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What is Joseon Mun Coin (JSM): Top 5 Ways to Spend It in 2026
Joseon Mun (JSM) is the currency of Joseon, a cyber nation with no physical territory that presents itself as the successor to the Joseon kingdom founded in Korea in 1392. American tech entrepreneur Andrew Lee proclaimed the cyber nation in 2022, and the project launched its currency the following year.
Trading and holding aside, JSM is harder to use day to day. On Epic, holders can book hotels and flights at prices up to 30% lower than Booking.com, and new users can get $25 off their first booking.
Below, we cover five practical ways to spend JSM in 2026.
Key Takeaways
- Epic lets you book hotels and flights with JSM and more than 200 cryptocurrencies at prices up to 30% below Booking.com. New users can also get $25 off their first booking.
- Inside Joseon, JSM is the national currency of the cyber nation, used for value exchange, digital identity, and community participation, and it runs as an ERC-20 token on Ethereum.
- JSM holders can purchase physical collectibles on Polkastarter, from rare trading cards and graded items to sealed products and video games.
- Coinsbee offers JSM holders gift cards, prepaid services and mobile top-ups from over 5,000 brands in 185+ countries.
- CoinTerminal gives JSM holders early access to token sales before they are listed on exchanges, with participation starting at $100.
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What Is Joseon Mun Coin (JSM)?
Joseon Mun (JSM) is the national currency of Joseon, a cyber nation that calls itself the non-territorial successor to the historical Joseon Empire. Its founder is American tech entrepreneur Andrew Lee, who took up the claim after being adopted by Yi Seok, a claimant to the House of Yi, and now serves as king, with Matt Kim as prime minister.
JSM is an ERC-20 token on Ethereum, and the project launched in May 2023. The token has a maximum supply of 2.4 trillion, with around 316 billion currently in circulation, and it trades against USDT on a small number of centralised exchanges.
Inside Joseon, JSM serves as the main medium of exchange and financial instrument. Outside it, the project treats JSM as a foreign currency while it keeps working as a blockchain token.
How Does Joseon Mun Work?
Joseon works as a network state that exists only online, with no physical territory and no land borders. It describes itself as a cloud-based kingdom backed by blockchain, run as a constitutional monarchy with a king and a prime minister.
Its rules are set out in the Code of National Governance, a framework built around freedom and privacy that guides how the cyber nation and its currency operate.
JSM is the money of this system. It moves value between members inside Joseon, and every transfer settles on Ethereum in the same way as any other ERC-20 token.
What I like about Joseon is that it's built entirely online. There's no territory to visit, just a cloud-based kingdom with its own rules on freedom and privacy, and JSM is the money that moves inside it. If you hold JSM, that's the system your tokens belong to.
1. Book Discounted Hotels and Flights With JSM on Epic
Travel is one of the most practical uses for JSM in 2026. JSM also has a use case beyond simply holding the token, with Epic allowing holders to book hotels and flights at rates up to 30% below Booking.com.
Epic covers more than 2 million hotels and flights in over 190 countries. The platform accepts more than 200 cryptocurrencies alongside Visa, Mastercard, Apple Pay and Google Pay.
Bookings also earn up to 8% cashback in XRP, giving frequent travellers another way to add to their savings.
New users can get $25 off their first booking.
Epic is the most practical option on this list when you've got a trip coming up. You can spend your JSM on both the flight and the hotel, at prices up to 30% lower than on Booking.com, and you'll earn XRP cashback every time you book.
Book your next hotel for up to 30% less
2. Buy Physical Collectibles With JSM on Polkastarter
JSM can also be used to buy physical collectibles on the Polkastarter marketplace. It features rare trading cards, graded collectibles, sealed products, video games and more. Once they purchase an item, collectors can either have the physical product shipped to them or sell it back via the platform.
Polkastarter uses USDC as its balance currency, so JSM holders will first need to swap their tokens for USDC on an exchange that lists it before topping up their account.
Browse the Polkastarter marketplace to see what's currently available.
Polkastarter is a good fit if you're into collecting. It offers rare trading cards, graded collectibles, sealed products and video games, all paid for with crypto. Once you've purchased something, you choose whether it gets shipped to you or sold back through the platform.
3. Use JSM for Value Exchange Inside the Joseon Cyber Nation
The most direct use for JSM is inside Joseon, the cyber nation it was issued for. As Joseon's national currency, the token is meant for value exchange, digital identity, and community participation across the network.
