What are the Benefits of KStarCoin?

KStarCoin (KSC)
2 min readNov 20, 2017

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1) Crowdfunding with KStarCoin

- Funding Participants: Participants will be eligible to share, in concerts and events, profit, which will be paid via KStarCoin. For 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 and 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 a large number of tickets and resell them at 2 to 3 times the price on numerous sites.

2) 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 have, the greater the discount. Payments for advertising fees and more can also be paid with KStarCoin.

- Loyalty Points: For every purchase made with KStarCoin, we will be providing membership points that can be converted into KStarCoins.

- Ecosystem: We will be working to partner up with numerous remittance and payment partners. We will also have an internal currency exchange system, which will help many of our fans in Southeast Asian countries who have had a hard time with the lack of payment channels in their homeland.

3) Long Term Holders of KStarCoin

  • For supporters and 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. 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).

4) Safe Deposit of Coins

  • KStarCoin will take detailed procedures and protocols to ensure the safety of our users’ coins, which will include the safe deposit of coins in hard wallets. Please contact ico@kstarlive.com if you would like further details on these protocols.

5) Lock-Up for Founders, Team, Advisors & Partners

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

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KStarCoin (KSC)

The First Hallyu Cryptocurrency by KStarLive.com (9.3M+ followers)! Crowdfunding for K-Pop Concerts and Events with BlockChain!