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1  Alternate cryptocurrencies / Announcements (Altcoins) / [ANN][STAR]STARCOIN, Blockchain Payment Gateway System for Entertainment Market! on: December 20, 2017, 08:13:53 AM
STARCOIN
Blockchain + Entertainment Business Models
Blockchain Payment Gateway System

STARCOIN is a coin that can be used on-line and off-line, created by combining blockchain-based coins, such as Bitcoin (BTC), Ethereum (ETH), Ethereum Classic (ETC), Ripple (XRP), Litecoin (LTC), Bitcoin Cash (BCH), Monero (XMR), Quantum (QAU) and Dash (DASH), which are currently being circulated, with entertainment business models.

STARCOIN can be used in various ways. To be able to use for K-pop stars’ concert tickets, joining fan clubs and fan meetings, and purchasing MD goods, PG is developed and linked so that checking the products and making payments at once are possible.

STARCOIN makes it easy to purchase stars’ concert tickets and merchandise. Also, it is easy for not only domestic but also overseas fans to use, so it will be easier to communicate among stars and fans around the world.

STARCOIN aims to become a global payment system in the entertainment market.

<ABOUT>


- Invest marketing costs on stars who are likely grow globally
- STARCOIN-based fans become USERS, who use STARCOIN when purchasing albums, MD merchandise, concert tickets, etc.
- Develop to enable STARCOIN payment in connection with accommodation and tourism in the areas where concerts are held
- Blockchain Payment Gateway is a system that allows STARCOIN to make contracts and settle payments with agencies, goods merchandise malls and accommodations, on behalf of domestic and international fans who have difficulties in international payment.

* As the number of fans increases, the number of STARCOIN users increases; the value of COIN increases, according to the increasing speed of fans.

<MARKET ENVIRONMENT>

- Tremendous growth rate of the entertainment market
- About 300 million K-pop Korean Wave (“hallyu”) fans

- About 10 million Korean Wave fans are visiting Korea every year
- Among them, the number of those who visit Korea to see K-pop stars has been increasing by more than 300% a year

 Problems arising!
1) Various difficulties arising from different payment methods (especially in Korea, making payment is only possible when ActiveX is installed)
2) Due to strict credit card issuance standards, international use is not free
3) Many problems arising from different languages between countries (ticket authentication)
4) Inconvenience in purchasing albums or MD merchandise of artists supported by fans at concerts

<FEATURES>

As the use of STARCOIN increases, the value of COIN increases!

Star Activities >> Increase in Number of Fans >> Increase in Number of STARCOIN Users

* Fans can participate in star activities (albums and MD merchandise, concerts and fan meetings) only through STARCOIN.

Increase in the Number of Fans > Increase in the Purchasing Power of STARCOIN > “Virtuous Circulation Structure” that Increases Brand Value and Market Value

<TECHNOLOGY OVERVIEW>

Existing Blockchain Services
- Existing blockchain technology cannot control add-on-related development.
- Considerable burdens in terms of network infrastructure, development, security, and maintenance are involved.

STARCOIN Blockchain Service
Adopting a similar approach to existing blockchain deployment, provide an exclusive, private blockchain according to business requirements
- Maintain safely within the blockchain
- Eliminate unnecessary burdens on business
- Maintain the advantages of blockchain-based solutions
- Powerful API and lightweight web-based client services

* STARCOIN is cloud computing, very suitable for providing blockchain services.

<TECHNOLOGY>

1. Cryptocurrency
- Plan to build a private blockchain by directly handling the blockchain core
- Plan to design so that the rate of currency transfer will be several tens of times faster than before

Private blockchain refers to a blockchain that is used exclusively by one agency
E.g.) IBM Blockchain Platform (STARCOIN is built as a private blockchain)

For those who purchase STARCOIN for the first time, they will receive personal wallets from the STARCOIN headquarters, and if STARCOIN becomes listed on the exchanges afterwards, the relevant exchanges will generate web wallets and send wallets separately, enabling selling and buying of STARCOIN.

