Sparket: The Social Betwork™

A Wagering Platform Built For The Modern User

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Security Type
Common Stock
Categories
Sports & Fitness
Min Investment
$250
Location
DOVER, DE
Offering Date
October 04, 2022
Expected Close Date
January 27, 2023
Target Raise
$10.00K-$1.25M
No. Investors
83
Security Price
$1.25
Valuation
$13,205,313
Website
betsparket.com
Number of Employees
3
Cash
$137,319
Revenue
$0
Short Term Debt
$14,630
Cost of Goods
$0
Long Term Debt
$485,000
Net Income
$-237,950

Company Description

Sparket has created The Social Betwork™, an innovative igaming platform helping our operating partners grow their live event wagering volume and reach. We provide a bet-on-anything platform allowing users to place bets within their communities (Betworks), from professional sports to e-sports, reality TV, award shows, golf tournaments, and more. We are currently in-market with our preliminary free-to-play partnerships and approaching Gaming Labs International (GLI) certification 33, which is a major milestone towards regulatory approvals for future real money wagering software. Our technology is patent pending with the USPTO, and is built with an eye on integrating Web 3.0 and blockchain technologies by decentralizing the entire wagering process. This will enable trusted users to provide event metadata and confirm outcomes as we pursue our mission to democratize live event wagering.

Perks

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$250+ Investment
StartEngine Owner’s Bonus
This offering is eligible for the StartEngine Owner’s 10% Bonus program. For details on this program, please see the Offering Summary section below.




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Friends and Family Early Birds
Invest within the first 72 hours and receive 15% bonus shares




2
days

7
hours

24
mins

44
secs





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$1,000+ Investment
Social Betwork™ Champions
Invest $1000+ and receive branded Sparket: The Social Betwork™ swag and a virtual avatar upgrade (anticipated in 2023).


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$5,000+ Investment
Sparket Group Admin
Receive a custom branded group within the Sparket web application where you are the admin: invite your betwork and set up customized wagering pools. Includes admin console analytics.


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$10,000+ Investment
Premium Investors Club
Join our existing $10k+ investors with quarterly access to our founding team, input on product direction, and roundtables to shape the direction of the company.


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$25,000+ Investment
Diamond Investors Club
Access to all of the above perks plus an additional 5% bonus shares.

Key Deal Facts

Our platform appeals to broad audiences with user-friendly design and the ability to customize bets against your community (rather than the house), improving the experience for our users.

In 2018, the Supreme Court overturned the ban on sports betting, and since then it has become legal in 34 states and people have wagered over $100 billion (Source | Source).

As our free-to-play partnerships gain traction and generate revenue, we have already set up contracts with major wagering businesses, including a year-long engagement with Cahuilla Casino.

Management Team / Advisory Board Bios

Alex Ispa-Cowan



Senior Software Engineer


Alex is a senior software engineer based out of Puyallup Washington. Alex has been in software development for over 7 years with full stack experience and an expertise in Javascript React. He is passionate about the Sparket mission, helping build it from scratch from an idea to a platform that has served major partners. In his spare time you might find him hiking, biking, snowboarding, or one of his biggest passions: playing guitar.    
















Matt Brown



Creative Director


Matt is an award-winning art director, designer and illustrator whose work can be found throughout the United States, Canada and the EU. Whether it’s a nation-wide ad campaign, apparel in NBA, NHL or MLB stadiums, packaging on national retailer shelves or artwork displayed in galleries, chances are you’ve seen a glimpse of Matt somewhere. Throughout his career, Matt has cultivated a valued list of clientele that includes: Disney, Activision/Blizzard Entertainment, PetCo, Home Depot, 20th Century Fox, Cartoon Network, Nintendo of America, numerous professional sports franchises.
















Cisco Arias



Technical Advisor


Cisco is a veteran of the silicon beach start-up scene, working on the technical side of start-ups right since 2010. Cisco loves solving problems and circumscribing his architecture with the reactive manifesto. He's an expert bringing business ideas into software. He previously worked at Docstoc which he helped build into a company that was acquired by Intuit.















Sally Bernard



Advisory Board, Business Development


Sally is a Tasmanian born, Australian native, who landed in Las Vegas over two decades ago and has never looked back. Since then she has built an abundant network of trusted business relationships, and the fortunate opportunity to master gaming technology sales during her corporate tenures with gaming giants such as IGT and Konami. In her free time, Sally is creating/collecting NFTs, investing in Crypto and dabbling in 3D printing. She now owns and operates 2 businesses, and is on the Sparket Advisory Board for Business Development.















