Needs & Opportunities
The global cash economy - and Indonesia’s in particular - has been impacted by a lack of integration within the banking system and a meteoric improvement of smartphone applications and capabilities. Smartphone use in Indonesia is one of the highest in the world. Digital money is beginning to show up, and the resultant opportunities are huge. While the IndoCoin™ Project does not regard itself as disruptive, it will offer solutions for improving trust, reliability, cost efficiency, ease of use, and broadening the reach and definition of financial services and e-Commerce for millions of people. IndoCoin™ will initially serve as utility token but move increasingly towards a security asset. Our Product BullionCoin™, under our subsidiary Digital Gold Diary., will assist in these determinations.
Token Distribution
1 Token = IDR 1,000
IndoCoin™ Roadmap
Action Plan of the Llaunch and Iimplementation of the IndoCoin™ Ecosystem
- Creating Nusantara Trust Pte Ltd
- Completion Nusantara Trust Pte Ltd
Jan 2018
- MOU - Nahdlatul Ulama
- Marketing & Economic research
Feb 2018
- MOU - Perusahaan Daerah Bali
- Business Plan - First Draft
May 2018
- Appointment: C- Level & Advisory Board
Oct 2018
- InterVista AG - Develop
- More detailed discussions with Bali Goverment
Nov 2018
- 1st BoD in Bali
- Whitepaper v 1.0
Dec 2018
- Establishment PT Nusantara Trust Indonesia • State - Owned Companies - Initial discussions
Jan 2019
- MOA Mobile Software
- New Hiring: CPO
- Whitepaper v2.0
- Partnership with Davos Custody Pte Ltd ("Digital Asset Custodian")
Mar 2019
- Update Pitch Deck & 1 Pagers
- Detailed analysis of tech stacks
- Software Details assigned
Apr 2019
- Opening office in Surabaya
- Start Wallet STW Development
- 95% Acquisition of Digital Gold Ltd. (U.K.) and BullionCoin™
May 2019
- Website and Web-shop Launch
- Launch of Marketing & Advert
- Launch of Payment Acquiring System "IC-Pay"
- Partnership with two of the largest Indonesia banks
Jun 2019
- ICO - Phase 1 - Commencing
- All IndoCoin™ clients receive a Virtual Account
- Agreement with Global Blockchain Research Application Foundation (GBARF)
Jul 2019
- ICO Phase 1 - END
- Office Opening: 1 Unit
- Software Live Testing
- Include IndoREF
Aug 2019
- ICO Phase 2
- Office Opening: 2 Units
Sep 2019
- ICO – Phase 2
- Revenue generation - starts
- Software debugging complete
Oct 2019
- ICO - Phase 3
- Opening Offices: 10 Units
Nov 2019
- Opening Offices: 20 Units
- IC Youth Ambassador Program (IYAP)
- Include IndoAU
Jan 2020
- Opening Offices: 10 Units
- Acquisition of International Exchange - Active
Apr 2020
- Opening Offices: 10 Units
- Micro-Financing - fully active
- Marketing of IndoCoin™ Exchange
Jul 2020
- Definition of 2021 Strategy, Services & Products
- Opening Offices: 5 Units
Oct 2020
- Nahdlatul Ulama - fully active with 96 million members
- Opening Offices: 5 Units
Jan 2021
- IndoCoin™ project fully active and generating revenues from transaction fees & ecosystem integration
Apr 2021
- Opening Offices : 20 units
Jul 2021
- Opening Offices : 10 units
Oct 2021
The Team with The Co-Founders
The IndoCoin™ idea is conceived and developed by
Henri Morgan Napitupulu
Co-Founder & CEO, PT Nusantara Trust Indonesia; Vice-Chairman, The Global Blockchain Application Research Foundation.
Director-level positions in key banking areas, including the Treasury Department for one of the largest banks in Indonesia. Fund Raising for government projects, and significant experience in Project Financing for national and multinational finance companies at C-Level across multiple sectors. Leads a Christian pastoral community.
The Advisory Team
Dr Marzuki Usman
Former Minister of Development, Minister of Tourism & Minister of Forestry.
Other Cabinets & Portfolios positions held, Gov of Indonesia
Prof Said Aqil
Supreme Leader
Nadhlatul Ulama (NU)
Dr Bambang Subianto
Former Minister of Finance
Gov of Indonesia
Tanri Abeng
Chairman, PT Pertamina (Persero).
