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LBank Exchange Lists JSM, the National Currency of the Innovative Cyber Nation-State, Joseon

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Road Town, British Virgin Islands–(Newsfile Corp. – May 8, 2023) – LBank, a leading global cryptocurrency exchange, is thrilled to announce the listing of Joseon Mun (JSM), the official national currency of Joseon, the world’s first legally recognized cyber nation-state. As an exchange that values innovation and progress, LBank is dedicated to offering its users access to the most forward-thinking and transformative digital assets, and JSM is a prime example of such an asset.

Joseon represents a bold step forward in the integration of technology and governance, providing a conducive environment where novel ideas, technological advancements, and creative solutions can thrive without being hindered by traditional regulatory obstacles.

Joseon’s vision is to break down the barriers imposed by conventional regulations and establish a regulatory framework that encourages cooperation, exploration, and development in the digital world. As a sovereign nation-state, Joseon has the authority to create its own regulatory ecosystem that promotes innovation and enables a seamless digital experience. Joseon serves as a sanctuary for groundbreaking ideas and technological developments, free from the restrictions of conventional regulation.

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Key Features of Joseon:

  • Adaptive Regulatory Framework: Joseon’s approach to regulation is dynamic and flexible, fostering an environment that is conducive to innovation and progress.
  • The Concept of Denizenship: Joseon offers “Denizenship,” a distinctive form of corporate entity that is limited to one shareholder, allowing individuals to distinguish their actions from those of the Denizen.
  • The Joseon Mun (JSM): JSM is Joseon’s national fiat currency, built on blockchain technology. JSM functions as a foreign currency in specific jurisdictions while enjoying the benefits of blockchain’s transparency and security.

LBank is honored to be among the first platforms to list JSM, the currency of Joseon. As a reputable and dependable cryptocurrency exchange, LBank is committed to delivering a smooth and secure trading experience to its users. The state-of-the-art trading tools, stringent security protocols, and round-the-clock customer support make LBank the perfect choice for trading JSM and other digital currencies.

LBank Exchange is enthusiastic about supporting Joseon’s growth and its visionary mission to create a better and more interconnected future. By listing JSM on LBank, LBank Exchange contributes to the expansion of the Joseon community and empower its users to participate in this groundbreaking journey.

About Joseon

Joseon is the world’s first legally recognized cyber nation-state, rooted in a rich historical legacy as the successor state to the Joseon Empire founded in 1392. Joseon’s mission is to eliminate regulatory barriers and foster a non-burdensome environment that nurtures creativity, disruptive ideas, and technological innovation in cyberspace. As a recognized nation-state, Joseon offers unique “Denizenship” to individuals worldwide and has issued its own blockchain-based national fiat currency, the Joseon Mun (JSM). Joseon is dedicated to building a better, more connected future by bridging the gap between technology and regulation.

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About JSM Token

Joseon Mun (JSM) is Joseon’s fiat currency. As the official currency of Joseon, it can be utilized for all government transactions, as well as public and private transactions within the jurisdiction of Joseon. The blockchain will provide transparency and security for all transactions involving JSM, ensuring a high level of trust and reliability in the currency.

Based on ERC-20, JSM has a total supply of 2.4 trillion (i.e., 2,400,000,000,000) tokens, of which 20% is provided for government, 5% is allocated to Joseon officials, 10% is provided for coin issuance, and the remaining 65% is allocated to Joseon Ministry of Patronage, which will provide funding to companies domiciled in Joseon upon evaluation by both the Ministry of Patronage and the Ministry of Sovereign Wealth.

JSM token will be listed on LBank Exchange at 7:00 UTC on May 10, 2023, investors who are interested in Joseon can easily buy and sell it on LBank Exchange by then. 

Learn More about JSM Token:

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Official Website: https://www.joseon.com/
Telegram: https://t.me/ChosenEmpireChat
Discord: https://discord.com/invite/8fhVck4STr
Twitter: https://twitter.com/joseon_empire
Instagram: https://www.instagram.com/joseon_empire/
Facebook: https://www.facebook.com/JoseonEmp

About LBank

LBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users’ funds and aims to contribute to the global adoption of cryptocurrencies.

Start Trading Now: lbank.com

Community & Social Media:

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Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
[email protected]
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/165179

Newsfile is a customer-focused newswire team that delivers press releases and corporate announcements to the global financial community. Approved by all stock exchanges, Newsfile offers broad access to media, analysts, investors and market participants. With agile services, proactive customer care and affordable pricing; Newsfile makes it easy for companies to tell their story to the audiences they need to reach.

Blockchain

FreeBnk debuts the ‘Zillow’ of tokenized Real-World Assets

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FreeBnk, the fintech platform offering affordable financial services for crypto investors, launches its tokenized RWA (real-world asset) platform to enable its clients to invest in real estate through fractionalized ownership. Through FreeBnk’s app, clients can effortlessly purchase shares of the first property located in Dubai, democratizing real estate investing by eliminating traditional barriers such as complex paperwork, similar to the seamless experience of browsing and investing on Zillow. Investors of FreeBnk’s tokenized RWAs will receive a 15 percent annual return and a 9 percent rental return from their investment.

Tokenized RWAs have exploded in demand within the digital asset ecosystem, drawing interest from both crypto investors and traditional financial institutions. This sector has become one of the largest in DeFi, with DEX volume experiencing substantial growth from $2.3 billion in December 2024 to $3.6 billion by April 2024. Amidst the escalating global cost of living, tokenized RWAs emerge as an alternative and more accessible investment option offering potentially higher returns, democratizing access to market-proof assets. However, the UI and UX continue to be complex and unfriendly for users unfamiliar with these platforms.

