Living with Idols

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Making the idols and fans smile with direct interaction

Cheer idols
Interact more closely with idols
Support idols more directly

With our will to bring smile to idols and their fans, IDOLCOIN is an Coin created by a group of idol and crypto fans. The industry may seem gorgeous, but only part of the idols are able to get on major shows. Many people are aware that aspiring idols, including underground idols live a tough life, as many offices enjoy the intermediate kickbacks.

Through IDOLCOIN, we’d like to create a system where direct support of your favorite idol and idol groups is possible, and provide places for performance to as many idols as possible.

SERVICE

3 services using a common database

Idol tipping system using Twitter

Idol tipping system using Twitter

We will first develop an idol tipping system. Just by knowing the idol’s SNS ID, tipping your favorite idol becomes possible. By promoting the tipping system, you will be able to support idols directly.

UI-centric idol direct supporting application

UI-centric idol direct supporting application

IDOLCOIN will develop a UI-centric idol direct supporting application (next generation’s tipping platform). In our tipping platform, the user will be able to get a reaction every time he/she tips, realizing a truly interactive support, making the idols and the fans closer.

Idol concert supporting service

Idol concert supporting service

A place where you can tip in real time during a concert will produce unprecedented sense of unity. By using this system, and election event will also be possible. The UI which lets you feel the enthusiasm as the tips are gathered while the concert is going on will bring innovation to concerts.

SPECIFICATION

SPECIFICATION

PoS

We have applied PoS (Proof of Stake)(*1).
PoS (Proof of Stake) is a type of consensus algorithm just like PoW (Proof of Work), and you will be able to receive rewards depending on the number of IDOLs you possess.
PoS is highly tolerant to 51%attack and selfish mining, which have recently happened. The annual interest rate, as many of you may be interested, will start from 12% and will gradually decrease(*2).

(*1) For Transaction stability, it will be PoW/PoS hybrid for the first 3 month
(*2) Annual interest rate = 12% × (77.7billion – Circulating Supply) / 37.7billion

Maximum Supply

Regarding the total supply, the 37.7billion IDOLs which originally was held by the developers will be used for PoS rewards.
Thus, the generated supply at the moment of the swap will be 40billion, and exluding the lockup will be 18.4billion(*3). The swap will not increase the maximum supply, and the number of IDOLs possessed by holders will not change before and after the swap.

(*3)The total of the circulating supply and the amount possessed by the developers.

Transaction

As it will be swapped to an original coin, the disadvantages such as stucked transactions and high gas fees will be solved. The block time will be 60sec, and the recommended block confirmation numbers willl be 10, which will be fast enough for practical use. The coin’s specification will become more sophisticated prior to our previous coin.

ROADMAP

MEMBER

S.R

S.R

CEO / CTO

T.K

T.K

CSO

R.W

R.W

PUBLIC RELATIONS

Y.H

Y.H

ENGINEER

N.H

N.H

ADVISOR

VOICE

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Token Symbol: IDOL Decimals: 8

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