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Author Topic: 🔥[ANN]SIMBA Storage-Stablecoin baked by Bitcoin Satoshi  (Read 2179 times)
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July 05, 2020, 05:31:19 AM
Last edit: July 05, 2020, 01:30:23 PM by simbastorage
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July 06, 2020, 12:19:39 PM
 #2

One thing that potential investors will think of, why not directly invest in BTC rather than your stablecoin? This is something you need to think about. Because users are already fed up of most blockchain projects. They wanna stick to btc rather than alts.
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July 07, 2020, 08:00:52 AM
 #3

it all looks very interesting !
especially from the technical side ...
please tell me if there are bonuses for early investors and when will your storage be launched ?
Hello! Thanks! Simba has already started work.
SIMBA holders get the opportunity to earn money on an affiliate program.
5 levels of affiliate program: 5% -1% -1% -0.5% -0.5% of the invited deposit. The charge is made in SST utility tokens and is instantly distributed by a smart contract. SST tokens can be sold on the exchange 30 days after accrual (30 days - lock up period to prevent fraudulent manipulations with referral bonuses), or  expect a smooth price increase from $ 0.1 to $ 1.13.

One thing that potential investors will think of, why not directly invest in BTC rather than your stablecoin? This is something you need to think about. Because users are already fed up of most blockchain projects. They wanna stick to btc rather than alts.

Hello!Most world’s storage solutions suffer from lack of reliability on the custodian side, as these services lock your bitcoins and do not give you any assets in return.
By depositing bitcoin into the Simba storage, the client «mints» a tokenized representation of bitcoin called Simba Stablecoin (SIMBA), ERC-20 token, which is pegged to satoshi. Customers of the platform get a top level of trustworthiness by using a combination of hot wallets as easier liquidity providers and multi signature cold wallets deposited in Switzerland and Lichtenstein. The majority of funds are stored in cold wallets for the security reasons. 


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July 08, 2020, 05:20:39 AM
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One thing that potential investors will think of, why not directly invest in BTC rather than your stablecoin? This is something you need to think about. Because users are already fed up of most blockchain projects. They wanna stick to btc rather than alts.

the main thing for me is to understand how much revenue they can offer to users
at least it will be really important to me and the prospect will be huge

Hello! Storing your bitcoins in SIMBA storage does not imply making additional profit besides the BTC price increase. However, each user will be able to earn by inviting friends and receiving a referral payment in the company's utility tokens. Tokens can be sold on the exchange for withdrawal or held as shares of the company.  8,000,000 SST (8%) of total supply will be allocated for the referral program.
         

I read your blog in medium and I must say that it is very interesting and it looks like it will be in demand among users .
I look forward to the start of the project

you need to understand how best to invest in this project !
And you also need to understand whether there will be an affiliate program as I would like to recommend the project to my friends

Hello! SIMBA holders get the opportunity to earn money on an affiliate program.
5 levels of affiliate program: 5% -1% -1% -0.5% -0.5% of the invited deposit. The charge is made in SST utility tokens and is instantly distributed by a smart contract. SST tokens can be sold on the exchange 30 days after accrual (30 days - lock up period to prevent fraudulent manipulations with referral bonuses), or  expect a smooth price increase from $ 0.1 to $ 1.13.


One thing that potential investors will think of, why not directly invest in BTC rather than your stablecoin? This is something you need to think about. Because users are already fed up of most blockchain projects. They wanna stick to btc rather than alts.

