What is Herbee ($BEE)?
Herbee is a blockchain-based social dating application deployed on the Klaytn network. Users can create short-form videos to share their lifestyle with other users and find the right one to meet in the neighborhood. Herbee was launched by Rian Foundation in April 2021. It aims to build a social network and a communication platform through blockchain technology for people who want to find a date.
What is $BEE?
$BEE is the Klaytn-based utility token of Herbee which can be used as a payment method in Herbee's application currently. It can swap to Honey (an in-app currency) to pay for services in Herbee's app. According to the disclosure of Herbee, $BEE will be able to purchase BEE-LAND and used for NFT trading when Herbee's Metaverse launch. The usage scenarios might also include Neighborhood Meetings open/join, Avatar creation, community creation, etc. In addition, it will be used as a payment method on the Weggle platform. $BEE also will add a staking function and a governance function in the future. $BEE can be staked in the staking pool to obtain rewards. The Staking pool will be used to provide liquidity for Herbee's NFT Marketplace and Metaverse. Meanwhile, users will receive governance voting power through staking.