STARCOIN was developed with the objective to make it easier and safer for people around the world to trade through their payment system. However, the token lacked any utility and real life applications to stimulate transactions. STARKST planned to increase the market value of KST through integration with various real life organization and payment system for stores and events like concerts but the project lacked any major development in its course of operation and was not integrated with any major institution. It had no utility in the market and its objectives were mere words that were abandoned by its developing team.
Talking about its developing team, it was comprised of a group of unverified members whose identities cannot be confirmed and that makes me question the legitimaty of the project. The project was developed without any concrete planning and organizing. Its website looks attractive only to spike the interests of the investors but does not clearly defines its objectives and the plans set to attain those objectives. It states some ambitious goals in its website but those goals were not backed up by any action from the project team.
StarCoin is not available in any of social media platforms and there is not much information available in the internet about the project. StarCoin was a incompetent project which was launched in the market only to generate capital for its developing team and the team went inactive soon after its ICO.
StarCoin price has dropped 100% since its launch which means that it is completely worthless in the market and is not trading currently. It is listed on only one active exchange but has no trading volume and active trades.