there is logic in this but at the moment bitcoin is not a high yield investment which is why many investors are looking for other tools in the blockchain market
Hello! One of the best investment strategies for Bitcoin is considered to be its long-term hold or, as it is also called in the cryptocurrency community, HODL. By the way, this word appeared thanks to one representative of the cryptocurrency community, known by the nickname GameKyuubi, who, in the text about his Bitcoin retention strategy, was mistaken in the word hold.
As Bitcoin appeared, 1,500 coins could be purchased for 1 US dollar, now the price of the flagship cryptocurrency is $ 10,000, having managed to reach a peak of $ 20,000 at the end of 2017. You can study the reports of traders who have earned good interest on Bitcoin trading for all these years for a long time, but these percentages will not even be able to get close to the profit that the holding investors received.
The profit that people bought Bitcoin, for example, in 2013 and still hold it, currently stands at 3800%, an average of 542% per year. Having invested 1,000,000 rubles in Bitcoin in 2013, you would now have 39,000,000 rubles at your disposal. Such an incredible figure actually indicates that the long-term storage of BTC is a very correct decision and the most profitable investment activity.
Many top managers, leaders of the world’s largest companies and analysts predict that the growth of Bitcoin will continue. Some people assume that the price will rise up to $ 1,000,000 in the near future, others think of a smaller rise: $ 288,000 by 2024. Both development options of Bitcoin prices cannot be real, therefore Simba.Storage analysts strongly recommend investing any possible amount in this asset for yourself and just wait.
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July 10, 2020, 02:11:13 PM
 #5

You should make an announcement about platform release
What about the next updates? when will you release your platform?
Hello team !
please tell me the storage is already available ?
can I test how it all works now ?

🔵 Dear community!

This is the moment we’ve been preparing for a long time… 
We made great efforts, we attracted specialists from various fields in order to successfully launch and implement our project. And you helped us a lot!

Right now we are announcing the launch of SIMBA Storage (https://my.simba.storage/register?referral_id=5efdd1caa55b4082668529e2), a reliable and convenient storage for your Bitcoins. Simba Storage provides cold storage for your digital gold in several countries: United Arab Emirates, Switzerland, Liechtenstein, New Zealand.

It's no secret that we believe in the long-term growth of Bitcoin price. We have repeatedly told our community about this opportunity (https://medium.com/@simbastorage/better-hold-than-trade-a5b9f9fe9c6f), which in a few years may become the key to everyone’s financial independence. “Buy Bitcoin and HOLD IT” is the advice we have been giving for the rest of our team activity.

As you know, it is crucial not only to buy Bitcoin, but also to provide a high degree of reliability of its storage. We saw this as a market need and made the storage of Bitcoin affordable, convenient and secure for everyone.

❌ What are the disadvantages of storing bitcoin?
- Storage on the Exchange, as well as on hot wallets, is an unsafe way (https://medium.com/@simbastorage/where-to-buy-bitcoins-3c5863ed365e);
- Storage on a hardware wallet is reliable, but can be quite complicated for the average person. First, you need to purchase a hardware wallet, and then deal with the interface. In addition, the storage of all bitcoins is not desirable on 1 hardware wallet;
- Storage is accompanied by a number of responsible procedures with the preservation of private keys that users very often lose, thereby losing access to their Bitcoins forever.
- Storing bitcoins on a hardware wallet, we are faced with a fairly long time to transfer them, if circumstances require. The Bitcoin network can be very busy and   «long».

✅What facilities does Simba.Storage provide?
- Cold storage with multi-level authentication, which will not allow attackers to gain access to your cryptocurrency, providing a high degree of reliability of storage with regulation in several countries.
- Instead of the transferred Bitcoins, you will be given “SIMBA (ERC-20) stablecoins (1 SIMBA = 1 Satoshi), which are fully backed by Bitcoin, and at the same time you can use them for transfers as quickly as any tokens on the Ethereum network.
- You do not need to worry about your private keys being lost. The KYC procedure, which investors will pass, allow users to regain access to their Bitcoins.
- Information about the storage is transparent and accessible to all users (you can always see how many Bitcoins are in the store).
- Low commission for transfers.
- A generous reward system for expanding and developing our ecosystem.
- The ability to transfer your Bitcoins as an inheritance.
- Ability to create a trust fund for your family.

