JAKARTA, Indonesia, April 9, 2024 - Indonesia has marked significant strides in adopting crypto assets and blockchain technology in the ever-evolving digital era. The country has showcased remarkable growth in the crypto asset industry.

According to data from the Commodity Futures Trading Regulatory Agency (Bappebti), in February 2024, there were 19.18 million crypto asset investors in Indonesia, with an average increase in registered customers of 427.2 thousand customers per month since this data was reported in February 2021. The value of crypto trading transactions in February 2024 amounted to more than US$2,1 billion (up 56.22% from the previous month). The total transaction value for January-February 2024 was more than US$3,4 billion, or an increase of 113.05% compared to the same period in 2023, amounting to US$1,8 billion (yoy), indicating the strong economic potential of the industry.

Asian countries fiercely compete to become hubs for crypto technology development, with Indonesia not lagging in this race. The Indonesian government has proactively created policies supporting the growth of the crypto ecosystem, including regulations facilitating innovation and increasing public awareness of the investment potential in crypto assets.

As a leading #ExchangeIndonesia, <a href="http://tokocrypto.com">Tokocrypto</a> is fully committed to shaping the future of the country's blockchain and digital asset industry. This statement reinforces Tokocrypto's role as a key player in Indonesia's crypto-asset sector, demonstrating its commitment to supporting inclusive and sustainable digital economic growth.

"We at Tokocrypto are proud to be part of this digital transformation and to lead in its initiation. The steps taken by Bappebti, along with full support from the government, provide a solid foundation for the growth of the crypto industry in Indonesia," said the CEO of Tokocrypto, Yudhono Rawis.

Yudho added that the regulation and supervision of crypto assets, previously under Bappebti, will officially transfer to the Financial Services Authority (OJK) in January 2025, building stronger regulations to maintain market integrity and protect consumers. The transition of crypto asset supervision to OJK marks a new chapter in digital financial regulation in Indonesia. With collaboration between regulators and industry players, Indonesia is on the right path to harness the full potential of digital financial assets, including crypto assets, to support national economic growth.

In early 2024, Tokocrypto recorded significant achievements, dominating about 43% of the market based on CoinMarketCap data, with over 4 million users and an average daily transaction exceeding US$30 million. This comprises more than 400 types of tokens and coins traded on the platform, positioning Tokocrypto as a critical indicator in Indonesia's progression within the crypto industry.

The outstanding performance in early 2024 was supported by various positive developments in the crypto world, including optimism towards Bitcoin spot ETFs and anticipation of the Bitcoin halving. Yudhono shared exciting plans for 2024, such as increasing the trading transaction volume to reach US$12 billion (approximately Rp 189 trillion) and doubling its users to 6 million people in 2024.

"The user growth at Tokocrypto reflects a global trend showing increasing interest in crypto investments. Additionally, the increasing adaptation of Indonesian investors indicates that the crypto market continues to grow and become more inclusive for various segments of society," explained Yudho.

Tokocrypto has also significantly contributed to tax revenue from crypto asset transactions in Indonesia during 2024. According to the Directorate General of Taxes of the Ministry of Finance of the Republic of Indonesia, as of February 2024, tax revenue from crypto transactions has reached US$4.5 million. Tokocrypto has contributed approximately US$1.8 million, equivalent to about 40%.

To support innovation, Tokocrypto has made significant changes to Toko Token (TKO), Tokocrypto's original utility crypto token, aimed at advancing blockchain technology adoption in Indonesia. The TKO Foundation, a separate independent entity from Tokocrypto, will manage TKO.

"This will ensure the sustainability of TKO and provide new utilities that would not be possible if TKO were just a simple exchange token," explained Yudho.

The main focus of the TKO Foundation is to develop the TKO token. The TKO Foundation has released a whitepaper introducing a roadmap and a new management team determined to advance this local crypto asset project further. The market capitalisation of TKO tokens has reached US$52 million, making it the most prominent local token.

Since the release of White Paper V4.0 on January 31, 2024, TKO has achieved remarkable success in February 2024, entering the Top Gainers list, according to CryptoRank. TKO's performance has significantly improved, marking a historic milestone and boosting investor confidence.

