Simbacoin Swap is the native cryptocurrency of the SimbCity-SimbCoin Swap project. The Simbcoin Swap project aims to offer trading in the crypto sphere while generating rewards from real estate. According to the whitepaper, the SimbCity-SimbCoin Swap project claims to solve an economic problem by bringing life to two sectors, mainly real estate and finance. The project aims to improve the business climate and well-being of the population by advancing technologies.

The SimbCoin Swap project offers an approach to trading in the crypto market that helps to generate rewards from tangible markets such as real estate.

SimbCity is an affordable luxury real estate project that seeks to increase ecotourism potential. For such an estate, the project has chosen Kribi. The infrastructure plan provides for a furnished beach, aquatic park, playground, SimbMall for shopping, concerts by the seaside, jets, an airbus, and a luxury car for travelling. The SimbCoin Swap is for real estate tokenization. Further, the project is managed by global trading experts who aim to get low electricity rates via solar panels, thus encouraging green energy.

The SimbCoin Swap is an ERC-20 token standard-based crypto that works on the Ethereum blockchain. The whole process of sending and receiving of tokens is based on smart contracts. By getting a token, holders gain an incentive for the long term as they get a share of the issuing company. Thus, the SimbCoin Swap aims to provide a chance to participate in the activities and business of the company.

The real estate construction of the luxury project got started on March 1, 2021. The inauguration of the project is intended to be July 1, 2023. SIMB Emile Parfait is the CEO and founder of the project.

The token’s total supply is 150,000,000 from which around 90,000,000 was distributed among initial coin offerings.