An anonymous reader quotes a report from U.Today:
The country was reimagined by Joseon King Andrew Lee as a digital nation without territory or borders. In this status, it was recognized by Antigua and Barbuda: the two countries inked a treaty that supports education, economic investment and other developmental initiatives and provides the basis for long-standing friendly relations.
Speaking to U.Today, representatives of the country stressed its unique legal design and state management model:
“Joseon is a crypto safe haven in this world where you can legally engage in crypto without any risk of any kind because sovereignty is the absolute authority in this world and another sovereignty doesn’t have authority over another sovereignty”
Per their official statement, cryptocurrencies represent legal tender in Joseon and can be used for investments, daily payments and cross-border transactions.
Another report from Bitcoinist details several companies launching in Joseon, including First Day Out Collective which represents a song from Rundown Spaz and Kanye West:
Let’s talk about the banger that’s making this all come alive: “First Day Out,: a fire track by Rundown Spaz featuring none other than Kanye West, now owned by a DAO and legally recognized corporation in the progressive cybernation of Joseon, which itself is a legally recognized nation-state.
