Bittime, an official crypto asset investment platform registered in Indonesia, has announced the launch of an airdrop marketing campaign for Palapa (PLPA) tokens during May 2024.

This airdrop campaign aims to distribute 700,000 Palapa tokens as rewards to the public throughout the month. Airdrop is a method of distributing crypto assets to individuals, communities, or the public for free by participating in various activities.

Ryan Lymn, the CEO of Bittime, mentioned that this campaign is part of the lead-up to the official release of Palapa tokens. The goal is to familiarize the public with Palapa and provide them with PLPA tokens as rewards before the official launch.

The campaign will present opportunities for the public to engage in activities such as learning about Palapa tokens, registering on Bittime, joining Telegram groups, following social media accounts, and sharing content.

Bittime hopes that the public will enthusiastically participate in this campaign to receive rewards and seize the investment opportunities in crypto assets at the right time.

The allocation of Palapa tokens as community rewards by Bittime is part of their commitment. Out of the total supply of 10 billion PLPA tokens, 5% or 500 million tokens will be dedicated to community rewards.

Palapa serves as a utility token within the Bittime ecosystem, empowering various functionalities. The token can be used for transaction fee discounts based on the amount of PLPA held, as well as free withdrawal and deposit quotas.

Palapa has been officially listed by the Commodities and Futures Trading Supervisory Agency (Bappebti). This listing signifies that Palapa has met the legal requirements in Indonesia and undergone strict due diligence evaluations using the Analytical Hierarchy Process (AHP) method.

Built on the Ethereum blockchain conforming to the ERC-20 standard, Palapa leverages the robust and secure platform provided by Ethereum for token issuance and management. This ensures transparency and interoperability within a broader blockchain ecosystem.

The utilization of the ERC-20 standard enables Palapa tokens to seamlessly integrate with various digital wallets, exchanges, and decentralized applications (DApps) supporting ERC-20 tokens. This compatibility enhances Palapa's accessibility and liquidity, allowing users to store, trade, and interact with their tokens effortlessly.

About Palapa (PLPA) Crypto Token

Palapa, under PT Global Karya Wisesa, is a technology-based company at the forefront of blockchain innovation and crypto assets. Palapa aims to promote the widespread adoption and utilization of blockchain technology by creating a user-friendly and focused ecosystem.

Through the Palapa project, the company offers an integrated and user-friendly ecosystem that bridges the gap between traditional users and the blockchain technology world. Visit the Palapa project at www.palapatoken.id.

About Bittime

Bittime, operated by PT Utama Aset Digital Indonesia, is a crypto asset investment platform registered with the Commodities and Futures Trading Supervisory Agency (Bappebti) and the Ministry of Communication & Informatics. Bittime is also a member of the Indonesian Blockchain Association (ABI) and the Indonesian Crypto Asset Traders Association (ASPAKRINDO).

As a crypto asset investment platform, Bittime aims to leverage blockchain technology to provide fair financial access to everyone, regardless of their location or financial position. The Bittime application is available for download on Google Play and the App Store.