Is the platform already in-use by k-pop industry or not yet? And in case they have, who were the first k-pop stars that benefited this platform? Or still in the development stage? When will they start to operate?
Hello. Thanks for your question. The platform isnt being “used” by the indistry other than the fact that we help promote kpop stars to our userbase. Other than individual stars, we are currently working with major broadcasting companies to help promote their programs. We are still currently developing our new platform to expand our BD! |
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I like your idea, I think if users will benefit from the platform, we can expect a steady growth of the system. Do you offer bounty company or other promotions?
The KStarCoin project really launched a bounty program, but it ended during the pre-sale. Now users can participate in Airdrop. Add to several social networks of the KStarCoin project, register on the exchange and now in the pocket of 200 tokens https://promo.latoken.com/kstar-airdrop?utm_source=kstar |
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Look at your price listed on the etherium, do you allow only this crypto currency to buy tokens or can I use something else?
Yes, we created a KSC token based on Ethereum blockchain and use only this currency for purchase. |
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How can the kstarcoin platform solve the problem of fraud ticket sales and make them more accessible?
To solve the problem of illegal sale and resale of tickets, the KStarCoin project introduces the following system. It’s a blockchain based event ticketing protocol in the process of buying and selling tickets through cooperating with booking companies, entertainment agencies, and even with fans. Decentralized ticketing issuance and tracking protocol will be able to block ticket scalpers, who typically buy the large number of tickets and re-sell them on numerous different sites. But what about those users who are forced to sell their ticket if they cannot, for some reason, attend a concert? They are not intruders, but simply people who are not lucky to see their idol The system will realize the possibility of an anonymous sale of a smart ticket. However, it will be automatically done within the decentralized infrastructure of the protocol. This ensures that ticket trades are done safely and within a set price margin. |
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What are the benefits for token owners? Do you plan to reward KSC holders if they don’t immediately sell tokens, but keep them?
Holders of KSC tokens will be able to enjoy the privileges (perhaps it will be discounts) when they buy goods of Korean brands that cooperate with the platform and can participate in events including a VIP where you can meet with the k-pop stars. We are also negotiating with our partners in order to determine what bonuses can be received by holders of KStarCoin, depending on the number of coins you are holding at certain blocks, there will be an Airdrop bonus of KStarCoins on an annual basis |
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In the project description, you write that you plan to sell Korean brand products through the platform or using tokens as a unit of payment. Will you really be a distributor to sell these brands? Or what is the deal?
The use of blockchain technologies that are implemented on the KStarCoin platform allows you to buy cosmetics easier and cheaper. One of the reasons for the high price of K-beauty products is the complicated distribution process. A blockchain platform will be the mediator of distribution and the middlemen will be gone. Therefore, the price for the distribution is almost zero. This is an innovative way to get rid of useless, pricey middlemen. |
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How can the kstarcoin platform solve the problem of fraud ticket sales and make them more accessible?
To solve the problem of illegal sale and resale of tickets, the KStarCoin project introduces the following system. It’s a blockchain based event ticketing protocol in the process of buying and selling tickets through cooperating with booking companies, entertainment agencies, and even with fans. Decentralized ticketing issuance and tracking protocol will be able to block ticket scalpers, who typically buy the large number of tickets and re-sell them on numerous different sites. |
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When do you plan to add KSC token to the crypto exchanges? Immediately after the end of the ICO sales period or later?
Now the sale of tokens is suspended because the first round of sales has ended. But we already cooperate with Latoken exchange. KSC tokens will be credited to your account immediately after payment. Further placement on the other exchanges is planned after the end of the main sale. Follow news on social networks to find out when the second round of sales will begin. Participate in the airdrop program https://medium.com/@KStarCoin/200-kstarcoin-ksc-airdrop-event-on-latoken-666dea796049 |
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If I become a member of the platform, what kind of activity will be profitable?