According to TKO's Monthly Return (USD) data, TKO's performance experienced a significant increase of 68.8% during February 2024. This marks an important milestone in TKO's history, demonstrating the potential of this crypto asset project and its considerable development.

For more details about the V4.0 TKO whitepaper, please refer to the official <a href="https://www.tkotoken.com/">Tkotoken</a> website. Additionally, you can track TKO's price performance on platforms like <a href="https://coinmarketcap.com/currencies/tokocrypto/">CoinMarketCap</a> and <a href="https://cryptorank.io/price/tokocrypto">CryptoRank</a>.

<img style="width: 100%;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/c0d7669238b59df1791acbaf43b19d9c766998dca09bf9288d73ef937112489e/20211118%20tokocrypto%20media%20gathering%20-%2037.jpg" alt="Illustration Tokocrypto mobile app. Source: Tokocrypto." />JAKARTA, Indonesia, April 9, 2024 - Indonesia has marked significant strides in adopting crypto assets and blockchain technology in the ever-evolving digital era. The country has showcased remarkable growth in the crypto asset industry.According to data from the Commodity Futures Trading Regulatory Agency (Bappebti), in February 2024, there were 19.18 million crypto asset investors in Indonesia, with an average increase in registered customers of 427.2 thousand customers per month since this data was reported in February 2021. The value of crypto trading transactions in February 2024 amounted to more than US$2,1 billion (up 56.22% from the previous month). The total transaction value for January-February 2024 was more than US$3,4 billion, or an increase of 113.05% compared to the same period in 2023, amounting to US$1,8 billion (yoy), indicating the strong economic potential of the industry.Asian countries fiercely compete to become hubs for crypto technology development, with Indonesia not lagging in this race. The Indonesian government has proactively created policies supporting the growth of the crypto ecosystem, including regulations facilitating innovation and increasing public awareness of the investment potential in crypto assets.As a leading #ExchangeIndonesia, <a href="http://tokocrypto.com">Tokocrypto</a> is fully committed to shaping the future of the country's blockchain and digital asset industry. This statement reinforces Tokocrypto's role as a key player in Indonesia's crypto-asset sector, demonstrating its commitment to supporting inclusive and sustainable digital economic growth."We at Tokocrypto are proud to be part of this digital transformation and to lead in its initiation. The steps taken by Bappebti, along with full support from the government, provide a solid foundation for the growth of the crypto industry in Indonesia," said the CEO of Tokocrypto, Yudhono Rawis.Yudho added that the regulation and supervision of crypto assets, previously under Bappebti, will officially transfer to the Financial Services Authority (OJK) in January 2025, building stronger regulations to maintain market integrity and protect consumers. The transition of crypto asset supervision to OJK marks a new chapter in digital financial regulation in Indonesia. With collaboration between regulators and industry players, Indonesia is on the right path to harness the full potential of digital financial assets, including crypto assets, to support national economic growth.Sustaining GrowthIn early 2024, Tokocrypto recorded significant achievements, dominating about 43% of the market based on CoinMarketCap data, with over 4 million users and an average daily transaction exceeding US$30 million. This comprises more than 400 types of tokens and coins traded on the platform, positioning Tokocrypto as a critical indicator in Indonesia's progression within the crypto industry.The outstanding performance in early 2024 was supported by various positive developments in the crypto world, including optimism towards Bitcoin spot ETFs and anticipation of the Bitcoin halving. Yudhono shared exciting plans for 2024, such as increasing the trading transaction volume to reach US$12 billion (approximately Rp 189 trillion) and doubling its users to 6 million people in 2024.<img style="width: 100%;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/04dd991326dcb5b009bbb6a9093e70c05e9843eabb05635f387c07d0e1902e5c/PGA08828.JPG" alt="CEO of Tokocrypto, Yudhono Rawis. Source: Tokocrypto." />"The user growth at Tokocrypto reflects a global trend showing increasing interest in crypto investments. Additionally, the increasing adaptation of Indonesian investors indicates that the crypto market continues to grow and become more inclusive for various segments of society," explained Yudho.Tokocrypto has also significantly contributed to tax revenue from crypto asset transactions in Indonesia during 2024. According to the Directorate General of Taxes of the Ministry of Finance of the Republic of Indonesia, as of February 2024, tax revenue from crypto transactions has reached US$4.5 million. Tokocrypto has contributed approximately US$1.8 million, equivalent to about 40%.Toko Token (TKO)To support innovation, Tokocrypto has made significant changes to Toko Token (TKO), Tokocrypto's original utility crypto token, aimed at advancing blockchain technology adoption in Indonesia. The TKO Foundation, a separate independent entity from Tokocrypto, will manage TKO."This will ensure the sustainability of TKO and provide new utilities that would not be possible if TKO were just a simple exchange token," explained Yudho.The main focus of the TKO Foundation is to develop the TKO token. The TKO Foundation has released a whitepaper introducing a roadmap and a new management team determined to advance this local crypto asset project further. The market capitalisation of TKO tokens has reached US$52 million, making it the most prominent local token.Since the release of White Paper V4.0 on January 31, 2024, TKO has achieved remarkable success in February 2024, entering the Top Gainers list, according to CryptoRank. TKO's performance has significantly improved, marking a historic milestone and boosting investor confidence.According to TKO's Monthly Return (USD) data, TKO's performance experienced a significant increase of 68.8% during February 2024. This marks an important milestone in TKO's history, demonstrating the potential of this crypto asset project and its considerable development.For more details about the V4.0 TKO whitepaper, please refer to the official <a href="https://www.tkotoken.com/">Tkotoken</a> website. Additionally, you can track TKO's price performance on platforms like <a href="https://coinmarketcap.com/currencies/tokocrypto/">CoinMarketCap</a> and <a href="https://cryptorank.io/price/tokocrypto">CryptoRank</a>.