Former Chairman, PT Telkom Indonesia (Persero), Tbk
Brian Tan
CEO
Texcent & Paycent
Singapore
Reinhard Irsigler
Chairman of the Supervisory Board at InterVista AG
Germany
Malachy Martin
VP Digital Innovation,
APAC Koby Solutions.
Mobile Digital Expert
Dr M. Ishaq Bhatti
Assistant Professor at La Trobe University Business School
Islamic Finance Expert, Australia
Francois Capelli
Vice President Hasmuda Group
Management Consulting
Lasse Conradt
Attorney-at-Law, Stenger LLP Rechtsanwälte
Hamburg, Germany
Scott Rhodenizer
Founder & Chairman OakRun Partners SEZC, U.S.A.
Former Managing Director Deutsche Bank Americas
Simon Selimaj
Co-Founder & Director First Guardian Capital
Australia
The Corporate Office
Trianto Sutopo
CFO, Nusantara Trust Pte Ltd
Former Board of Director PT Jakarta Tourisindo (BUMD DKI Jakarta)
Extensive Experience in Hospitality Industry
Michele Meoni
COO, Nusantara Trust Pte Ltd
Hospitality C-Level with scope of M&A,
Project Financing & Operations
Lawrence Fernandez
CPO, Nusantara Trust Pte Ltd
Former Associate Director at a leading Telco in Asia region.
Thought Leader in Financial Services & Digital Transformation
Albino Castrogiovanni
Bali Area Manager, IndoCoin™
Entrepreneur
Madina Agnia
Operations Manager,
PT Nusantara Trust Indonesia
Precious Ogwu
Support for ICO, IndoCoin™
Consultant in Fintech communications & Social Media Admin
Partners and Technology
We have formed technology partnerships with a number of cutting-edge companies globally. Since we will be aggregating best-of-breed technologies that are able to deal with many of the world’s present challenges — be these in the micro-lending sector or in the various financing departments of the national economy — we will be bidding fair to become one of the strongest digital social service providers in the world. Offering the best solutions available in the market-place, at affordable price- points, we aim to ensure that IndoCoin™ will be at the forefront of applied, real-world use of Blockchain technology.
Since we are in the pre-operational stage for the next months, we will not rubricate specific partnerships here, except in our extended Whitepaper. Watch out for formal declarations on our website, in the social media, or in the mainstream media.
The IndoCoin™ Ecosystem
The next GFC, or Global Financial Crisis, is waiting to happen. During such times, everyone is looking for stability and for tools that are not dependent on global market volatilities. Assuming wide adoption, IndoCoin™ will be one such tool. It will also allow companies and individuals to hedge more effectively against the various instabilities in the global financial apparatus.
Nusantara Trust Pte Ltd is committed to social reform, and we have thus signed an agreement with Prof Said Aqil, Supreme Leader of Nahdlatul Ulama (NU). 96 million members strong, NU is the world’s largest Muslim organisation. While there are many Fintech startups in Indonesia, few are committed to social issues and are mostly interested merely in pitching their products for personal financial gain to the masses. Such will do little to raise prosperity levels for all Indonesians. There are the countless unbanked or underbanked people who via IndoCoin™ will receive access to capabilities and income-generating opportunities that they have never had before!
Organization Main Data
- Established 2018 in Singapore
-
Functionalities: Reaching 70% of 26lml Citizens
- Social Digital Ecosystem
- Fintech Solution with Universal Wallet
- Internal Payment solution
- Religious support systems
- Water/Waste/Energy Management Systems
- 45 Offices in Indonesia
- Multi-Functionality and Multi-Service
Scope of the Project
- Social Digital Ecosystem to solve populations needs in both personal, social and business life.
- Solve the Cash-Economy issues of both availability of bank services to-unbakable and to minimise black economy
- 1-Point-Reputation management system to fulfill KYC and AML
- Engage local communities to religious / social and political events without bias.
