What is Bee Network?
By rewarding people for their contributions, the blockchain invention Bee Network aims to introduce gamification to the real world. Bee Network is aggressively developing their mobile app as their major offering. On social media, the project community has reached the 200k mark and is talking about the network’s 18 million-member milestone.
Bee Network argues that a supercomputer is not necessary to operate a network; instead, they just pay users for using their programme on any mobile device. To begin mining or get rewards, each user must access the application once every 24 hours. This approach will prevent bot engagement and verify that actual people are mining cryptocurrency.
In the network, users have been assigned various roles, including Pioneer, Ambassador, and Verifier. Every new member who joins will initially be given the Pioneer role and receive an instant base rate of earning bee tokens. If a user refers friends, the basic rate is reduced, but the user still receives a token based on the amount of referrals. The ambassador will play a significant part in the project’s development, interacting with the staff and the founders. After phase 2 begins, the role of the verifier enters the picture. During this step, they must use the KYU method to confirm the miner’s identity.
Bee Network Price Prediction
As of this writing, there is no official word on how many tokens will be dispersed throughout the community or how much supply will be accessible from the start. Therefore, we can currently anticipate the price of Bee Token. However, as the community and interest in play-to-earn games expand, Bee Token value may reach $0.001 USD.
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Bee Network Token Price Analysis
Since the project recently implemented user KYC verification, it is difficult to predict the listing price of the Bee Network. Due to the larger user base, Bee Network KYC opening is round, and users must produce their passports as instructed by officials. Bee Network needs to wait till the market is in a bull run because most projects are now struggling to keep their prices above the public sale. Similar to this, the majority of people will attempt to profit as soon as BEE tokens are listed on exchanges and the number of holders also drastically decreases. The team may choose to lock or vest its tokens, with some being released at TGE and others becoming vested on a monthly basis.
The number of tokens awarded to users for simple mobile app installation has made PI Network and Bee Network the most talked-about projects in recent years. As the number of new users increases due to the referral programme, Bee Network has received a tremendous rating in the Android and Apple stores. Although the Bee Network team has been working hard to improve the product and the community, liquidity will now play a crucial role in any listing on an exchange. Even if they previously have a plan for token omics, more clarity is still needed. We still advise doing your homework and avoiding scams.