Application

Securities / FX / Investment Trusts

Blockchain / Web3

Cryptocurrency

Startups

Tokocrypto Sees Explosive Growth in Users and Trading Volume in Early 2024

JACK IT is thrilled to host the worldwide mobile MOBA community competition, "TOURNAMENTS of TOURNAMENT in South East Asia," in April 2024. Registration is now open for all Mobile MOBA communities.

TOT is a series of exciting tournaments for game community leaders and managers, focusing on Mobile MOBA title communities for the upcoming season. JACK IT aims to provide benefits to community leaders who are dedicated to expanding their communities. This initiative aims to foster future talents, support continuous growth, and contribute to the expansion of the eSports industry as a whole.

■Grade system and total rewards for TOT

The grade will be based on community growth, scale, number of participants, and tournament frequency, using JACK IT's unique valuation basis. The top team in each region will receive a total compensation budget of $40,000 USD, which can be used for future community development activities.

■『TOURNAMENTS OF TOURNAMENT』 SouthEast Asia

Total Rewards：8,000USD＊Out of the total prize pool of 40,000 USD for all tournaments, the prize allocation for the Southeast Asia tournament will be 8,000 dollars.

■HOW TO REGISTER FOR TOURNAMENTS OF TOURNAMENT

Please register using the link below and ensure to complete all fields. By completing this form, you consent to us contacting you via the email you provide.

<a href="https://forms.gle/pc8ns1y8HW5KDQgMA">https://forms.gle/pc8ns1y8HW5KDQgMA</a>

For additional/ more TOT information and the benefits of participation for your game communities, please visit our website or join the Discord channel. Register today to be part of this exciting competition!

JACK IT, the Japan-based eSports community support project, is excited to announce the opening of registrations for the SouthEast Asia regional competition of the "TOURNAMENTS OF TOURNAMENT."

