Cryptocurrency
Saakuru Labs Empowers Prabowo-Gibran Presidential Campaign with Blockchain and NFT Technologies
[PRESS RELEASE – Jakarta, Indonesia, February 6th, 2024]
In an unprecedented move, Saakuru Labs (formerly known as AAG), leading innovators in the Web3 infrastructure sector, has teamed up with Relawan Konco Kulo Gibran, as an appointed tech partner by Prabowo-Gibran presidential campaign in Indonesia for the election campaign, slated to happen on February 14th, 2024. This collaboration marks the first-ever use of Blockchain and NFT-based gamified Presidential Election Campaign globally, with the youngest-ever vice-presidential candidate in Indonesian history, aimed at engaging Generation Z and showcasing Indonesia’s pioneering role in applying cutting-edge technology.
Saakuru App, TomoOne gamification platform, and gas-fee-less Saakuru Blockchain will be used to introduce “Konco Kulo Gibran: THE DUO”, symbolizing the two candidates running together, a user-friendly gamified education platform designed to capture the attention of Indonesia’s younger generation (a demographic that constitutes over 50% of the population and is estimated at 140M people). The initiative is a part of the Prabowo-Gibran’s “HILIRISASI DIGITAL” (Digital Downstreaming) program, ensuring active participation in advanced technology applications, and offering children in Indonesia unparalleled access to learn and build careers in global technology sectors.
Prabowo and Gibran, strong proponents of Web3, seized the opportunity to adopt the NFT gating concept by employing the “Konco Kulo Gibran: THE DUO”. Their aim was twofold: to educate the public about this innovative approach and to employ it as a key to unlock access to EdTech platforms. This initiative is designed to enhance English proficiency in Indonesia, foster an understanding of Web3 technology, and demonstrate how AI can create a distinctive and effective learning experience.
“Through our collaboration with Web3 infrastructure leader, Saakuru Labs, we eagerly anticipate the ‘Konco Kulo Gibran: THE DUO’ game ecosystem. This initiative is key to reaching Indonesia’s younger generation, exposing them to high-tech, and engaging them in opportunities that harness their potential. Our partnership with Saakuru Labs is a clear demonstration of our commitment to integrating innovative technologies for a brighter, more technologically adept Indonesia, offering enhanced global work opportunities and a forward-looking perspective.”
- Prabowo & Gibran, Presidential Candidates, Indonesia
“Saakuru Labs is immensely proud to be selected by Prabowo & Gibran for this significant collaboration. It’s an honor to participate in this pivotal initiative, aimed at bridging the gap between Indonesia’s younger generation and the world of cutting-edge technology. We are committed to leveraging our expertise in blockchain and interactive platforms like the ‘Konco Kulo Gibran: THE DUO’ game ecosystem to inspire, educate, and open up new opportunities for the youth. This partnership symbolizes our dedication to fostering a tech-savvy future generation, fully equipped to thrive in the rapidly evolving digital landscape.”
- Nelly Sutjiadi, Chairwoman & Co-Founder, Saakuru Labs
Saakuru Labs is supported by world-class EdTech partners such as Crypto Run, SingSing, Eng Breaking by GOGA, BitDegree, and ERM LABS.
The Konco Kulo Gibran x Saakuru Labs x Prabowo-Gibran presidential campaign partnership underlines a commitment to empower Indonesians through the Saakuru Labs Platform, contributing to Indonesia’s “Golden Indonesia 2045 Vision.” It symbolises a stride towards engaging the nation’s youth in the digital revolution, reinforcing Indonesia’s emerging leadership in global technology.
About Saakuru Labs (formerly AAG)
Saakuru Labs is a Web3 enterprise software company and the operator of the gas-fee-less Saakuru Blockchain, a layer-2 solution on Oasys. At Saakuru Labs, we provide critical pieces of Web3 infrastructure to ease access, increase security, and allow users and companies to generate income from the Web3 economy. Our innovative solution such as seedless Saakuru Wallet SDK seamlessly integrates your products with popular blockchains, offering an effortless transition with as little as one day.
To learn more about Saakuru Labs, AAG, and our expansive ecosystem, please join our Social Media Channels.
Contact
Co-Founder & CEO
Jack Vinijtrongjit
jack@saakuru.com
Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
The calm weekend was followed by a Monday massacre for bitcoin as the asset plunged by seven grand within an hour or so.
