Spark, a fully open token issuance platform based on Solana, announced its official launch at 2:00 AM (UTC+8) on August 14th. Spark allows anyone to instantly tokenize their idea with a single tweet, with market pricing and community-driven implementation. Initiators don't need to present a pitch deck or personally deliver their project. Once a token is approved, a DAO is automatically generated, funded and executed by the community, breaking the traditional practice of project liability being borne by the issuer.

The platform's token, SPARK, sold out in under a minute through the BorgPad presale model and has a current market capitalization of $2 million. The platform utilizes a fair launch mechanism, with no pre-mining and no large-scale investor control. Each transaction carries a 2% fee, half of which goes to the Spark DAO and half to the project DAO. Token holders vote to determine the use of funds.