🌐 Register on the WEBSITE
 https://my.simba.storage/register?referral_id=5efdd1caa55b4082668529e2 🌐

Join to our Channel (https://t.me/simbastorage) 👈 and Chat (https://t.me/simbastorage_en) 👈,where you can find out all the information about our project.

We favour development of Blockchain technology, we favour cryptocurrencies and financial well-being of every person on the planet!
Simba.Storage demonstrates that Switzerland can and should be innovative!


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July 12, 2020, 04:32:48 AM
 #6

How many people are working on the platform?? What about your advisors?
Hello! Currently, 21 specialists are working on the launch of the platform, including the development department (it is the largest in number), the analysis department, the Law department, PR, support and community management  Smiley

Where is your Roadmap? Do you plan to update it?
You can find the information in our WP - https://simba.storage/white-paper.pdf
You are going to add so many solutions for your platform, hope you will make it soon
Thanks! Of course
I hear that SST (Simba Storage Token) not doing ICO, it a great project with strong capital. whether SST (Simba Storage Token) team will guarantee the price of a coin not less than the initial price of 0.1USDT
Hello! Yes. Since we did not conduct an ICO, the token will not be sold below the starting price of 0.1USDT, and its growth will go up smoothly, and not fall down, as it usually happens after the ICO.
Right now you can buy tokens on the VinDAX  (https://vindax.com)👈 exchange at a starting price of 0.1USDT/0,00001068 BTC!
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July 13, 2020, 06:03:49 AM
 #7


You are going to add so many solutions for your platform, hope you will make it soon

in fact I'm glad they got the listing !
I think this will allow the project to develop quickly and attract even more investors !
at least it looks interesting
Thanks!🙏 Your support is very important thing for our progress Smiley


I want to test how the storage works ! in fact this is one of the unique technologies
I've never seen anything like it on the market .
so it looks pretty interesting

I like what the team is doing right now
and I think that thanks to such an affiliate program you can get such a good passive income
Thanks for your support. We are working hard!


the fact that you have a good partner program is pleasing and it will help the project develop even faster

I really like how the project works
and the fact that the team got the listing so quickly makes me happy
I think this is a good idea for all of us
Thank you for your support, team is working hard to provide best platform for our users  Smiley

I want to test how the storage works ! in fact this is one of the unique technologies
I've never seen anything like it on the market .
so it looks pretty interesting
Thank you, we will work hard on it!

after all, will we be able to see interviews with team members in the near future or do you have plans to participate in any blockchain events ?

Yes of course. Very soon Wink
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July 13, 2020, 06:57:03 AM
 #8

Hello! Yes. Since we did not conduct an ICO, the token will not be sold below the starting price of 0.1USDT, and its growth will go up smoothly, and not fall down, as it usually happens after the ICO.
Right now you can buy tokens on the VinDAX (https://vindax.com)👈 exchange at a starting price of 0.1USDT/0,00001068 BTC!



now you will need to choose a good entry point ! And get a very good profit !
this will be as important as possible for me
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July 14, 2020, 09:41:36 AM
 #9


hi, how with the SIMBA website. I don't find more information on the website?
does I have to register first to get access to information on the website


https://simba.storage

all information is available on the site, but in order to test how the storage works, you will need to register .
and you can also get a referral link
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July 14, 2020, 11:25:58 AM
 #10


So SIMBA wants to want to bring the best of bitcoin, its secureness and immutability and combine it with ERC-20 tokens transparency. It would be relevant especially in order to speed up the transaction speed a bit.

but in any case, transactions are now quite expensive and slow .
this issue can be resolved with the launch of ETH 2.0
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July 14, 2020, 12:37:26 PM
 #11

What about next plans for Q3?
Hello!

Q3&Q4/2020
 - Listing SST on reliable exchanges.
 - SST token sale.
 - Registration of a legal entity in following countries: Estonia, UAE, Switzerland, Lichtenstein, New Zealand
 - Providing liquidity for DEXes via Simba Stablecoin.
 - Trust fund creation.
 - Deployment of multi signature protocols.

