Description of Shinshi in Historical Records
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- Hwanung, with a group of 3,000 followers came down to the a sacred tree on Baekdu Mountain, and Hwanung ruled the people of Earth in 360 different matters. He named the place Shinshi, meaning the City of Spirits.
- the Gyuwon Sahwa says that Shinshi (Hangul: 신시씨, Hanja: 神市氏) was a person. Shinshi was the ruler of a state preceding Gojoseon. He taught the manners, culture and civilisation. In addition, he ordered the people to engage in farming and exchange their necessities. It is said he was preceded by Chiwoo and Goshi in turn, for a period of about 11,000 years, before Dangun Wanggeom founded Gojoseon.
- Shinshi was the era before Baedal-guk era and lasted about 120 years. Baedalguk era was the same as Gojoseon, which was ruled by Dangun and lasted over 1000 years.
- After Dangun established Gojoseon, the 6 tribes opened the Shinshi, a kind of feast during which they saluted the sky and sang together in the forest every 10 years. They also opened Joshi (朝市), the morning market and Haeshi(海市), the market facing the sea.
- Shinshi state (BC 3898 ∼ BC 2333) was established by the Hwanung Geobalhwan, and reached its zenith during the reign of Hwanung Chiwoo., .