Post
Topic
Board Tokens (Altcoins)
Re: 🔥[ANN]SIMBA Storage-Stablecoin baked by Bitcoin Satoshi
by
simbastorage
on 18/09/2020, 16:04:13 UTC
I have already seen many projects similar to SIMBA and they all offered the same thing, their main task is to raise funds from investors. What is your main goal?

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.
I participated in that contest, and it's a pity that I didn't manage to be among the winners. Although wait, there seemed to be only 1 winner.
I think that attention to the project should be attracted by any available means, whether it is a competition or something else.

Every week we hold contests in the telegram community https://t.me/simbastorage_en

I saw this on your Twitter feed https://twitter.com/SWISSSST/status/1298826506555265032
 tell Me, will you hold similar contests in the future?


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 😊

What will be the price of your services on your platform ?
What do your first investors get?

Our service will charge a small fee (50,000 SIMBA each) for opening and closing the vault (about 0.455 at BTC rate $9100). Also, it will take a storage fee which is about 0.4–0.8% from the whole deposit per annum.