With the launch of its new platform, FreeBnk simplifies wealth-building opportunities by offering ownership shares in properties for potentially generating passive income. Now live within its native mobile app, the decentralized application (dApp) removes the complexities of property ownership, enabling investors to readily enter the tokenized RWA sector. The process involves three straightforward steps:

Search properties: Through the FreeBnk app, users will be able to explore properties, filtering by type, ROI, and yield—allowing investors to align their property investments precisely with their financial objectives.
Buy shares: Users will be able to select their desired property and invest any amount in a few, simple steps. FreeBnk helps to bypass traditional real estate processes and manages all aspects of property ownership using smart contracts.
Earn rental income: FreeBnk automatically assigns a property portfolio to its customers, taking care of all real estate management responsibilities. This service includes collecting and depositing rental income directly into the client’s accounts.
Clients ready to capitalize on property appreciation can conveniently sell their shares at any time through FreeBnk’s secondary market. FreeBnk is committed to offering top-quality real estate, already investing over 250,000 AED into its first property. As a hub for innovation and growth, Dubai sets the stage for global expansion with its growing real estate market and investor-friendly environment.

“As we look ahead, we see the potential of tokenized RWAs and the positive ways in which they can revolutionize the real estate market through fractional ownership,” says Yunus Emre Ozkaya, CEO of FreeBnk. “By tokenizing properties, our goal is to empower investors across the globe, showcasing the unique benefits of tokenized RWAs and offering new avenues for investment. Real estate, known for its relative stability, provides a passive income opportunity amidst global economic fluctuations. We aim to cater not only to crypto enthusiasts but also to newcomers seeking alternative investment options.”

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The post FreeBnk debuts the ‘Zillow’ of tokenized Real-World Assets appeared first on HIPTHER Alerts.

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Blockchain

DeFi Technologies Expands BTC Treasury Holdings and Diversifies into Solana, CORE and CORE DAO Staking

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DeFi Technologies Inc. (the “Company” or “DeFi Technologies“) (CBOE CA: DEFI) (GR: R9B) (OTC: DEFTF), a financial technology company that pioneers the convergence of traditional capital markets with the world of decentralised finance (“DeFi“), is pleased to announce the expansion of its digital asset treasury strategy. The Company has purchased an additional 94.34 BTC, bringing its total BTC holdings to 204.34 BTC. Additionally, the Company  has acquired 12,775 SOL tokens and 1,484,148 CORE tokens, with plans to actively participate in CORE DAO’s staking facility.

Expanded Bitcoin Holdings

Following the Company’s initial acquisition of 110 BTC in June 2024, the Company has continued to bolster its confidence in BTC as a primary treasury reserve asset. The additional purchase of 94.34 BTC, for a total of 204.34 BTC reaffirms the Company’s commitment to this leading digital asset, recognizing its unique characteristics as a scarce and finite asset, and its potential as a hedge against inflation and a safeguard against monetary debasement.

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Addition of Solana (SOL) to Treasury

In a strategic move to diversify the Company’s treasury, the Company has acquired 12,775 SOL tokens. SOL stands out with its high-performance, permissionless blockchain, capable of processing up to 65,000 transactions per second, thanks to its unique Proof of History and Proof of Stake combination. This scalability and efficiency surpass many of its peers.

SOL’s low transaction fees and rapid processing times lower barriers for developers, fostering a strong user base and impressive fee generation. The platform’s trading volume has reached US$393.71 billion, indicating robust market activity and user engagement. The liquidity Total Value Locked (“TVL“) stands at US$865.97 million, reflecting substantial assets held in liquidity pools, which support trading activities. Since its inception, SOL’s decentralized finance landscape has attracted 24,591,311 traders and executed 1,847,335,349 swaps, highlighting its high transactional activity and efficiency.

Overall, SOL’s technical strengths, significant market activity, and ongoing enhancements position it as a promising investment, offering a scalable and efficient platform for a wide range of decentralized applications.

Addition of CORE To Treasury and Participation in CORE DAO’s Staking

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The Company is also pleased to announce that it has purchased 1,484,148 CORE tokens and intends to participate in CORE’s staking facility. CORE’s innovative staking solution enables holders to stake BTC non-custodially enhancing yield opportunities and contributing to network security and stability. The Company’s participation in this staking facility not only diversifies its income streams but also strengthens its collaborative relationship with CORE Foundation and involvement in the broader DeFi ecosystem. CORE is proving to be a leading BTC scaling chain with over 55% of BTC hash rate participation,US$138.5M in TVL, and 5,000+ BTC staked (~US$320M).

“We are thrilled to announce these significant advancements in our digital asset treasury strategy,” said Olivier Roussy Newton, CEO of DeFi Technologies. “Our increased BTC holdings, strategic investment in SOL, CORE and participation in CORE’s staking facility reflect our commitment to leveraging the most promising opportunities in the decentralized finance landscape. These actions not only diversify our balance sheet but also align with our mission to bridge traditional capital markets with the innovative world of DeFi.”

The post DeFi Technologies Expands BTC Treasury Holdings and Diversifies into Solana, CORE and CORE DAO Staking appeared first on HIPTHER Alerts.

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Blockchain

Crypto Price Predictions: Comprehensive BlockchainReporter Platform Helps Cryptocurrency Investors Stay Ahead Of Market Volatility

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