RupiahToken – The First Stablecoin Backed By Rupiah

A few weeks ago, Rupiah Token officially announced its new partnership with Harmony. Together with Harmony, we are now building Rupiah Token on top of Harmony chain which we call HIDR. Through this partnership, we aim to grow the Rupiah Token ecosystem further within the Harmony blockchain network (HRC20). 

Harmony is the next generation sharding-based blockchain that is fully scalable, provably secure, and energy-efficient. Harmony addresses the problems of existing blockchains by combining the best research results and engineering practice in an optimally tuned system. As a stablecoin which is backed 1:1 by fiat Indonesian Rupiah, we believe combining our stablecoin features and on/off ramp capabilities with the Harmony blockchain network would yield the best possible results for various use-cases such as in Decentralized Finance (DeFi), Cross-border transactions, and cross-chain infrastructure.

Soon, you will be able to convert your IDRT (ERC20) to HIDR and vice versa simply by using platforms such as https://swoop.exchange/, whereby the IDRT (ERC20) itself is already connected to local on/off ramp platforms such as Pintu mobile app (https://pintu.co.id) and Rupiah Token website (https://rupiahtoken.com/)  which enable you to convert the IDR fiat <> IDRT (ERC20) anytime, anywhere, and instantly.

Through the Hack the Horizon event, Harmony and Rupiah Token are seeking for some of the most innovative and beneficial use-cases of HIDR that we can build in this ecosystem. Hack the Horizon is a collaborative, creative, and inclusive cross-chain hackathon focused on building applications that utilize the Horizon Bridge. Its singular aim is to work with Ethereum and Harmony developers to build the most interesting, useful, and innovative applications that take advantage of Ethereum and Harmony’s strengths. The event starts from 17 November 2020 to 17 January 2021. We visionize to build more real-world applications of IDRT on the Harmony chain mainly in the area of DeFi, remittances and on/off ramp solutions, and other relevant projects.

Hackathon Details

So, if you are a team of developers and interested in exploring HIDR potential use-cases, we encourage you to participate in this hackathon event! We are looking for the various applications of HIDR within the following scopes: 

1. Cross-chain Infrastructure: We are focused on bridging Harmony with other layer 1 blockchains. We are looking for developers to build protocols for cross-chain lending, DEX and additional components for the trustless Horizon bridge.
2. DeFi Showcase:We are looking for developers to build and port finance protocols utilizing our Horizon bridge. Bridge liquidity from Ethereum and demonstrate applications that take advantage of Harmony’s fast finality and low fees.
3. Fiat Utility: Build integrations that would allow fiat currency holders to access ONE and HRC20 tokens and connect ONE to fiat merchants and users.

Workshops

Harmony is partnering up with BAND for this event. They will be providing support to the participants throughout the event and teach the participants on how to use the relevant network and tools. The participants will be given the invitation to these workshops once registered for the event. The list of judges and mentors can be found in the official announcement here.

Rewards

There will be a total rewards of USD 50,000 which will be distributed with the following details:First Prize (5 winners)

1. First Winner (5 Winners)

• $3,000 in ONE Tokens
• 1 year subscription to Messari Pro worth $360
• 1 year subscription to The Defiant worth $100
• .crypto domain from Unstoppable Domains worth $40
• Coingecko Shirt and Notebook
• Harmony T-shirt

2. Second Prize (7 winners)

• $2,000 in ONE Tokens
• .crypto domain from Unstoppable Domains worth $40
• Harmony T-shirt

3. Third Prize (10 winners)

• $1,000 in ONE Tokens
• .crypto domain from Unstoppable Domains worth $40
• Harmony T-shirt

4. Band Protocol Partner Prize

• $3,000

NOTE: The Band Protocol Partner Prize will be awarded $1,500 in BAND and $1,500 in ONE tokens. The criteria for this is “Best use of BandChain on Harmony” and will be a prize awarded by Band and Harmony

Interested to join and learn more about the Hack the Horizon event? We encourage you to check out the details in the following links:

1. https://gitcoin.co/hackathon/hack-the-horizon/onboard
2. https://gitcoin.co/issue/harmony-one/hackathon/1/100024063 

In response to the growing stablecoin market, the issuer of Stablecoin, Rupiah Token, BiLira, BRZ, EURS, and Stablecorp collaborate and announce the formation and launch official Stablecoin Alliance (SA). SA is a non-profit international organization consisting of unrestricted stablecoin issuing companies from major exchanges or trading platforms. Its main mission is to accelerate the adoption and use of stablecoin in the world by advocating for the highest standards of safety and compliance.