Expectedly, the altcoins have it even worse, with massive price drops from the likes of DOGE, ADA, XRP, SOL, and many others.
BTC Dumps by $7K
Last Monday began somewhat similarly to this one, as BTC dumped hard to just under $100,000. However, it quickly bounced off and even skyrocketed to a new all-time high of over $109,000. More volatility ensued during the day, especially during and after Donald Trump’s inauguration.
His failure to mention crypto during his speech resulted in another correction but BTC remained north of $100,000. It jumped to $107,000 later on in the week but lost some ground during the weekend, which it spent at around $105,000.
Once the Monday Asian trading session kicked in, bitcoin’s price headed straight south. In a matter of a few hours, it dumped by over seven grand and briefly slipped below $98,000, leaving millions of liquidations.
Despite bouncing off to $99,000 now, BTC is still 5% down on the day. Its market capitalization has plunged to $1.960 trillion on CG, but its dominance over the alts has gone to over 56%, as most have suffered a lot more.
Alts Bleed Out
As mentioned above, the alternative coins have gone into deep red territory. Ethereum leads the adverse trend with a 7% drop that has pushed it below $3,100. XRP lost the $3 mark and has plummeted to $2.8. Solana, Dogecoin, Cardano, Chainlink, Avalanche, Stellar, and SUI are all down by double digits.
Even more painful declines of up to 20% come from VIRTUAL, XCN, SOS, RAY, PEPE, OP, BONK, and many others.
The cumulative market capitalization of all crypto assets has seen over $250 billion gone since yesterday. The metric has plunged to a multi-week low of $3.5 trillion on CG.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
XRP failed to hold above $3 and the price action is now turning bearish.
Key Support levels: $2.6, $2, $1.6
Key Resistance levels: $3, $3.3
1. First Major Sign of Weakens for XRP
It was critical for XRP to hold above $3 if there was hope of higher highs. This level was lost today and the price fell to $2.7. This drop has also turned the level at $3 into a key resistance.
The cryptocurrency fell by 11% today which shows sellers are returning. While this is a market-wide correction, the timing was quite unfortunate for XRP as this is turning the chart bearish.
2. Falling Volume Hinted at Correction
The first giveaway that a correction could be coming for XRP was seen on the volume profile. While the price made a higher high above $3, the volume did not do the same. This was an early sign that a bearish divergence was forming which called for caution.
3. Bearish Divergence Detected
The bearish divergence was quite obvious on the volume profile, as seen below. However, the same situation can also be seen on the MACD and RSI momentum indicators. This only strengthens the argument that XRP could have made a local top at $3.4 and a correction may follow now.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.
Cryptocurrency charts by TradingView.
ADA crashed by 10% today as bears return.
Key Support levels: $0.90, $0.73
Key Resistance levels: $1, $1.3
1. Price Struggles at Key Support
Cardano is about to decide where it goes next. If the key support at 90 cents does not hold, then it will turn into a resistance and see the price fall lower towards 73 cents next. At that point, ADA will make a lower low which could indicate a prolonged correction has begun.
2. Momentum is Reversing
The volume is making lower highs, the price is making lower highs, and so does the RSI and MACD histogram. These are all bearish signals. It would be surprising to see the key support hold considering the above. However, until the 90 cents level breaks, it is too early to call it.
3. Impending Bearish Cross on Weekly Timeframe
A big warning sign is given by the weekly MACD which shows that a bearish cross is imminent. If so, that could be the start of a long correction that can see the price fall towards 73 cents or lower. This scenario is likely if the overall market enters a deep correction.
Binance Free $600 (CryptoPotato Exclusive): Use this link to register a new account and receive $600 exclusive welcome offer on Binance (full details).
LIMITED OFFER for CryptoPotato readers at Bybit: Use this link to register and open a $500 FREE position on any coin!
Forex3 years agoForex Today: the dollar is gaining strength amid gloomy sentiment at the start of the Fed’s week
- Forex2 years ago
Unbiased review of Pocket Option broker
- Forex3 years ago
How is the Australian dollar doing today?
- Forex2 years ago
Dollar to pound sterling exchange rate today: Pound plummeted to its lowest since 1985
- Cryptocurrency3 years ago
What happened in the crypto market – current events today
- World2 years ago
Why are modern video games an art form?
- Commodities2 years ago
Copper continues to fall in price on expectations of lower demand in China
- Forex2 years ago
The dollar is down again against major world currencies
