THE RIVERSIDE SMART CITY

This project, in cooperation with Chuncheon City, Gangwon Special Self-Governing Province, is a comprehensive resort-type smart city development conducted under the Corporate Innovation Park Act. The project’s capital is raised through the issuance of Security Tokens (STO) known as RTC (ReTire Coin). When purchasing RTC, buyers receive the equivalent amount of RTC in their digital wallet, along with a lifetime membership NFT granting usage rights to residential facilities (senior welfare housing, residence hotels, and hanok villages). The residential units are supplied as lifetime lease NFTs, which can be freely traded on the global marketplace OpenSea. Foreign investors can purchase using stablecoins, and are exempt from foreign real estate ownership restrictions, allowing free acquisition and transfer. RTC functions as cash within the resort, and operations are governed through a DAO (Decentralized Autonomous Organization) ensuring transparent financial disclosure and stakeholder decisions made by on-chain voting. If a member wishes to withdraw, they may return their RTC and NFT to receive a full refund of the deposit. The resort will include 31,360 residential units, as well as hotels, casinos, general hospitals, leisure centers, water parks, fine dining areas, shopping malls, 13 movie theaters, broadcasting and education centers, an art center, concert hall, opera house, theme park, religious facilities, and golf courses. A cafeteria will be located on the B1 level of the residential area, offering affordable meals. The senior housing operations will be managed through a university-style administration system, providing personalized programs for health, hobbies, and lifestyle. Nearby facilities include a memorial park, eco-energy systems, 6G communications, AI convergence technologies, and Level-5 autonomous vehicles, realizing a next-generation smart city that creates social, economic, and environmental value. RTC holders will receive quarterly dividends, proportionate to their token holdings, from the operational profits of resort facilities such as hotels, casinos, and hospitals, automatically distributed via smart contracts.