Nusa Finance has recorded 20 tokens in the NUSA platform, with a total crypto transaction of up to Rp600 million per day.
Heaptalk, Jakarta — Indonesia’s Web3 network-based platform, Nusa Finance, releases an open market feature for Non-Fungible Token (NFT) asset activity, NFT Marketplace. This new feature allows users, particularly Indonesia’s NFT creators, to create, store, and sell their NFT assets.
“The development of blockchain technology has also spawned several innovations, such as NFT assets. For creators, NFT can be utilized as an asset with clear and exclusive proof of ownership. For this reason, we are trying to capture this opportunity through the NFT Marketplace feature,” The CEO of Nusa Finance, Wildan Ramadhan, said during the media luncheon agenda. (07/06)
Moreover, Wildan added that this technology’s current trend tends towards utilities. Nevertheless, Wildan said most of the NFT market is still centered on digital artwork, including illustrations, photos, music, videos, event tickets, and domain names. By securing the unique identification code, Nusa Finance’s CEO claims users’ digital work could not be replicated or duplicated.
Based on the company, the launch of this newest feature also aligns with the promising potential of NFT in Indonesia, whereby the archipelago is considered the most NFT technology adoption country worldwide. As cited in the Statista Digital Economy Compass 2022 report, Indonesia is in eighth place with 1.25 million NFT users.
Established in October 2022, Nusa Finance is part of the Indonesian blockchain association, overseen by the Commodity Futures Trading Supervisory Agency (BAPPEBTI) and Indonesia’s Ministry of Communication and Informatics (Kominfo). The company revealed that the NUSA token is a BEP-20 token with a maximum supply of 200,000 tokens.
Before launching the NFT Marketplace feature, this Web3 startup possessed other services, including blockchain-based financial services Integrated Decentralized Finance (DeFi), and tokens-based investment service NUSA-governance.
As a relatively new platform, Nusa Finance has achieved several milestones in its early establishment, such as recording 20 tokens in the NUSA platform, with a total crypto transaction of up to US$39,627, or equal to Rp600 million per day. On the other hand, this startup also noted the total assets and transactions of its overall users had reached US$858 million (around Rp13 billion). By launching the new NFT Marketplace feature, Nusa Finance targets to exceed the output of the former transaction.
“By establishing Nusa Finance, we aim to popularize a web3 sector with a more decentralized finance ecosystem. Hence, we will continue strengthening strategic collaboration locally and globally,” concluded Wildan.
