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News Important November 2022 Update:

Dear Simply Holders:

Given the high volatility of the market and expectation that the bear market will continue until the economic constraints due to the global recession will last until the end of 2023, our project will make a 180-degree turn with the goal of being able to continue through 2023.

First, Simply's team will be reduced to only 2 participants from the starting crew, leaving as founding members Tomas Recart, CEO of Simply and Vader, lead blockchain developer. The departure of the other 2 team members is due to the fact that the roadmap will shift completely towards the development of NFT and blockchain applications.

Economically, the low price of BNB and the difficulty of the market has forced us to not be able to do full time the Simply project, forcing us to look for parallel jobs that have taken almost 100% of our time, for this reason, in order to have activity again, we will make an important modification in relation to liquidity / tokens available with which we can return to sustain ourselves and continue the development of our project.

The change in liquidity will be as follows:

  1. 1.- Simply's liquidity will be reduced by 70%, which means that it will be left with approximately 60-70 bnb of base liquidity.
  2. 2.- To maintain stability, a 15 million Simply token will be burned, thus burning 30% of the available supply, leaving a new available supply of approximately 35 million tokens.
  3. 3.- This Liquidity change and new token burning will take place on November 19, 2022.
  4. 4.- In order to strengthen liquidity in the next 6 months and increase the price, we will use part of the profits obtained in the 2 NFT projects that will be announced within the month of November and that will be part of our Roadmap for the first half of 2023 Our new Roadmap will be announced within the next few days.

2023 Roadmap and Project:

Like Simply, we shall be specifically dedicated to the development of our Simply Lab, in which we will develop NFT for private companies and third party projects, which will allow us to work with large alliances especially in the metaverse. Our SimplyToken platform will be reactivated and upgraded by one of our new team members, who will be in charge of uploading and upgrading the SimplyToken platform. 2 new team members will join us on November to work with us on the NFT development, they are already on the Simply Lab website, but will also participate on the Simply Token platform.

Currently, we have 2 important clients with whom we have made commercial alliances to develop NFT collections. Both companies are Metavers projects.

Our first client is La Colonia, the first Latin American business metaverse, currently in beta stage and has held events with 12,000 participants. It has clients such as Microsoft, 3M, Roche and others. Our job will be to create a collection of NFT and then create Simply as a company within the colony where we can offer our blockchain development services to the users of this metaverse.

Our second client is PlayIQ, an augmented reality and educational metaverse development company for children, which has been working in education for the last 4 years. In this commercial deal, we will be working on creating a collection of NFT for PlayIQ, a token after the sale of the NFT and also a possible staking platform.

Both projects will provide us with important benefits, which in the first instance will allow us to continue operating and return to work full time in Simply. In addition, we will be able to inject liquidity to the project and thus be able to increase the value of our token before the bull market begins, which is expected for the end of 2023, once the United States and Europe lower the interest rates of their economies, making their financial markets take off again.

The year 2023 will be a year in which we expect to re-consolidate and stabilize our token and our team and company, preparing for the bull market at the end of the year.

In addition, during the first half of 2023, we will be looking for corporate investors who want to be part of our Simply Lab and want to acquire Simply Tokens, thus re-strengthening the liquidity of the project and raising the price of our token.

Although we have been withdrawn in the market, we already have a new target and a new working team, within the month of November 2022, we will update the team on the website and also the new Roadmap.

One of our new team members will be in charge of the social networks from November5, so we can have constant activity and updates on the project.

If you decide to continue supporting us in this new stage, welcome, and if not, we recommend you to sell your tokens before November 19, when the liquidity modification and token burning will take place.

The new Roadmap will be published within the next few days on our website and in our Telegram group.

We hope you have a great end of the year,

The SimplyToken/SmiplyLab team.