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Our Connection with IBOM

A Brief History

Nearly 20 years ago, a group of pioneers began working with a network of visionary businessmen who encouraged them to launch their own ventures. While most people didn’t initially adopt the business methods used, this collaboration eventually led to a partnership with IBOM, a bank based on Bougainville Island.

At the time, IBOM offered something unheard of: 75–100% monthly interest, compounded. Naturally, this attracted a lot of attention—but it also created challenges. Around 2015, IBOM made the decision to shut down due to unsustainably high balances. Clients lost access to their funds overnight.

A New Beginning: The Birth of SPURT Sing with us!

Fortunately, the original founders had a contingency plan in place—Unfulfilled Expectations. Using this plan, the IBOM administration launched a new system built on a digital currency called SPURT.

Former IBOM clients who chose to move forward had their entire balance converted into SPURT, preserving their value. Those who declined the offer unfortunately lost access to their funds permanently.

Important: IBOM was completely shut down. No one retained access to the old accounts.

Fast Forward to Today

Years later, King David, IBOM’s leader, reconnected with us, expressing regret over the bank's closure. Now, IBOM has announced something extraordinary:

IBOM will now recognize original SPURT balances and back them with gold.

This means:

  • IBOM is reopening its system through SPURT
  • Clients will be eligible for monthly payments in the currency of their country, based on their location and balance
  • SPURT remains the exclusive currency used for all interactions

How to Reconnect

If you're a former IBOM client and wish to rejoin and accept a monthly payment in your own currency, here's how:

  1. Pay a $12 activation fee
  2. Complete the registration form (see: “SPURT Gold-Backed”)

Once you're activated, and IBOM is ready, you’ll start receiving monthly payments based on your SPURT balance.

Please Note:

Some clients already reconnected with IBOM in 2023 and chose to:

  • Return their SPURT balances
  • Reopen their original IBOM accounts

These clients may have unknowingly opted out of the SPURT system. You cannot benefit from both systems. If you’ve switched back to IBOM, your participation in SPURT has ended. In case this is not your wish, please contact us per email or LiveChat.

⚠️ From now on, IBOM will only work through SPURT. Direct contact is no longer available.


Looking Ahead: The SPURT Shop

We see this renewed relationship as a powerful opportunity. Together, we aim to grow the SPURT economy, with one of the most exciting developments being the SPURT Shop.

There, clients will be able to:

  • Buy products and services
  • Use SPURT as their primary payment method
  • Participate in a borderless, community-driven economy

This is just the beginning.

Let’s move forward—together with SPURT.