Introduction
The Joseon non-territorial state was established as the Joseon Empire in 1392, and since then it has had a glorious history. For many centuries, the kingdom remained a dynastic power and had a significant influence on Korean culture and society. Today, Joseon has been reconstituted as a cyber nation and is actively involved in humanitarian efforts to expand its global impact. As the first sovereign cyber nation, Joseon is introducing innovative legal concepts such as personal interest corporations and deploying the Mun, a fiat blockchain cryptocurrency in its jurisdiction. This enables Joseon to create its regulatory environment to maximize the benefits of blockchain technology and also issue a national currency with the benefits of crypto currency. Such initiatives reflect Joseon’s commitment to leveraging advanced technologies for the benefit of its citizens and the world at large.
Joseon description
Joseon’s status as the first legally recognized cyber state in the world is a significant achievement. This recognition allows Joseon to engage in diplomatic relations with other nations of the world, which is crucial for its growth and development. As a recognized nation-state, jaseon has developed its regulatory framework, which enables its citizens to establish their own corporations. This move fosters entrepreneurship and innovation, providing opportunities for its citizens to pursue their business ideas without significant regulatory obstacles.
Joseon’s approach to technology and governance is unique. It tends to focus on encouraging creativity and development rather than imposing restrictive regulations on innovation and technology. This approach has proved to be successful in creating an environment that supports novel ideas, technological advancements, and creative solutions. The integration of technology with governance in Joseon has paved the way for a conducive environment where creative solutions can thrive, without being hindered by traditional regulatory obstacles.
Vision
Joseon vision is to create a regulatory framework that promotes innovation and cooperation in the digital world. As a sovereign nation-state, Joseon has the autonomy to establish its regulatory ecosystem, enabling a seamless digital experience for its citizens. By breaking down the barriers imposed by conventional regulations.
Aims/objectives
Joseon aims to attract groundbreaking ideas and technological developments, providing a safe haven for those seeking to explore new possibilities. Jaseon focuses on creating a secure environment for cryptocurrency investors and innovators to thrive amidst the significant regulatory challenges faced by the industry as well as encouraging growth and development in the digital economy. The core objective of Jaseon is to embrace change, adapt to new technologies, and lead the way towards a better future for all.
Tokenomics
The introduction of the Joseon Mun currency by the Joseon Blockchain is a significant development in the world of finance. This blockchain-based fiat currency combines the benefits of a traditional national currency with the added advantages of a cryptocurrency. The JSM has the potential to revolutionize financial transactions and payments, not just in Joseon, but also globally. As the legal tender of Joseon, the Mun is positioned to become the foundation of a complete monetary system. This could lead to wider acceptance and adoption of the currency, which could benefit businesses and consumers alike.
Token distribution
Based on ERC-20, JSM has a total supply of 2.4 trillion (i.e., 2,400,000,000,000) tokens
20%: Joseon government
5%: Joseon Officials
10%: Coin Issuance
65%: Joseon Ministry of Patronage.
Conclusion
Joseon, which was established as the successor state to the Joseon Empire in 1392, is the first legally recognized cyber nation-state in the world. The goal of Joseon is to remove legal obstacles and create an unburdensome environment that fosters innovation in technology, creativity, and disruptive ideas in the cyberspace. As a recognized nation-state, Joseon gives distinctive "Denizenship" to people everywhere and has created its own blockchain-based national fiat currency, the Joseon Mun (JSM). Joseon is committed to bridging the divide between technology and regulations in order to create a better, more connected future.
#JoseonMun
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