All the info about plans we have in the roadmap - https://simba.storage/white-paper.pdf

hi, how with the SIMBA website. I don't find more information on the website?
does I have to register first to get access to information on the website
Hello! Check the full information about us reward in the whitepaper - https://simba.storage/white-paper.pdf
After registration, your personal account will become available.
Instruction: https://drive.google.com/drive/folders/1q_jwMr5g_USsKelLBJkPPiEctBGw4Qq2

after all, will we be able to see interviews with team members in the near future or do you have plans to participate in any blockchain events ?

I think everything will be just fine!
and I'm sure I can buy tokens for me
this is in fact one of the best investments this year
Thanks for your support. Team is working really hard 👍
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July 14, 2020, 01:23:39 PM
 #12

I hear that SST (Simba Storage Token) not doing ICO, it a great project with strong capital. whether SST (Simba Storage Token) team will guarantee the price of a coin not less than the initial price of 0.1USDT

🔵 Dear Community!
We are pleased to announce the listing of the SST (Simba Storage Token) token!
Hurry up to buy at the best price right now!

Right now you can buy tokens on the VinDAX  (https://vindax.com/?ref=b15c6e6f9ffb692ec8944004ce903e7b)👈 exchange at a starting price of 0.1USDT/0,00001068 BTC!

Since we did not conduct an ICO, the token will not be sold below the starting price of 0.1USDT, and its growth will go up smoothly, and not fall down, as it usually happens after the ICO.

Get on the rocket with us! 🚀
This is only the first listing of the token according to the plan, there will be other exchanges in our list, including decentralized ones.

Let’s have a detailed look on SST tokenomics details:
🔸Total supply: 100,000,000 SST
🔸Distribution via Token Sale: 50,300,000 SST.
🔸Reward program for onboarding partners: 8,000,000 SST
🔸Airdrop: 1,700,000 SST.
🔸Security vault: 5,000,000 SST.
🔸Team: 5,000,000 SST with lock-up period. One million of tokens will be granted after 12 months. Another million will be unlocked after the second year. One more million will be available after 36 months. Finally, two millions will be unlocked after 60 months lock-up period.
🔸Foundation: 30,000,000 SST.

🧐Why do I need SST (Simba Storage Token)?

SST is a token designed to reward, develop and popularize SIMBA Storage project.
SST is part of our large ecosystem.

As our global project develops, the token price will increase smoothly.
🚀Why? Let's figure it out:

1) We did not conduct ICO (when projects conduct ICO, they sell their tokens at a previously reduced price, so that when tokens are listed on exchange they are already more expensive to be sold to people who did not participate in the ICO. So you can often see such a chart: as token is listed on the exchange, ICO participants immediately rush and sell their coins, thereby token price flies sharply down).
We have a different situation, SST have not yet been sold to anyone, and the airdrops that have been distributed to NTS ICO holders have been frozen and cannot be sold. By the time they are unblocked on 10.15.20, company will complete many tasks set to minimize holders' desire to sell . Already now in our chat we often see messages that users don’t plan to sell up to $ 1-5-15 per token.

