Bee Network Referral Code 2021 Feburary : Best Mining Bonus — Referral Code — niteshjha

Note — referral code — nitesjha

For those familiar with the cryptocurrency space, there is new crypto in town called Bee Network coins that is in its early stages. Bee Network is a phone-based digital currency is which you can use to purchase goods and services. BEE coins can only be mined through mobile phones.

To join the exclusive network and start mining for BEE coins with your mobile phone whenever, on the go, it is on an invite, referral basis only.

Note — referral code — nitesjha

Best Bee Network referral code 2021 for the highest mining bonus

The bigger your “team” of referred miners, the bigger your mining bonus is, so be sure to use the referral code nitesjha (must be all lowercase) to get the biggest mining bonus when participating in the mining of BEE coins with your mobile phone.

1. Introduction

Bee Network is a Decentralized Autonomous Organization (DAO) organization whose essential operations are automated agreeing to rules and principles assigned in code without human involvement.

The naming of Bee Network is inspired by the concept of Hive Mind taken from the reputable publication Out of Control: The New Biology of Machines, Social Systems, and the Economic World by Kevin Kelly. Hive is taken as the metaphor of Hive Mind given its structure: there is a clear division of labor in which each individual honey bee has its own role and responsibility, and they all work together systematically and spontaneously to ensure the smooth operation of the Hive in the absence of a central authority. This ecosystem is also known as a distributed system which its productivity relies on thousands of individual input.

This self-sufficient ecosystem has the following characteristics:

1. Recognition in the existence of individuals and modules within the organization: Individuals and modules own a high degree of independence yet maintain close contact with each other. Independence means that each module has its own division of labor and close contact means a convenient way of communication between related parties.

2. Powerful accommodation ability within each module: Each module is able to maintain its equilibrium by accomodation in the absence of a central authority.

3. Unified objective and unique capability of individuals and modules: in order to fulfill the characteristics stated above, each individual and modules share the same objective and each of them would contribute to the objective in their own way, for example, some independently extract honey, while some independently work as pathfinders.

The organizational structure within a hive includes a queen bee and numerous worker bees. Bees communicate (such as informing the location for extracting honey) by dancing. When the hive is under attack and when a bee transmits the signal, the rest of bees will join the fight together. This type of collaboration between bees makes the hive a complete organization. The operation of the bee colony relies on the spontaneous contribution of each individual. Even though the power of each individual is relatively limited, the collaboration of these joint powers could be very powerful.

Embodiment of Hive Mind

The project is named as Bee Network with our vision that the network will operate like a hive which by collaborating the spontaneous contribution of each individual, the network will become a powerful force and thrive.

How to buy BEE Network coins?

Currently, there is no way to buy BEE coins. The only way to obtain BEE coins in its early adopting phase is to mine for BEE coins. In order to get a bigger piece of the pie, you must mine using your phone via the Bee Network iOS or Android app.

There are 2 ways to earn more BEE coins, effectively.

1. Joining the largest team of miners by using a popular referral code like nitesjha, to improve your return on mining (mining rate bonus).
2. The second way to earn BEE coins currently as of (1/17/2021) is to use your mobile phone and to tap on mine. The Bee Network app will then start mining for 24 hours with no interruption on your phone. It is that easy.

Note — Every 24 Hour You must have start manual mining by Clicking on Mining button on your app

How to sign-up for Bee Network and redeem a referral code? nitesjha

1. The first step is to download the Bee Network iOS or Android app.
2. Sign-up for an account and you will be prompted to enter a referral code. Use nitesjha for the highest mining bonus. You will not be able to join Bee Network and mine without a referral code, as it is currently on an invite-basis only.
3. You will be prompted to a screen to something similar to the screenshot below.
4. To start mining, it is as simple as tapping the middle mining button. Tap it, and now you are effectively mining for the next 24 hours.
5. Every day, you want to revisit the app to mine again because, after 24 hours, the app resets and stops. If you want to mine more BEE coins, simply set a calendar alert and remember to tap on mine on a regular cadence. That’s it!

How does Bee Network work?

There are three main roles in Bee Network — Visioner, Ambassador, and Verifier. Once you have pressed the thunder button to kick start your 24-hour mining session, you will earn Bee with the formula of (base rate) + (base rate) x 25% x (number of active miners in your earning team) in the next 24 hours until your mining session ends. Base rate as miner starts at 1.6 Bee per hour, and will be down 50% to 0.8 Bee per hour when total user base has grown to 100,000 user worldwide, a further 50% cut to 0.4 Bee per hour when it grows to 1 million users worldwide, another 50% cut to 0.2 Bee per hour when it hits the 10 million, another 50% cut to 0.1 Bee per hour when it hits 100 million and eventually no new supply when Bee Network has reached 1 billion users worldwide. So the keys to earning more Bee is to mine and refer new users to join your earning team as much as possible when the base rate remains high.

Visioner

Every player will get the base rate at 1.6 bee / hour by logging in the app every 24 hours and clicking the bee button. You do not need to keep the app open after clicking the bee button and you will automatically get hourly rate. You will stop after 24 hours until you have clicked the bee button to start a new 24-hour session. Please note that the base rate as Visioner will be reduced by 50% for 4 times depending on the growth of total user base until Bee Network ceases supply of Bee when there is 1 billion user worldwide. The base rate as Visioner will be reduced from 1.6-> 0.8 (when grown to 100,000 users), 0.8 > 0.4 (when grown to 1 million users), 0.4 -> 0.2 (when grown to 10 million users), 0.2-> 0.1 (when grown to 100 million users) until supply becomes 0 when grown to 1 billion users.

Referrer

A Ambassador can refer new Visioners to join your team which you will be able to interact with your team members and accomplish mission together in the upcoming in-app functions to be launched when the Bee Network project has enter next phases.

Verifier (The role of Verifier will only be launched since Bee Network has entered Phase 2)

Please note that role of Verifier will only be launched in Phase 2. Bee Network ‘s objective is to build a gaming community with trusted member. Hence, we need verifiers to verify the identity of members bring them into your verified network. By doing so, you confirm:

You know the person whom you have verified in person

You trust they are ethical and not fraudulent

However, please note that you will need everyone in your security circle to successfully complete KYC (Know Your Customer) compliance process before you can utilize the full functions in next phases.

Early Bee Network players will have an advantage to earn more Bees as the base rate as a Miner will be reduced by 50% from 1.6 -> 0.8 -> 0.4 -> 0.2 -> 0.1 -> 0 Bee per hour when the total user base is grown to 100,000, 1 million, 10 million, 100 million and 1 billion. Hence, it is always important to get started now before the base rate is halved.