Jakarta, Gizmology – More and more crypto assets from Indonesia are popping up. One that is quite anticipated is the NanoByte Token (NBT), where since four months ago its existence has gone viral on social media. Many are interested in this token because there is the support of the big-name Sinar Mas behind it.
The main project of the NanoByte Token (NBT) is Nanovest, an investment application that has been released since November 22, 2021, starting with a waitlist challenge that has made it viral. This application, which is under the umbrella of PT Grow Bersama Nano, has the ambition to provide an easy, safe and fun investment platform for Indonesian investors.
“Last month, we reached the exciting milestone of 2 million downloads on our investment app. We are pleased to announce that we are now partnering with Tokocrypto and KrystalGo to bring more people to join Nano Squad,” said Hutama Pastika, CEO of Nanobyte Token (NBT) Project in an official statement in a newsletter (14/02).
Well, for those who are interested in owning this crypto asset, the Initial DEX (IDO) offering of NanoByte Tokens will be carried out on February 22, 2022, by Tokocrypto Launchpad and KrystalGO. This crypto asset will also be marketed on the DeX PancakeSwap exchange.
Read also: know NanoByte, a Crypto Asset Project Supported by Sinar Mas
Launch of NanoByte Token (NBT) from Indonesia
NanoByte Token aims to bridge cryptocurrencies with traditional/conventional currency systems, by making crypto wallets enabled and aligned with FIAT products such as electronic money, credit cards, insurance, and other investments.
Well, the NanoByte Token is predicted to be the first crypto asset to be launched on the Tokocrypto Launchpad. As a new crypto asset launch platform, Tokocrypto Launchpad aims to support the crypto ecosystem by offering all Tokocrypto users first-look access to quality projects.
Meanwhile, Krystal is a decentralized financial service (DeFi) based multi-chain platform for the launch of new crypto assets. KrystalGO is a platform where every member of the community can easily participate in the token sales of high-quality blockchain projects. Krystal DeFi also manages non-exchangeable tokens (NFT). Backed by investors like Hashed and Crypto.com, Krystal DeFi was built to be a one-stop platform to easily access popular DeFi services such as token exchange and DeFi earnings.
In addition, the NanoByte Token (NBT) will also be launched on PancakeSwap. For those who are already in the crypto ecosystem, of course, they are familiar with the largest exchange platform on the DeFi platform. The presence of the NanoByte Token (NBT) on the DeFi platform is an attempt to gain global exposure.
The partnership between NanoByte Token, Tokocrypto Launchpad, and KrystalGO and its presence on PancakeSwap is considered an important role in bringing NanoByte Token (NBT) to the next level. Tokocrypto will bring NBT to more than 2 million crypto enthusiasts in Indonesia, while Krystal will expand NBT’s reach to markets around the world, from Southeast Asia to India to other countries.
“We are confident that our combined efforts will not only make a splash in the crypto space but will also provide an excellent opportunity for early investors to use NBT and its features as a foundation for their investment journey,” concluded Hutama.
Nanovest Investment App
As alluded to above, the first utility of NanoByte Token is in the Nanovest app. It is claimed to be the first investment application in Indonesia that offers more than 2,000 global shares and more than 100 crypto assets.
The Nanovest investment app offers the convenience of buying global shares and crypto-assets starting from IDR 5,000 at any time and with no transaction fees. Currently, Nanovest only accommodates the purchase of foreign shares (global stocks) available on the US stock exchange and does not accommodate public offerings of any kind.
Nanovest is supported by a number of professional partners who have a good reputation in providing their services. One of them is supported by S-Quantum Engine technology by Sinarmas Financial Services. For global stocks, Nanovest partners with Alpaca Securities LLC, a broker registered with the United States Financial Industry Regulatory Authority (FINRA). They are claimed to have insured the brokerage accounts of Nanovest users for up to $500k by the United States Securities Investor Protection Corporation (SIPC).
As for crypto assets, Nanovest partners with Tokocrypto as a prospective physical crypto asset trader registered with the Commodity Futures Trading Regulatory Agency (CoFTRA). The Nanovest platform itself has also been insured through a partnership with Asuransi Sinarmas.
By using the latest Optical Character Recognition & Anti Money Laundering compliance technology, Nanovest promises a fast, easy and practical Know Your Customer (KYC) process and consumer verification. Users will only take less than 60 seconds including for validation with Dukcapil data. To serve both novice and young investors, Nanovest has easy-to-use, next-generation features, such as real-time market information and curated categories.
The Indonesian version of this article can be read in Gizmologi.ID