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The available KStarLive whitepaper excerpt describes KStarCoin (KSC) token allocations and proposed uses for fundraising, while an August 2019 guide outlines a planned move from Ethereum ERC-20 tokens to Luniverse-based KSC. Those documents record historical plans, not proof that the plans were completed. They do not establish a complete current roadmap, current token or swap status, or whether the related services remain active.
Which KStarCoin does the whitepaper describe?
This article concerns KStarCoin (KSC) associated with KStarLive, as identified in the KStarLive whitepaper search result and the project’s migration guide. The name alone is not enough to identify a token, so do not assume that another project or token also called KSC is the same asset.
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The whitepaper details available here come from an indexed excerpt. The original PDF could not be retrieved, so the figures below should be understood as what that excerpt reports, not as confirmation of the full document or the token’s current on-chain state.
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What token supply and allocation did the whitepaper report?
The indexed excerpt describes KSC as an ERC-20 token with an initial total supply of 1,000,000,000. It reports this proposed allocation:
| Allocation | Share reported in the excerpt |
|---|---|
| Crowdsale | 40% |
| Ecosystem | 30% |
| Reserve | 15% |
| Team | 10%; a 12-month lockup is stated |
| Advisors and partners | 5%; a 12-month lockup is stated |
The excerpt groups the crowdsale and ecosystem allocations as 70%. It does not show whether these allocations were issued, locked, changed, or otherwise reflected in current token records. Source: KStarLive KStarCoin ICO whitepaper indexed excerpt; the publication year is not established in the retrieved result.
How did the whitepaper propose using funds?
The excerpt also assigns proposed fundraising proceeds to platform and project activities. These percentages describe intended uses, not independently verified spending or completed work.
| Proposed use | Share of funds |
|---|---|
| KSC crowdfunding and platform development, including performance and K-StarSouvenir references | 20% |
| Concert planning and preparation | 30% |
| KStarLive follower growth, public relations, and marketing | 20% |
| Commerce advances | 10% |
| Operating expenses | 10% |
| Advisors and partners | 10% |
The available excerpt does not establish how much was raised, whether funds were used in these proportions, or whether the referenced products and activities were delivered. Source: KStarLive KStarCoin ICO whitepaper indexed excerpt.
What did the 2019 migration guide say?
In a post dated August 6, 2019, the KStarCoin (KSC) account, attributed to the KStarLive Team, described a planned migration from Ethereum ERC-20 KSC to Luniverse-based KSC. It said ERC-20 holders had to swap tokens to trade on an exchange and described an in-platform deposit and conversion process. The post said there was no swap deadline at that time and that users would be notified if the service were to stop.
“ERC-20 based KSC holders must swap their tokens into Luniverse based KSC in order to trade the tokens on an exchange.”
This is a historical instruction, not confirmation that the swap process, Luniverse token, or exchange access is still available. The guide does not establish what network, contract, wallets, or conversion services are supported now. Source: KStarCoin, “KSC Token Swap Guide,” August 6, 2019.
Independent reader supportYour contribution helps us test, update, and keep practical guides available for everyone.Is there a current KStarCoin roadmap, and were milestones completed?
The available documents do not establish a complete current roadmap or a record showing which milestones were completed. The whitepaper excerpt outlines proposed token allocations and funding purposes; the 2019 post describes a migration plan. Neither is evidence by itself that the associated work happened or that the project remains active.
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