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Blockchain Press Releases

Palapa Tap Tap Hero Game, Indonesia’s First Telegram-Based GameFi

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JAKARTA, Indonesia, Nov. 8, 2024 /PRNewswire/ — Bittime, a regulated Indonesia crypto exchange, has experienced a significant 10x growth in two consecutive years. In collaboration with Palapa, its platform token, Bittime has launched Palapa Tap Tap Hero, Indonesia’s first Telegram-based Game Finance (GameFi) project. Palapa is currently conducting its final airdrop, with a snapshot scheduled for November 11, 2024, and the listing planned for November 13th, 2024.

Since the approval of the Bitcoin ETF Spot in January 2024, the global crypto industry has shown significant growth in crypto market adoption, including Indonesia. Evidently, Indonesia’s position has skyrocketed and become the No.3 country for global crypto adoption, based on Chainalysis.

This large potential growth of the blockchain and crypto industry in Indonesia, then became the basis for Bittime to emphasize the prevailing momentum. Furthermore, according to CoinGecko, one of the world’s largest independent crypto data aggregation platforms, Bittime is the top Indonesia crypto exchange.

As for Bittime platform token, Palapa has been officially registered by the Commodity Futures Trading Supervisory Agency of Indonesia (Bappebti) and has been listed as one of the 545 crypto assets under Bappebti supervision that can be traded.

Remaining success on its first airdrop celebration, Bittime and Palapa Token released a Telegram-based GameFi, Palapa TapTap Hero. This game is considered to be able to provide an interactive experience that is not only entertaining, but also introduces blockchain technology and crypto adoption to the wider community.

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Ryan Lymn, CEO of Bittime, sees the enthusiasm of crypto assets adoption should be appreciated, especially for the young investors. He highlights that Palapa TapTap Hero Game, will enhance the user experiences and literacy about the blockchain ecosystem.

“We believe that by launching this Telegram-based game, Bittime and Palapa will be able to reach more people, while also providing fun introduction about the blockchain technology that underpins the crypto themselves,” explained Ryan.

Through the launch of the Palapa TapTap Hero game, Ryan stated that Bittime wants to encourage significant growth in the adoption of crypto and Web3 in Indonesia. Moreover, he believes that with this game, it will be easier for the young investor to get to know the blockchain industry and crypto.

Bittime and Palapa optimists that Palapa TapTap Hero Game will have a significant impact on the global adoption of blockchain, particularly in Indonesia. This game is not only a new innovation from the Indonesian Web3 industry, but it also marks Palapa ($PLPA) Token Generation Event (TGE), which is projected on 13th November, 2024.

Jimmy Siswanto, CEO of Palapa, stated that they were very excited with the launch of Palapa TapTap Hero. He believes this is a good opportunity for the Indonesian Web3 community and the wider community to be able to maximize blockchain innovation.

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“We are very happy and proud to be the first Indonesian project to launch GameFi based on the Telegram application. Previously, Indonesia has only been the target market and users of global projects, and now is the time for us to take stage on a worldwide scale,” he stated.

This Telegram-based game with tap-to-earn concept, is expected to be a further step to creating an inclusive ecosystem in Indonesian Web3 industry. As shown by the enthusiasm of the community support given to Bittime and Palapa, where in just two weeks from its launch, Palapa TapTap Hero Game has significantly reached more than 100,000 users.

About Bittime

Bittime, under PT Utama Aset Digital Indonesia, is a crypto exchange platform based in Indonesia that is registered with the Commodity Futures Trading Supervisory Agency of Indonesia (Bappebti) and the Ministry of Communication & Information of Indonesia (Kominfo). Bittime is also a member of the Indonesian Blockchain Association (ABI) and the Indonesian Crypto Asset Trading Association (ASPAKRINDO).

As a crypto trading platform, Bittime leverages blockchain technology to provide fair access to financial independence for everyone, regardless of location or background.

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Bittime application can be downloaded on Google Play and the App Store.

