Joseon, a nation-state that has made its presence felt in the world of blockchain technology, is on a mission to create a regulatory environment that encourages collaboration and experimentation. The nation aims to eliminate regulatory barriers that could hinder the growth of the cyberspace. As a recognized nation-state, Joseon has the advantage of issuing its national fiat currency, the Joseon Mun (JSM). What's interesting is that this currency operates as a foreign currency in other jurisdictions while leveraging the benefits of blockchain technology. This unique combination of a national currency and blockchain technology can open up new avenues for growth and development in various industries. With its focus on eliminating regulatory barriers and fostering collaboration, Joseon is poised to make a significant impact on the world of blockchain technology.
JOSEON DENIZENSHIP
Joseon’s unique offering of "Denizenship" is a game-changer for individuals seeking a borderless environment to operate in. This special type of corporation, limited to a single shareholder, allows individuals to separate their actions from those of the Denizen. Denizens are incorporated under Joseon law, which offers a level of protection and subjectivity to its shareholders. The best part? Denizenship is free, making it accessible to individuals worldwide. This innovative concept empowers individuals to operate freely without the fear of restrictive laws, creating an environment that fosters creativity and growth.
JSM TOKEN DETAILS
JSM is a revolutionary blockchain-based national fiat currency, designed to facilitate business registration and other transactions within the jaseon cyber nation. It is created with the aim of providing citizens with a secure, reliable and cost-effective way to conduct their financial activities. With its innovative approach, Jaseon makes it possible for businesses to register, transfer funds and manage their operations in an efficient manner. Moreover, it also provides users with access to a wide range of services. As such, JSM has the potential to revolutionize the way businesses operate within the cyber nation.
JSM TOKEN ALLOCATION.
There will be an initial amount of two trillion and four hundred billion jaseon Mun token (2,400,000,000,000 ) created. These Token will be allocated as follows;
- 20% for the Joseon Government: The Joseon Government will continue to work for the benefit of its Denizenry and Joseon’s legacy. As such, 20% of the total coin supply will be held directly by the government for administering Joseon.
- 5% for jaseon officials: Joseon Government Officials have put in their time, resources and additional efforts, and will continue to do so long into the future. They will be allocated a total of 5% of the total coins in recognition of their immense contributions.
- 10% for Coin issuance: 10% of the total Mun coins will be made available to Joseon Denizens to purchase for the use of commerce, investment into Joseon companies and Joseon business registrations.
- 65% for jaseon ministry of Patronage: The Joseon Ministry of Patronage will provide funding to companies domiciled in Joseon upon evaluation by both the Ministry of Patronage and the Ministry of Sovereign Wealth. Fifty-percent of these coins or approximately one-third of the total coin supply will be dedicated to companies with majority ownership by Denizens whose single physical shareholders pass a Korean language proficiency test. The other 50% of these coins will be dedicated to any and all companies domiciled in Joseon upon evaluation by both the Ministry of Patronage and the Ministry of Sovereign Wealth.
IN SUMMARY
Joseon provides an innovative and secure haven for entrepreneurs and businesses. This sovereign nation will be built using the latest technology and blockchain innovation and will be at the forefront of the rapidly evolving world of cryptocurrencies. As a Denizen of Joseon, you will join a network of like-minded individuals from all over the world, who are united by a shared vision and mission to build an economically and socially viable global state. Furthermore, you will also be able to access Joseon’s own digital currency, the Joseon Mun (JSM). Become part of something bigger and gain access to unique features and benefits available only to Denizens of Joseon.
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