CryptoGround.com is an independent publishing house that provides Cryptocurrency & Blockchain Technology News. It is a News Media Platform which serves its audience with accurate News and Analytical Articles. I think Bee Token is a fantastic project that really stands out among ICOs. As long as market sentiment is strong, Bee Token should do well out of the gate. However, investors should be aware that it will still be very difficult for Bee Token to break into this very competitive market. There is a decent vesting schedule for the team and they will only be holding 15% of all tokens.
Unlike many ICOs, Bee Token has a good section of its whitepaper dedicated to business strategy. In order to attract customers, they plan to focus on the crypto community as well as creating a referral program. They also note that the short term rental market is likely to grow in the future, thus leaving enough space for new entrants open banking api integration in to the market. The team will only hold 15% of tokens, which will be vested gradually over 24 months. I am unclear about what the ‘company reserve’ is , but presumably these could be sold at a later date in case more money needed to be raised. Bee Token would earn revenue from fees from users who do not pay with Bee Tokens.
BEE to USD (1 Bee Token to US Dollar) Exchange Calculator
Ensuring that the team is incentivised to complete their project and not run away with money is critical for a project that holds an ICO. In the case of Bee Token, tokens allocated to the team will be locked up as long as what is staramba 24 months after the ICO. During that 24 month period, token will gradually be unlocked. There is currently whitelisting going on at the Bee Token website, with a higher allocation for users who can prove they use AirBnB.
- During that 24 month period, token will gradually be unlocked.
- The team has a lot of experience veterans from Silicon Valley as well as strong advisors.
- Bee Token has a strong, well-thought out strategy that is more than what most ICOs provide in their whitepapers.
- Our young and dynamic team is comprised of well-known journalists as well as Cryptocurrency & Blockchain Experts.
- The team will only hold 15% of tokens, which will be vested gradually over 24 months.
Join our mailing list to get regular Blockchain and Cryptocurrency updates. There are a huge number of people in the telegram channel and the how to survive bear market pre-sale has already sold out. There is pretty fierce competition in this space, but there is still room for entry given the industry growth.
Historical Exchange Rate Graph for BEE TOKEN to USD
This is a good incentive for the team to ensure that they keep token prices up. Bee Token has a strong, well-thought out strategy that is more than what most ICOs provide in their whitepapers. The BeeNest alpha is scheduled to go live by the end of Q2 and the platform will be launched formally by the end of the year.
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The team has a lot of experience veterans from Silicon Valley as well as strong advisors. While using a token as payment is nothing special, the staking utility for arbiters is interesting and is a good use case for how tokens can be used to create incentives. While Bee Token is clearly modelled on AirBnB, its overall premise is more attractive to users than AirBnB. Lower fees and increased security and trust give Bee Token a winning concept. The team is very impressive and is staffed by people with experience at various start-ups as well as tech companies such as Facebook.
BGC to USD Calculator – How much US Dollar (USD) is 1 Bee Token (BGC)?
There would be a 1% commission for users of other cryptocurrencies and a 3% commission for those who pay with fiat currency. The Bee Token acts as a payment method for users of the platform. In addition, arbiters who help resolve disputes will stake their tokens in order to participate. Our young and dynamic team is comprised of well-known journalists as well as Cryptocurrency & Blockchain Experts.