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Crypto 'Made in Indonesia' is about to launch

Crypto assets are developing quite rapidly in Indonesia. Domestically-made crypto tokens will be coming soon.

This token is named IDM. The presence of this token is expected to support the Proudly Made in Indonesia movement.

"All of our projects are dedicated to this country. Also as a happy reaction when we heard that the Proudly Made in Indonesia National Movement led by Mr. Luhut Binsar Panjaitan (Coordinating Minister of Marves) will continue to campaign for the movement massively. Because for us, this is a path of struggle in the millennial era and the current generation Z, which is fast-paced and open," said CEO of Indonesia Digital Cooperatives (IDM Co-op) M. Chairul Basyar in his statement, Monday (10/11/2021). Basyar said the IDM token was designed to finance projects from IDM. Co-op (Indonesian digital millennial cooperative). The goal is to build a digital ecosystem of cooperatives in Indonesia, digital financial system education, and super IDM applications. Public interest in crypto tokens is also considered quite good. This can be seen from private sales activities.

"IDM's optimism was seen when conducting a private sale as the initial stage of the ICO, IDM tokens sold out in 3 days in the private sale event," he explained.

In addition, it will also conduct a presale and then launch via Defi on the Binance network.

"Before that, there will be an AMA by presenting Mr. Jerry Sambuaga (Deputy Minister of Trade) as a keynote speaker," said Basyar. Indonesia does not want to lose and will launch the 'Made In Indonesia' digital coin.

CEO of Indonesia Digital Cooperatives (IDM Co-op) M Chairul Basyar said his party will launch a crypto token on October 28, 2021. The coin will be developed with the MSME digitization project through cooperatives to the development of super apps.

Basyar explained that currently, cryptocurrencies are increasingly becoming the prima donna. Inevitably the mainstay of crypto coins, namely Bitcoin, is when it penetrates for IDR 734 million per coin. Not only that, crypto exchange activities on Defi (Decentralized Finance) and exchanges are increasingly crowded and showing improvement. investors buy tokens to finance token creator projects which can later create profits for investors through the increase in the price of the tokens invested," Basyar said in a written statement, Saturday (9/10/2021). finance projects that have been prepared to run. The projects currently being carried out are assisting the government in creating a digital cooperative ecosystem in Indonesia, educating the digital financial system evenly, and creating super applications.

"The super application is expected to be the pride of the Indonesian people, wherein one hand everyone can connect via messenger, say hello through social media, be productive with the marketplace, and be easy with the fintech. So in one application, everything is available, and this is our cooperative. dedicate to Indonesia," said Basyar.

Basyar said this crypto token can be used as a commodity, not as a means of payment, and hopes that in the future the IDM cooperative will be able to help fellow cooperatives in Indonesia from the center to the villages. financial) the Binance network, namely Pancake Swap. And the process can be through an exchange that has been legally registered with CoFTRA," he said.

He hopes that all Indonesian people who want to buy the token will not forget to do in-depth research on the IDM Co-Op site.

"We together with the Ministry of Trade and the Ministry of Cooperatives and SMEs want to make something big related to digitization. Even in the middle of this month, IDM and the Vice Minister of Trade Jerry Sambuaga will jointly hold an AMA (Ask Me Anything) event which will answer all questions about the ICO," he concluded. Currently, in looking for trading profits, cryptocurrencies can also be used as a solution for project financing for a company or institution and even a community. By launching utility tokens, investors buy tokens to finance token creator projects which can later create profits for investors through increasing the price of the tokens invested this," Basyar said in a press statement, Friday (10/8/2021).

Basyar also explained that the projects currently being carried out are to assist the government in creating a digital ecosystem of cooperatives in Indonesia, to educate the digital financial system evenly, and to create super applications. This cooperative is managed by young people who, according to Basyar, have the vision to develop further. "The super application is expected to be the pride of the Indonesian people, who in one hand can all connect via messenger, say hello through social media, be productive with a marketplace, and have everything in common. It's easy with the fintech. So in one application, everything is there, and this is a cooperative we want to present to Indonesia, "said Basyar.

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