2. Payment Gateway (PG)
- In Korea, content exports are not actively promoted due to government regulation, compared to the popularity of Korean Wave and the rich contents of entertainment.
- Overseas, various virtual currency payment methods, such as Alipay and PayPal are available.

- Develop payment gateway (PG), which enables fans to participate in Korean Wave worldwide, through blockchain (Blockchain Payment Gateway System)
- Develop STARCOIN payment gateway (PG) to be used as a global entertainment payment method, not only in Korea but also worldwide

* Expected to develop so that when module is provided, link protocol data will be distributed together, enabling general sites to be easily linked within 1-2 hours
* Services (watching dramas, MP3 downloads, MD merchandise purchases, O2O service, etc.)
* When STARCOIN is sent by pressing the payment button, the payment will be complete immediately (within 10 seconds), the companies will provide the services, and the companies will make progress with the official operator of the STARCOIN Foundation on tasks, such as payment settlement (payment cycle is 1 week).

3. Implementation of ‘Integrated Contents Sales/Payment Settlement System’ Technology through Blockchain

Blockchain Copyright Management and Payment Solution
- It is a system that enables to recognize real-time sales immediately, if a production agency signs up for the blockchain copyright management and payment solution provided by STARCOIN, uploads the copyright, and forwards module or API to the desired affiliates.
- Until now, information about copyright is known based only on the statistics forwarded, and it is actually difficult to directly check the manager page.

* In the beginning, credit cards and STARCOIN can be used together, but if one experiences that the sales confirmation of copyright is securely managed in one place in real time, then it is expected that only STARCOIN developed with blockchain will be used in payments, rather than so many different payment methods by country.

- Automatically issue ‘Contents Code’ to all registered contents
- Develop a system that distinguishes real-time view status, sales status, etc.

<TECHNICAL DOCUMENT>

Coin Name: STARCOIN
Coin Abbreviation: KST
Coin Type: Bitcore series
Hashing Algorithm: Scrypt-Chacha
Time Between Blocks (in Seconds): About 150 seconds
Block Reward: 100% pre-mine
Block Reward Halving Countdown: No half-life
Total Coins: 6,000,000,000
Daily Block Count: 1 block every 2.5 minutes 24 hours * 60 minutes / 576 times in 2.5 minutes
Coins Generated Per Day: 0 coin (pre-issue method)
Maximum Block Size: 1M

<USE>

STARCOIN is used in all areas of star activities / Payment is possible only with STARCOIN

* Stars’ activities have diversified and fans’ activity area has broadened, which will exert influence in various ways.
* Because STARCOIN is used in such activities of fans, it plays a role in creating another platform for the activity culture of the fans.

STARCOIN use increases through STARCOIN payment system when participating in star activities.

<HOW TO PARTICIPATE>


1. Purchase STARCOIN
- Install STARCOIN Wallet through Google Play
2. Install Wallet
- After STARCOIN installation, transfer coins as much as STARCOIN purchased with the wallet installed
3. Transfer STARCOIN
- Transferred STARCOIN is used as a payment method when participating in the star activities
4. Use STARCOIN
- STARCOIN transaction is possible through STARCOIN exchanges, creating profit as high as rise in value
5. Exchange STARCOIN

<CONCEPT>

- Develop a platform payable with STARCOIN Wallet
- Develop as web- and app-based platforms (app is developed as a hybrid app, and coin wallet is developed as a native)

<CONTENTS>

1. STARCOIN Sales Office
- STARCOIN sales office reduces the complicated authentication and transaction procedures of exchanges and makes it easy to purchase with cash/account transfer and mobile coupons (No sales to a person under the age of 19).
- Purchased STARCOIN should generate a STARCOIN Wallet within the STARCOIN platform, and DB security must be processed to make payment available any time within the platform.

2. STARCOIN Mall
- STAR products (concerts, fan meetings, merchandise) are available for purchase with STARCOIN held on My Page at STARCOIN Mall. Payment convenience provided. Actually, coins must circulate (needed for node scalability).
- Members with insufficient or no STARCOIN can purchase from STARCOIN sales office or exchange and use. If members want to use the platform from external wallets, then they can use it through the coin transaction procedure.

