Actio Token Officially Listed On PancakeSwap, This Is AIO's Big Mission For National Film Industry Players

The Actio token is already listed on PancakeSwap. (Actio)

JAKARTA – Locally made crypto tokens are increasingly appearing in the country, one of which is the Actio token (AIO). Interestingly, this token is intended for economic equality for creative industry players, which has been controlled by a handful of people. Actio also seeks to solve problems in the film industry.

“The entertainment world has always depended on investors who have big funds. Actio tokens are here to solve this problem," said Actio CEO Bayu Tanjung when interviewed by Voi.id, Thursday, April 7, 2022.

As explained on Actio's official website, this token is intended to develop an ecosystem in the film industry that is mutually beneficial for creative industry players.

That is, the Actio token seeks to become a means of mutual cooperation for the independence of the domestic film industry. Therefore, a row of senior artists supported the Actio token including Jarwo Kwat, Komeng, Cok Simbara, and Yati Surachman.

"So far, creative industry players have limited connections and networks. So Actio will be the entrance for the community and creative industry players. So everyone can access the creative industry through Actio and make it equal," added Bayu.

When asked about the purpose of developing the Actio token, Bayu explained that this was aimed at advancing the Indonesian entertainment world. Because the film industry players themselves play an important role in maintaining the national film industry.

“Don't let the film industry in Indonesia lose out to foreign countries or the owners of big funds. So we will try to produce works of good quality so that they are not inferior to the entertainment authorities or owners of large funds. So with Actio, we will step up and boost the film industry. So we all have from all the movies. Film creators will also receive appropriate awards and benefits," he said.

Actio Token and Its Projects

Unlike other tokens launched by a number of domestic artists, the Actio token will feature a staking feature, where Actio owners can lock their tokens for a certain period of time and get additional rewards in the form of Actio tokens.

“So investors who lock Actio tokens will get a percentage of how many tokens they put in. So for example, if they have 1 billion tokens (which are locked), they will get a percentage of the profit," concluded Bayu.

The more tokens that are locked, the greater the percentage obtained through the staking feature. However, Bayu has not provided any information regarding the annual percentage rate or APR of Actio's staking feature.

Recently, the Actio token was officially listed on the PancakeSwap decentralized exchange (DEX). AIO itself uses the contract address 0x47C18b9758D48901B54d046C0e803753Da7E433f. Apart from PancakeSwap, AIO can also be purchased at DEX poocoin.app.

Previously, Actio was planned to be listed on PancakeSwap on March 30. However, due to various considerations, including the issue of affiliates, which was widely discussed some time ago, it was feared that it would affect market conditions, so it was decided to list it in April.

"Due to current conditions, seeing Indra Kenz and Doni who are fraudulent investment cases, all prices are going down as well as the team's consideration. That's why we want to make Actio not just a gambling token or something like that," he concluded.

CertiK Audit audit

Not only that, the Actio token will also be registered with the CertiK audit platform. For your information, CertiK is a leading security-focused rating platform for analyzing and monitoring blockchain protocols and DeFi projects.

"In terms of the CertiK audit plan, yes, there is. That's as the project goes, "said Bayu.

Founded in 2018 by professors from Columbia and Yale, CertiK is a pioneer in blockchain security, leveraging Formal Verification and best-in-class AI technologies to secure and monitor blockchain, smart-contracts, and Web3 applications.

Furthermore, Bayu himself explained his plan to enter the domestic crypto exchange. However, he has not given any leaks regarding which local crypto exchanges to enter because of a number of considerations, one of which is the trading robot offered by crypto trading platforms in the country.

He considered this only to be used for profit and not to own crypto tokens. Before buying tokens, Bayu emphasized that first DYOR (do your own research) so that potential investors understand the advantages and risks of buying crypto first.

Therefore, to enter the domestic CEX, crypto tokens must first be traded on global markets including on DEX PancakeSwap. After that, it can only be registered with CoFTRA and traded on domestic crypto exchanges.

“So before registering with CoFTRA, we must first prove that our tokens are of high quality. When we have proven it globally, we will register with CoFTRA," he explained.

When asked about the airdrop or the distribution of free tokens that the crypto community is usually hunting for, Bayu explained that for now there is no airdrop. However, his party will develop an Indonesian film streaming platform. It allows viewers to earn Actio tokens just by watching movies.