Daejeon 'Onttong Sale' Success... 40 Billion Won in Local Currency Issued Over Three Days

Provided by Daejeon City

[Asia Economy (Daejeon) Reporter Jeong Il-woong] The regional Korea Festa-style event, Daejeon's 'Onttong Sale,' is gaining popularity. Since the event began on the 1st of this month, the issuance volume of the local currency Onttong Daejeon has surpassed 40 billion KRW within just three days.

According to Daejeon City on the 5th, the 'Onttong Sale' will continue throughout this month in connection with the government's Korea Sale Festa. The event offers up to 25% cashback on local currency usage and holds various prize events.

With the addition of cashback and other events, the issuance of the local currency Onttong Daejeon is also thriving. On the first day, the issuance amount reached 18 billion KRW, and the cumulative issuance over three days exceeded 40 billion KRW.

In particular, considering that the local currency can only be used within Daejeon, the city expects that the increased issuance volume will also contribute to revitalizing the local economy.

Meanwhile, since the 2nd, the city has been conducting bold events such as offering half-price coupons to the first 1,000 customers.

Additionally, starting from the 1st in Seo-gu, a consumption promotion relay by autonomous districts is underway, where users who spend more than 10,000 KRW in Onttong Daejeon are entered into a draw to receive 10,000 KRW in Onttong Daejeon, aiming to increase the number of users.

Ko Hyun-deok, Director of the Job and Economy Bureau of the city, said, “We hope Onttong Sale will provide some support to local citizens and small business owners struggling due to COVID-19,” and added, “The city will make every effort to ensure that the events planned to coincide with the Onttong Sale period proceed smoothly.”

This content was produced with the assistance of AI translation services.