1. Startups

Crypto Academy Presents a Beginner Crypto Investor Education Platform

Has two main services in the form of a cryptocurrency module and a community for sharing knowledge

Crypto assets are now increasingly in demand as one of the most popular investment instruments in Indonesia. The Commodity Futures Trading Regulatory Agency (Bappebti) noted that the number of crypto investors in Indonesia was 16,55 million in November 2022. Of these, 48% came from young people with an age range of 18-35 years.

Seeing the huge growth and regulations that are starting to be regulated, crypto assets are projected to become a promising investment sector in the future. This inspired young Indonesian entrepreneur and investor Timothy Ronald to create an educational platform called Crypto Academy.

This platform is designed for beginners who want to know and deepen their understanding of the crypto world, starting from knowledge about blockchain as the basis for developing crypto assets, as well as a variety of derivative products, such as decentralized finance (DeFi), metaverse, and NFTs.

Crypto Academy offers two main services sourced directly from experienced teachers and practitioners in their fields. First, the service is in the form of more than 24 modules that thoroughly examine history and development cryptocurrency. The module is available for study at any time according to the level of understanding of the user.

Furthermore, community services that users can use to share insight and interact directly with the instructors. At Crypto Academy, teachers attend under the identity of 'Professor' in accordance with the prevailing principle of anonymity. They are expert in the field, such as blockchain security engineer in well-known institutions, researchers in the field of blockchain, to academics at top universities.

For novice investors who are interested and want to learn more about the world of crypto assets, this platform can be accessed starting in January 2023 with a subscription system. The platform sets a special price for users who want to subscribe in the month of launch, which is IDR 233 thousand per month.

Crypto Academy Founder & CEO Timothy Ronald said, "Through the platform and various modules that have been prepared, we hope to boost the number of people who want to invest, especially in crypto assets. Going forward, we want to continue to provide relevant services for young people who have a passion for learning." crypto asset investment."

Crypto asset market in Indonesia

In the latest report released by the Indonesian Blockchain Association (ABI) and Indonesia Crypto Network (ICN) entitled "Indonesia Crypto Outlook Report 2022", it was stated that the industry blockchain and cryptocurrencies in Indonesia have grown exponentially over the past six years. Crypto transactions in Indonesia reached IDR 279,8 trillion in the January-October 2022 period.

The government is also increasingly showing its support for the development of this industry. In early 2023, CoFTRA signed a cooperation agreement (PKS) with the Indonesian Crypto Asset Traders Association (Aspakrindo) to optimize the development, empowerment and supervision of the ecosystem for organizing crypto asset physical market trading in Indonesia.

During 2022, CoFTRA was recorded as giving licenses in the form of registration marks as prospective physical traders of crypto assets to 25 companies to be able to trade on the physical market for crypto assets. Bappebti has also determined the types of crypto assets traded on the physical crypto asset market as many as 383 types. Of these, ten crypto assets are local coins.

More Coverage:

One of the newest is the platform wealthtech Wonderful who started offering crypto asset investment. This solution is present under the Ajaib Group business unit, with the legal entity PT Kagum Teknologi Indonesia. This Magic Crypto feature is said to be distributed in stages to Magic users soon. With this feature, for the first time, Indonesian investors can invest in crypto assets, stocks and mutual funds in one application.

In addition to Magic, platforms wealthtechstockbit continues to enrich its portfolio of investment products and enters into crypto asset investments through the separate application "Stockbit Crypto". Players who have already offered other crypto asset investment platforms include Pintu, Zipmex, Indodax, too tokocrypto which was recently acquired by Binance.

Are you sure to continue this transaction?
Yes
No
processing your transactions....
Transaction Failed
try Again

Sign up for our
newsletter

Subscribe Newsletter
Are you sure to continue this transaction?
Yes
No
processing your transactions....
Transaction Failed
try Again