JAKARTA, Indonesia, Nov. 18, 2021 (GLOBE NEWSWIRE) - Blockchain Marketing Company, Indonesian Encryption Network, is fast becoming the destination for crypto investors and stakeholders looking to gain traction in Indonesia.
Given that Indonesian Encryption Network (ICN) first joined the crypto scene in 2017, it has influenced the outlook for cryptocurrencies in Indonesia more than any other brand, helping spawn hundreds of crypto startups.
In Indonesia, it is estimated that more than two-thirds of the country's population is unbanked. However, now more than a decade since Bitcoin, BTC and other crypto tokens were created on the market are helping to fuel the underperforming financial industry in Indonesia, as more Indonesians turn to cryptocurrencies and ICN aids in their business. course.
Crypto in Indonesia and the role of ICN
The crypto industry is on the rise in Indonesia, with the most impressive growth on record so far in 2021.
Between May and August, the Indonesian Ministry of Commerce Estimate that cryptocurrency traders and investors in the country increased at least five times the previous figure. With the number of Indonesian crypto traders now approaching ten million, the Indonesian crypto industry is already larger than the Indonesia Stock Exchange, IDX.
The development of cryptocurrencies in Indonesia is fast and furious, and the rapidly rising crypto wave is not expected to subside any time soon. If anything, it is only in its early stages.
Another major boost for the growing industry is the government's position on cryptocurrencies. The Indonesian government's stance towards cryptocurrencies provides the perfect environment for foreign investment. And this is where the leading blockchain marketing company ICN has flourished, spearheading the wave of crypto development in Indonesia.
At the center of the emergence of cryptocurrencies in Java, Jakarta, and all of Indonesia is the blockchain marketing company, ICN. Indonesia Crypto Network has been at the helm and pulling the strings for so long, so long that crypto influencers like Bithumb VP Vincent Poon couldn't believe how much influence the marketing company had in the country.
"All the people I talk to " the vice president said, "They know about you guys [ICN], without a doubt you are the thought leader and influencer in this space."
Each block at a time
the Indonesian Encryption Networkk has assumed its position as one of the players, if not the largest, in the Indonesian crypto sphere. By sealing strategic partnerships, along with an intimate knowledge of the local landscape in the country, the blockchain marketing company is driving the growth of crypto users on the sprawling island.
Building on experience over the years, ICN employs a number of ingenious and localized marketing strategies to effectively call out to Indonesian crypto enthusiasts and traders about the existence of these projects and all their beneficial features.
In recent years, the influence of ICN has grown enormously, so that it now attracts the attention of more than 500,000 followers on Facebook alone, which is quite popular in Indonesia.
How the ICN built its extensive network
The blockchain marketing company maintains the # 1 presence in the country by forming key partnerships and creating strategic networks across many crypto channels.
By connecting and browsing grassroots channels, international brands can find their voice with Indonesian users, ICN provides the perfect foundation for strong foreign investment.
One of the most important strategies that ICN has employed to expand Indonesia's crypto communities is to host crypto and blockchain-focused events or ad campaigns at strategic times and intentional locations in Indonesia.
Four years after its inception, ICN has become the go-to platform for summit and conference collaborations for Indonesian crypto communities. They have held the largest number of Indonesia-centric road shows and events for the crypto industry so far, and have managed to host tens of thousands of people during these events.
In April 2019, ICN hosted one of its main highlights, which was the first meeting of the popular exchange platform Binance in Jakarta. At that time, the crypto space in Indonesia was just beginning to take shape. The gathering served as a platform for crypto enthusiasts and investors across the island to connect and have conversations about the burgeoning crypto community.
Dan Clarke, director of Binance Academy, stated that ICN provided strong support for the exchange when it made its first attempt to establish a connection with the local Indonesian crypto community. He also revealed that ICN will continue to be their choice of platforms as they acquire users in Indonesia.
Taking the time to boost support from local communities - six months in these cases - ICN employed similar methods used with Bithumb and Binance with Remitano, and with even more impressive results.
Use of the network in associations
ICNThe extensive network has served as the perfect launching pad for many partnerships, even beyond Binance and Bithumb. Recent partnerships with FTX and trading platforms like Remitano have helped form what is fast becoming a remarkable record.
Collaborations between blockchain marketing firm and Bahamas-based crypto exchange FTX helped triple its existing Indonesian user base in 6 months. Similar figures were released after Seychelles-based Remitano joined forces with the Indonesian marketing company, totaling thousands of users in the first three months.
The exchange also skyrocketed in terms of social visibility as they worked with ICN to set up and drive a campaign targeting Indonesian crypto communities.
In addition to Binance, Bithumb, and a list of other exchanges, ICN also partnered with the blockchain network, Tezos, to help win business clients in Indonesia who would love to develop on the Tezos network.
The collaboration led Tezos to join 2 national traveling exhibitions organized by ICN in five cities across the country. The blockchain network was able to effectively reach over 700 developers comprised mainly of IT college students and also developer circles.
As the pandemic progressed, ICN continued to host Indonesian-centric events for Tezos, gathering an online audience of roughly 300 people or more for these developer-specific events. With the help of ICN, Tezos continues to work to establish developer communities in Indonesia. Operations similar to the Tezos campaign were also used for Shapeshift and BCA, Indonesia's largest private bank.
Indonesian-based companies such as Tokocrypto, Pintu, and Indodax, the country's largest exchange, with over 4.5 million registered customers where ICN worked to increase consumer engagement for a year, have also partnered with the blockchain marketing platform. .
Bottom line
The Indonesian numbers are there and they continue to increase day by day. ICN is growing so fast in line with its hunger for more crypto traction in Indonesia. ICN's track record not only speaks for the company as one of the biggest crypto influencers in the space, but as a platform to reach more Indonesians and connect them with the best solutions on blockchain.
About the Indonesian crypto network
Specialized in driving user growth for crypto and blockchain companies in Indonesia. ICN offers premium marketing services for international crypto and blockchain projects seeking to gain exposure within the Indonesian crypto and blockchain community.
Social links:
Linkedin: https://id.linkedin.com/company/indonesiancryptonetwork
Media contact
Company: Indonesia Crypto Network
Email: hi@indonesiacrypto.network
Website: https://indonesiacrypto.network/
SOURCE: Indonesian Encryption Network
