Meet SimbCoin on LATOKEN: now open for trading

SMBSWAP coin from one of the most anticipated African crypto startups is available for trading on the LATOKEN exchange in pairs with BTC, USDT and ETH.

The future of real estate in Africa

The project is created by a team of experienced and successful entrepreneurs from Africa intend to create a tokenized smart city in Cameroon on the coast of the Atlantic Ocean. The city, called SimbCity, will use modern eco-friendly technologies, solar energy power, blockchain, smart-contracts to build a unique place for luxury tourism in Africa. SimbCoin creates a new luxury tourism format by tokenizing real assets and providing low entry threshold for average investors.

SimbCoin Swap (SMBSWAP) token utility

This is an ERC-20 token that can be used as a means of payment in the ecosystem of the smart city SimbCity, as well as a means 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.

Project’s achievements

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. The project went through the stages of design and approval. Construction is scheduled for March 2021, according to SimbCoin’s 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 (exchange platform), (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), (E-Commerce site in Madagascar accepting payment in Bitcoin and mobile money) in Kenya and Senegal also; Limo (money transfer service) and many others.

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About Author

Jake Simmons

Jake Simmons has been a crypto enthusiast since 2016, and since hearing about Bitcoin and blockchain technology, he's been involved with the subject every day. Beyond cryptocurrencies, Jake studied computer science and worked for 2 years for a startup in the blockchain sector. At CNF he is responsible for technical issues. His goal is to make the world aware of cryptocurrencies in a simple and understandable way.

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