were no investments from VCs or Angel Investors. In total, $50K was used for
▫️Communication and Marketing
▫️Strategic Partnerships
▫️Platform Development
▫️Testing and Product Iterations
▫️Salaries for the Core Team
As long as the project operates, it receives fees from trading activities. However, the DAO does not have infinite resources. Meaning, once there is no more funds and no more activity, there won’t be any budget left to continue the development of the project.
All in all, the team expects the experiment to last at least until mid-September, the end of Season 0. And as mentioned above, the continuation of the project and subsequently Season 1, will depend entirely on the trading activity and the fees.
Upcoming Milestones / Roadmap
August 14
🟢Official launch of the Spark platform
🟢First tokens and ideas go live
End of August
🟢Launch of the app (PWA) to streamline DAO management
🟢Tokenization of community-submitted ideas
September
🟢Partnership with a CEX for simplified token listings
Q4 2025
🟢Hosting of a fully on-chain hackathon
🟢Enhanced contributor tools (submit ideas, apply to build, vote — all made easier)
Ongoing
🟢Continuous iteration based on user feedback
🟢Community and ecosystem partnerships
🟢Experiments with DAO models & decentralized funding mechanisms
Founding Team
The core team consists of 5 members. The founding members are
@Mathis_btc, @ewan_Hamon and
@0xPocho. Furthermore, core contributors are
@cryp_theo and
@cduchinois. All of them combined have 25 years of experience in crypto.
Since one year, they have already built and operated a permissioned launchpad on Solana,
@BorgPadHq. In total, they have raised $1M across 10 projects. They have deep hands-on exposure to token launches, liquidity and governance.
They have seen how the ecosystem works and with Spark they decided to go even earlier on project timelines. They will launch tokens at the idea stage and let the community fund, govern and build.
As by their own words ;
‘’We’re builders at heart, big fans of hackathons, and committed to pushing the limits of on-chain coordination’’
TLDR
What it is: A fully on-chain, permissionless launchpad where anyone can launch a token based on an idea. The community decides if and how it gets built.
Process:
➖Share ideas on Twitter (no dev skills needed).
➖Tokenize via Meteora DBC (80% sold via bonding curve, 20% for liquidity, 2% fee per trade).
➖If token price passes a threshold, an Idea DAO is formed with governance rights and fee revenue.
➖Builders apply for funding; holders vote; approved builders execute.
SPARK DAO: Governs the platform, manages treasury, supports ecosystem growth, and sets rules for Idea DAOs. Temporary veto to avoid legal/regulatory risk.
Tokenomics:
➖50% Spark DAO (locked, monthly unlock)
➖20% LP (locked)
➖20% public sale (BorgPad)
➖10% team (locked, monthly unlock)
Revenue:
➖1% trading fee on
$SPARK
➖50% of fees from Idea DAOs (1% of total volume)
➖Distribution: 0.1% traders, 0.1% referrers, 0.1% voters, 0.7% Spark DAO treasury.
Funding: Self-funded ($50k). No VC/angels. Runs as long as fees keep coming in.
Roadmap:
➖Aug 14 – Platform launch first tokens.
➖End Aug – App launch idea tokenization.
➖Sept – CEX partnership.
➖Q4 – On-chain hackathon better contributor tools.
Team: 5 founders with 25 years combined crypto experience, previously ran BorgPad launchpad on Solana.
This is an experiment running until at least mid-Sept (Season 0), with Season 1 depending on trading activity and DAO revenue.
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Note. This project introduction is purely informational and is no financial advice. You should always do your own research before investing. For more project introductions, head over to my community on X, which can be found on my profile.
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Discussion for in the comments
Ideators are not responsible for the token performance and the delivery! It is all in the hands of the token holders. > No risk for you.
What idea will you launch first?