What is Bee Network and Bee?
Bee Network is a new blockchain innovation that provides gamified experience for users to earn Bee, a cryptocurrency that you can mine on your mobile phone. By playing the roles of Miner, Referrer and Verifier, Bee Network players will earn rewards in Bees. In order to make Bee valuable, Bee Network is specially designed as a network consisting of genuine people which fosters players to exchange goods, service and expertise in real life with their Bee balance and eventually list Bee on major cryptocurrency exchanges for trading Bee with fiat money.
What‘s in it for me to join Bee Network and earn Bee?
Firstly, Bee Network is a well designed online game which offers you pleasant gaming experience. In addition to having fun, as time goes by your accumulated Bee balance could be exchanged for other player’s expertise, services, goods and fiat money in real life when Bee Network ‘s development matures. As the value growth of Bee, like the value growth of Bitcoin, will be backed by the population of Bee Network, transaction volume of expertises, services or goods exchange, liquidity in exchange market, time and other factors, a high balance of Bee could be rewarding to our players in real life.
What is the growth potential in Bee’s value?
Bee’s value will be backed by the population of Bee Network, transaction volume of expertises, services or goods exchange between Bee Network’s, liquidity in exchange market and time. Just like Bitcoin, its value was $0 back to its launch in 2008, but when its popularity grows and as time goes by, 1 Bitcoin is now trading at US$ 9,500 as of the time of writing. As it takes time and a collaborated effort to build the value of Bee and the ecosystem of Bee Network, if you are looking to win a lottery overnight, please look elsewhere.
Does Bee Network drain my battery or data? Do I need to keep the app open all time?
No to both, as Bee Network is different from Bitcoin. You will only consume insignificant battery and data when you open the Bee Network app and activate your data mining session which the entire session can be done within 10 seconds. You do not need to have the app open once you have clicked to activate a new mining session. Bee Network app will not run in background and consume any of your phone battery and data after you have closed the app. This is due to the difference between the consensus algorithm between Bee Network and Bitcoin. For technical details, please refer here in our white paper.
When will I be able to trade Bee for other player’s goods and services? When will I be able to trade Bee on exchange markets for fiat money?
Bee was launched on 8 August 2020. We are now at Stage 1 where we are building a trusted and verified network of players. When we enter Stage 2, we will introduce the Bee Network Exchange which players are able to offer your expertise, services or goods in real life in exchange of another player’s Bee. We shall enter Stage 2 when we have reached the one-million-user milestone which is forecasted to be done within 18 months, depending on how active our players are participating in the game. The listing of Bee on major exchange markets remarks our development entering Stage 3 where players can trade your Bee balance for fiat money. We forecast to enter stage 3 after 12 more months of development from stage 2. You may refer to details of our forecasted roadmap in our white paper.
Here is my referral link for BEE Network. Get 1 free BEE when you join BEE: freitastutorial. Download at
https://bee.games/download.html
