Spark Luxury (SLUX) is the real-world asset yield token of the Spark Compass ecosystem. Own a fractional stake in 9 luxury vehicles and 5 yachts through an owner-leaseback structure — earning quarterly yield as the fleet generates revenue. 3.2% base yield growing to 5.36%. Backed by the same $1.54B patent estate as SPQX and SPRK.
SLUX is backed by a portfolio of confirmed and planned real-world assets — 9 luxury vehicles and 5 yachts in an owner-leaseback structure. Each asset generates three revenue streams: charter/rental income, asset appreciation, and SPRK bonus token distributions.
SparkSea fleet generates charter revenue at $35–55K/week (Destiny) — the highest-yield asset category in the SLUX portfolio. Primary base: Palm Beach / Miami / Fort Lauderdale. Secondary deployments across Mediterranean and Caribbean.
Luxury vehicle fleet across Puerto Rico and continental US. Owner-leaseback with managed event deployment — McLaren weekends, F1 experiences, and premium drive programmes generating ongoing yield. EV fleet eligible for Act 60 EV exemption.
Each SLUX fleet asset generates revenue through three channels — charter/rental income, asset appreciation, and SPRK bonus distributions. Yield grows progressively as the fleet expands from confirmed assets to full portfolio deployment.
Direct income from yacht charter ($35–55K/week for Destiny) and luxury vehicle leaseback. The primary yield driver — real revenue from real bookings in real markets. Quarterly distributions paid to SLUX holders from net charter proceeds.
SLUX holders benefit from portfolio NAV growth as confirmed assets move to final contract, planned assets are acquired, and the fleet matures. Proper maintenance and strategic deployment support long-term appreciation in the luxury maritime segment.
Dual SLUX/SPRK holders earn bonus SPRK tokens on fleet charter events. Every Destiny booking, every McLaren weekend, and every aviation leg generates SPRK — redeemable across the full Spark Compass ecosystem globally.
| Phase | Fleet Status | Annual Yield | Primary Revenue Sources |
|---|---|---|---|
| Base (Now) | Confirmed assets only | 3.2% | Destiny charter + owned vehicles |
| Phase 2 | Final contracts complete | 4.1% | Full PR fleet + expanded charter base |
| Phase 3 | Planned assets added | 4.8% | Touch 120ft + Predator + EV fleet |
| Target | Full 14-asset portfolio | 5.36% | All assets active · 3 revenue streams each |
SLUX shares the same $1.54B patent collateral backing as SPQX and SPRK — 13 awarded patents across 6 jurisdictions, owned by Erik Bjontegard through 9th Wave IP LLC. TCS holds exclusive platform license rights as the operating entity for SLUX issuance. Full technology credentials at About Spark Compass.
IP Structure — Clean Separation: 9th Wave IP LLC (Erik Bjontegard, owner) holds all patents and trademarks appraised at $1.54B mid-point (January 30, 2026). TCS d/b/a Spark Compass holds exclusive platform license rights — the operating entity for SLUX issuance. Licensing strategy: hybrid license-first. Active discussions with major technology companies. Royalties flow through the TCS license agreement to support token yield.
SLUX is structured as a real-world asset revenue-participation token — every token represents a fractional claim on fleet charter income, backed by physical assets and the $1.54B patent estate.
| Tier | Investment | Access & Benefits | Yield Multiplier |
|---|---|---|---|
| Entry LTO | $1,000 | Limited Time Offer · Whitelist only · Pre-launch | Base |
| Bronze | $10,000 | Fleet access + quarterly yield participation | 1.0× |
| Silver | $50,000 | Priority booking + charter discounts | 1.15× |
| Gold | $250,000 | Fractional ownership rights + governance | 1.35× |
| Platinum | $500,000+ | Full governance + co-investment in new assets | 1.5× |
SLUX is structured under Act 60 by Alberto Baco Bagué — the architect of the legislation itself. Tourism credits, EV exemptions, and 0% capital gains combine to maximise yield passed through to token holders.
Former Secretary of Economic Development of Puerto Rico — the official who personally designed Act 20, Act 22, and Act 60. Optimising SLUX's yacht charter tourism credits, EV exemptions, and capital gains structure under a single unified decree strategy.
Capital adviser to the Spark Compass token ecosystem. JW's HNW network provides institutional-grade capital access and Reg D fast-tracking. JW is keen on tokenization and actively engaged in SLUX discussions. His input is being sought as offering terms are finalised.
Inventor and author of Patent Power. Erik holds the $1.54B IP estate through 9th Wave IP LLC and personally oversees the Destiny acquisition, SparkSea charter operations, and the full SLUX fleet portfolio. Full company history at About Spark Compass.
Three phases — formation, fleet activation, and first quarterly distribution — targeting full yield on the 14-asset portfolio by Q4 2026.
The SLUX whitepaper covers the full fleet portfolio, owner-leaseback mechanics, yield model, Act 60 optimisation, legal structure, and risk factors.
Covers: fleet portfolio · owner-leaseback mechanics · yield calculation model · tier structure · Act 60 optimisation · legal framework · risk factors · exit provisions · tokenomics.
No spam. Whitepaper distribution to accredited investors only.
Register for priority whitelist access, Silver+ pre-registration opening May 1, 2026, and the full SLUX Investment Memorandum including Act 60 analysis and fleet portfolio detail. Launch: July 13, 2026.