SST token price increase of up to 1500%

SIMBA STORAGE
4 min readSep 5, 2020

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SST (SIMBA Storage Token) is a token designed to reward, develop and popularize the SIMBA project. This ambitious project is being launched in four crypto-oriented countries: Switzerland, Liechtenstein, UAE and New Zealand.
Accordingly, as the project develops, the token will rise in price in the same way.

Why? Let’s consider:

1) Simba did not conduct ICO (when projects conduct ICO they independently sell their tokens to ‘early investors’ at a reduced price. Thus, when they enter the exchange they sell them at a higher price to everyone. That is why, during listing, we often watch a similar picture on the chart: the token is listed on the exchange, ICO participants (‘early investors’) immediately come and sell their ‘coins’, thereby dramatically ‘bringing down’ the price, where it has been for a long time.

As for the SST, they were not sold to anyone in advance, but distributed tokens for partners are frozen, which makes them unavailable for sale.The team’s tokens are also frozen for 5 years.Therefore, there is no one to sell tokens. There is also no one to break the price. Those investors who want to buy SST go to the exchange. Its price will only grow, very smoothly and organically.

2) Mathematical calculations.

According to the preliminary analysis and preparation of input data for the Swiss financial analyst, who will prepare a Business plan for funds and financial regulators of different countries, SIMBA has the following forecasts: 1. The competitor has 4,513 addresses using the ERC-20 token and 328,444 transactions over 2 years of existence. The average number of transactions per address = 72.
2. The number of new BTC wallets with 0.01 BTC can grow to 361,374,423 from 2020 to 2030.
3. The number of new BTC wallets with 0 BTC can grow to 1,359,621,565 from 2020 to 2030.

a) If 1% of new addresses (0.01+ 0 BTC) are provided with storage, the profit from opening accounts + transfers will amount to 177,785,740 CHF.

b) If 10% of new addresses (0.01+ 0 BTC) are provided with storage, the profit from opening accounts + transfers will amount to 1,583,562,144 CHF.

с) If 1% of all new addresses (0.01 + 0 BTC) are provided with storage, the profit from opening accounts + transfers will amount to 259,363,030 CHF.

d) If 10% of all new addresses (0.01 + 0 BTC) are provided with storage, the profit from opening accounts + transfers will amount to 7,398,702,648 CHF. (Data on possible returns from closing deposits, lending, and other additional strategically important services of the company have not yet been summarized).

4. In the future, the company plans to accrue an airdrop of up to 10% of annual income to all [SST] token holders for more than 12 months at one address. For example, when buying a token for 1.5 USDT and holding it for a year on one wallet, the Investor will receive from 0.17–7.39 USDT per year for one token [SST], which ranges from 100% — 7390% per annum of the current price. This confirms the fact that it will be profitable to buy at the price of 1.5–5 USDT per token. The normal indicator will be an accrual of 2–10% of the price per token [SST] at which the investor purchased the tokens.

Let’s say an investor bought 1 SST for 3 USDT, then the accrual of 0.25 usdt per year for one token will be equal to 8% per annum in USDT. At the same time, the main driver will be the growth of the token’s capitalization, profit from buying and holding. Thus, buying a token at a price below 1 USDT is simply extremely attractive and rational, even for 1–3 USDT per 1 SST.

3) How does SIMBA plan to attract potential investors to increase the SST price?

1. The SIMBA Storage project will be one year old soon. In October, 2019, the first tests began, SIMBA has been improving for six months, making its services available to a wide range of users around the world. A generous referral programme of 8,000,000 SST ($ 800,000) was developed for our partners. This programme will attract more and more interest in the product and its distribution. Everyone who will receive a reward under the referral programme is potentially interested in the growth of SST to receive value tens and hundreds of times. Even if one wants to sell tokens straight away to make a profit in dollars, it is unlikely that s/he will sell all of them (after all, this token will grow several times and it is better to keep a part of it).

2.Collaboration with popular YouTube bloggers (both Russian-speaking and foreign). Publications in popular mass media such as RBC Crypto, Forbes, ‘bitcoin.com’. Cooperation with a marketing agency — all this allows you to actively disseminate information about the project, using various information channels, thereby attracting new investors to the project. Community is very important for SIMBA.

3. SIMBA constantly conducts various competitions with generous rewards to stay active and create interest in studying the project. Quizzes, creative contests, bitcoin price bets. Every week you can win at least $150 in the SIMBA telegram community.

4. Our partners are planning to open offline offices in large cities of Russia, where the company’s products will be presented.

5. 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 at a higher level and attract significant amounts.

6. 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.

Website: https://simba.storage/
Telegram:
https://t.me/simbastorage_ru

Buy SST:
VinDAX
Uniswap

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SIMBA STORAGE
SIMBA STORAGE

Written by SIMBA STORAGE

Simba.Storage offers innovative services on safe and highly secure storage of your funds combining advantages of both cold and hot wallets.

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