This organization is global and spanning transcontinental memberships and multiple trading and asset centers digital world. This non-profit organization consists of companies that publish stablecoin originating from various parts of the world such as Indonesia (Rupiah Token), Europe (EURS), Turkey (BiLira), Brazil (BRZ Token), Canada (Stablecorp).

After going through an independent discussion process throughout 2020, the members realized that they have the same development goals in carrying out expansion efforts. Respectively – each member company understands that to be able to drive a narrative around the progress and existence of stablecoin in the global arena requires a strong emphasis on compliance and best practices to establish and maintain comfort and assurance against the user. To facilitate this goal, the parties emphasized the need for strengthening stablecoin protocols and best practices. This is to help create and maintains a sense of security for users. Apart from that, SA wanted to explore the manufacture and maintenance of foreign exchange lines above blockchain and trading pairs that available among member stablecoin, developing and refining the narrative around the process of listing stablecoin on global exchanges, and recommending promotions for independent stablecoin projects.

Stablecoin Alliance members firmly believe that as the ecosystem develops digital assets, builds the right pathways to stablecoin fiat ( on-ramp ) to act locally as a foreign exchange channel on the blockchain is very important to support online adoption bulk.  Globally, stablecoins have shown good performance in 2020 in total the supply of coins in circulation increased by 400% which is over $ 5 billion compared to the beginning year. The total supply of stablecoins in the third quarter almost doubled from the second quarter, and The total stablecoin market cap has also exceeded $ 20 billion at the time of writing.                 

In other related developments, the Securities and Exchange Commission (SEC) and Office of the Comptroller of the Currency (OCC) issued guidelines about stablecoin that is supported by fiat. Many of the world’s leading countries, including the US, China, Japan, Canada, and The EU, has expressed great interest in issuing digital currencies at central banks themselves.

About Stablecoins 

Stablecoins are a digital asset vertical that is growing rapidly lately. Fiat stablecoins are digital assets that have properties like FIAT currencies in a sense protected from crypto market volatility. Stablecoins have become part of that infrastructure important in the digital asset ecosystem. They provide efficiency and effectiveness only owned by digital assets such as online transaction settlement, ease of tracking, no changeable/immutable, and, very low transaction fees.  Stablecoins are becoming an increasingly popular asset due to their coping abilities imperfections in fiat currency and weaknesses of the current transaction system. This type of cryptocurrency is designed to hedge against the volatility of the crypto market. Solution such can be supported by relatively stable assets such as commodities, banknotes, or other cryptocurrencies.

Rupiah Token 

Rupiah Token (IDRT) allows you to use Indonesian Rupiah directly on over Ethereum & Binance Chain. Rupiah token is a token that has a value of 1: 1 with Rupiah which can be traded on global and local exchanges such as Pintu Application.  

Bilira 

BiLira is a stable cryptocurrency supported by the Turkish Lira. This means you always can buy and exchange 1 BiLira for ₺1.00 Turkish Lira.  

BRZ 

The BRZ token is a circulating Brazilian stablecoin that makes Brazilian society possible direct access to various asset pairs on the exchange and to trade currencies stable money pegged to real (BRL) on a global scale.   

EURS 

EURS is the largest euro-backed digital asset, combining the benefits of currency second most trafficked in the world by transparency, permanence, and blockchain efficiency. 

Stablecorp

Stablecorp is the company behind publishing and managing QCAD, the marketplace CAD stablecoin the first mass.  

Learn more about the Stablecoin Alliance at https://stablecoinalliance.org/

Rupiah Token and DASH are collaborating on the crypto use-cases for our Indonesian users. We are excited to inform that from now on, Indonesian users can easily convert their fiat Rupiah to Rupiah Token (IDRT) and simply convert it to DASH token on https://rupiahtoken.com/exchange which is powered by  Liquid Quick Exchange (QEX). QEX is a feature that facilitates the simple exchange of digital assets without having to navigate complex trading dashboards.

