Token

MultiversX

<p>In the changing landscape of crypto, few projects manage to combine real utility with a solid economic model. However, this is precisely the challenge that $BEE, a deflationary token at the heart of the Globees ecosystem, faces. In fact, this token intelligently links its economy to the real activity of the platform, thus ensuring its sustainability.</p>
<h2 id="h-bee-crypto-a-deflationary-economy-a-perpetual-buying-pressure">$BEE crypto: A deflationary economy, a perpetual buying pressure!</h2>
<p>The maximum issuance of the $BEE token is capped at 625 million units. However, far from being fixed, <a href="https://www.cointribune.com/en/crypto-easily-increase-your-returns-with-globees-and-multiversxs-bee-token/" target="_blank" rel="noopener noreferrer nofollow">this supply constantly decreases</a>. Indeed, each crypto transaction on Globees results in a token burn: real estate purchases, NFT minting, or booking nights. Over time, tokens are literally consumed, reducing the total quantity in circulation and exerting perpetual buying pressure on $BEE. For instance, as soon as a property is acquired, 1 million tokens are bought back and destroyed. Similarly, 15% of the value of each minted Globees NFT is burned at the moment of its creation.</p>
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<p>The night booking process on the platform also participates in the regular burning of tokens. Thus, 15% of the tokens issued for a regular booking are burned. This percentage rises to 15% of the total amount for bookings paid directly in $BEE, offering a significant discount to users.</p>
<p>At the same time, the issuance of new $BEE remains strictly limited. Only 500 tokens are generated for each night booked. This rate will require at least 2000 bookings to offset the 1 million tokens burned during a real estate acquisition. Over a full year, this represents 5 and a half years of sustained activity.</p>
<h2 id="h-real-utilities-a-facilitated-mass-adoption">Real utilities, a facilitated mass adoption&nbsp;</h2>
<p>Beyond its intelligent economic design, Globees – supported by the BPI (Public Investment Bank) and member of French Tech – has designed its BEE token to appeal to its users thanks to its numerous utilities within the ecosystem.&nbsp;</p>
<p>Firstly, it allows the minting of Globees NFTs which provide numerous advantages to holders. From discounts on stays to participating in the project’s governance, including <a href="https://www.globees.co/fr?utm_source=Cointribune&amp;utm_medium=Globees&amp;utm_campaign=Sponsorship_Globees_article-3_Cointribune" target="_blank" rel="noopener noreferrer nofollow">free nights</a>, these so-called “<em>non-fungible</em>” tokens boost the adoption of the $BEE crypto.</p>
<p>The Globees NFT collection is divided into 4 rarity ranks, each associated with progressive benefits:</p>
<ul>
 <li>The Forager is acquired for 20,000 $BEE and already opens the way to premium benefits</li>
 <li>The Architect 60,000 $BEE</li>
 <li>The Warrior 180,000 $BEE</li>
 <li>The jewel of the collection, the Queen for 540,000 $BEE.&nbsp;</li>
</ul>
<p>The higher the rank, the greater its attached benefits: exclusive discounts on properties owned by Globees, free stays, governance rights. A real added value for Globees NFT holders.</p>
<p>The token is also used as a means of payment to book stays on the platform. An even more attractive use since crypto holders benefit from substantial discounts. Finally, a financial component completes the range of $BEE utilities with staking and farming offers in partnership with the main crypto projects of MultiversX.</p>
<h2 id="h-enhanced-crypto-security-thanks-to-the-esdt-standard">Enhanced crypto security thanks to the ESDT standard&nbsp;</h2>
<p>Built on the MultiversX blockchain (formerly Elrond), the BEE token benefits from the numerous advantages of the <a href="https://docs.multiversx.com/tokens/overview/" target="_blank" rel="noopener noreferrer nofollow">ESDT standard</a> (Fungible Token Issued by Smart Contract). Unlike some tokens, the $BEE is a native digital asset of the protocol and not just a smart contract. This fundamental difference makes it totally <a href="https://globees.fr/fr/?utm_source=Cointribune&amp;utm_medium=Globees&amp;utm_campaign=Sponsorship_Globees_article-3_Cointribune" target="_blank" rel="noopener noreferrer nofollow">immune to the vulnerabilities</a> of smart contracts which, in the past, have caused massive siphoning of numerous crypto tokens. By combining a deflationary economy, real utilities, and enhanced security, the $BEE token positions itself as a crypto tool truly anchored in the real world. Far from sterile speculation, this token boosts <a href="https://www.cointribune.com/en/crypto-airdrop-10-million-bee-tokens-to-be-won-with-globees/" target="_blank" rel="noopener noreferrer nofollow">the activity of a platform in full expansion</a> while offering a solid store of value to its holders. A new decisive step towards the massive adoption of cryptocurrencies.</p>
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Crypto: Win with $BEE, a token with real utility

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