
In the changing crypto landscape, few projects manage to reconcile concrete utility and a solid economic model. However, it is precisely this challenge that $BEE, the deflationary token at the heart of the Globees ecosystem, addresses. Indeed, this token intelligently links its economy to the real activity of the platform, thus guaranteeing its sustainability.
$BEE crypto: A deflationary economy, perpetual buying pressure!
The maximum issuance of the $BEE token is capped at 625 million units. However, far from being fixed, this supply is constantly decreasing. Indeed, each crypto transaction on Globees results in a burn (burn) of tokens: real estate purchase, NFT mining or reservation of overnight stays. As activity continues, tokens are literally consumed, exerting a reduction in the total quantity in circulation and perpetual buying pressure on $BEE. For example, as soon as an asset is acquired, 1 million tokens are bought back and destroyed. Likewise, 15% of the value of each mined Globees NFT is burned at the time of its creation.
The process of booking nights on the platform also participates in the regular burning of tokens. Thus, 15% of the tokens issued for a classic reservation are burned. This percentage increases to 15% of the total amount for reservations paid directly in $BEE, offering a significant discount to users.
At the same time, the issuance of new $BEE remains strictly limited. Only 500 tokens are generated for each night booked. A pace which will require at least 2000 reservations to compensate for the 1 million tokens burned during a real estate acquisition. Over a full year, this represents 5 and a half years of sustained activity.
Real benefits, easy mass adoption
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 uses in the ecosystem. .
First, it allows the mint of NFT Globees which confer many benefits to holders. From discounts on stays to participation in project governance, including free nightsthese tokens called “non-fungible” boost the adoption of $BEE crypto.
The NFT Globees collection is divided into 4 rarity ranks with progressive advantages associated with them:
- The Forager can be acquired for $20,000 BEE and already opens the way to valuable advantages
- The Architect $60,000BEE
- The Warrior $180,000BEE
- Jewel of the collection, the Queen for $540,000 BEE.
The higher the rank, the greater the associated benefits: exclusive discounts on properties owned by Globees, free stays, governance rights. A real added value for holders of NFT Globees.
The token is also used as a means of payment to book stays on the platform. A use that is all the more attractive as crypto holders benefit from substantial discounts. Finally, a financial component completes the range of utilities of $BEE with, in particular, staking and farming offers in partnership with the main crypto projects of MultiverseX.
Reinforced crypto security thanks to the ESDT standard
Built on the MultiversX blockchain (formerly Elrond), the BEE token benefits from the many advantages of ESDT standard (Fungible Token Issued by Smart Contract). Unlike some tokens, $BEE is a digital asset native to the protocol and not a simple smart contract. This fundamental difference makes it totally immune to vulnerabilities smart contracts which have, in the past, caused the massive siphoning of many crypto tokens. By combining deflationary economics, real utilities and reinforced security, the $BEE token is positioned as a crypto tool truly anchored in the real world. Far from sterile speculation, this token boosts the activity of a booming platform while offering a solid store of value to its holders. A new decisive step towards the mass adoption of cryptocurrencies.
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