Rupiah Token has been a front-runner start-up to promote crypto assets and its adoption for various use-cases by creating an IDRT stablecoin which is backed by 1:1 by Indonesian rupiah. IDRT is set to not only become Indonesia’s first stablecoin, but also set to transform how the public uses digital assets. IDRT is available on multiple blockchains namely Ethereum blockchain (ERC-20), Binance Chain (BEP-2), and Luniverse chain (ERC-20).

The way Rupiah Token works, in a nutshell, is that our user can simply deposit 1 Rupiah Token for 1 fiat Rupiah and withdraw the Rupiah Token back to fiat Indonesian Rupiah at any time via our website (https://rupiahtoken.com/) or via mobile wallet app (https://pintu.co.id). Rupiah Token is currently focusing to ease Indonesian traders in accessing global exchanges and thus it has now been listed on several top global exchanges such as Liquid, Binance, Binance DEX, Uniswap, HitBTC, Upbit Indonesia, Changelly, etc. 

Meanwhile Dash aims to be the most user-friendly and scalable payments-focused cryptocurrency in the world. Its network features instantly settled & respendable transactions, 51% attack immunity, optionally private transactions and the first decentralized blockchain governance and self-funding model through incentivized full nodes which enable mass adoption scaling.

While Dash is based on Bitcoin and compatible with many key components of the Bitcoin ecosystem, its two-tier network structure offers significant improvements in transaction speed, privacy and governance. This section of the documentation describes these and many more key features that set Dash apart in the blockchain economy.

“The collaboration between Rupiah Token and DASH makes it easier for the users to access the digital assets space directly from fiat. As DASH is a useful alternative for cash and credit cards, we believe the easiest way to own it is through a trustful and user-friendly platform. We are excited to see more and more users have easy access to cryptocurrency and wider real world applications.” said Shabrina Adani, Director of Rupiah Token.

Meanwhile, Felix Mago, Co-Founder at DASH NEXT, also stated that “After successful market entries in other Asian countries Indonesia is one of the most important ones. With the exciting Rupiah Token project we created now another great, easy and fast Fiat on/off ramp for the locals to get into Dash.”

How to Deposit IDRT from fiat in Pintu App?

1.Download Pintu App here.

2.Click Deposit the Rupiah card on the homepage or in the Rupiah wallet in the wallet menu.

3. Transfer Your Rupiah to BNI Virtual Account.

How to Convert Rupiah to DASH Token?

1. Head over to the Buy and Swap feature here.

2. Select the currencies, i.e. IDRT and Input the amount that you want to buy. 

3. Sign in to your Liquid account or create your Liquid account if you don’t have any.

4. It will direct you to your wallet address and click next.

5. Send your IDRT to the IDRT Wallet Address / QR Code shown on the Quick Exchange platform via your Pintu wallet. 

How to send IDRT to the IDRT Wallet?

• Download or open Pintu App and click send 
• Choose the blockchain.
  

• Scan the QR code shown on the quick exchange platform. 

6. And swap is done! You will receive the DASH token on your wallet.

Hi IDRTers!

Rupiah Token is pleased to announce that we are going to held IDRT Lucky Trading on Liquid. The competition will start in October 2020.

Join the competition and stand a chance to win millions of IDRT for 70+ winners!

Please make sure you have your Liquid account verified! If you haven’t, we advise you to verify it before the event starts!

How to verify your account on Liquid?

1. Register your account on Liquid.
2. After the e-mail is verified, click “my profile” in your Liquid account and set up 2FA according to the instructions.
3. Start verifying your data by uploading your identity (KTP or Passport) and uploading a selfie! Proof of address is optional / not required to be uploaded.

About Liquid

Liquid is an online cryptocurrency exchange where you can trade a wide range of fiat/crypto and crypto/cryptocurrency pairs. Its innovative order book, called the World Book, combines a global network of liquidity sources in order to provide access to a higher level of liquidity and better price matching.