As token purchases increase, its price will only rise smoothly and stably.
2) How will we attract potential investors to increase the token price ?
a) The storage have just started  its work,  attracting more and more people to use the service. Generous referral program has been developed for this aims. 8.000.000 SST are allocated for the referral program, which can be sold on the exchange (now for a price of $ 0.1). Everyone who will receive rewards in tokens is potentially interested in the growth of token price and increase in profit, x5 or may be x10. Even if a person is immediately interested in selling token to receive a profit in $, it is likely that he/she will not sell all tokens at once (token price can grow several times, it is better to hold a part)
b) We began cooperation with the best marketing agencies of the CIS, which show excellent cases, so we look forward to at least a decent result from their activities! In addition, we begin to study and negotiate with European marketing agencies for an even larger scale entry into the market. Agencies will disseminate information about our product through various social networks, thereby attracting new investors to the project, both for using our storage and for buying the SST token.
c) As part of the work with the agencies, we began to cooperate with YouTube bloggers who are engaged in cryptocurrency reviews for a wide audience. Blogger reviews are scheduled for the next days. In their reviews, bloggers will mention the SST token, which is traded on the exchange, which will also attract the audience to purchase. + According to the plan, we have publications in cryptocurrency media.
d) We create different contests with generous rewards to maintain the activity of the audience and disseminate information about the project. The nearest format for such events will be a quiz in which people can receive rewards both in USDT and in SST tokens, which will also arouse the interest of potential and existing investors in the token price increse.
e) We plan to list the token on other exchanges, which will attract additional traffic.

🌐 Check out useful material in our social networks:
🔸Our telegram channel:
https://t.me/simbastorage
🔸Our chat
(https://t.me/simbastorage_en)
🔸Medium
 (https://medium.com/@simbastorage)
🔸Facebook
 (https://www.facebook.com/simbastorage)
🔸Twitter
 (https://twitter.com/SWISSSST)

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July 14, 2020, 04:36:00 PM
 #13

The Simba project has been running since 2017 and I see this message embedded in the SIMBA telegram community, and I also see the SIMBA plan to register SIMBA in other exchanges, I agree with this, honestly I have never used the Vindax exchange because of it at the moment I have no plans to buy SST

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July 14, 2020, 06:41:09 PM
 #14

The Simba project has been running since 2017 and I see this message embedded in the SIMBA telegram community, and I also see the SIMBA plan to register SIMBA in other exchanges, I agree with this, honestly I have never used the Vindax exchange because of it at the moment I have no plans to buy SST

Thank you for your support, team is working hard to provide best platform for our users 😊This is only the first listing of the token according to the plan, there will be other exchanges in our list, including decentralized ones.
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July 15, 2020, 10:45:04 AM
 #15


Hello! Yes. Since we did not conduct an ICO, the token will not be sold below the starting price of 0.1USDT, and its growth will go up smoothly, and not fall down, as it usually happens after the ICO.
Right now you can buy tokens on the VinDAX (https://vindax.com)👈 exchange at a starting price of 0.1USDT/0,00001068 BTC!



now you will need to choose a good entry point ! And get a very good profit !
this will be as important as possible for me

this is really important for the development of the project! at least I will be able to buy coins early on to get a quick profit

Hi, dear community 👋

In this post, we will tell you about smart contracts 🤓
🔍A‌ ‌smart‌ ‌contract‌ ‌is‌ ‌a‌ ‌computer‌ ‌protocol‌ ‌that‌ ‌allows‌ ‌you‌ ‌to‌ ‌make‌ ‌contracts,‌ ‌verify,‌ ‌maintain‌ ‌and‌ ‌enforce‌ ‌digital‌ ‌contracts‌ ‌on‌ ‌the‌ ‌blockchain.‌


‌🦁 Both‌ ‌ERC-20‌ ‌standard‌ ‌tokens‌ ‌-‌ ‌the‌ ‌SIMBA‌ ‌stablecoin‌ ‌and‌ ‌the‌ ‌SIMBA‌ ‌Storage‌ ‌Token‌ ‌(SST)‌ ‌are‌ ‌created‌ ‌on‌ ‌the‌ ‌basis‌ ‌of‌ ‌SIMBA‌ ‌smart‌ ‌contract.‌ ‌
🦁 New‌ ‌useful‌ ‌features‌ ‌will‌ ‌be‌ ‌available‌ ‌for‌ ‌users‌ ‌when‌ ‌they‌ ‌update‌ ‌the‌ ‌functionality‌ ‌of‌ ‌ the‌ ‌SIMBA‌ ‌stablecoin‌ ‌smart‌ ‌contract‌ ‌of‌ ‌SIMBA.Storage‌ ‌to‌ ‌version‌ ‌2.0.‌ ‌
For‌ ‌example,‌ ‌the‌ ‌ability‌ ‌to‌ ‌withdraw‌ ‌any‌ ‌ERC-20‌ ‌tokens‌ ‌from‌ ‌the‌ ‌balance‌ ‌of‌ ‌the‌ ‌contract.‌ ‌‌

