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BeeFi: Create your own SocialFi social entertainment era

author:Observer of the crypto space

In the past two years, projects around blockchain media and communities have undergone a process of transformation from a single information and community form to a comprehensive social ecology. The new generation of blockchain social media is more social, or accurately connects with a certain vertical field, or is committed to building a full-category platform, all of which have increased the incentive mechanism.

A blockchain social network that advocates "breaking the Internet silos and creating a new SocialFi economy" - BeeFi was born.

BeeFi: Create your own SocialFi social entertainment era

What is BeeFi?

BeeFi is a global SocialFi social platform that officially established its office headquarters in Malaysia in November 2022 and an operation center in Hong Kong, with the starting point of breaking down silos and driving SocialFi development. Through blockchain decentralized technology, BeeFi is able to give users ownership of their data and the benefits it generates, protecting social privacy and gaining economic incentives.

BeeFi cleverly combines social media features with blockchain technology to provide users with more rights, privacy, and economic incentives, while building a more fair and transparent social environment.

BeeFi believes that the success of social finance depends on its ability to actually address people's needs and provide them with valuable services. Therefore, BeeFi starts from social networking and takes short videos as the core to provide users with six social entertainment functions. In the early stage, more like-minded friends will be gathered through live broadcasts and shopping, and through the live broadcast function, users can Xi make money through live broadcast learning, entertainment or live broadcast in their spare time. Through the shopping function, we provide users with global high-quality products. Then further deepen the social relationship through honey chat, honey friends, honey seeing, etc. In addition to text communication, users can also use phone calls and video communication. At the same time, friends can freely match and chat with each other, you can chat point-to-point, you can interact online, open black together or chat in different chat rooms, and experience the joy of social interaction together. In addition, in order to promote the value of secret chat and secret insight functions, BeeFi has set up a positioning system to achieve the combination of virtual and real, so that netizens in the same city can promote the development of relationships for the same interests. Further, the application value of social tools is maximized.

BeeFi: Create your own SocialFi social entertainment era

In terms of the financial system

BeeFi is different from other Web3.0 products, starting and integrating blockchain finance in the Web2.0 model, making it easier for the public to accept BeeFi with applicability as the main development, and users can obtain points through the application of BeeFi to consume, so that the relationship between tokens and products is closer, and the future of two-way development is achieved.

●SocialFi經濟系統

BeeFi will issue honey coins based on the blockchain, which will be used for all rewards or consumption behaviors of the BeeFi community, and is the currency circulating for BeeFi. Before the opening of the secondary market, honey coins will be distributed in the form of points, and users can obtain computing power output by completing daily tasks, or through gifts such as rewards and gifts from others.

● Economic incentives

BeeFi provides users with more financial incentives and opportunities to participate, and users can earn points through social activities, content creation, community building, etc., which can be used to purchase goods and services, or exchanged for other digital assets. This financial incentive provides users with more incentives to actively participate in social media platforms, while also providing content creators with more revenue streams that drive the generation of more valuable content.

●Arithmetic Integral System

As long as you complete daily tasks, or create content to develop the community, you can get computing power rewards, completely break the monopoly of traditional social platforms, and give the rights and interests to every creator and users who are helpful to the development of the community.

In terms of community management mechanisms

BeeFi does not belong to any organization or individual, it is co-governed by all community "honey DAOs", and "honey DAOs" are composed of paid members. Honey DAO users have the right to vote on the development and decision-making of BeeFi. Any proposal proposed by node members must be approved by more than 60% of the voters within the voting period before it can be implemented.

Honey DAO has many rights and benefits:

1. Voting rights: All votes can only be executed with the consent of more than 60% of the honey DAO.

2. Initiating decisions (node members): such as removing a certain work, such as token issuance rules, community development strategies, etc.

3. Promotion right: You can refer friends to get income.

4. Rank benefits: The higher the level, the better the benefits.

5. Shareholder rights: Honey DAO enjoys all the rights and interests as a shareholder of BeeFi, and everyone is equal.

In terms of strategic cooperation

BeeFi has reached a strategic partnership with ATV, which has an absolute advantage in terms of content, whether it is the exclusive information of TV programs or the news of ATV's contract artists, you can browse on BeeFi for the first time. Asia Television's ace program [Miss Asia Global Election] will also invite BeeFi as a long-term media partner, more exclusive reports + fan voting mechanism on BeeFi, so that users can enjoy more special benefits.

BeeFi: Create your own SocialFi social entertainment era

At the same time, BeeFi has also received key technical support from XpansionChain. XpansionChain provides more convenient functional technical support and powerful application advantages for BeeFi, so that BeeFi can become a key recommended product directly on the XpansionChain official website, so that farming blockchain enthusiasts can better understand the ecology and financial solutions of BeeFi, so as to open up Web3 users to enter BeeFi.

Based on the technical support of XpansionChain, BeeFi enjoys fees that are far lower than more than 95% of public chain transfers and transactions in the market, and obtains functions such as decentralized exchange lending and cross-rollup bridges, which allow users to cross-chain assets between multiple mainstream block networks such as Ethereum, StarkNet, and zkSync, bringing more convenience to BeeFi members.

The goal of BeeFi is to bring the concept of SocialFI into real life, to achieve a real combination of virtual and real, and to create more opportunities and value for users and creators.

BeeFi is taking action and will create its own era of social entertainment!

Do you want to participate together?