Liquid’s parent company, Quoine, is headquartered in Tokyo and is licensed by the Japanese Financial Services Agency. Quoine was founded in 2014 and launched Quoinex, a fiat-to-crypto trading platform, in the same year.

In September 2018, Liquid was formed from the amalgamation of Quoinex and Qryptos.

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 the 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 email shabri[email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational

Telegram (ID): https://t.me/rupiahtokenindonesia

Twitter: https://twitter.com/RupiahTokenIDRT

Website: https://rupiahtoken.com

Blog: https://rupiahtoken.com/blog

Hi IDRTers,

The Video Competition by Rupiah Token & Liquid is over! Congratulations to the winners and thank you for participating. Keep up with the latest information about Rupiah Token and stay tuned for our next exciting event!

1st Place: [email protected] (https://youtu.be/1pHC9y1xels) — 1,000k IDRT

2nd Place: [email protected] (https://youtu.be/not91M9_sq4) — 700k IDRT

3rd Place: [email protected] (https://youtu.be/qWuH86D6UDs) — 300k IDRT

Favourite Winner: [email protected] (https://youtu.be/Nw7-Lq1TLBg) — 50k IDRT 

Prize Distribution

All the winners please contact telegram @ramaraditya to confirm and send your wallet address. Prizes will be distributed to the winner’s wallet address by the latest on September 25, 2020. 

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 the 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 partnerships or other collaboration opportunities, please send email to je[email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational
Telegram (ID): https://t.me/rupiahtokenindonesia
Twitter: https://twitter.com/RupiahTokenIDRT
Instagram: https://www.instagram.com/rupiahtoken/
Website: https://rupiahtoken.com/

Rupiah Token and Liquid, part of Quoine Pte Ltd. have signed a strategic collaboration agreement that includes the integration of Rupiah Token (IDRT) into Liquid’s instant swap system “Quick Exchange” and integrating Quick Exchange widget on its website.

This service will allow you to easily and quickly convert IDRT with more than 100 different cryptocurrencies and vice versa. This service will be available on the Rupiah Token website starting on 10 September 2020. Head over to the Buy and Swap feature here.

Rupiah Token has been a front-runner start-up to promote crypto assets and its adoption for wide-ranging use by creating a stablecoin IDRT pegged to Indonesian rupiah. IDRT is set to not only become Indonesia’s first stablecoin, but also set to transform how the public uses digital assets.

Shabrina Adani, Director of Rupiah Token, stated that this partnership could make a better crypto ecosystem for Indonesian users.

“Liquid is an important and strategic partner of Rupiah Token. Together, we have the vision to create better access to the crypto ecosystem for Indonesian users, in which one of the milestones is through the Quick Exchange platform. We believe that the simplicity and user-friendly features of Quick Exchange could encourage more people to trade and invest in crypto as well as become the strong bridge of the fiat-crypto world in Indonesia crypto landscape,” Shabrina said.

Meanwhile, Marisa Yoshikawa McKnight, Global Business Development and Sales at Liquid.com, also stated “We are excited to partner with Rupiah Token (IDRT) who is strong in the Indonesian market. Using Quick Exchange we can improve the UX together and ease access to acquire cryptocurrency for first-timers. By employing a globalization strategy- bringing the global Quick Exchange product to Indonesia via our local partners – we expect this to be a win-win”

About Quick Exchange

Quick Exchange by Liquid is a feature that facilitates the simple exchange of digital assets and fiat currency. Trade without having to navigate complex trading dashboards.

You can select the currency you’d like to buy and the currency you’d like to pay with. Enter the amount and complete the transaction.

How to use the Liquid Quick Exchange feature on Rupiah Token?

Head over to the Buy and Swap feature here.

Buy Fiat-to-Crypto

1. Select the currencies, i.e. IDR
2. Input the amount that you want to buy
3. Select the currencies you’d like to receive at the bottom, i.e. Bitcoin (BTC
4. You can see the amount of crypto that you’ll receive on this tab
5. Click Buy With Visa
6. Sign Up or Log in to Liquid Exchange to finish the transaction

Swap Crypto-to-Crypto

1. Select the cryptocurrencies, i.e. Ether (ETH)
2. Input the amount that you want to swap
3. Select the currencies you’d like to receive at the bottom, i.e. Rupiah Token (IDRT)
4. You can see the amount of crypto that you’ll receive on this tab
5. Click Swap Now
6. Sign Up or Log in to Liquid Exchange to finish the transaction

How long does a Quick Exchange order take to complete?

