cryptodailytrading.com

Ethereum Holders Will Soon Be Able to Buy North Korean Visa for 0.001 ETH

  • Alex Morris
    📰 News

    ⛓️💰Post-liberation Blockchain visas will help fund the growing dissident movement in North Korea


Ethereum Holders Will Soon Be Able to Buy North Korean Visa for 0.001 ETH
You may also like:
Contents

Cheollima Civil Defense (CCD), a little-known resistance group in North Korea, is turning to Ethereum in order to undermine their odious leader Kim Jong-un. The dissidents are selling Blockchain visas to anyone who’s willing to contribute to their movement.

👉MUST READ Here’s How Much Bitcoin North Korea Amassed After Hacking Asian Cryptocurrency Exchanges
Here’s How Much Bitcoin North Korea Amassed After Hacking Asian Cryptocurrency Exchanges

Liberated North Korea

South China Morning Post reports that the group is planning to sell up to 200,000 visas to anyone who wants to visit Free Joseon, which would be the name of liberated North Korea. Joseon was a dynastic kingdom that existed for approximately five centuries before the establishment of the Korean empire.


Meet tokenized visas  

Free Joseon Genesis Visa (G-VISA) is presented in the form of a non-fungible ERC-721 token. 1,000 tokens will set you back 1 ETH ($137.59 at the time of writing this article). If North Korean liberation does happen, these tokenized visas will allow paying a visit to North Korea for a maximum of 45 days.

G-Visa

Funding a revolution

The Ethereum-based visas are expected to go on sale on March 24. The identity of those who took part in the dissident movement will not be disclosed. All visas will be valid until March 1, 2029.

CCD accepts contributions in Bitcoin and Ethereum. While their Ethereum address remains empty, the group has already received 14.24 BTC ($56,927).

Cover image via u.today
Join our Telegram channel to get news even faster!
👓 Recommended articles

Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
You may also like:
Contents

It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

👉MUST READ Bitcoin’s Price Rally Was Accurately Predicted by Anonymous 4chan Poster. $16,000 in October?
Bitcoin’s Price Rally Was Accurately Predicted by Anonymous 4chan Poster. $16,000 in October?

Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

👉MUST READ This Is the Happiest Bitcoin Investors Have Been Since 2016: Tom Lee
This Is the Happiest Bitcoin Investors Have Been Since 2016: Tom Lee

Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

Cover image via 123rf.com
Subscribe to the official U.Today Telegram channel. Get news first!
👓 Recommended articles