KStarCoin ecosystem participants who create high-quality content (articles, videos, etc.), as well as facilitate the arrival of new users on the platform will be rewarded with loyalty tokens. After you can use your KStarCoins to get extra goods and services for yourself or participate in a charity gift collection for stars and another activity. |
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Hello. I belive that this project will have nice future. After I buy tokens and you launch the kstarcoin platform, will all the features be immediately available or what functions can I use first?
Platform development will be gradual. First we will release a ticketing platform and after we wil launch KStarCoin Crowdsale Platform. You will find project planning on the website in the road map section https://kstarcoin.com/. |
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Hello guys, you have a very promising project. Do you use only ETH for payment or maybe you will allow other currencies too?
Hello, thank you. We have released KSC token using Ethereum technology, so for the purchase of tokens you need to have this cryptocurrency. In the future, you will place it on a larger number of exchanges, and it will also be possible to exchange Bitcoin and possibly Fiat currency for a KSC tokens |
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Why is it important to make a decentralized structure that is not based on a single payment unit? Shouldn't you make a token with one currency for all structures that will be your partners? Our proposed consortium is different due to the fact that it is not specified to one field or industry and is open to any category of business. We will allow members to issue tokens on top of our platform. The consortium will have similar token agreements and regulations to ERC20 and will also have DApp agreements. By complying with the token agreement as well as the DApp agreement, the DApp operators will be able to give authorization for other tokens to be used on the DApp. Simply put, users will be able to use any token built on the platform on the DApps inside the consortium. This would make it simple for the consortium to develop a decentralized exchange in the future, if needed |
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How to present yourself to investors in order to stand out among other projects is not an easy task. How do you want to solve it?
KStarCoin is KStarLive’s Cryptocurrency that will be integrated into KStarLive’s Hallyu Community. Yes, our project is also related to entertainment, but due to the fact that more and more people are becoming fans of Korean culture, we are confident that we can successfully compete with other blockchain projects. Currently, fans of Hallyu are creating valuable, high quality content on SNS platforms that generate monetary value. However, all of the profit generated by the content is currently kept by the SNS platforms. Using KStarCoin blockchain technology, we will be able to accurately give back value to our users |
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Will your wallet use cold and hot data storage to improve security? Or maybe you use other methods?
Not, we don’t use two types of storage but we have made several security updates for platform. User will be able to set a lock for a minimum balance. It will take 12 hours to lower this balance. For example, lets say a user had $3,000 worth of KSC and had set the minimum balance at $2,000. If the account were to be hacked, the hacker will only be able to withdraw $1,000 worth of KSC. It allow the user 12 hours to see that their account has been compromised and to take action |
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How can I manage tokens? That will allow me to make a profit from participation in the project for a long time
Owning KStarCoin tokens, you can send them to crowdfunding, receive privileges and discounts from companies that work with the platform, you can pay for goods and services, or use a wallet to store funds safely. You can read about all the possibilities in this article https://medium.com/@KStarCoin/what-is-kstarcoins-benefits-2d93fc107025What about bonuses for storing tokens? If the user is in no hurry to sell their tokens on the exchange, which helps maintain value, then he will somehow be rewarded? Yes, we plan to provide this type of bonuses. We are also currently in discussions with various blockchain content and production partners, and we will 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). |
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Do you still sell tokens? I do not see the dates on the site. Do I need to provide documents for KYC verification?
KYC is not a prerequisite for participation in the sale of KSC tokens, but it is necessary to receive airdrop bonus. Now we have completed the first phase of the sale and will soon announce the next stage and publish the dates. Stay tuned and follow out telegram https://t.me/kstarlive |
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So many problems now arise with copyright protection of content. How can you confirm that this particular user is the author of the material, and does not post the stolen?
Blockchain technology allows better regulate issues of authorship. The blockchain can introduce a level of transparency into the data space that is currently not available. Because the blockchain is a decentralized ledger that is immutable, transparent and easily auditable, it can enable users to have control over their data, including what data is being shared and who it is being sold to. But it turns out, if the material was not previously announced on the platform, then it is impossible to prove the authorship? The blockchain will allow you to track content that has been published on the platform. If one user has already entered such information, another will not be able to use his materials to get bonuses for himself. |
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