Indonesia’s No.1 Token, Palapa, Targets Expanding Ecosystem, Ready to Collaborate with GameFi and National Hotel Chain

Exactly a year after its launch, Palapa, Bittime’s platform token has shown very significant development by successfully penetrating the international crypto market. After being present at Indodax and Pionex, Palapa is now targeting wider exploration towards GameFi and the National Hotel Chain.

This expansion plan aims to expand the reach of access for the Palapa token ecosystem, while strengthening Palapa’s position as one of the utility tokens from Indonesia that has competitiveness both locally and globally.

In its own token ecosystem, Palapa runs a token burning mechanism or token burning. This process is carried out as part of the Palapa ecosystem growth strategy which is carried out in stages and in predetermined amounts every month, for 2 (two) years.

Palapa CEO, Jimmy Siswanto, stated that this initiative was aimed at increasing the adoption rate of the Palapa token, as well as strengthening its position as a superior crypto asset. In the future, Palapa will continue to expand its ecosystem collaboration, including collaboration with national hotels.

“We hope to continue expanding the reach of the ecosystem. Apart from the gaming industry, we are currently preparing exploration plans with national hotel chain. “The hope is that this can be a form of commitment and strengthen the utility of the Palapa token,” explained Jimmy.

Jimmy shared this at Bittime’s 3rd anniversary celebration, which also became a forum for giving appreciation to its supporting community. As part of the celebration, Palapa presented a program Flash Bet Celebration which offers annual returns or APY of up to 500% for token holders.

The program, which runs until Monday, December 15 2025, marks the company’s commitment to building a balance between providing incentives for users and responsible economic governance for a more solid future. Technological developments and regulations related to crypto assets are increasingly clear, providing opportunities for Indonesian people to be able to explore the world of digital finance with more confidence.

However, as is known, investing in crypto assets carries high risks. These include price fluctuations, loss of capital, liquidity, technology and regulatory risks for which the user is personally responsible. Because of this, it is very important to continue conducting research and discussions with trusted communities, one of which is the Bittime community.

About Bittime Indonesia

About Palapa Palapa through PT Global Karya Wisesa is a technology-based company at the forefront of blockchain and crypto asset innovation. Palapa has a vision of encouraging widespread adoption and utilization of blockchain technology by creating an easy and user-focused ecosystem. Palapa Token (PLPA) has been officially registered by the Commodity Futures Trading Supervisory Agency (Bappebti). Where the Palapa token has been included in the list of 545 crypto assets that can be traded currently. About Bittime Bittime through PT Utama Aset Digital Indonesia is a crypto asset investment platform registered and supervised by the Financial Services Authority (OJK), as well as the Ministry of Communications & Digital (Komdigi). Bittime is also a member of the Indonesian Blockchain Association (ABI) and the Indonesian Crypto Asset Traders Association (ASPAKRINDO). As a crypto asset investment platform, Bittime has a vision to become the community’s main choice of crypto asset trading and investment platform with various features and meeting the needs of its users.

This press release has also appeared on VRITIMES