Let's take a closer look at Bee Network - a new cryptocurrency that you can mine on your phone without any kind of investment. All you have to do is install the app, create your account, use the invitation code that you can find because without invitation code you will not be able to get your coins and then simply once per day, push a button to get your free coins.
In this article we are going to answer the question if Bee Network is legit, What To Expect and if it's actually worth your time.
And before we jump into the most important question of it all if the network is legit or not, I want to quickly point out that in my opinion Bee Network is a knockoff of Pi Network. The Bee Network app looks a little bit more polished. But overall if you read the white paper, they are quite identical. I mean there are some differences and Bee Network tries to do some things better or more planned or structure than Pi Network did but overall at its core it's still the same but that however doesn't mean that Bee Network is a scam or that it's not worth your time. It simply means that somebody saw the potential from Pi Network and saw rooms or methods to slightly improve the Pi Network idea and launched an alternative cryptocurrency.
Is Bee Network legit?
If you know the crypto market, there are thousands of different coins out there and many of them have no value at all. It's quite normal that when you have a good idea and you launch a cryptocurrency that somebody else will come along and produce some kind of knock off or an improvement of your idea. It's the same thing that happens in all other aspects of our daily lives as well where one company releases a bigger TV and therefore other companies try to copy or improve on that concept to, again, gain market lead and the same could be applied here. Bee Network at its core follows the same principles that Pi Network does. The difference is Pi Network already launched in 2019 and will achieve Phase 3 and market value most likely within the next 12 months this 2021, whereas Bee Network just started and their planned market launch, so when the coins achieve a real value will be 2024.
Now don't get scared away by that long waiting time. It actually also is a benefit. And you may be wondering why it is but the answer is quite simple.
When you joined Bee Network now, you are one of the early adopters. You're one of the first to join the Bee Network, which means you will get more coins than other people until 2024.
There's no guarantee that Pi Network will succeed, there's no guarantee that Bee Network will succeed just like with every other cryptocurrency, but if you look at the risk-reward scenario again, all you have to do is create your account, enter the invitation code and then once a day open the app and push the lightning bolt button to start your 24-hour mining period and you will get free coins credited and once Phase 3 achieved, those coins will have a value.
Is it worth your time?
The answer to that is nobody knows because nobody can say what kind of real-world appliances there will be for Bee Network coins, how many active users there will be and how much supply and demand there will be for the coin.
But we can already say for sure is, that the effort is almost zero. All you have to do is literally once per day just open an app and push a button which takes you roughly five seconds or less and for that you can generate hundreds of thousands of coins that eventually will be worth a couple of cents, a couple of dollars or maybe even a couple hundred or a couple thousand dollars.
What do you have to lose?
If you sign up for Bee Network, you will have a new task every day to form a new habit of opening the app everyday to push the button and maybe tell your friends and family about it and have them use your invitation code to slightly increase your mining weight as well.
Now in four years from now, you will either have wasted 5 seconds of your time every day, or you will be looking at a couple thousand of coins that will be worth a couple hundred or a couple thousand dollars that you can then trade, exchange or used to buy whatever you want. So if the project fails you pretty much lost five seconds of your time every day, but on the other hand if they manage to stick with the timeline and launch by 2024 and mainnet with a real cryptocurrency that you can trade in exchange, you will most likely look at a decent amount of money that you can then trade, sell, exchange and you literally got it for pushing a button once per day for a certain period of time
And even though Pi Network already has a head start and will achieve their Phase 3 in 2021, that does not mean that Bee Network cannot also succeed. Maybe Pi Network fails, maybe both coexist. Nobody knows that for sure. All we know right now is that you have the opportunity to pretty much just just install an app, push a button once per day and get free coins for free.
Now along the process from where Bee Network is now, to actually going live and having a value per coin, there are other steps involved like a verification process and so on but that's not the purpose of this article. I recommend that you follow the instruction in the FAQ which you can find in the application. And additionally, if you have another 30 minutes, take the time to read the white papers for you to understand what Bee Network is all about and how it's supposed to work in the future.
With that, if you haven't signed up for a Pi Network yet, you still might want to do that as well. All it's going to change is instead of pushing one button in one application, you'll have to push two buttons per day, but you'll receive coins in two different networks.
And if you have any question whatsoever, simply leave a comment down below and I'll answer as soon as I'll get to it.
PS: I don't want to put an invitation code here because I don't want to break the rules of the platform. Thank you.
For BEE Network use the invitation code: awatif786