Bee Network: Bee Coin Value | Bee Network Withdraw | Bee Coin NFTs (FULL TUTORIAL)
ItzDenz
Bee Network Withdrawing Bee Coin For Money The Value Of Bee Coin With Bee Network & Bee Network Mining Rate. Here's A Full Tutorial Of Bee Network...
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At the beginning I always had questions about how to use the Bee Network App. If Bee Network has Value, If Bee Coin has value. If I can make money with Bee Network just by mining this crypto on my phone everyday. Will the Bee Network ecosystem be listed on a crypto exchange and such? I always had questions like that especially around NFTs with Bee Coin and Bee Network. With this being said no one went into detail about everything around Bee Network and in this I wanted to break Bee Network down for you... #beenetwork #beecoin #cryptomining
Bee Network Explained: Bee Network is a Decentralized Autonomous Organization (DAO) organization whose essential operations are automated agreeing to rules and principles assigned in code without human involvement.
Bee Network is a new blockchain innovation that provides gamified experience for users to earn Bee, a product that you can earn on your mobile phone. By playing the roles of Pioneer, Ambassador 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.
The Bee Network economic model is built upon the following principle, i) new supply of Bee becomes 0 when the total user base has grown to 1 billion worldwide ii) earlier joiner should be rewarded better than late joiners iii) users with more contribution to the community should be rewarded better iv) contribution made by Bee Network ‘s core development team should be recognized and rewarded v) total supply of Bee is dependent on number of users.
The total supply of Bee = M + R + V + C when Bee Network ceases Bee supply when it hits the 1-billion-user mark. M, R and V refers to the total Bee earned by all Pioneers, ambassadors and verifiers before supply ceases. C refers to Bee rewarded to Bee Network’s core development team, which is 25% of (M + R + V). Hence, the actual amount of total supply of Bee is dependent on the total users activity before Bee Network hits the 1-billion-user mark.
As cryptocurrencies and blockchain are still relatively new technologies with vast potential yet unknown to the mass public, we at Bee Network hope our application serves as a useful tool to educate everyone on cryptocurrencies. Bee Network is free to download and play, so while learning about cryptocurrencies, players also have the opportunity to be rewarded in a growing asset without investing from their own pockets.
How does Bee Network work?
There are three main roles in Bee Network - Pioneer, Ambassador, and Verifier. Once you have pressed the thunder button to kick start your 24-hour earing session, you will earn Bee with the formula of (base rate) + (base rate) x 25% x (number of active Pioneers in your earning team) in the next 24 hours until your earing session ends. Base rate as pioneer starts at 1.6 Bee per hour, and will be down 50% to 0.8 Bee per hour when total user base has grown to 100,000 user worldwide.
0:00 Intro 0:46 Bee Network Website 2:10 Bee Network Google PlayStore & App Store Download 2:16 Bee Network Mining Explained 4:00 Bee Network News Bee Coin News 4:33 Bee Network Whitepaper Overview 5:45 Bee Network FAQ 6:32 Bee Network Roles 7:13 Bee Network App Tutorial Mining & Bee Coin Value & Wallets 9:05 Bee Network Outro
My name is Denzel Beauchamp. I am known for posting videos to YouTube and personally showing people how they can make money online & improve lives financially.
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