- Support communities with positive environmental projects such as availability of Solar Energy platforms and resales, water management in agriculture and waste manajement
- Agreements with large cultural / religious organizations to manage their digital memberships and provide services and payments system
IndoCoin™ Youth Ambassador
Program
The IndoCoin™ Youth Ambassador Program will be the first of its kind in Indonesia. We will be training thousands of young Indonesians from all provinces in the new technologies, with a focus on Blockchain, A.I., IoT, and Machine Learning. It is our contribution to ensuring that Indonesia is not left blindsided by the mammoth technological changes that will be rolling out over the next years, and that will change everyone’s life forever.
Social concerns are of course at the forefront of our ambitions, and ensuring the heart remains at the centre of human concerns. We will be offering meaningful, scalable and superb applications for millions of users.
IndoCoin™ Gold
IndoCoin Gold (aka BullionCoin) will be launched by Nusantara Trust Pte Ltd as an asset-backed medium of exchange — the focus will be on liquidity, tradability, exchangeability and independency — providing a yield to most users!
We are likely to start a separate ICO for IndoCoin Gold once the IndoCoin ICO has been completed.
IndoCoin Gold is set to yoke the precious metals industry with the digital assets market and also represents a novelty for the financial markets. IndoCoin Gold is a digital product that solves the historic problem of how gold and silver can generate an uninterrupted yield whilst retaining their safe haven status.
Definition of Indocoin Gold
IndoCoin Gold is a tradable digital tokenized warehouse receipt for the deposit of a commodity, a title of ownership of the underlying physical asset, and is seen as a crypto asset. IndoCoin Gold is a unit of account with a value backed by gold and silver in standardized metal quality where each token is linked to the underlying value of the covering fixed weight of physical gold or silver.
An IndoCoin Gold holder is given direct sole ownership of the underlying physical assets and granted the flexibility to redeem in bullion bars and coins if they so choose.
Description of IndoCoin Gold
IndoCoin Gold is an asset-backed token, with intrinsic value and low volatility structure, freely traded, transferred or exchanged.
IndoCoin™ Gold comes in two forms :
* 1 IndoCoin Gold XAAU token – represents 1 gram of fine gold with purity 999.9/ 1,000.
* 1 IndoCoin Silver XAAG token – represents 50 grams of fine silver with purity 999/ 1,000. Primary Market CX (IndoCoin Exchange) is the physical market from where IndoCoin Gold and Silver is created and the online physical trading platform where qualified investors buy and sell eligible gold or silver bullion bars and convert specific bullion bars into IndoCoin Gold digital products. Each conversion makes additional supply of IndoCoin Gold tokens in the Secondary Market. In other words, investors of ICX bring IndoCoin Gold and Silver into existence by converting eligible bullion bars at fixed weight-to-unit conversion rate. Secondary Market ICN (IndoCoin Network) is the digital market where IndoCoin Gold and Silver are circulated and is accessed via a smartphone, tables or web-browser and provides end users with features to trade, transfer or exchange IndoCoin Gold and Silver. Economic Benefits Creation of IndoCoin Gold goes into circulation from the Primary Market into the Secondary Market on a fixed weight- to-unit conversion basis. Unlike fiat currencies, IndoCoin Gold does not have a built-in inflationary effect - it is not issued as debt - and, therefore, does not earn interest. Primary Market investors and Secondary Market participants can benefit from the following unique incentive schemes :
- Time Limited Incentive Scheme on Coins Creation is offered from time to time as a reward payout in perpetuity to eligible QIBs such as Early Adopters (Ambassadors) in ICX and settled in IndoCoin Gold and Silver in ICN. To benefit from this extraordinary incentive, specific contract sizes of bullion bars need to be purchased in ICX and converted to digital coin denomination in ICN when eligible participants earn a share of the transaction fee taken from each transaction that takes place ICN.
- Incentive Scheme on Coins Creation rewards a earning in perpetuity to primary market investors in ICX payable in IndoCoin Gold and Silver denomination in ICN and calculated as a share of the transaction fee earned on every coin transaction that takes place in ICN on the coins that they have created.
- Referral Program on eWallet Recruitment is a reward earned in perpetuity for every additional eWallet recruited by a participant in ICN. The recruiter earns a share of the transaction fee from every transaction executed by the recruited eWallet.
Since IndoCoin Gold’s wealth sharing mechanism is non-interest bearing, IndoCoin Gold and Silver are therefore considered Sharia Compliant according to Islamic principles. IndoCoin Gold offers institutional investors a truly smart model on how to invest in gold and silver and earn substantial recurring returns for life.
