FAQ

Frequently Asked Questions (FAQ)

• What is IWT?
  IndoWealth Token (IWT) is the world’s first cryptocurrency backed by a land reclamation and development project, specifically the New Batam Centre Land Reclamation and Development Project (NBC Land) in Indonesia.
• How does IWT work?
  IWT operates on the Solana blockchain, offering high transaction speeds and low fees. The token's value is securely linked to the NBC Land project, ensuring that it is always backed by a tangible asset.
• How do I contact IWT support?
  You can contact IWT support via the “Contact Us” link at the bottom of the IndoWealth Group website, or through our Telegram Community and Twitter (X) account, accessible via the icons beneath the Contact Us link.
• What are the benefits of investing in IWT?
  Investing in IWT offers the security of real-world asset backing, significant growth potential, transparency through regular project updates and efficient, low-cost transactions on the Solana blockchain.
• How can I stay updated on IWT news?
  Stay updated by clicking “Blogs and Announcements” on the IndoWealth Group website or through our Telegram Community and Twitter (X) account, accessible via the icons beneath the “Contact Us” link.
• What is the NBC Land Project?
  The NBC Land Project is a 100-hectare land reclamation and development project on the north-eastern tip of Batam Island, Indonesia. It will feature a new ferry terminal and a self-contained tropical island with world-class amenities aimed at high-net-worth individuals, corporations, and tourists. Managed by China Communications Construction Company Limited (CCCC) and PT Synergy Tharada, it offers a competitive alternative to Singapore’s real estate market and is expected to have an initial Gross Development Value (GDV) of USD 3.2 billion, with a final GDV of USD 17.8 billion.
• Where can I review documentation for IWT and NBC Land?
  Documentation, including the IWT White Paper and additional details on the NBC Land project, is available on the IndoWealth Group website.
• Do I need a wallet for IWT?
  Yes, a cryptocurrency wallet compatible with the Solana blockchain is required to store and manage your IWT tokens.
• Is IWT linked to other projects?
  IWT is specifically linked to the NBC Land project, which has partnerships with significant entities including China Communications Construction Company Limited (CCCC) and PT Synergy Tharada.
• What gives IWT value?
  IWT’s value is underpinned by the assets and development of the NBC Land project, expected to appreciate due to its strategic location and world-class infrastructure.
• How do I start investing with IWT?
  To start investing, you may participate in the token offering and purchase IWT using a compatible wallet when it is listed.
• When is IWT listing?
  The projected listing date for IWT is November 15th, 2024, with confirmation to be made via announcements on the IndoWealth Group website and our Telegram Community and Twitter (X) account.
• What are the fees associated with investing in IWT?
  Fees are minimal, primarily involving low transaction fees on the Solana blockchain, significantly lower than those on other blockchains like Ethereum.
• What can I do with my IWT?
  IWT can be held as an investment or traded for profit on cryptocurrency exchanges after its listing.
• What are the ways I can get IWT?
  IWT can be obtained through purchasing upon listing or via airdrops and giveaways organized by IndoWealth Group.
• How do I participate in giveaways and airdrops?
  Participation in giveaways and airdrops is mainly done through our Telegram bot game and watching for announcements on our Telegram Community and Twitter (X) account.