[ANN] KStarCoin - Blockchain for K-Pop Concert & Incentivised Hallyu Community

[Cloud4Y]

Hello. I heard that you want to develop your own blockchain structure. What you do not like existing systems?

The current structure of major blockchains and its reward systems have proven that nodes are not operated in “good faith” and ultimately major players that own bigger shares of the pie will control the trend. Ethereum’s POS structure and DPOS structures such as Steem and EOS may face bigger issues of concentration of power and wealth due to the fact that decisions are made on the basis of accumulation of stake. If nodes could operate and reach a consensus without the incentivization of wealth, it will have a major benefit. It would allow DApp developers to operate on top of the blockchain for free without having to worry about service fees (or also called “gas” in Ethereum).

And what do you propose to change in such a blockchain system?

Together with our partners we agreed on the creation of a consortium. 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.

[Cloud4Y]

I would like to know when the platform will be available to users and you can start working with it?

Hello. Thank you for you interest! Since we offer several services related to the sale of tickets, community support, cooperation with commercial services, these systems will be gradually launched. Blockchain ’soblo’ Main Net, KStarCoin Community and KStarCoin Concert Ticketing Platform will be launched until the end of the 4th quarter of 2018. KStarCoin Crowdsale Platform will start of her work in the beginning of 2019 year.

[GseaFred11]

I think kstarcoin will pick up a good demand. How will users be rewarded? Will you give them tokens or add points for activities and then they can be converted into coins?

[AtomicBlonde]

Do you plan to meet with investors and participate in blockchain events to make the project popular?

[Cloud4Y]

Hi guys, how are your sales going? Hope well? How long does your airdrop go? A friend told me about you, I would like to participate

Thank. November 9 ended the first phase of sales. We will announce the launch of the second phase soon. You can participate in Airdrop until the end of November. To do this, you need to register at the Latoken and perform a series of actions to get 200 bonus KSC tokens. Participation conditions you will find on the page https://medium.com/@KStarCoin/200-kstarcoin-ksc-airdrop-event-on-latoken-666dea796049

[Cloud4Y]

I think kstarcoin will pick up a good demand. How will users be rewarded? Will you give them tokens or add points for activities and then they can be converted into coins?

Users will receive tokens as a reward. We use two types of tokens on the KStarCoin project. 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. And 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.

[JainePayne]

Hi. What about confidentiality? What do you plan to do to protect the user's personal data?

[Cloud4Y]

Do you plan to meet with investors and participate in blockchain events to make the project popular?

Of course we participate in events and even will organize a concert. KStarCoin’s 1st K-Pop Concert is scheduled for early 2019. Follow our news!

[AbrammFry08]

Hello team. Your project attracts attention because the entertainment industry is always on top. But I can not understand what your soft cap and hard cap? Have you already collected the necessary amount for the implementation of all plans?

[Cloud4Y]

Hi. What about confidentiality? What do you plan to do to protect the user's personal data?

The consortium blockchain structure will allow us to provide an integrated login environment where members will be able to save sensitive data. An individual may choose what data is saved on the server, however depending on what data is not available, one may not be able to use certain DApps that require the missing data. (DApp will control what data is required for login). We will provide a service similar to “Etherscan” where anyone will be able to see internal blockchain data transparently.

[minak260]

You pay much attention to the issue of ticket sales. What improvements do you want to make and why is it important?

[Cloud4Y]

Hello team. Your project attracts attention because the entertainment industry is always on top. But I can not understand what your soft cap and hard cap? Have you already collected the necessary amount for the implementation of all plans?

We have already held a pre-sale and the first round of the main sale, and we believe that KStarCoin will attract enough funds to run all the planned systems. Our soft cap is 90 M and hard cap is equal 450 M. All information you can find on website https://kstarcoin.com/

[crysisinthehead]

As you proceed on your ico sale are you planning to have an referral bonus?

[Cloud4Y]

You pay much attention to the issue of ticket sales. What improvements do you want to make and why is it important?

Many fans do not have access to see their own idols with their own eyes. Although users do an important task - they push the Hallyu wave further around the world. KStarCoin platform will allow rewarding active users with charity tickets, as well as create a system to discourage speculation with price and authenticity. In addition, users can legally but anonymously sell their ticket in case they cannot be present.

[Cloud4Y]

As you proceed on your ico sale are you planning to have an referral bonus?

We offer airdrop bonuses 200 tokens when registering on the Дфeщлyт exchange and joining our social networks before November 30. We do not use the referral program. Read more rules in the article https://medium.com/@KStarCoin/200-kstarcoin-ksc-airdrop-event-on-latoken-666dea796049

[luckyman1113]

Hi, the project sounds interesting, but who, apart from the fans, will benefit from supporting the platform? Who are your consumers?

[member33]

You plan to implement many tokens, but if you don’t manage to sell them all, what will you do with them? Will you burn your tokens? If yes, how can we know that unsold tokens will be really burned?

[Cloud4Y]

Hi, the project sounds interesting, but who, apart from the fans, will benefit from supporting the platform? Who are your consumers?

The platform can benefit not only ordinary users who are keen on Korean culture, but many brands can become advertisers and partners of the project, providing users with favorable conditions for trade. Investors will receive a profit from owning tokens on a long-term basis.

[Cloud4Y]

You plan to implement many tokens, but if you don’t manage to sell them all, what will you do with them? Will you burn your tokens? If yes, how can we know that unsold tokens will be really burned?

For crowdsale to investors allocated 70% of KSC tokens. Unsold tokens just will not be released.

[Granatra]

I think it would be interesting for me to get your tokens. But what type of wallet do I need for this?