IDM Announces Government-Backed Token

·2 min read

Jakarta, Indonesia--(Newsfile Corp. - December 1, 2021) - The IDM team is pleased to announce the release of a special government-backed token. A rare of its kind. According to the team, the IDMToken is supported by the Indonesia Government. This is a welcome development given the recent cases of governments across the globe clamping down on digital currencies.



IDM

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The token, "intended to invite crypto currency investors to finance our big project in building a digital ecosystem of cooperative and MSMEs in Indonesia," is founded by a renowned Indonesia activist, M.C Basyar.

Government's Support

The CEO of IDMToken is one of the Indonesian developers who fought in Indonesia to influence the government to rescind its decision about the misconstrued illegality of cryptocurrency in the country.

Besides the government's support, IDMToken is a big project from Indonesia which enjoys the backing of many celebrities and national media, making it the first project with national backing.

IDMToken is a multipurpose token that has delivered many projects that include but are not limited to:

  • Digitalization cooperatives

  • Crypto Park as a physical project

  • Super apps (IDM messenger, financial technology, e-commerce, and social media)

  • IDM Launchpad, due for release in December 2021

  • IDM NFT (Indonesia Marketplace NFT), to be released in December 2021

The team is creating a three-prong project with emphasis on:

Cooperative Digitalization: The team is putting forward efforts to digitize MSMEs and cooperatives in Indonesia through Marketplace products and digital financial market management.

Crypto Park: Through IDM Coop, the team reiterates its desire to provide cryptocurrency education services for Indonesians to enable them "compete and actively contribute to financial commodity trading."

Super App: IDM Super Apps are Indonesia-made digital products that will enable them to make significant contributions to the country in the areas of MSME commodities and cooperatives or trades.

The team revealed that 1,000,000,000 IDM is the total supply token. 33.1% or 331,000,000 IDM will be burned over time while 9.3% is locked for the next 4 months.

10% is locked for private sale public while 21% is available on Pancake Swap. Marketing wallet holds 10.7% of the tokens while another 10% is allocated to exchange.

Token details

  • Smart contract: 0x14b13e06f75e1f0fd51ca2e699589ef398e10f4c.

  • Name: IDM Token.

  • Network: Binance Smart Chain.

Tax

  • Research and development: 8%.

  • Super investor tax: 2%.

How to buy the token

The IDM team has provided a visual setup to help understand the process to buy. Click here to watch the video.

Twitter: https://twitter.com/IDMToken

Telegram: http://t.me/IDMTokenGlobal

YouTube: https://www.youtube.com/channel/UCmQ14hRoDh3bB3ntJDgGhEw

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

Media contact

Company: IDM Token

Contact Name: MC Basyar

E-mail: info@idmcoop.com

Website: https://idmcoop.com/

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105935

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