Skip to main content

LBank: Focusing on Real Estate and Finance, SimbCoin Swap Is Making an Impact on the African Market

PRESS RELEASE. Blockchain that provides an environment of security, transparency and traceability is an innovative technology that applies in various kinds of life activities. For Africa, it is an opportunity for evolving and making changes. The SimbCity – SimbCoin Swap project, a solution for real estate and finance, is making an impact on the African market with the power of blockchain technology.

The project could be viewed as two parts that complement each other, for the real estate part, there is SimbCity project that focuses on booming African tourism industry. In Africa, currently more than 63 million visitors are being received every year, and this number is expected to grow even larger by the year of 2027, which will be astounding 110 million. SimbCity project concentrates on real estate located on popular touristic area of Africa like Kribi, to ensure that it chooses the best locations with minimal expenses and supply reliability for each division.

As for the finance part, there is a token called SimbCoin Swap (SMBSWAP), which is based on the ERC20 system from Ethereum. It offers a new and unique approach to invest in the crypto field, generates rewards from tangible luxurious markets such as real estate, and is integrated by eco-sustainable energy and an extraordinary form of BTC crypto-mining.

The total supply of SMBSWAP token is 150 million (i.e. 150,000,000 SMB SWAP), 60% of it was for private sale, and 40% has been provided for public sale, investors can buy SMBSWAP on LBank Exchange right now, and there is also a special staking event provided, investors can enjoy 20% APY without locking on LBank Exchange, gaining interest which will be settled daily by just holding the SMBSWAP tokens.

Backed by GIT

Global Investment Trading (GIT) was founded in May 2017 following the success story of its promoter, the crypto-millionaire Emile Parfait SIMB. It is a business development center and a private crypto investment fund as well.

In 2018, the company embarked on new projects such as e-commerce, trading platform and numerous investments in the livestock sector, agriculture, catering and real estate. In 2019, with success and continuous growth, GIT launched a project named Liyeplimal Africa Tour that ensured its presence in 24 African countries and three e-commerce sites in Madagascar (Limarket Mada), Dubai (Liportal) and Cameroon (Limarket).

Today, GIT is made up of more than 8,000 crypto-investors, members in more than 55 countries across the world, 7 representation head offices, an association charity (Odette Liyeplimal Association), 3 e-commerce sites (Limarket Cameroon, Limarket Mada, Liportal), a trading platform (SIMTREX), a recruitment platform (Workoo), a restaurant (Liyeplimal restaurant), a currency of exchange (Liyeplimal money), an agropastoral farm, a driving school center and a crypto ecosystem (SimbCoin Swap).

Beginning of the adventure

GIT has already proven its portfolio with all the successful projects and products it is holding and managing. But this is still just the beginning of the adventure, the collaboration with Cameroon State vision made it possible to launch SimbCity project in the seaside town Kribi, and with the innovative blockchain technology, SimbCoin Swap was launched for proceeding the fundraising of SimbCity.

In addition, by being listed on trading platforms including LBank Exchange, SMBSWAP token now can be reached by users from all around the world, which helps the project draw more attention and further expand its global market. SimbCoin Swap is on its way to make an even bigger impact on Africa, and eventually achieve its goal of reaching a secure, prosperous and sustainable future.

Official website:https://www.simbcoin.net

 

Contact Details:
LBK Blockchain Co. Limited
LBank Exchange
marketing@lbank.info

 


This is a press release. Readers should do their own due diligence before taking any actions related to the promoted company or any of its affiliates or services. Bitcoin.com is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in the press release.



from Bitcoin News https://ift.tt/3mkA0Rv

Comments

Popular posts from this blog

Mt Gox Creditors Updated, Trustee Says Rehabilitation Custodian Is ‘Currently Preparing to Make Repayments’

On August 31, 2022, the Mt Gox trustee Nobuaki Kobayashi explained in a recent letter that the rehabilitation custodian is “currently preparing to make repayments” to Mt Gox creditors. Trustee Updates Mt Gox Creditors — Repayment Date and Exchange Still Unknown Last week speculation and rumors concerning the release of 140K bitcoin ( BTC ) from Mt Gox littered social media platforms and headlines. Bitcoin.com News covered the situation six days ago as a number of people and Mt Gox creditors called the rumors “ fake news .” During that same period of time, a bitcoin whale transferred 10,000 BTC to unknown wallets, and a 2018 annotation , heuristics, and clustering methods show the funds likely originated from the June 2011 Mt Gox hacks. Following the mysterious whale transfer, last Wednesday, Mt Gox published an official update from the court trustee Nobuaki Kobayashi that explains the court is “currently preparing to make repayments” to creditors. Mt Gox creditors have been wait...

Fidelity Discusses Bitcoin as Portfolio Insurance — Could Soon Stand in ‘Stark Contrast’ to Path Fiat Currencies Take

Fidelity Digital Assets, a subsidiary of Fidelity Investments, says that bitcoin could be considered portfolio insurance. The firm notes that the cryptocurrency “may soon stand in stark contrast to the path that the rest of the world and fiat currencies may take — namely the path of increased supply, additional currency creation, and central bank balance sheet expansion.” Fidelity Says Bitcoin Could Be Portfolio Insurance Fidelity Digital Assets, a subsidiary of Fidelity Investments, recently published a research study titled “The Rising Dollar and Bitcoin.” The research outlines “how bitcoin could be considered portfolio insurance” as the rising dollar impacts global currency markets. “The strengthening U.S. dollar is wreaking havoc among other countries and may put pressure on the Federal Reserve to soon reverse its tightening monetary actions, something that has precedent based on 1985’s Plaza Accord,” Fidelity explained. In addition, “more monetary debasement may be needed to ...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia and China May Be Developing Gold-Backed Currency Several experts have shared their views on Russia and China potentially creating a new gold-baked currency, Fox Business reported Saturday, emphasizing that China has been buying up huge quantities of gold while Russia was forced off the U.S. dollar due to sanctions imposed on the country following its invasion of Ukraine. The news outlet noted that some experts have cautioned that these moves, along with the closer relationship that has developed between Moscow and Beijing, point to the likelihood of China attempting to launch a gold-backed currency. However, neither Russia nor China has officially confirmed plans for such a currency. Craig Singleton, senior fellow at the Foundation for Defense of Democracies and a former U.S. diplomat,...