Assets, Ethereum

Is Bee Token an Ethereum?

The Bee Token is a decentralized application built on the Ethereum blockchain. It is a platform that allows users to rent out their spare computing power and be rewarded in Bee Tokens for doing so.

The Bee Token team is based in San Francisco and was founded by former Google, Facebook, and Uber engineers. The project was launched in December 2017 and raised over $5 million in its initial coin offering.

NOTE: WARNING: Do not invest in Bee Token as an Ethereum. The Bee Token is a cryptocurrency, not an Ethereum token. Investing in the wrong asset could lead to financial losses and other risks.

The Bee Token is not an Ethereum token. It is built on the Ethereum blockchain but it is not an ERC20 token.

The Bee Token team has created their own token standard (Bee Protocol) which is based on the ERC20 standard but adds some additional features. The Bee Protocol is designed to be used by decentralized applications that need to be able to interact with each other.

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