Bee Network Announces New Features, Here Is Where You Can Find The Details (2024)

Decentralized Autonomous Organization (DAO) Bee Network recently deployed two features. The first is a decentralized application (dApp) browser, and the second enables users to connect their Bee Wallet with external platforms, such as OpenSea.

Created as a unique blockchain, the Bee Network allows its users to earn rewards with its native token, Bee. Users can leverage the GamiFi experience to receive Bee with their mobile devices and become part of a community that has reached millions of users.

The Bee Network was designed to function like a hive, where each individual has a specific job and is able to operate within a close network without the oversight of a central authority. The project relies on its community members and contributors to advance and thrive.

As mentioned, the Bee Wallet can be connected, using WalletConnect, on marketplaces. In order for users to connect their wallets, they can select WalletConnect as their wallet provided when accessing the platform, as seen below.

Bee Network Announces New Features, Here Is Where You Can Find The Details (1)

Later, users can select the QR scanner function on their Bee Wallet to scan the code provided by WalletConnect. As the image below shows, this will allow the user to connect and then approve the connection to OpenSea or any other marketplace.

Bee Network Announces New Features, Here Is Where You Can Find The Details (2)

In addition, users will be able to interact with other dApps and Web3 experiences, like NFT games. As part of their dApp browser feature, this will remove friction from the process of finding and connecting to decentralized applications.

As seen below, when the user accesses their Bee Network App they can search and choose the NFT project. At the bottom of the screen, users will find the Square option where they will be able to access their favorite projects.

Bee Network Announces New Features, Here Is Where You Can Find The Details (3)

The process was created to be direct and simple, therefore, after selecting an NFT project, users only need to join the project and connect their Bee Network wallet. This feature will also provide additional information on the NFT game, its native blockchain, features, compatible operating systems, languages, and more.

Bee Network, Building An Open Internet With A Community At Its Core

In the future, Bee Network and its hive of contributors will work to make it the hub for the next phase of the internet, often referred to as Web3, and to grow its ecosystem. The project will introduce mobile games supported by the innovative GameFi Model, social media networks, marketplaces, and other services by levering the potential of blockchain technology.

Currently, and according to its Whitepaper, the Bee Network has over 1 million users, and moves at a fast pace surpassing its 10 million user milestone. There are over 18 million bees on the platform.

Unlike alternative blockchains, Bee Network has implemented a Know Your Customer (KYC) program that guarantees the safety of its users and prevents any bad actors from performing illicit activities.

Once the 10 million user milestone is reached, the project is moving to its final stage where it expects to onboard 100 million users with a native exchange marketplace and foster an open internet network on top of its community.

Disclaimer: The article is provided for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Bee Network Announces New Features, Here Is Where You Can Find The Details (2024)

FAQs

What is the purpose of the Bee Network? ›

The Bee Network is a blockchain-based cryptocurrency project that aims to create a decentralized network for users to earn rewards through a mobile app. Users participate by confirming transactions and inviting others to join, earning Bee tokens in return.

Will Bee Network be worth anything? ›

Is bee worth anything? Like the Pi Network, Bee is currently not worth anything. According to the roadmap, the developers aim to have the Bee Network fully launched and possess market value by 2024.

How much can you earn from Bee Network? ›

Roles. We all make Bee an interesting and meaningful game. Every player will earn the base rate at 1.6 bee / hour by logging in the app every 24 hours and clicking the mining button.

Is Bee Network legit? ›

However, there is no evidence to suggest that BEE crypto is a scam. The Bee Network app has been downloaded by over 20 million users, and there have been no reports of users losing money. Additionally, the Bee Network project has been audited by a third-party security firm, and no security vulnerabilities were found.

How much is 100 bee coins worth? ›

Latest BEE to USD price calculator
BNBEEUS Dollar
100 BEE0.03 USD
250 BEE0.07 USD
500 BEE0.13 USD
1000 BEE0.27 USD
10 more rows

How much is a bee coin worth? ›

Convert Globees (BEE) to USD
BEEUSD
0.01 BEE0.00034012 USD
0.1 BEE0.00340115 USD
1 BEE0.03401154 USD
2 BEE0.068023 USD
6 more rows

How much is 1000 Bee Network coin worth? ›

The current 1000 BEE to INR exchange rate is 248.84 INR and has decreased by -0.29% over the past 30 days. The BEE to INR price chart indicates the historical change of 1000 BEE in INR over the past 30 days.

How to cash out bee coin? ›

Here are five ways you can cash out your crypto or Bitcoin.
  1. Use an exchange to sell crypto.
  2. Use your broker to sell crypto.
  3. Go with a peer-to-peer trade.
  4. Cash out at a Bitcoin ATM.
  5. Trade one crypto for another and then cash out.
  6. Bottom line.
Feb 9, 2024

Can I sell my bee coin? ›

Currently, the most active and dominating exchanges for buying and selling Bee Token are Binance, Kraken & Kucoin. The most popular Bee Token trading pairs are Head to the Crypto Deal Directory to access custom & exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.

How many people use the Bee Network? ›

Bee Network is the world's largest web3 interactive platform with 26 million users. Bee.com is the World's Largest Web3 Portal. Our vision for Bee Network is to create a thriving community by collaborating on the spontaneous contributions of each individual, much like the intricate workings of a beehive.

Can you withdraw money from the Bee Network? ›

The team will manually review your request, so it may take 3-5 working days to approve. Once approved, you can find your withdrawal in your Bee Premier wallet under Polygon chain and USDT balance. Due to Offerwall's 90-day account period, you will need to wait additional days before requesting a withdraw.

How do you make money from bee? ›

1. Sell Bee Products
  1. Honey. There's no denying that selling honey is one of the biggest ways you can make money as a beekeeper. ...
  2. Beeswax. Beeswax is another popular bee product to sell. ...
  3. Pollen. Many people may not realize it, but you can also sell pollen. ...
  4. Propolis.
Aug 15, 2023

How old is Bee Network? ›

Bee Network is a blockchain-based Web3 platform launched in 2020 that provides a gamified experience for users to earn BEE tokens. The project runs as a decentralized autonomous organization (DAO) with an anonymous development team and aims to incubate projects to build out a network ecosystem.

Is Bee a good investment? ›

It is easily bought and sold, since it's traded on the National Stock Exchange. It is thus to protect long-term investors from the effects of trade activity and additional costs for short-term investors. Thus, NSE Nifty BeES can be regarded as a good investment.

How much does Bee Network cost? ›

Tickets for single journeys

Cost no more than £1 for children and £2 for adults. You can pay for your journey using cash or card by asking the driver for a single ticket to your destination.

What does the honey bee network do? ›

The Honey Bee Network democratizes the ability to contribute to a larger pool of practical knowledge, increasing the world's stock of knowledge while maintaining high ethical standards that respect the dignity and value of its contributors.

What is the purpose of the working bee? ›

Worker bees are female but are not capable of reproducing. They do all the work in the hive, and they control most of what goes on inside. Their jobs include housekeeping, feeding the queen, drones and larvae, collecting the pollen and nectar, and making the wax.

What is the purpose of a bee antenna? ›

The antennae on the head of the honeybee form a sensory powerhouse, providing a function for a bee's sense of touch, smell, taste and even a unique form of hearing. Curiously, males have 13 segments making up each antenna, while females have 12. In both cases, there is an elbow-like “joint” along the antenna.

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