Star Pacific coin (SPC) works on an ERC20 token design and uses blockchain protocol. The platform aims to develop as a decentralized AI marketplace. AI (artificial intelligence) builds smart machines to perform complex operations. The platform uses utility tokens and runs on mutually beneficial nodes. Star Pacific also activates the nodes using utility tokens to deliver AI solutions to the users.

As mentioned above, utility tokens are assets that enable access to future services or products of the platform. Accordingly, the whitepaper aims to use utility tokens on all Star Pacific platforms and also to simplify crypto mining. The platform claims to offer a specific algorithm that can work on any computer, thereby making mining easier. An algorithm is a set of instructions a computer uses for completing a task. The platform is aiming to use these algorithms to offer many services, including a multi-coin wallet called the Star Pacific wallet.

In addition, the platform aspires to deliver weekly 2.5% rewards to users with 2500 tokens or more. Apart from the rewards, the platform also aims to offer its users high liquidity and growth in finances. Moreover, miners can use their mining hardware longer, and basically, miners can mine from any device with computing power, including a Raspberry Pi. So, using AI technology, the platform seeks to provide various services ranging from market to finance.

According to the whitepaper, a group of cryptocurrency developers worldwide are responsible for conceptualizing the platform and its token offering. While the platform carried out initial testing in March 2018, the pre-sale in an ICO began in August 2019. The ICO was done in December 2019, followed by IEO in August 2020. (An IEO or initial exchange offer is when capital is raised using a second-party exchange.)