3. STARCOIN Merchandise (Goods, Fan Meetings) Payment Screen
- Show the number of coins to pay by importing the exchange rates, and configure to import real-time amounts by refreshing, when displayed on the payment screen
- When making a purchase decision, notify when a change occurs by informing of the correct number of coins to pay with a pop-up window

4. STARCOIN Concert Screen
- When making a concert payment, seat selection is available.
- The function to select and purchase seats is developed in Ver. 2.0.

5. STARCOIN PG
- STARPAY payment is available after logging in to the STARCOIN platform and displaying the number of coins
- Function to purchase coins per price real-time

6. STARCOIN Home Page Development
- STARCOIN Introduction (Investment/Stars/Application Plan)
- About Company/News/Announcement/Contact Guide

<FUTURE PLANS>

STARCOIN Wallet has been opened, and STARCOIN will be listed on its own exchange and domestic/international exchanges in the future.

October 2017: Open STARCOIN Wallet
Early November 2017: STARCOIN Home Page Renewal
Mid-November 2017: Contract with iMe’s Southeast Asia Performance
Late November 2017: Listed on International Exchange
Early December 2017: Contract with Domestic Dream Concert
February 2018: Listed on Large-Scale Domestic Exchanges (Expected)

Concerts and Festivals

> Domestic Performance
Contract complete with The 2018 Dream Concert for official sponsorship!
- Apply STARCOIN payment system to the biggest K-pop concert in Korea through contract with the greatest K-pop performance organizer, Korea Entertainment Producer’s Association
- A concert that K-pop fans not only in Korea but also overseas participate, a performance that can contribute a lot to the promotion and use of STARCOIN

> Overseas Performance
Contract complete with global comprehensive production agency iMe for STARCOIN payment system application!
- iMe is Asia’s largest comprehensive entertainment with network system not only in Korea but also all throughout Asia including China, Hong Kong, Singapore and Thailand
- iMe holds large-scale performances in Asia more than 20 times a year
- Contract with iMe will enable ticket purchases for performances through STARCOIN payment system; STARCOIN will support with marketing expenses
- Just iMe’s K-pop performance sales in Asia has reached 100 billion won
- Apply STARCOIN payment system to all performances in Southeast Asia held by iMe and proceed with strategic marketing to make STARCOIN to be used through STARCOIN payment system
- Prepare sufficient capacity to connect with STARCOIN’s rise in value through the use of STARCOIN

Concerts + Fan Meetings + MD Goods > Expansion of STARCOIN Users > Increase of STARCOIN’s Brand Value and Market Value

* STARCOIN users will process payments with STARCOIN, and STARCOIN plans to increase the market value of the COIN through STARCOIN transactions.

* Expand use by making progress on marketing so that STARCOIN will be available online/offline in various locations
* Increase the number of users through expansion of use, and increase the exchange volume of STARCOIN

Induce Ticket Reservation with STARCOIN
- Support with promotional expenses at the Daehak-ro Concert Hall
Induce Payments with STARCOIN
- Support newly opened stores with promotional expenses
Use as an Online/Offline Payment Method
- Issue STARCOIN gift card/check card

<VISION>

Initial Users of STARCOIN
- Fans’ use of STARCOIN in the areas of star activities

Users of Domestic Online Sites and Offline Stores
- Increased use of STARCOIN by supporting offline stores and businesses with marketing costs and events

Domestic and International K-pop Content Users (Concerts, Fan Meetings, Merchandise, etc.)
- Apply STARCOIN payment system through contracts with concerts and big performances

* By December 2018, the number of STARCOIN Users is expected to expand up to 2 million.

<Block Explorer>


http://www.starcoinblock.com/

<Exchange>

- STARCOIN is the first in Korea to be listed on a foreign exchange.
- CoinComing (http://trade.coincoming.com) in Hong Kong

<Website>

http://www.starcoin.tv/

<Social Media>


Facebook: @STARCOIN

<Contact>

Email: starcoin@starpay.kr
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