🔸The‌ ‌stablecoin‌ ‌works‌ ‌as‌ ‌the‌ ‌Simba.Storage‌ ‌token‌ ‌and‌ ‌is‌ ‌given‌ ‌in‌ ‌exchange‌ ‌to‌ ‌Bitcoins‌ ‌deposited‌ ‌into‌ ‌the‌ ‌storage.‌ ‌SIMBA‌ ‌is‌ ‌backed‌ ‌by‌ ‌BTC‌ ‌(1‌ ‌SIMBA‌ ‌=‌ ‌1‌ ‌satoshi).‌ ‌
🔸SIMBA‌ ‌Storage‌ ‌Token‌ ‌(SST)‌ ‌has‌ ‌a‌ ‌limited‌ ‌issue‌ ‌of‌ ‌100,000,000‌ ‌SST‌ ‌and‌ ‌is‌ ‌primarily‌ ‌considered‌ ‌as‌ ‌an‌ ‌asset‌ ‌to‌ ‌reward‌ ‌the‌ ‌partners‌ ‌who‌ ‌participate‌ ‌in‌ ‌the‌ ‌referral‌ ‌program.

🌏The‌ ‌main‌ ‌advantage‌ ‌of‌ ‌such‌ ‌contracts‌ ‌is‌ ‌the‌ ‌decentralization‌ ‌which‌ ‌comes‌ ‌from‌ ‌blockchain‌ ‌technology.‌ ‌
This‌ ‌means‌ ‌that‌ ‌to‌ ‌fulfill‌ ‌the‌ ‌conditions‌ ‌of‌ ‌smart‌ ‌contracts‌ ‌(‌namely‌ ‌to‌ ‌exchange‌ ‌any‌ ‌kind‌ ‌of‌ ‌assets)‌ ‌the‌ ‌services‌ ‌of‌ ‌intermediaries,‌
‌in‌ ‌particular,‌ ‌banks‌ ‌and‌ ‌government‌ ‌agencies,‌ ‌are‌ ‌not‌ ‌required.‌ ‌It‌ ‌is‌ ‌also‌ ‌worth‌ ‌noting‌ ‌that‌ ‌all‌ ‌conditions‌ ‌are‌ ‌met‌ ‌automatically‌ ‌by‌ ‌the‌ ‌contracts‌ ‌themselves.‌ ‌

Read more in our article👇
https://medium.com/@simbastorage/description-of-the-smart-contract-functionality-version-2-0-5807af926740


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July 16, 2020, 06:34:24 AM
 #16



I read your blog in medium and I must say that it is very interesting and it looks like it will be in demand among users .
I look forward to the start of the project

you need to understand how best to invest in this project !
And you also need to understand whether there will be an affiliate program as I would like to recommend the project to my friends

I think that the partner program will be needed in order to make the project popular
and I would be interested to know the team's opinion on this issue


Hello! Yes, SIMBA holders get the opportunity to earn money on an affiliate program.
5 levels of affiliate program: 5% -1% -1% -0.5% -0.5% of the invited deposit. The charge is made in SST utility tokens and is instantly distributed by a smart contract. SST tokens can be sold on the exchange 30 days after accrual (30 days - lock up period to prevent fraudulent manipulations with referral bonuses), or  expect a smooth price increase from $ 0.1 to $ 1.13.


