Review JOSEON Mun

spaggiarist (25)in #hot • last year

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.

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.