KSTAR COIN - The 1st Hallyu Crypto Currency by KStarLive.com

brainerdpaul (-2)(1)in #ico • 6 years ago

INTRODUCTION

The Blockchain is a rapidly growing technology that is engulfing every possible business domain. Therefore, many reports published have predicted a huge rise in the Blockchain market. According to reports, the Blockchain market is expected to extend to over 20 billion dollars by 2024. It is counted in one of the most promising new technologies that are hoped to change the future of businesses and the internet.
Basically the rise of cryptocurrency and subsequent attention brought to blockchain technology has prompted nearly every industry to evaluate the benefits of integrating the technology into their operations. One such firm at the forefront of blockchain innovation is KStarCoin

What is KStarLive.com?

KStarLive is a global Hallyu news media, showing fans around the world content on K-star, K-pop and K-drama.
Currently fans and content creators around world are producing high quality Hallyu content in the form of video, pictures and etc. KStarLive introduces fans around the world to selected high quality content in the view point of the fan themselves. A number of Hallyu-related video contents produced by various media and fans around the world is selected, and provide the content of the selected videos in English to Non-Korean speaking fans. Established on May 2016, we have reached 8M followers in October 2017.

The main content of KStarLive.com is composed of things that fans can sympathize with and are interested in but were not able to reach before, such as “idols performing in the rain at Korean university festivals,” “behind-the-scenes footage of popular dramas,” and breaking news stories like love scandals. The use of the name “K-Star” extends the K-Star brand, which is well-known for K-Pop, K-Drama, and K-Beauty, to become the comprehensive K-Star, which easily captures the various cultures and products it stands for.

Visit the links below for more details on KStarlive
KStarLive.com Facebook : hppt://www.facebook.com/kstarlive
KStarLive.com Website : hppt:// www.kstarlive.com

Fundamentally the KStarCoin which is a blockchain-based cryptocurrency on Ethereum ERC20 was developed to enable decentralized exchange and all forms of smart contracts by utilizing Ethereum’s safety and technology. KStarCoin is able to activate P2P-type transactions between individuals even before registration, and is optimized to implement smart contracts that require high reliability and transparency, such as crowdfunding campaigns and payments.
Therefore, KStarCoin can be used for various Hallyu-related business transactions, such as “K-Pop performance crowdfunding,” “K-Star performance ticket sales,” and “K-Star goods sales,” through our own platform developed from blockchain technology, which will be the center of Hallyu-related currencies that are traded securely and actively between KStarLive.com’s over 8 million followers and Global Hallyu fans

Why KStarCoin Token Economy?

EXISTING PROBLEMS

[Concerts / Events]
• Global fans do not have the opportunity to attend concerts and shows like domestic fans
• Tickets of scalping problems: Performers, fans, and the show’s organizers are all affected

[E-Commerce]
• Lack of media to introduce products
• different payment methods for each country

[Communication with Kstar]
• It’s hard for global fans to communicate and meet Kstars
• global fans lack the means to send gifts or letters to favorite Kstars there like domestic fans

What is KStarCoin's Benefits?

Crowdfunding with KStarCoin
• Funding Participants: Participants will be eligible to share in concerts and events profit, which will be paid via KStarCoin. For VIP funding participants who support their favorite stars and reach a certain VIP funding threshold, KStarLive will be providing VIP tickets and also opportunities to chat with the stars directly.

• Ticket Buyer: Events/promotions will be held via KStarLive and tickets can be purchased at a discounted rate when bought with KStarCoin. Also special VIP tickets and limited edition goods will only be available for purchase with KStarCoin.

• Ecosystem: Decentralized ticketing issuance and tracking in partnership with entertainment companies and event agencies will enable the ability to block ticket scalpers, who typically purchase large number of tickets and re-sell them at 2 to 3 times the price on numerous different sites.

Commerce with KStarCoin
• Customers: Customers who purchase with KStarCoin can receive discounts and bonus items.
• Product Suppliers: Depending on the amount of KStarCoin the Suppliers has the greater the discount. Payments for advertising fees, etc. can also be paid with KStarCoin.
• Loyalty Points: Every purchase made with KStarCoin, we will be providing membership points which can be converted into KStarCoins.
• Ecosystem: We will be working to partner up with numerous remittance and payment partners and will also have an internal currency exchange system, which will allow many of our fans in South East Asian countries who have had a hard time with the lack of payment channels in their homeland.

Long Term Holders of KStarCoin

• For supporters and holders of KStarCoin, dependent on the number of coins you are holding at certain blocks, there will be Airdrop bonus KStarCoins on an annual basis. We are also currently in discussions with various blockchain content and product partners and will be Airdrop partners coins as well.
• For supporters who continue to hold coins across a range of blocks (to be determined in the future), we will continue to provide benefits and bonuses (both tokens and products).

Reward for KStarCoin Users in the Community
• KStarCoin will be rewarded to fans who are active at the community in the platform. By this, fandoms will be more active and will be rapidly growing.
• Hallyu stars will have various benefits once receiving KStarCoin from fans. Stars will be able to exchange things with fans in our platform.

Safe Deposit of Coin
• KStarCoin will be taking detailed procedures and protocols to ensure the safety of our users coins, which will include safe deposit of coins on hard wallets. Please contact [email protected] if you would like further details on these protocols.

Lock-Up for Founders, Team, Advisors & Partners
• Founders, Team Members, Advisors & Partners will be restricted from making any KStarCoin transactions for 6 months, after listing on its first exchange. Our belief, support and commitment to maintain stable coin market value is our number one priority.

COIN AND ICO DETAILS

KStarCoin is a blockchain-based cryptocurrency on Ethereum ERC20.

• Symbol: KSC

Type: ERC20
Price: $0.05
Total Supply: 1,000,000,000 KSC
Soft Cap: 90M
Hard Cap: 450M

Coin Distribution and Use Of Funds

Economy of Double Token

KStarCoin’s token economy consists of 2 tokens and is uniquely designed to be beneficial for token holders, dapp developers, partnership firms and all other participants of the ecosystem.

KStarCoin(KSC) will be used for purchasing exclusive goods or services such as concert ticketing, crowdfunding and exclusive licensed goods. Depending on the amount and time held, you can be eligible to receive additional benefits.

KRCoin(KRC) is South Korea’s stable coin,with the purpose for real day to day commerce and transactions. It will be pegged to the Korean Won and will operate in a high speed blockchain platform to enable free and fast transactions.

By being active on KStarlive’s community platform,users will be able to get KRC in rewards as well as KSC in selected bonus rewards when applicable.

ROADMAP