where can I read more about your economic model ?
I am interested in how the team will earn money and how you plan to monetize the project

read the information on the site .
but in fact this is a unique project that will move the blockchain technology market forward
I hope it will be fully implemented

Thank you for your support, team is working hard to provide best platform for our users 😊
where can I read more about your economic model ?
I am interested in how the team will earn money and how you plan to monetize the project

Greetings! We published a rather huge list of planned partnerships 👇

📌📌
1. Community Development.
2. Affiliate program.
3. Advertise with bloggers around the world.
4. Quizzes and practical jokes.
5. Creating our own articles about blockchain and cryptocurrencies, technology and security.
6. Advertising in crypto media and other online financial magazines in different countries.
7. Participation in conferences and events of European crypto forums (such as Blockchain Leadership Summit).
8. Presentations for crypto funds and family offices.
9. Joining Crypto Valley Association (https://cryptovalley.swiss) in ZUG
10. Partnerships and integration with exchangers (Kyber Network / IDEX / AIRSWAP / and dozens of others)
11. SST listings on exchanges.
12. Listing for a https://coinmarketcap.com/
13. SIMBA listing on 50 different exchange systems



So SIMBA wants to want to bring the best of bitcoin, its secureness and immutability and combine it with ERC-20 tokens transparency. It would be relevant especially in order to speed up the transaction speed a bit.

but in any case, transactions are now quite expensive and slow .
this issue can be resolved with the launch of ETH 2.0

as I understand it will be quite soon ! But in any case it will be a unique concept and nothing like this I have not seen on the market before and I think the project will be in demand

Sure, team is working hard on it Smiley


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July 18, 2020, 05:11:45 AM
 #17

now I can buy tokens on the exchange ?
or do I need to buy from your site ?
and what will be the cost of your services . I mean storage

Simba Storage aims to be the most convenient and robust platform for storing bitcoins. Our solution is bringing security and efficiency benefits in long-term holding crypto assets, as it provides an institutional-grade security storage with easy-to-use interface and great level of privacy.
SIMBA Stablecoin is the world's first stablecoin backed by Bitcoin (1SIMBA = 1 Satoshi). Fees: purchase / sale of fixed 50 000 SIMBA and transfers 5000 SIMBA
Rewards: 5-level system in SST tokens

SIMBA Storage Token is created to reward our most active users, strategic and infrastructure partners to build a strong community. Right now you can buy tokens (SST-SIMBA Storage Token) on the VinDAX exchange. Simba Storage Token will be a backbone of the Simba’s ecosystem. 100 million of SST will be distributed among early adopters of Simba Storage Service, crypto enthusiasts, most active users, strategic and infrastructure partners. By using game theory and incentives, the use of SST will become desirable by all stakeholders of the ecosystem including users, traders, exchanges and third-party products/ services providers.
Total supply: 100,000,000 SST
Reward program for onboarding partners: 8,000,000 SST

are you planning a bounty program or something similar ?
there may be contests for the community

Various events are planned for attracting a large audience: contests on social networks and Youtube in various formats. We are working on this, do not worry, be sure it will be interesting;) Collaborations of events with exchanges are possible. We will announce each event in our channel and chat.

Subscribe to be among the first ones who will be informed about news and competitions https://t.me/simbastorage 😊


now I can buy tokens on the exchange ?
or do I need to buy from your site ?
and what will be the cost of your services . I mean storage

all this works just fine !
I have tested the project and I am sure that it will be very convenient, but how safe it will be is another question

Thank you for your support, team is working hard to provide best platform for our users 😊

I've never seen anything like it on the market. Quite a strange stablecoin )))
But all the better since you will be unique in this market
good luck to the team
Yes our team work  hard on it. Thanks for support 🤗

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July 19, 2020, 05:35:30 AM
 #18

please tell us what the price of your services will be ?
and what will your economic model be ?