About Palapa

Palapa, PT Global Karya Wisesa is a technology-based company at the forefront of blockchain and crypto asset innovation, based in Indonesia. Palapa has a vision to encourage widespread adoption and utilization of blockchain technology by creating an easy and user-focused ecosystem.

Palapa Token (PLPA) is built on the ERC-20, Ethereum blockchain. As is known, Ethereum provides a strong and secure platform for the release and management of tokens by ensuring transparency and interoperability within the broader blockchain ecosystem.

View original content:https://www.prnewswire.co.uk/news-releases/palapa-tap-tap-hero-game-indonesias-first-telegram-based-gamefi-302299667.html

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Blockchain Press Releases

Africa Exclusive: Bybit Promotes Crypto Education with P2P Security Webinar

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DUBAI, UAE, Nov. 22, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, sets out to raise awareness of P2P security and to equip users with the latest anti-fraud knowledge and tools in a new learn and earn event exclusively for users in Africa. Hosting a P2P security Webinar on Nov. 25, Bybit P2P will also be announcing a prize pool valued at 10,000 USDT for a new Africa-exclusive deposit event.

P2P Security Webinar
On Nov. 25, the live webinar on P2P security will be broadcast in the Bybit Africa Telegram group from 7 to 9PM UTC. Attendees may benefit from a comprehensive session on tips and the latest know-how on asset safety and counterparty risks. The free webinar will cover the following topics:

  1. Fraud detection: users will learn about signs of common scams and steps to verify payment authenticity.
  2. Staying safe with Bybit P2P: users get to discover Bybit’s security tools and the latest features to combat fraudulent attempts.
  3. Trading with confidence: users will gain practical advice and practical tips on how to trade safely.

The floor will be open for a live Q&A session after the sharing by Bybit P2P experts. Ahead of the webinar, attendees are invited to submit questions and the lucky ones will win 10 USDT if their questions are chosen by the speakers.

10,000 USDT Rewards for First-Time Deposits
From Nov. 25 to Dec. 15, 2024, new users who successfully sign up for a Bybit account and complete Identity Verification Level 1 may be eligible to share in a 10,000 USDT prize pool reserved for eligible users in Africa only. Users must  sign up for the event and make a deposit via Bybit P2P to qualify and win up to 10 USDT, terms and conditions apply.

“Financial fraud is an age-old challenge and users must stay vigilant as scammers and fraudsters evolve. Bybit is constantly investing in our hardware and software to build the necessary guardrails for our platform. It does not take away the importance of user education, however, and we hope through engagements of this kind, we can help elevate the community on a path of growth,” said Joan Han, Sales and Marketing Director at Bybit.

P2P is an organic part of the crypto economy and helps to promote inclusivity in emerging economies. With Bybit P2P, users of all levels may access the user-friendly peer-to-peer trading platform to trade between themselves at an optimal, agreed-upon price. The service minimizes the need for the middleman, improving cost effectiveness while providing exchange-backed platform security.

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Find out more about the event and eligibility at Bybit P2P.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

Polygon Collaborates with WSPN to Drive Stablecoin Adoption Through WUSD

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SINGAPORE, Nov. 22, 2024 /PRNewswire/ — Worldwide Stablecoin Payment Network (WSPN), a pioneer in digital payment solutions, and Polygon Labs, a software development company building the leading network of aggregated blockchains via the AggLayer, today announced their strategic collaboration aimed at unlocking the full potential of digital finance, focusing on the expansion and adoption of WUSD, WSPN’s flagship stablecoin.

WSPN has integrated Polygon PoS into its WUSD network infrastructure earlier this year. Now, this collaboration will focus on rapidly expanding WUSD adoption. Polygon Labs’s crucial liquidity support will be instrumental in bolstering WUSD’s mass adoption across various markets.

