An organized dissident revolutionary group, going by the name of Cheollima Civil Defense, is working to overthrow Kim Jong-un and the government of North Korea by using cryptocurrency. The group announced that it will be selling visas to the new country starting Sunday, while supports can pay with Ethereum cryptocurrency.
The visas will be issued through blockchain and will cost one ether for the first 1,000 visas. There will be 200,000 passes granted using the blockchain. The official site currently doesn’t show what the per-visa cost will be once the first 1,000 have been issued.
Say the price does remain constant, the group is trying to raise roughly $27 million. According to the group’s website, the visas may be traded and sold and you can purchase as many as you want. However, if you are looking to build a business or some other commercial activity in the “future free country,” you’ll need to contact them first for a more advanced visa. By having the visa it will give you access to “Free Joseon,” the state Cheollima will found in place of North Korea, for 45 days at a time, as CCN reports.
The visas are called “G-Visas” and are issued using ERC-721, a variant of ERC-20 standard. ERC-721 improves the usefulness of Ethereum for non-fungible tokens. Seven visas have already been issued, though you can’t officially purchase them until Sunday.
Cheollima Civil Defense is responsible for several actions against the North Korean state. In one example, they took credit for the defacing of the North Korean embassy in Malaysia. Just recently they have been deemed the culprit of storming the hermit kingdom’s Spanish embassy with fake weapons, in which they reportedly “extracted computers and cell phones,” though there is no solid evidence.
They are also responsible for rescuing the son of Kim Jong-nam, the half-brother to Kim Jong-un. Jong-nam was assassinated by North Korean agents in Kuala Lumpur. The group feared that Jong-nam’s son, Kim Han-sol would be the next victim so they spirited him away from Macau. He later appeared in a video expressing his gratitude to Cheollima Civil Defense.