A Liquid Quick Exchange order will be instantly processed by Liquid. Once you have submitted the trade your wallet balances will be updated.

What are the fees for Quick Exchange?

There is no set fee for Liquid Quick Exchange. Instead, Liquid Quick Exchange users will pay a premium on the spread between the two currencies to account for price movement and volatility.

What is the smallest and largest order size for Quick Exchange?

Max limit of 40,000 USDe and min of 0.05 USDe (limits fluctuate due to exchange rates). There are also limits based on the trading pairs you select, based on liquidity. If your desired trade exceeds a limit the system will notify you and prevent execution.

Disclaimer: this service is powered by Liquid. If you have any question, please contact Liquid Customer Service at [email protected]

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 email [email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational

Telegram (ID): https://t.me/rupiahtokenindonesia

Twitter: https://twitter.com/RupiahTokenIDRT

Website: https://rupiahtoken.com

Blog: https://rupiahtoken.com/blog

Hi IDRTers!

Rupiah Token and Harmony would like to invite you to Harmony Community Call with the topic “Rupiah Token Integration on Hamony Chain. There will be a $50 reward for winners of our trivia; want to participate come early. Trivia starts exactly 11 am Jakarta Time and will last for no more than the first 5 minutes. Let’s join the session!

AMA will be held on:

Date: Friday, August 07, 2020

Time: 11 am Jakarta Time

Location: https://Harmony.one/Hangouts

About Rupiah Token and Harmony Partnership

Harmony is a well-known blockchain network aimed at decentralized applications (DApps) using Effective Proof-of-Stake (EPoS) technology. With this partnership, Rupiah Token will launch its token (IDRT) on the Harmony Blockchain network (HRC20 Token).

Harmony is the next generation sharding-based blockchain that is fully scalable, provably secure, and energy-efficient. Harmony addresses the problems of existing blockchains by combining the best research results and engineering practice in an optimally tuned system.

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 its establishment in January 2019, Rupiah Token has been developing its services in Indonesia and building its ecosystem further by getting listed on reputable global cryptocurrency exchanges, integrating with leading crypto wallets, and partnering up with relevant stakeholders.

Contacts

To request partnerships or other collaboration opportunities, please send an email to je[email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational

Telegram (ID): https://t.me/rupiahtokenindonesia

Twitter: https://twitter.com/RupiahTokenIDRT

Instagram: https://www.instagram.com/rupiahtoken/

Website: https://rupiahtoken.com/

Blog: https://rupiahtoken.com/blog

We are pleased to announce that the Rupiah Token (IDRT) will soon be integrated with Harmony. Blockchain Harmony supports four shards of a thousand nodes, producing blocks in 8 seconds with finality.

‍Harmony is a well-known blockchain network aimed at decentralized applications (DApps) using Effective Proof-of-Stake (EPoS) technology. With this partnership, Rupiah Token will launch its token (IDRT) on the Harmony Blockchain network (HRC20 Token).

Harmony is the next generation sharding-based blockchain that is fully scalable, provably secure, and energy-efficient. Harmony addresses the problems of existing blockchains by combining the best research results and engineering practice in an optimally tuned system.

By innovating on both the protocol and network layers, Harmony provides the world with a scalable and secure blockchain system that is able to support the emerging decentralized economy. Harmony will enable applications that were not previously feasible on the blockchain, including high-volume decentralized exchanges and Internet-of-Things transactions. Harmony strives to scale trust for billions of people and create a radically fair economy.

The partnership between Rupiah Token and Harmony can open up opportunities for cross-border transactions not only in Indonesia, but also in Asia. The existence of the IDRT token on Harmony will allow settlement in real-time for each transaction. With the integration of IDRT on the Harmony blockchain, users can enjoy low-cost instant transactions (less than US$ 0.00001). Also, with infrastructure support and integration with the banking network owned by Rupiah Token, users will easily convert their IDR fiat to stable coins and vice versa.

