IDRTL Will Be Listed on Upbit Indonesia

Hi IDRTers,

Happy Monday, guys! We are really pleased to tell you that IDRTL soon will be available and tradable on Upbit Indonesia (https://id.Upbit.com/home) on Monday, February 17, 2020 with the initial pair of IDRTL/IDR!

As we mentioned before, IDRTL is the Luniverse Chain version of IDRT. Similar to IDRT, One IDRTL is equal to one Indonesian Rupiah on the Luniverse Chain. Each IDRTL is 100% collateralized by a corresponding IDR held in accounts subject to regular public reporting of reserves and is kept in an Indonesian Bank account. You can purchase and trade IDRTL on Upbit Indonesia by using your fiat Indonesian Rupiah.

To celebrate this occasion, we will be giving a total airdrop of 70,000,000 IDRTL to the token holders for a period of one week (10,000,000 IDRTL per day). The competition will start on Tuesday, February 17, 2020 and lasts for 7 days. Get ready and please read the details below:

There will be an airdrop of 10,000,000 IDRTL everyday to IDRTL token holders for a week.
Maintain a minimum 500,000 IDRTL at Snapshot Time (23:59:59 GMT+7) everyday from February 17, 2020 to February 23, 2020.
On each day, 10,000,000 IDRTL will be distributed to IDRTL holder at the Snapshot Time.
The distributed amount will be proportional to the user’s IDRTL holding amount.

Payout

The total distributed amount will be paid on February 24, 2020 to your IDRTL wallet.
You can check at your Upbit Exchange Wallet by going to: Wallet > IDRTL > History.

Reward Calculation:

Each trader will share a pool of 10.000.000 IDRTL every day based on the proportion of IDRTL that they hold against the total circulating supply during the competition period. The reward calculation will be as follows:

Example:

Circulating Supply: 100.000.000 IDRTL
User Hold: 20.000.000 IDRTL
Reward: (20/100) x 10.000.000 IDRTL = 2.000.000 IDRTL

So what are you waiting for? Join the competition and get a chance to win the prize!

Note: Please be informed that currently, the wallets that can support IDRTL are Upbit Exchange Wallet and https://idrt.wallet.luniverse.io/. You can create your own IDRTL wallet and make transactions by using these supporting wallets. Please be informed not to send IDRTL to any other wallet such as ethereum wallet (metamask, mew, etc) since your money will be lost permanently.

About Upbit Indonesia

Upbit, founded by Dunamu Inc. in 2017, is the largest Crypto Asset exchange in South Korea with world-class blockchain technology, regulatory expertise, and operational know-how. Upbit is currently available in South Korea, Singapore, and Indonesia, and can be used via the web and mobile apps available on Google Play Store and iOS App Store.

About Rupiah Token

PT Rupiah Token Indonesia is a venture-capital-backed startup based in Jakarta, Indonesia. As a leading Blockchain technology company, our mission is to boost the acceptance of Indonesian Rupiah worldwide and accelerate the transition to a more inclusive and open financial system. Since our establishment in January 2019, we have been hard at work developing our service in Indonesia and listing our tokens on reputable exchanges.