Loren Gill



Advisory Board Member


Loren Gill is the Founder and CEO of LD2G Enterprises, LLC and the leader of multiple businesses including hospitality & gaming consulting and advisory services, business development partnerships, and equestrian related ventures. Prior to launching his own entrepreneurial enterprises, Gill served as the Chief Executive Officer for San Manuel Band of Mission Indians – a federally recognized tribe located in Highland, California and spent 25 years, in various locations across the United States in the gaming and hospitality industry.
















Michelle Gerson



Advisory Board Member


An accomplished Marketing Leader with entrepreneurial experience, Michelle has 12+ years in driving high-impact B2B and B2P demand generation marketing programs for tech companies like FloQast, MomentFeed, CHD Expert, and Hydropoint, and consumer brands like Sprint, IBM, Cambro Manufacturing, Volvo CE, Diageo, Equis Staffing, and others. She has a proven track record in driving sales and organizational growth among client businesses by introducing programs that generate and close leads, both domestically and globally, in multiple languages via multiple channels. Michelle has been honored as a Top 50 Women Leaders in SaaS by the Software Report.















Marcus Yoder



Advisory Board Member


Marcus has top executive-level experience including Chief Commercial Officer for a gaming technology company, COO and co-founder of social media startup; executive director-level roles for software companies; and senior manager for Big Four consulting firm. Expertise in leading companies into new global markets. Highly customer-focused as a senior business strategist—driving corporate revenue, building strategic alliances, innovating marketing and product campaigns, and negotiation/diplomacy with government entities and key stakeholders.
















Blue Quisquis



Advisory Board, Native American Relations


Highly accredited Strategic Advisor, CIO, and Economic Self-Sufficiency Advocate with over 20+ years of collective experience. Blue holds a strong leadership background in diverse fields, including Technology, Entertainment, Food, Indian Gaming, Native American Cannabis and Hemp, Economic Development, and Education, and my actionable efforts all stem from my rooted passion for instilling positive community transformations that future generations can benefit from. Due to career commitments and large certificate inventory involving management, commissioning, innovative technology, surveillance, and entrepreneurship, he has received awards and has been on several media interviews such as the Indian Country Today Media Network and the Robin Swan Show.
















Dane Henderson



Advisory Board


Dane started his career in the esports and gaming Industry in the early 90's at Westwood Studios, Sony Computer Entertainment, and Midway. Running game tournaments has given him experience promoting and marketing a variety of events that include comedy shows, concerts, and even charity events at The Autism Tree Project. In addition to his work at San Diego State University, he’s also a board member at the Institute for Education, Research, and Scholarships, a nonprofit public charity organization dedicated to changing the world for the better through education.
















Ilia Bulavintsev



TL. Software Engineer


Sparket’s resident tech geek has extensive experience in software development including as a Sr. Software Developer at Alibaba group. Ilia uses his expertise in Golang to create robust and secure backend systems. He loves building products that make users’ lives easier and adds fun to their day.















Rael Enteen



Strategic Advisor


Rael serves as the Vice President of Content at the Washington Commanders NFL team. He is an established digital and social media professional with management skills, extensive sports knowledge and experience as a writer, editor, web producer and content strategist. Demonstrated ability to significantly improve web traffic, social media reach/engagement and content monetization. Real is an experienced international public speaker with stops in London, Dubai, New York and San Francisco.
















Andrew Brandt



Technical Advisor


Andy is a results-focused Technology Leader with proven history of facilitating successful product development efforts and getting products to market. Over 20 years of software development experience, with a particular expertise in developing enterprise systems and real-time transactional platforms. As a technology executive, been involved in IPOs for three separate software companies. 















Robin Richards



Advisory Board


Robin is a serial entrepreneur, startup investor, and philanthropist. His impressive career includes founding Lexi International Teleservices, founding president and BOD MP3.com, CEO Vivendi Universal Net USA, and founder of 6 other campanies. He advises Sparket and their founders on entrepreneurial matters.












John Wholihan



Advisory Board


John was one of Sparket's initial advisors. As the Director of Marketing at Kentucky Downs, John has experience improving casino marketing, operations, guest service, incremental revenue, and EBITDA. He has more than 15 years of Las Vegas, Tribal, destination, and local property experience. He serves as an advisor to Sparket.












Chris Pigozzi



Marketing Team Business Advisor


Possessing an unwavering passion for public relations and sports, Chris found a unique and exciting opportunity on board the marketing team at Sparket. Ever vigilant for both professional and social synergies, Chris leaves no stone unturned when it comes to the maintenance and development of The Social Betwork™️.
Amount Raised : $186,578
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