Forty selected communities in the SouthEast Asia region will battle for the title of the best mobile MOBA community, with a total prize pool of $40,000 USD.
<img style="width: 100%;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/5aea17412e23879091f07df101573f33e9a7a973d2b1455d9aa6f71ade887460/TOT_KV.png" alt="Image" />JACK IT is thrilled to host the worldwide mobile MOBA community competition, "TOURNAMENTS of TOURNAMENT in South East Asia," in April 2024. Registration is now open for all Mobile MOBA communities.TOT is a series of exciting tournaments for game community leaders and managers, focusing on Mobile MOBA title communities for the upcoming season. JACK IT aims to provide benefits to community leaders who are dedicated to expanding their communities. This initiative aims to foster future talents, support continuous growth, and contribute to the expansion of the eSports industry as a whole.<h2>■Grade system and total rewards for TOT</h2>The grade will be based on community growth, scale, number of participants, and tournament frequency, using JACK IT's unique valuation basis. The top team in each region will receive a total compensation budget of $40,000 USD, which can be used for future community development activities.<img style="width: 100%;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/dbb3543bdecc720deb3b1277a594d1e75a87a6fead4e0d591b04da084fba8247/TOT%20English%2020P..png" alt="Image" /><h2>■『TOURNAMENTS OF TOURNAMENT』 SouthEast Asia</h2>Date: April 1st 2024〜​Entry Fee：FreeTotal Rewards：8,000USD＊Out of the total prize pool of 40,000 USD for all tournaments, the prize allocation for the Southeast Asia tournament will be 8,000 dollars.<h2>■HOW TO REGISTER FOR TOURNAMENTS OF TOURNAMENT</h2>Please register using the link below and ensure to complete all fields. By completing this form, you consent to us contacting you via the email you provide.Registration Deadline: March 31,2024<a href="https://forms.gle/pc8ns1y8HW5KDQgMA">https://forms.gle/pc8ns1y8HW5KDQgMA</a><h2>■Featured Mobile MOBA titles</h2><img style="width: 100%;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/5bfbc798b73fda06136cbf085a00bafe43a06d23b2852b6ab6f9488ed8b149ef/Featured%20MOBA%20TITLES.png" alt="Image" />Arena of Valor&nbsp;League of Legends: Wild RiftMobile LegendsPokémon UNITEHONOR OF KINGS（王者栄耀）FORTNITEFor additional/ more TOT information and the benefits of participation for your game communities, please visit our website or join the Discord channel. Register today to be part of this exciting competition!

Manga / Anime

Mobile games

Consumer Games

JACK IT, the Japan-based eSports community support project, is excited to announce the opening of registrations for the SouthEast Asia regional competition of the "TOURNAMENTS OF TOURNAMENT."

Forty selected communities in the SouthEast Asia region will battle for the title of the best mobile MOBA community, with a total prize pool of $40,000 USD.


Attention SouthEast Asia Game Communities: JACK IT Presents the "TOURNAMENTS OF TOURNAMENT" Competition with a $40,000 prize

Singapore, July 13, 2023 - <a href="https://metaschool.so/">Metaschool</a>, a Singapore-based web3 ed-tech,<a href="https://metaschool.so/"> </a>has selected 20 Leads for Season 1 of its Nodes Ambassador Program across Asia and Africa. These Node Leads are selected from the 1000 applications received from 10 different countries as the result of a rigorous and highly competitive selection process.&nbsp;

With an acceptance rate of merely 2%, these leads are the cream of the young and burgeoning web3 developer community. These individuals will serve as the spokespersons of Metaschool in their respective citywide developers’ communities and work to promote accessibility to&nbsp;<a href="https://metaschool.so/courses">web3 learning</a>.

With the Nodes Program, Metaschool aims to create the world's biggest decentralized, self-sustainable, eco-friendly community of developers taking the web3 ecosystem forward. The web3 ecosystem is in the early stage; there are 30M developers worldwide, but only 22K developers are actively contributing to the ecosystem. The Nodes Program will serve as an entry point for Devs to actively engage, learn and build in web3 by participating in programs and networking activities organized by Node Leads.

Inspired by the node structure in the blockchain ecosystem, each one of the 20 selected individuals is known as a Node Lead. As representatives of their respective cities, these individuals will serve as the ambassadors of Metaschool. Thus, the startup is poised to establish a borderless connection with the Nodes program via the Node Leads.

The cities that the talented Leads belong to are; Delhi, Bangalore, Islamabad, Agra, Jaipur, Chennai, Karachi, Pune, Kolkata, Faisalabad, Ahmedabad, Lahore, Rahim Yar Khan, Enugu, Hyderabad, and Gurugram.

