KStarCoin
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The First Hallyu Crypto Currency by KStarLive.com (8MM+ followers)! Crowdfunding for K-Pop Concerts and Events with BlockChain KStarCoin
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KStarCoin in Words
KStarCoin is an ERC20 Ethereum based token, which will be integrated into the KStarLive platform. We believe that Ethereum's smart contract technology will allow us to disrupt, innovate and build upon an existing user base of 8MM followers and build contracts amongst the different parties and combat against issues like ticket scalping, fake sellers and new ways to purchase Korean made products. KStarCoin is able to activate P2P-type transactions between individuals even before registration and is optimized to implement smart contracts that require high reliability and transparency such as crowdfunding campaigns and payments. Therefore, KStarCoin will be used for various Hallyu-related contents business such as "K-Pop performance crowdfunding", "K-Star performance ticket sales" and "K-Star goods sales" through our own platform.
1) Crowdfunding with KStarCoin - Funding Participants: Participants will be eligible to earn in concerts and events profit, which will be shared via KStarCoin -- this will be very similar to early bird rewards that you may see on existing crowdfunding platforms like Kickstarter. For VIP funding 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/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 large number of tickets and re-sell them at 2 to 3 times the price on numerous differentsites.