Latest posts of: rajesh0616

IDOL COIN
An Idol supporting coin "IDOL COIN" has been revealed!
Join the discord:https://discord.gg/tB9yA2g and post your ETH address to receive 20,000IDOL!
In addition①Follow the twitter account②RT&Fav the tweet③DM your ETH address to the twitter account to receive another 20,000IDOL!
Twitter account: https://twitter.com/IDOL_COIN_
Website: https://idolco.in/en/
$IDOL #airdrop

Airdrop Note
Thank you for your applications to the Airdrop. We have received several reports telling us that Twitter's reply DM has not arrived.
According to the specification of Twitter, there seems to be a case where no DM reply is sent for those who have the "Receive message request" setting turned off.
For those who only sent their ETH address, the registration has been successfully completed.
As a countermeasure, we have added a Discord bot command for confirming your airdrop application. By executing "!check ETHアドレス" on the bot channel, you can check whether your registration was successful on Discord and Twitter.
Another way is to turn on "Receive message request", delete all the previous conversation log on DM and reapply.
Even if you try the above method, but still can't get a OK, we can always help by receiving a DM on Discord

What is IDOL COIN?
It is an Ethereum token created by a group of idol and crypto fans. The purpose of the development is to cheer idols, interact more closely with idols, and support idols more directly. With our will to bring smile to idols and their fans, we have created the coin. The industry may seem gorgeous, but only part of the idols are able to get on major shows. Many people are aware that aspiring idols, including underground idols live a tough life, as many offices enjoy the intermediate kickbacks. With IDOL COIN, we’d like to create a system where direct support of your favorite idol and idol groups is possible, so that the idols can concentrate on their performance, rather than spending time for their part-time job. In addition, we’d like to create a unique economy though tipping and goods sales of idols supported by IDOL COIN, and even provide concerts for the idols.

Analysis
Current status of the idol industry
Idols such as "AKB48", "Morning Musume.” and "Arashi" are loved by fans all over the world. The market size of the idol industry is forecasted to increase by 20.6% compared to the year before in FY 2016 (187 billion Yen), and to 210 billion Yen in FY17, according to Yano Research Institute. However, the working environment of the idols is not necessarily good. Severe competition, hard work regardless of day and night, and yet the idols have to burden the fees for singing and dancing lessons, and the salaries of aspiring idols are cheap, thus part-time jobs are normal. There are many places that needs improvement. Even if the idols manages to debut in major shows and concerts, there are various kickbacks such as for sales of CDs where record companies and idol offices take most of the profit, and salaries that are actually paid to the idols are 1% of the sales. The average monthly income is as cheap as 127,000 yen. The goal of IDOL COIN is to improve the current situation of the idol industry, and to make every idol and fan smile.

Solution
Making the idols and fans smile with direct interaction

IDOL COIN aims for a world where both idols and fans can smile. So what are we actually going to do. In order to make IDOL COIN a connection of the idols and fans, we will first develop a tipping system. With this, one will be able to directly tip to his/her favorite idol. Still, this is something still possible with other coins. We will take a step ahead, and build an election system as well. Just like a election ticket accompanied in a CD, IDOL COIN will act the same role. Part of the token will also be burned every time a token is used for such service. A large number of tokens are expected to be burned. The total supply will decrease as it’s being used for the idols, and the value of each token will keep increasing.
In addition, we are setting our goal to the acquisition of an idol office when the price of the token rises. By acquiring shares and deepening relationships with the office, the range of services that IDOL COIN can provide will further expand. Also, we will work to become an office thinking first about our idols. By realizing this, idols will also be able to provide services to its fans more freely. IDOL COIN will continuously keep growing as a coin using the profit from the office.

Service
3 services using a common database

1. An idol tipping system using Twitter

In order to promote crypto currency to the idol industry, we will first develop a idol tipping system. In the current idol industry, the fans will but goods and concert tickets of his/her supporting idol, which becomes the idol office’s sales, and the idol will gain part of the sales. In other words, the fans financial support can only indirectly be passed to the idol through the idol’s office. Even if fans buy goods in large quantities, unfortunately they are not directly linked to the idol’s rewards as the office takes part of it. For this reason, the idols often have a part-time job as their salaries aren’t sufficient. By spreading the tipping system, supporting idols directly will become possible. We will first build a tipping system using twitter. Just by knowing the idol’s SNS ID, tipping to your favorite idol becomes possible.

