Topic: 🔥[ANN]SIMBA Storage-Stablecoin baked by Bitcoin Satoshi - page 6. (Read 2245 times)

🗣Recently there was a live broadcast on Instagram with CEO at SIMBA STORAGE Antony Katin. He answered questions from users and spoke about the company's plans.

Our team will share some points with you:
🔶Registration of Simba Storage in Switzerland shifts to November.
🔶We started testing our own storage hardware. We are planning diversification in 4 locations (Switzerland, Liechtenstein, the UAE, New Zealand). That is, having broken into 1 bunker, bitcoins cannot be stolen. You need to hack several bunkers at once located in different parts of the world. 🔒
🔶Customers will be able to buy SIMBA tokens directly from bank cards. Negotiations are underway to connect payment systems. You will be able to use your payment card of any country to pay for the purchase of Simba directly on the website. Simba will be transferred to the company's account. The scheme is as follows - your fiat goes to our partners (the company provider), the company transfers bitcoins to Simba Storage, the smart contract issues Simba tokens and transfer them to your Ethereum address. The fee is approximately 4-5%.

🔹Our strategy and Roadmap have been revised. Now, first of all, we are going to receive a license in FMA, but not in FINMA.  It will allow us to work both in Europe and all over the world. According to our plans, in a year or at the end of 2021, there will be an opportunity to get a license from the financial regulator FMA and to work legally.
🔹Negotiations are being held with licensed European funds with insurance, which will be able to increase the amount of SIMBA (bitcoins) for our clients.
🔹We are discussing with lawyers the creation of a trust fund for SIMBA clients with the possibility of storing bitcoins without having their own wallet addresses, so as not to fall under criminal liability in different countries all over the world.

SIMBA Storage - Member of the 🇨🇭Crypto Valley Association (Zug, Switzerland)!
📌Crypto Valley Association is an independent government-backed association to promote Crypto Valley as the world's leading ecosystem for crypto and blockchain technologies.

🚀Among the organizations included in the list are such industry giants as:
Ledger
Kraken
Cardano Foundation
Lykke Business and others.

The horizons of our development are expanding every day. Keeping pace with the best confident steps.

The development of SIMBA Storage ecosystem in the business center of the Arab Emirates is definitely one of the key objectives of our holding. We are glad to introduce you Dmitry Krasnogor. Being a partner and a director of SIMBA Storage in the UAE, he actively and successfully solves the most important issues.

For his major contribution to the development of the SIMBA ecosystem, Dmitry has received 500,000 SST today, which, like other team members' tokens, were locked for a 5-year period with phased unlocking.

🥳🦁Dear community, today SIMBA Storage is 1 year old!

On 10.04.2019, our first smart contract, the first version of the site and the test group were launched.
Already on the first day, the project started to monetize and over the course of 8 months improvement, we created a solid foundation that allowed us to confidently move forward.

Thanks to everyone who took an active part and took an interest in the development of the project from the very first day! We appreciate your support.
This is only the beginning of our long journey, there are many goals ahead, which we will rapidly implement and show the results to you, our dear community!

Thank you for being with us!🙏🏻
One of our very first articles about a project idea, published in 2019:
https://link.medium.com/7gs8o6utjab

🔥Attention❗️
Dear community, we are announcing an auction-contest in which we are giving away a new IPhone 11 PRO (256GB)!

Conditions for participation:
1) Send 50 SST (~ $ 5.5) to the address:
👇
0x5e1C011584D5499aE012757CaAFAb5919b0E578e

🔥That’s all!
The one whose transaction remains the last for 12 hours will receive the new IPhone 11 PRO!
The number of transactions from one participant is not limited!  The main condition is that your transaction remains the last for 12 hours from the moment it was received on the prize wallet.
‼️ The end of the competition and announcement of the winner - exactly 12 hours from the moment the last transaction was sent! (hours may be reduced, which will be notified in advance by members in this chat)

Buy SST on VINDAX (https://vindax.com/exchange-base.html?symbol=SST_USDT) 👈
Buy SST on UNISWAP (https://uniswap.info/pair/0xd4981ed8892cacc135192385de05b19684231e74)  👈

More information: https://t.me/simbastorage_en/5582 👈

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.

