Bee Network review (Is bee network legit?)

Bee Network review (Is bee network legit?)

Bee Network review (Is bee network legit?)

Read all about the Bee Network in this bee network review.

There almost seems to be a new cryptocurrency idea that gains popularity every day. These ideas around cryptocurrency/digital currency are designed to solve a problem in one way or the other.

Some of these cryptocurrency schemes are scams, designed to rip people of their money in one way or the other.

Bee network is a newly launched/developed cryptocurrency that is mobile based and which you can easily mine from your mobile phone for free.

The Bee network is very similar to the Pi network, which is also a mobile based cryptocurrency that can be mined from the phone. Bee network is slight different, in that it provides a gamified experience for users looking to earn bee.

Over the last few months, the bee network has gained a lot of popularity, and has been able to get over 1 million users on the app.

In this bee network review, I am going to be writing about all you will need to know about the bee network, under the following sub-topics “Is bee network legit?”, “How does bee network work?”, “Is bee network safe?”, “Is bee network scam?”, “Bee network price/value” and more.

Remember to leave us a comment after you finish reading and also share with your friends on social media.

Let’s get into it then…

Read my Pi network review

What is Bee network?

Bee network is a newly launched/developed cryptocurrency that is mobile based and which you can easily mine from your mobile phone for free.

The Bee network is very similar to the Pi network, which is also a mobile based cryptocurrency that can be mined from the phone. Bee network is slight different, in that it provides a gamified experience for users looking to earn bee.

According to its website bee.games “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.

Bee network is specially designed as a network consisting of genuine people which fosters players to exchange goods, services and expertise in real life with their bee balance and eventually list bee on major crypto exchanges for trading bees with fiat money.”

How does bee network work?

From the surface, all you have to do is download the app from Google playstore, if you are an android user, or apple store, if you are an iPhone user, then register with your KYC name and invitation code.

You can then start mining bees straight from your phone. There is no battery drainage, you don’t even have to always be on the app to mine, and it is completely free.

There are three main roles in the bee network:

  1. Miner
  2. Referrer
  3. Verifier

Miner

A miner can earn the base rate of 1.6 bee per hour by logging into the application every 24 hours and clicking the mining button.

Unlike other cryptocurrencies, you do not need a vast amount of energy to mine bees on your smartphone, as you will automatically earn hourly mining rate, after clicking the mining button.

Each mining session will automatically end after 24 hours and all you have to do is open the app, and click on the mining button again to keep earning bees.

Referrer

A referrer is someone who helps build a bustling gaming community with trusted members. The value of bees increase as the community grows larger and more members conduct transactions of goods and services with their bees.

A referrer can refer new members to join your earning team, for each active member in your team, you will earn extra 25% base rate as your referral bonus.

Verifier

Bee network objective is to build a gaming community with trusted members which every member can complete safe transactions of goods and services by exchange of bee.

Hence verifiers are needed to verify the identity of members, bring them into your verified network. By doing so, you confirm you know the person whom you have verified in person and you trust they are ethical and not fraudulent.

How to register on the bee network (bee network registration)

To register on the bee network, you will need to do the following:

  1. Visit the website https://bee.games
  2. Download the app (Google playstore for android, and app store for iOS)
  3. Register with your KYC name and invitation code.
  4. Login to your account.
  5. Start mining and referring.

Bee network value/price

The bee network currently has no value, since it is still in its 1st phase, and has not yet been listed for trade on any major exchange.

There are three phases in the bee network, in its 3rd phase it must have been listed on major exchanges, so it can be traded, therefore giving it value.

According to the white paper, there will be a limited amount of bees, this will probably give it value in the future, and those early adopters, will stand the most to gain.

Read my Actify.ng review

Is bee network legit?

Bee network is legit and although the bee coins has no value, it doesn’t mean it is scam. The project is long term, and if you believe in it, you can invest your time (it is completely free to join the bee network, no payment is required).

According to the bee network website, “To ensure bee network is not scam and will not be exploited by frauds, bee network does not accept payment of any kind directly from players. Exchange of bee for fiat money is also prohibited until the bee network’s development has entered phase three.”

Frequently asked questions (FAQs)

Who is the founder of the bee network?

The owner of the bee network is not yet known.

Is bee network safe?

Bee network is legit and although the bee coins has no value, it doesn’t mean it is scam. The project is long term, and if you believe in it, you can invest your time (it is completely free to join the bee network, no payment is required).

What is the price of bee coins?

The bee network currently has no value, since it is still in its 1st phase, and has not yet been listed for trade on any major exchange.

Read my Tronchain review

Conclusion

Thank you for reading my Bee network review. If you have any question or comment, you can leave it below in the comment section below.

Remember to share with your friends on social media and also subscribe to this blog for cryptocurrency updates.

Thank you once again.

Follow us on social media

Leave a Reply

Your email address will not be published. Required fields are marked *