The Node Leads will get access to a number of perks including but not limited to frequent networking and travel opportunities, exceptional mentorship, the chance to actively and closely partake in the future projects of Metaschool, and getting to earn exclusive NFTs and Meta tokens. Metaschool Nodes Program Season 2 applications are now open. If the opportunity interests you, consider applying&nbsp;<a href="https://docs.google.com/forms/d/e/1FAIpQLScTTSkwLtNrXadVhOT0Z3zJfuEtj5g7SeKbecPLeS2VPNeC7A/viewform">here</a>.

<h1>Metaschool unveils 20 Node Leads for its ambassador program </h1>Singapore-based web3 edtech, Metaschool, has selected 20 leads for its Nodes Ambassador Program across Asia and Africa. These individuals will serve as the spokespersons of Metaschool in their respective citywide developers’ communities and work to promote accessibility to web3 education. Singapore, July 13, 2023 - <a href="https://metaschool.so/">Metaschool</a>, a Singapore-based web3 ed-tech,<a href="https://metaschool.so/"> </a>has selected 20 Leads for Season 1 of its Nodes Ambassador Program across Asia and Africa. These Node Leads are selected from the 1000 applications received from 10 different countries as the result of a rigorous and highly competitive selection process.&nbsp;With an acceptance rate of merely 2%, these leads are the cream of the young and burgeoning web3 developer community. These individuals will serve as the spokespersons of Metaschool in their respective citywide developers’ communities and work to promote accessibility to&nbsp;<a href="https://metaschool.so/courses">web3 learning</a>.With the Nodes Program, Metaschool aims to create the world's biggest decentralized, self-sustainable, eco-friendly community of developers taking the web3 ecosystem forward. The web3 ecosystem is in the early stage; there are 30M developers worldwide, but only 22K developers are actively contributing to the ecosystem. The Nodes Program will serve as an entry point for Devs to actively engage, learn and build in web3 by participating in programs and networking activities organized by Node Leads.<img style="max-width:100%;height:auto;" src="https://vritimes-public.s3.ap-southeast-1.amazonaws.com/production/39ea99489b67d8210bc14d7ed4f1d8834f3a358e80c4c3492da93b7d6a7e0256/Node%20leads%20press%20release%20banner.png" alt="Inner image"/>Inspired by the node structure in the blockchain ecosystem, each one of the 20 selected individuals is known as a Node Lead. As representatives of their respective cities, these individuals will serve as the ambassadors of Metaschool. Thus, the startup is poised to establish a borderless connection with the Nodes program via the Node Leads.The cities that the talented Leads belong to are; Delhi, Bangalore, Islamabad, Agra, Jaipur, Chennai, Karachi, Pune, Kolkata, Faisalabad, Ahmedabad, Lahore, Rahim Yar Khan, Enugu, Hyderabad, and Gurugram.The Node Leads will get access to a number of perks including but not limited to frequent networking and travel opportunities, exceptional mentorship, the chance to actively and closely partake in the future projects of Metaschool, and getting to earn exclusive NFTs and Meta tokens. Metaschool Nodes Program Season 2 applications are now open. If the opportunity interests you, consider applying&nbsp;<a href="https://docs.google.com/forms/d/e/1FAIpQLScTTSkwLtNrXadVhOT0Z3zJfuEtj5g7SeKbecPLeS2VPNeC7A/viewform">here</a>.Metaschool is an ed-tech that makes it easy for devs to learn, build and ship in web3 and prepare for opportunities in the space. The platform has over 130,000 developers. It offers a range of online courses and resources for developers to learn and improve their skills in web3 technologies. For more information, visit metaschool.soSinwan Zahid
sinwan@metaschool.so

Cram school / Preparatory school / Online education

STEM (Science, Tech, Engineering, Math)

Singapore-based web3 edtech, Metaschool, has selected 20 leads for its Nodes Ambassador Program across Asia and Africa. These individuals will serve as the spokespersons of Metaschool in their respective citywide developers’ communities and work to promote accessibility to web3 education. 