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



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 😊


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.

Dear community! SIMBA Storage team is glad to inform you about  registration of the company in the UAE! 🇦🇪

We started the registration process in August and planned to complete it in the same month, but, unfortunately, due to the pandemic, all institutions began to work in a completely different format including new norms and standards.

However it does not stop the working process and our development over the roadmap. The next step is the registration of the company in Zug, Switzerland🇨🇭 - in October, 2020.

SIMBA is looking for a financial analyst from Switzerland to develop a business plan for the company to be presented to various institutional investors and funds. Switzerland is quite popular for its financial knowledge

🚀SIMBA Storage announce a cooperation with KYC Crypto!

Now, if you lose your access keys to funds, you will be able to recover them.
Other storage options today cannot offer such a service. In case of having lost the private keys, people lose their money. Through carelessness, millions of bitcoins have been lost. It is a huge amount of funds that can no longer be returned.
Today, our users have the opportunity to go through KYC procedures to improve their security of storing digital gold.

We analyzed most of the providers qualitatively and chose ‘KYC Crypto’ because:
1) This provider is completely decentralized, all transmitted data is stored exclusively in the blockchain in encrypted form.
2) KYC Crypto has headquarters in Munich, Germany.
3) The speed of passing KYC is phenomenal and takes about 10 minutes, unlike other providers offering the same thing in  24-48 hours.

Hello!
All cold wallets seem to be virtually invulnerable to hackers, however, they have several significant drawbacks depending on the type of cold wallet:

1) When it comes to Desktop wallets:
A desktop wallet is installed on a computer which should be prepared for storing cryptocurrency assets only. This computer should not be used for any other purpose.

You need to install special software and do not use the computer for other purposes. It turns out that you are tied to a large piece of iron, from which it is impossible to quickly transfer your bitcoins. This is inconvenient, and not suitable for all beginners.

2) Speaking about Hardware wallets such as Ledger or Trezor (produced in the form of USB sticks) they ensure the safe storing of private keys.

 In case of theft or loss, access to accounts can be restored with a back-up phrase. BUT If you have lost both the backup phrase and the private key, then you can say goodbye to your bitcoins forever.

By storing your bitcoins in SIMBA Storage, you can get access and withdraw your bitcoins in full amount within 24 hours, even if you have lost all passwords and access to your wallet. Since each client can go through the KYC procedure when registering an account, in case of loss of the recovery phrase and private key, he can get access to his money. 😉

Besides, every user gains the the ability
- to transfer Bitcoins as an inheritance, in case of tragic accident or death ,
- to create a trust fund for your family,
- to pay in shops or online services in SIMBA tokens without having  real BTC in hand  (soon in 2021)

The company plans to accrue up to 10% of the profits from its activities to SST token holders starting from 12 months, which makes it even more attractive for investors’ passive income.


We convinced that the era of fiat-backed currencies is going away because fiat is losing credibility due to economic shocks and lower incomes of ordinary citizens. At the same time, cryptocurrencies are only gaining popularity.


Hello! Read more in our article: https://medium.com/@simbastorage/sst-token-price-increase-of-up-to-1500-e506dd864218

I think it affects the price of Bitcoin, because the source of value used is bitcoin itself. If the price of 1 satoshi = 1 cent then the price of 1 Simba is also 1 cent, if the price of 1 satoshi goes down then the price of simba will also go down as well.

Dear, lkuninbeefpa! Currently only website is available - http://simba.storage

Q1/2021:
Developing own hardware storage  


Hello, cetnielires! Thanks for you support!

All cold wallets seem to be virtually invulnerable to hackers, however, they have several significant drawbacks depending on the type of cold wallet:

1) When it comes to Desktop wallets:
A desktop wallet is installed on a computer which should be prepared for storing cryptocurrency assets only. This computer should not be used for any other purpose.

You need to install special software and do not use the computer for other purposes. It turns out that you are tied to a large piece of iron, from which it is impossible to quickly transfer your bitcoins. This is inconvenient, and not suitable for all beginners.

2) Speaking about Hardware wallets such as Ledger or Trezor (produced in the form of USB sticks) they ensure the safe storing of private keys.