Shabrina Adani, Business Development Manager of Indonesian Token Rupiah, stated that the integration of Rupiah Token (IDRT) with Harmony is in line with the company’s mission to increase the adoption of Rupiah Token (IDRT) in the blockchain and cryptocurrency ecosystem.

“We believe this partnership will bring greater success to Rupiah Token as the first Indonesia’s stablecoin and Harmony as a strong technology foundation. We are confident that this partnership can serve Indonesian users not only in the natural on/off ramp solution to global exchanges, but also to use and transfer their Rupiah to anywhere in the world,” Shabrina said.

Meanwhile, Stephen Tse, CEO of Harmony, also said that this collaboration will bring a positive impact on the development of the blockchain industry in Indonesia, and even Asia.

“We are excited to expand in booming markets like Indonesia, where the pain points of cross-border finance are most felt. Rupiah Token is a trusted partner opening the gates for using stablecoins for settlement in the Indonesian corridors. They bring a great combination of a reliable local fintech infrastructure and new age stable digital assets, like the Rupiah Token.”

The next step, Rupiah Token and Harmony will look for partnerships in the existing blockchain and startup ecosystem to be able to take advantage of IDRT on the Harmony blockchain network.

In the next period, Harmony will hold a hackathon to further explore and build innovation through the IDRT token on the Harmony blockchain network.

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 its establishment in January 2019, Rupiah Token has been developing its services in Indonesia and building its ecosystem further by getting listed on reputable global cryptocurrency exchanges, integrating with leading crypto wallets, and partnering up with relevant stakeholders.

Contacts

To request partnerships or other collaboration opportunities, please send email to [email protected] or visit rupiahtoken.com to submit a request.

Telegram (EN): https://t.me/rupiahtokeninternational

Telegram (ID): https://t.me/rupiahtokenindonesia

Twitter: https://twitter.com/RupiahTokenIDRT

Instagram: https://www.instagram.com/rupiahtoken/

Website: https://rupiahtoken.com/

Blog : https://rupiahtoken.com/blog

Hi IDRTers!

Rupiah Token and Liquid would like to invite you to join a VIDEO COMPETITION which will be conducted from July 27th to August 31st 2020.

The most creative, interesting, and informative content will be eligible to win a total prize of IDRT 2,500,000 from Rupiah Token and Liquid.

Please check the instructions below for more details!

Schedule:

July 27th – August 31st 2020

Rule Details

1. Create one Youtube Video showing your TRADING OR BUY/SELL activities on Liquid. Your video could be in a form of vlog, video tutorial, or anything. Be as creative as you can!
2. Please share about Liquid referral program and share your referral code* in that video. Please also include your Liquid referral link on the video details section.
3. Like this Instagram post and follow Rupiah Token Instagram account @rupiahtoken, Liquid Instagram account @liquid_global, and Rupiah Token Twitter account @RupiahTokenIDRT.
4. Please MENTION 3 OF YOUR FRIENDS on this post comment section.
5. Create one or more contents on your social media platforms which shows the step-by-step / tutorial on how people can TRADE or BUY/SELL IDRT in Liquid. Your video could be in a form of vlog, video tutorial, or anything. Be as creative as you can!
6. Video competition period will start from 27/07/2020 to 31/08/2020. The winners will be announced on September 2020.
7. Upload your video to YOUTUBE and fill in the following form to confirm your submission ( IDRT x Liquid Video Competition ).

*Share your referral code & get 30% of their trading fees back! Your referees will also get 10% discount in trading fees for their transactions.

Prize Structure

Rupiah Token and Liquid will choose three winners with the most attractive and informative contents. The top three winners will be chosen using several parameters such as the information described in the contents, creativity, number of impressions, etc.

1st place: 1,000,000 IDRT

2nd place: 700,000 IDRT

3rd place: 300,000 IDRT

10 Favorite Winners: 50,000 IDRT for each

*10 Favorit winners based on judges discretion

Winner Announcement and Prize Distribution

Winners will be announced and prizes will be distributed on September 2020.