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

Hello guys, your project sounds interesting. Why the consumer will be more profitable to use your ticket system?

Hello. In our opinion, the ticket market right now is not transparent and many companies sell them illegally. Fines are only 200 dollars. Due to this environment, black market traders dont mind selling tickets for a higher price. KStarLive has the solution for this nonsensical situation: KStarCoin. Decentralized ticketing issuance and tracking protocol will be able to block ticket scalpers, who typically buy the large number of tickets and re-sell them on numerous different sites. This protocol will make secondary market ticket prices and ticket fraud occurrences disappear.

How are you going to use blockchain technology for these purposes? What bonuses do they give?

KStarLive has a goal to create a communication-oriented service between fans and Hallyu stars. We believe that this goal will be achieved faster, safer, and more transparent with a blockchain platform. Another thing that you should remember about the blockchain-based ticketing protocol is that the owner of such a smart ticket is also free to anonymously sell his or her tickets. However, it will be automatically done within the decentralized infrastructure of the protocol. This ensures that ticket trades are done safely and within a set price margin.