 In case of theft or loss, access to accounts can be restored with a back-up phrase. BUT If you have lost both the backup phrase and the private key, then you can say goodbye to your bitcoins forever.

🦁
By storing your bitcoins in SIMBA Storage, you can get access and withdraw your bitcoins in full amount within 24 hours, even if you have lost all passwords and access to your wallet. Since each client can go through the KYC procedure when registering an account, in case of loss of the recovery phrase and private key, he can get access to his money. 😉

Besides, every user gains the the ability
- to transfer Bitcoins as an inheritance, in case of tragic accident or death ,
- to create a trust fund for your family,
- to pay in shops or online services in SIMBA tokens without having  real BTC in hand  (soon in 2021)



Dear mr. indo1! Thanks for you support!
🔥 bitcoin.com published the article about Simba! Read more   https://news.bitcoin.com/stablecoin-cold-storage-backed-by-satoshis-simba-is-a-new-way-of-holding-assets-in-switzerland/




🚀Dear community! Now you can buy SST and SIMBA Stablecoin tokens on the Uniswap decentralized exchange! (https://app.uniswap.org/#/swap)
😔 Many of you found it difficult to send tokens to the Vindax exchange, because the transfers took a long time, you worried about security.

✅Uniswap resolve this issue! You can immediately connect your Metamask wallet and the purchased tokens will come immediately to the wallet, a minimum of actions and maximum security!

Now SIMBA Stablecoin can be bought not only for Bitcoin, but also for USDT😉

SIMBA: https://uniswap.info/pair/0xef9ca8288bd49c900c2db88ec34cfbbe37bcf239

SST (SIMBA Storage Token): https://uniswap.info/pair/0xd4981ed8892cacc135192385de05b19684231e74

But their potential is not too prominent in front of the community, they should hold a big event to promote the SIMBA project so that many new communities or investors glance at the SIMBA project and see the potential of this project, of course support and positive reviews will be given by the community when they feel the potential of the SIMBA project

Dear mr. Kloyn_58!
An article about Simba will be released on Bitcoin.com tomorrow! 


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

Greetings, substeremig!
 A huge list of...

📌📌
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


Hello!
1. Simba.Storage has a one-time fee of 50,000 SIMBA / 0.0005 BTC (~ $ 5) for opening and closing a deposit in the strage.
2. Simba.Storage charges a fee of 50,000 SIMBA / 0.0005 BTC (~ $ 5) for each transfer between customers.
3. Simba.Storage has an annual custody fee of 0.4–0.8% of the amount of your contribution to the warehouse.

Simba introducing smart contract version 2.0. ‌The‌ ‌second‌ ‌version‌ ‌of‌ ‌the‌ ‌contract‌ has‌ ‌a‌ ‌number‌ ‌of‌ ‌new‌ ‌functions.

For example:

- The‌ ‌ability‌ ‌to‌ ‌withdraw‌ ‌any‌ ‌ERC-20‌ ‌standard‌ ‌tokens‌ ‌using‌ ‌the‌ ‌“withdrawERC20”‌ ‌function‌ ‌in‌ ‌case‌ ‌of‌ ‌an‌ ‌wrong‌ ‌money‌ ‌transfer
- The‌ ‌functions‌ ‌“pause”‌ ‌and‌ ‌“unpause”‌ ‌allow‌ ‌you‌ ‌to‌ ‌pause‌ ‌all‌ ‌transfers‌ ‌and‌ ‌cancel‌ ‌the‌ ‌pause,‌ ‌respectively;

Dear Mr., thuhoabitcoin!
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 authorizat :-\ion information and passwords.
Dear Mr., nguyenbachngan!
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. 
Dear Mr., Nellaouvers!
Behind the snow-capped peaks and Swiss ski-resorts there is a perfect area which is ideal for implementation of the most incredible ideas and projects. Such ideas might stop living straight away in other countries.
This innovative spirit of research makes Switzerland the most fertile ground for the crypto economy.That is why headquarters SIMBA Storage is going to be located there. We definitely could not carry out our plans anywhere but in Switzerland.
We will publish an article about this very soon!

Very soon!

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! 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.

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!




Check the roadmap. Team is working hard. 💪
Yes, of course.

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.


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


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.