Sparta (SPARTA)

Sparta (SPARTA) is a cryptocurrency that has recently announced the termination of its project. After four years of struggling to conduct a legal ICO due to the lack of ICO regulations, the team behind Sparta decided to shut down the project and move on. Alternative plans, such as giving tokens as funding, proved unfeasible. Despite their efforts, they could not find realistic alternative ways to fund their startups.

It is important to note that Sparta did not sell their tokens; instead, they gave away a small amount for free through partners. As a result, the project is not obligated to reimburse individuals who received these tokens. However, you are advised to check if the project that distributed these tokens has a replacement token. It is also crucial to highlight that Sparta is not associated with the SPARTA token listed on CMC. Another entity shamelessly copied their token name and ticker and launched it on Binance Chain in 2020, subsequently listing it on the Binance exchange and CMC.

If anyone purchased Sparta tokens from an exchange before July 2021, they can contact the project to inquire about the possibility of reimbursement. The team will investigate the source of the tokens and potentially reimburse using their funds. It is worth noting that all trade volume conducted on Tokpie is considered fake. Sparta will transfer all their social media accounts to Crypto Startups, a project that seeks traditional startup investors to finance crypto-related startups. The announcement states that the website will remain online for one year, giving individuals ample time to process this decision.