Place/Date: - January 6th, 2021 at 2:41 pm UTC · 2 min read
Contact: SimbCoin, Source: SimbCoin
Created by an experienced team of African entrepreneurs, the project has a goal to build a smart city called “SimbCity” in Cameroon on the Atlantic coast. With help of blockchain technology, solar energy power, and the Internet of Things, SimbCoin is developing a unique tourism project in Africa, combining the emerging industries of cryptocurrency, eco-tourism, and luxury real estate.
SMBSWAP is an ERC-20 coin that can be used as a payment tool in the ecosystem of the SimbCity, as well as a way for real estate tokenization. Coin owners will be able to buy shares in apartments with them and receive passive income distributed by a smart contract on the blockchain. In addition, through technology and security, SMBSWAP will be able to become a cross-border payment medium in Africa, creating a new digital, economically attractive reality in this dynamically developing region.
The project has been developing since 2019, the total supply of tokens is 150,000,000 SMBSWAP, 90,000,000 of which were successfully sold during private sales. Tokens are already available for sale in the open market on the LATOKEN exchange. The design and approval stages have already been passed, the construction of the SimbCity resort will begin in March 2021 according to the roadmap. Prior to the launch of SimbCoin, the project team has implemented a number of successful crypto projects in Africa in more than 3 years, including www.simtrex.net (exchange platform), www.limarket.net (E-commerce site in Cameroon accepting payments in Bitcoin and mobile money) where you can become DCA (Digital Commercial Agent), Liyeplimal (Private Investment Fund based on Trading and Auto-Trading crypto-assets with a community of 65.000 members on the date of 2020 Nov 24), www.limarketmada.net (E-Commerce site in Madagascar accepting payment in Bitcoin and mobile money) in Kenya and Senegal also; Limo (money transfer service) and many others.