In certain renditions of the original Pinocchio story, he does die. This could be as a result of various challenges and mistakes he makes along his journey, serving as a moral lesson.
Well, without having read 'la dolce vita di adelaide light novel', it's hard to say much. However, light novels usually cover a wide range of themes such as friendship, adventure, or coming - of - age. It might be about the sweet life (as 'la dolce vita' means) of Adelaide, perhaps her daily experiences, relationships, and personal growth in a fictional world.
The Blue Fairy helps Pinocchio. She is the one who gives him the opportunity to become a real boy and also guides him in a way. She warns him about the consequences of bad behavior like lying.
No. Pinocchio is a fictional character from a children's story. It was created by Carlo Collodi. It has elements of fantasy like a wooden puppet coming to life, which doesn't happen in real life.