SparkChain AI fails to provide ownership or executive information on its website.

SparkChain AI’s website domain (“sparkchain.ai”), was privately registered on December 7th, 2024.

Offsite SparkChain AI marketing spam cites “Ethan Cole” as the company’s founder and CEO:

Ethan Cole doesn’t exist outside of SparkChain AI’s own marketing. This likely means he doesn’t exist (or will be played by an actor at some point).

Additional red flags include SparkChain AI’s website footer links, including SparkChain AI’s privacy policy and general terms and conditions, being broken. This is indicative of a scheme hastily put together from a template.

As always, if an MLM company is not openly upfront about who is running or owns it, think long and hard about joining and/or handing over any money.

SparkChain AI’s Products

SparkChain AI has no retailable products or services.

Promoters are only able to market SparkChain AI promoter membership itself.

SparkChain AI’s Compensation Plan

SparkChain AI promoters invest the cryptocurrency solana (SOL).

This is done on the promise of a passive return, paid in SparkChain AI’s SPARK token.

SparkChain AI pays referral commissions on invested SOL down three levels of recruitment (unilevel):

  • level 1 (personally recruited promoters) – 20%
  • level 2 – 10%
  • level 3 – 5%

Joining SparkChain AI

SparkChain AI promoter membership is free.

Full participation in SparkChain AI’s attached income opportunity requires an undisclosed minimum investment in SOL.

SparkChain AI Conclusion

SparkChain AI is your typical node ruse MLM crypto Ponzi.

As the company’s name suggests, SparkChain AI’s marketing ruse centers around investors providing internet bandwidth to train AI models.

The Spark desktop app allow users to contribute their unused internet bandwidth to the network, earning rewards and participating in the growth of AI.

This boils down to SparkChain AI investors downloading a dodgy app which hijacks their internet bandwidth for undisclosed purposes.

These purposes could be anything from illegal activity (DDOS botnets, anonymization specifically for illegal activity etc.), to a marketing ruse (i.e. the app wastes bandwidth to simulate legitimate activity).

In addition to being unverifiable, SparkChain AI’s node marketing ruse quickly falls apart on consideration of investment. If providing bandwidth to undisclosed AI clients generates revenue, why is SparkChain AI soliciting investment from promoters?

As it stands the only verifiable source of revenue entering SparkChain AI is new investment.

Using new investment to pay SPARK token withdrawals would make SparkChain AI a Ponzi scheme.

As with all MLM Ponzi schemes, once promoter recruitment dries up so too will new investment.

This will starve SparkChain AI of ROI revenue, eventually prompting a collapse.

SparkChain AI appears to have launched with Ponzi points. SPARK tokens are a relatively new addition, launched on or around July 20th:

Token exit-scams are nothing new. SPARK is worthless outside of SparkChain AI itself. Once SparkChain AI inevitably collapses, promoters will be bagholding yet another worthless Ponzi token.

Comments left on SparkChain AI’s social media accounts (which appear to be heavily botted), suggest withdrawal problems have already begun. Due to the general secrecy surrounding SparkChain AI’s operations however, I was unable to verify.

Regardless, whenever a Ponzi scheme inevitably collapses, math guarantees the majority of participants lose money.