2. UI-centric idol direct supporting application
There are many crypto currency tipping services. The reason why IDOL COIN is developing its own tipping system is the UI. Current services provided in the crypto currency industry tend to miss the importance of UI compared to its system. However, in order to become a popular service, UI is an important element. An easy-to-understand UI of the application is a major reason why Coin Check has become popular among numerous crypto currency exchanges (in Japan). For IDOL COIN, we will create a UI-centric idol direct supporting application (Next generation’s tipping platform).
Have you ever tipped? The majority of the current tipping service requires you to enter the address to be sent in order to tip. You can not get a reaction from the receiver at the spot, you do not know if the tipping has actually arrived and it is unenthusiastic. For the tipping platform that we will develop, people will be able to receive a reaction each time you tip. In other words, this service realizes truly interactive cheering and brings the distance between the fan and the idol closer.

3 Idol Concert supporting service
The IDOL COIN's tipping platform can be used as a content during concerts. A place where you can tip in real time during a concert will produce unprecedented sense of unity. Even if one can not go to the concert, he/she can still be part of the concert with his/her favorite idol. By using this system, an election event will also be possible. The UI will give you a unique experience, the enthusiasm as the tips are gathered while the concert is going on will bring innovation to concerts.

Marketing
Mechanism of price rise

IDOL COIN believes that raising the value of the coin is just as important as improving the service. We will increase the value of the coin with the two measures below.

Measure 1: 1% burn function
IDOL COIN, an ERC 223 token standard, has a burn function. We will prepare various services to distribute coins. Yet, having seen the current crypto currencies, the price does not improve as we believe just by having the coin distributed. Thus, we have decided to burn 1% of the coins used for every service. By decreasing the number of circulation by the burn, we will lower the PBR and increase the value per piece.

Measure 2: М&A of idol offices
By acquiring an idol office, it makes it possible for us to provide services that build more interactive relationships between fans and idols. Also, by purchasing coins with the income from the office and burning them on regular basis , we will return profits to coin holders just like a cancellation of buy-back shares. As a result, further price increase can be expected.

Specification
Specification

IDOL COIN is an ERC223 token standard. IDOL COIN implements Ethereum functions such as burn, lockup, and airdrops. The fact that there are existing services and wallets are another merit of Ethereum tokens, and can be used without extra risks.
By combining the top level UI-centric service developed by us with the top level platform Ethereum, IDOL COIN will demonstrate infinite possibilities.

Name: IDOL COIN
Total Supply: 77.7billion
What is IDOL COIN: A coin to make idols and fans smile
Mission: Acquisition of an idol office
How: Providing a UI-centric service visualizing fans support
Unique features: Part will be burned every time being used. Tokens will be bought by the income of the idol office and be burned

Roadmap
２０１８Ｑ３　Development of tipping system using Twitter

２０１９Ｑ１　Development of an Idol direct supporting application

２０１９Ｑ３　Development of a communication platform and Idol concert    supporting service　　
　
   Ｑ４　Development of voting system

２０２０Ｑ１　Acquisition of a mid level Idol office

   　　　Ｑ２　Selection of the first Idols supported by IDOL COIN

　　　　Ｑ３　Election and announcement of the first Idols

　　　　　Ｑ４　Implementation of token system to the Idol office

２０２１　Acquisition of Idol office in China, Korea, etc.

　　　　Development or acquisition of Idol live broadcast system


２０２Ｘ　Concert of Idol’s supported by IDOL COIN in big stadium

Future
Providing smile in Asia and all over the world though idols

In recent years, idols that you can actually go and meet became popular.
How will the relationship between idols and fans be different in 10 years?
Fans cheering the idols directly,
And the idols sharing their thoughts and reaction directly to the fans.

With IDOL COIN, we will build a unique economy,
Making the idols more familiar to the fans.
We will carry out various collaborations and system development to achieve them.

We will spread this unique economy from crypto currency industry to Japan,
Then to Korea, China, Asia, and all over the world.
Simultaneously, we will give place to perform all over the world for the idols.

More idols than before will be performing on concerts,
Creating a moment of happiness with its fans under the spotlight.
Such future should be ready after IDOL COIN’s continuous work.