Hello! Fees: purchase / sale of fixed 50 000 SIMBA and transfers 5000 SIMBA
Rewards: 5-level system in SST tokens

Simba project is an issuer of 2 tokens:

1️⃣ First one is Simba token 100% backed by bitcoin. It is "printed" automatically and transmitted to the user in exchange for the equivalent amount of BTC transferred to the SIMBA storage platform , 1 BTC = 100,000,000 SIMBA. 👉🏻And it burns automatically when a user spends SIMBA tokens or takes them from the storage. The token issue is made by a smart contact, the issue depends only on the amount deposited BTC.

2️⃣ The second token is utility token SST. Its emission is already  made, Total supply 100,000,000 SST.  50.3% or 50,300,000 SST has been distributed for the token sale, the entire number of tokens will be available for purchase only on the exchange, this does not involve staking.

where can I see a more detailed road map to understand what is in store for us this summer

Hello! You can read more in our White Paper: https://simba.storage/white-paper.pdf


I've never seen anything like it on the market. Quite a strange stablecoin )))
But all the better since you will be unique in this market
good luck to the team

for me the main motivation is to earn income and I hope that the team can provide this for us

Hello! Storing your bitcoins in SIMBA storage does not imply making additional profit besides the BTC price increase. However, each user will be able to earn by inviting friends and receiving a referral payment in the company's utility tokens. Tokens can be sold on the exchange for withdrawal or held as shares of the company.  8,000,000 SST (8%) of total supply will be allocated for the referral program.
      

SIMBA holders get the opportunity to earn money on an affiliate program.
5 levels of affiliate program: 5% -1% -1% -0.5% -0.5% of the invited deposit. The charge is made in SST utility tokens and is instantly distributed by a smart contract. SST tokens can be sold on the exchange 30 days after accrual (30 days - lock up period to prevent fraudulent manipulations with referral bonuses), or  expect a smooth price increase from $ 0.1 to $ 1.13.

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July 22, 2020, 03:23:38 AM
 #19

Friends, our storage is growing every day! Today there are about 2 BTC in SIMBA STORAGE and we are not going to stop!

The further, the better! 🚀 Store your digital gold securely and conveniently!





When will you announce about your further development?

Check the roadmap. Team is working hard. 💪
Do you plan to expand Asian market ?
Yes, of course.


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July 23, 2020, 09:18:15 AM
 #20

What do you plan for Q3 this year?
What about the next partnership? What are you going to do?

Hello! All the info about plans we have in the roadmap! 👍 https://simba.storage/white-paper.pdf

Q3&Q4/2020
- Listing SST on reliable exchanges.
- SST token sale.
- Registration of a legal entity in following countries: Estonia
- UAE Switzerland Lichtenstein New Zealand
- Providing liquidity for DEXes via Simba Stablecoin.
- Trust fund creation.
- Deployment of multi signature protocols.

Hello team !
please tell me how can I invest in this project now ?
I would like to make it as profitable as possible

Hello! The whole process of storing assets will be as following:   
            
1) Firstly, the client is going to register on the Simba platform and enter personal data to pass KYC according to the standard of the local regulator. This KYC procedure may be regarded as a backup for the user who has forgotten his authorization information and passwords.
2) Then, the client will choose one of available storages: Switzerland or Liechtenstein (the UAE and New Zealand storages will be available later).
3) After that, the user will leave a request for exchanging BTC to Simba token and receive a convertible account. Next step is to transfer BTC from the initial BTC address to the convertible account.
4) Finally, our platform will receive 3 block confirmations of bitcoin network and the smart contract will print Simba tokens to the receiver address. Done!

Storing your bitcoins in SIMBA storage does not imply making additional profit besides the BTC price increase. However, each user will be able to earn by inviting friends and receiving a referral payment in the company's utility tokens. Tokens can be sold on the exchange for withdrawal or held as shares of the company.  8,000,000 SST (8%) of total supply will be allocated for the referral program.
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