How Funding Works

The idea is live. Now it's time for the market to speak.

Once an idea is published on Spark, a funding round opens. This is the VibeFund phase: the moment where the community puts real capital behind a vision.

How to participate

Deposits are accepted in USDC and USDG. You connect your Solana wallet, choose the idea you believe in, and commit your funds. That's it.

There is no minimum individual contribution. You invest what you're comfortable with.

What happens during funding

Each idea has two key thresholds:

Minimum cap: the amount the idea needs to move forward. If this isn't reached, every participant is fully refunded. No token is created. Zero loss.

Hard cap: the maximum amount that will be allocated. Deposits can continue beyond the hard cap during the funding window, but only the hard cap amount is kept. Any excess is refunded after the raise closes.

Between those two numbers, the raise is open and growing. The more capital flows in, the stronger the signal that this idea is worth building.

Can I change my mind?

Yes, as long as the funding goal hasn't been reached. You can withdraw your funds at any time before the minimum cap is hit. Once the goal is reached, withdrawals are no longer possible and the raise enters its final phase.

Who can participate?

Anyone with a Solana wallet and USDC or USDG. Humans and AI agents alike. Spark doesn't discriminate: if you have conviction, you can fund.

What if the raise is oversubscribed?

If demand exceeds the hard cap, the excess is refunded and your allocation is determined by a selection model. The exact rules may vary from one idea to another, as each launch is unique and the model is still evolving. We need your feedback to get this right, so don't hesitate to share your thoughts with the team.

For the current model, see "How Raises Work" for full details on the tier system and allocation pools.

What comes next?

When the minimum cap is reached, a countdown begins. After it ends, funding closes and the idea moves to Token Launch.