We are proud to announce that Rupiah Token is listed on Upbit Indonesia with the IDRTL ticker on Monday, February 17, 2020. The token will be available with the trading pair IDRTL/IDR. To commemorate this event, we will hold an airdrop competition from 17-23 February with a total prize of 70 million IDRTL!
What is IDRTL?
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.
Where can I purchase IDRTL?
You can purchase IDRTL on Upbit Indonesia. The official trading will be started on February 17, 2020 on 3pm (GMT+7). Currently, the IDRTL token is only supported by wallet on Upbit exchange and Luniverse (https://idrt.wallet.luniverse.io).
Note: Please don’t send your IDRTL to another wallet (such as Ethereum Wallet, ie Metamask, Argent, Mew, etc.), otherwise you will permanently lose it. IDRT and IDRTB on the Rupiah Token website cannot be used at Upbit Indonesia because they use different blockchains.
What are the rules of competition?
- There will be an airdrop of 10 million IDRTL everyday to IDRTL token holders for a week.
- Holding a minimum 500,000 IDRTL at Snapshot Time 23:59:59 (GMT+7) everyday fromFebruary 17, 2020 to February 23, 2020.
- On each day, 10 million IDRTL will be distributed to IDRTL holder at the Snapshot Time.
- The distributed amount will be proportional to the user’s IDRTL holding amount.
- 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.
How is the prize calculation?
Each trader will share a pool of 10 million IDRTL every day based on the proportion they hold against the total circulating supply during the competition period. The calculation will be as followed:
Example:
Circulating Supply: 100.000.000 IDRTL
User Hold: 20.000.000
Prize calculation: (20/100) x 10.000.000 IDRTL = 2.000.000 IDRTL.
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.
Contacts
To request for partnerships or other collaboration opportunities, please send email to [email protected] or visit rupiahtoken.com to submit a request.
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