Joseon also offers crypto projects a jurisdiction where they can be domiciled, with JSM as the currency of that jurisdiction. For holders, that means the token is tied to a whole network state rather than to a single app or protocol. The official Joseon website sets out how the wider ecosystem fits together.
In 2023, Joseon established diplomatic relations with Antigua and Barbuda, a United Nations member state, and JSM appeared on CoinMarketCap in May of that year. By early October 2026, around 1,230 wallets held the token on Ethereum.
This makes sense, because Joseon is where JSM actually works as money. If you're part of the cyber nation or you run a crypto project domiciled there, JSM is the currency you'd use. And if you're not involved with Joseon, there's less in it for you.
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4. Join Early-Stage Token Sales With JSM on CoinTerminal
JSM holders can also use their tokens to join early-stage token sales through CoinTerminal, an open-access launchpad for early-stage crypto projects. There are no platform-token staking requirements, and contributions begin at $100.
JSM cannot be used directly for contributions, so holders will first need to convert it to the contribution asset required by each sale, such as USDT, on an exchange that lists it. All launches are fully refundable, making the investment risk-free.
Visit CoinTerminal to see which token sales are currently open.
What I like about CoinTerminal is that anyone can join a sale. You don't need to stake or lock up any tokens, you can get started from $100, and contributions are refundable, which makes the investment process risk-free.
5. Buy Gift Cards and Mobile Top-Ups With JSM on Coinsbee
Coinsbee gives JSM holders a simple route to using their crypto for everyday purchases. It comes with support for 200+ cryptocurrencies and offers gift cards, prepaid services and mobile top-ups from more than 5,000 brands in 185+ countries.
JSM is not accepted directly at checkout, so holders will first need to convert it to USDT or BTC on an exchange that lists it. From there, choose a brand and the amount you want, pay with the converted crypto, and get the digital code by email. The catalogue covers a wide range of everyday options, from supermarkets and streaming services to travel, food delivery, gaming platforms and mobile carriers.
Browse the Coinsbee catalogue to see what is available in your country.
Coinsbee is a good fit if you'd like your JSM to cover the things you buy every month. You can pick gift cards for supermarkets, food delivery, streaming and gaming, or top up your phone, and the code is in your inbox soon after you pay.
Sources
- Business Wire, Epic Transitions into the Travel Layer for Crypto, Bringing Real-World Utility to the Web3 Space
- Uphold, What Is EPIC?
- Epic Travel on X, @EpicOnChain
- Joseon Mun, Official Joseon website and overview of the JSM ecosystem
- Joseon Mun on X, @Joseon on X with official announcements and roadmap updates
- CoinMarketCap, Joseon Mun (JSM) price, market cap and live token data
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Adrian Baschuk is the chief executive officer of Epic. Adrian has spent two decades in media as a producer, journalist, and founder, and has worked in crypto since 2017. He was a founding partner at Crypto Banter, worked on CNBC's Crypto Trader, and has produced and reported for CNN, Current TV, and Discovery.
His television production credits include Disengagement, South Beach Tow, and Kart Life. He became CEO of Epic in 2025 and leads the company's move into travel, building the first travel layer for crypto.
Based in Miami, Adrian earned a bachelor's degree in international relations from Tufts University.
Frequently Asked Questions
Joseon Mun has a market capitalisation of about $141 million, which places it around #237 on CoinMarketCap. Around 316 billion JSM circulate out of a maximum supply of 2.4 trillion, and 24-hour trading volume is about $553,000. These figures change constantly with the market.
No one can reliably forecast token prices, and we do not offer investment advice. JSM trades at around $0.000444, about 97% below its all-time high of $0.0151 from July 2024. What JSM is designed for is use as the national currency of Joseon, the cyber nation proclaimed by Andrew Lee, where it serves as the main medium of exchange.
Yes. On Epic, JSM holders can book hotels and flights at prices up to 30% cheaper than Booking.com. The platform supports more than 200 cryptocurrencies alongside Visa, Mastercard, Apple Pay and Google Pay, and offers up to 8% cashback in XRP on bookings. New users can also get $25 off their first booking.
JSM trades against USDT on a small number of centralised exchanges, with LBank among its main venues. The token is not available on most of the largest exchanges, so its liquidity sits on a few smaller platforms. As an ERC-20 token, JSM can be held in any Ethereum-compatible wallet after purchase.
JSM trades about 97% below its all-time high of $0.0151 from July 2024, and its daily volume of around $553,000 is thin for a market capitalisation of about $141 million. Only about 13% of the 2.4 trillion maximum supply circulates, so more tokens could reach the market. Cyberstates such as Joseon also have no standing under international law.
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