 | SimbCoin (SMB) |
LatokenSimbCoin (SMB) is the currency of the real estate eco-tourism project SIMBCITY, a hotel city of 300 furnished and unfurnished apartments by the Atlantic ocean, in the seaside resort KRIBI at the coast of Cameroon.
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What is SimbCoin
Blockchain technology that provides an environment of security, transparency and independence is the miracle innovation that applies in all areas of life activities. This is an opportunity that Africa is seizing to make the transition and catch up with the deadlines, while being consistent with the standards that prevail in order to reach the pinnacle of technological excellence. The SimbCity-SimbCoin project, a Context-Need solution, is a lantern for the economic option that will bring to life African vision in two sectors: real estate and finance.
Real estate: SimbCity is an affordable luxury real estate project, in an African context that is lagging behind in infrastructure, because of the neglect of the under-exploited ecotourism potential for most of our countries.
OUR ECOSYSTEM
SIMBCOIN has a unique position in the African market, which allows it to offer hotel and real estate investment opportunities offering our owners all the advantages of a booming sector. We build iconic hotels, luxury furnished apartments in high demand areas and we sell rooms and suites to private persons. We then go into partnership with major hotel operators to optimize rental and occupancy rates, which in turn generates excellent returns for our investors.
SimbCoin Roadmap
Beginning of Private Sales 90,000,000 SMB
Available at $ 1 / Pc
Offering a 10% commission
for first time buyers.
Private sales
Offering a 5% commission
for first time buyers
Private sales
Offering a 2.5% commission
for first time buyers
End of Private Sales
Beginning of the public
saleTokens available for
public buyers.
Interest payment
Start of interest payments
For buyers on November
16th, As of February 23,
2020.
Real estate construction
Start of the construction
real estate with the partner
Selected on call for tender.
Interest payment
For buyers of February
23 to May 23, 2020
Evaluation of the construction
Evaluation of work for
the first semester
Payment of interest to buyers
Private from May 23 to August
23, 2020
Evaluation of the construction
Evaluation of work for
the first year
Real Estate Public Sale
Sale of apartments T3
Interest payment
Start of Daily payment
investors.
Evaluation of the work of construction
End of constructions
Evaluation of constructions
after 18 months of work
Equipment of the
apartments
Furniture installation
Effectiveness and Inauguration
Token Sale Dates
ICO
IEO
Token Allocation
Token distribution
10% - Partnerships
10% - Marketing
10% - Charity actions(Odette Liyeplimal Foundation)
20% - Team
50% - Development
Funds allocation
Development - 50%
Team - 20%
Partnerships - 10%
Marketing - 10%
Charity actions (Odette Liyeplimal Foundation) - 10%
Token Price and Payment Options
Project team
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