This collaboration will unlock opportunities to explore a range of innovative use cases for stablecoins, payments, and DeFi. Key areas of focus include facilitating payments and tokenization solutions for companies operating in Hong Kong SAR and Singapore, developing on-chain green finance projects tailored for African clients, and building robust DeFi platforms that leverage the strengths of both WSPN and Polygon technologies. These initiatives are strategically designed to address diverse market needs and drive the adoption of WUSD across a variety of regions and sectors.

By combining WSPN’s expertise in stablecoin solutions with Polygon’s advanced blockchain infrastructure, this collaboration will drive significant advancements in the digital asset space, particularly in emerging markets and the rapidly evolving DeFi sector.

About WSPN

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WSPN is a leading provider of next-generation stablecoin infrastructure, committed to building a more secure, efficient, and transparent payment solution for the global economy. Their flagship product, WUSD stablecoin, is pegged 1:1 to the U.S. Dollar and aims to optimize secure digital payments for Web3 users.  WSPN ‘s Stablecoin 2.0 approach prioritizes user-centricity, community governance, and accessibility, paving the way for widespread stablecoin adoption.

Learn more: www.wspn.io | X | LinkedIn

About Polygon Labs

Polygon Labs is a software development company building and developing a network of aggregated blockchains via the AggLayer, secured by Ethereum. As public infrastructure, the AggLayer will bring together user bases and liquidity for any connected chain, and leverage Ethereum as a settlement layer.  Polygon Labs has also contributed to the core development of several widely-adopted scaling protocols and tools for launching blockchains, including Polygon PoS, Polygon zkEVM, and Polygon Miden, which is in development, as well as Polygon CDK.

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Blockchain Press Releases

Bybit Waives P2P Transaction Fees for Users in Africa

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DUBAI, UAE, Nov. 21, 2024 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to reaffirm its commitment to providing ease of access to digital assets for eligible P2P users in Africa at zero fee. Connecting buyers and sellers at no cost, Bybit P2P continues to be the benchmark for cost-effective and convenient trading experiences.

Since its launch in Jan. 2022, Bybit P2P has consistently provided a user-friendly platform for users seeking a safer way to participate in the digital asset class. The services are offered at no costs for merchants and takers in P2P transactions:

  • Merchants: Merchants may post advertisements on Bybit P2P for free.
  • Takers: Users may place an order through advertisements listed on the P2P platform at no costs. The offer stands across all fiat trading pairs. Third-party fees may incur depending on the payment method chosen, as the payment providers may charge a transaction fee.

P2P Fee Structure (Africa)

Taker Fee (Sell Page) 

Maker Fee (Sell Page) 

Bybit 

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0 %

0 %

Competitor B

0.5% on completed orders for certain trading pairs

0 %

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In addition, Bybit has launched an exciting P2P Coupon Giveaway Campaign from now to Jan. 15, 2025. As part of this initiative, users can earn a share of up to 20,000 USDT in rewards by completing tasks such as depositing $100 or trading $50,000 through Bybit P2P. The rewards will be in the form of Bybit P2P coupons to be redeemed in the next purchase, making the zero-fee transactions an even better deal for winners.

“Bybit’s steadfast commitment to contributing to financial inclusion comes in all forms, and keeping our P2P services free for as long as we can, and for as many users as possible, is one of the ways to support the crypto community,” said Joan Han, Sales and Marketing Director at Bybit. “When users come to our platform with the hopes of generating income on their assets, we want to play a supportive role in helping them reach their personal financial goals,” she added.

P2P on Bybit offers an intuitive and cost-effective peer-to-peer trading platform, facilitating the buying and selling of two users’ holdings at an optimal, agreed-upon price between them. With Bybit P2P, users stand to benefit from Bybit’s enterprise-level security and advanced features including comprehensive built-in KYC and KYB verification mechanisms, rigorous asset management protocols, and 24/7 customer service.

Find out more about the event and eligibility at Bybit P2P.

#Bybit / #TheCryptoArk

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About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For more information, please visit: https://www.bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

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