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This content was generated by Whalee (BETA), an AI crypto assitant that analyses cryptocurrencies. Informations can be incomplete and/or erroneous. Please always double check and DYOR.

What is beoble?

Beoble (BBL) is a cryptocurrency that powers a communication infrastructure and ecosystem, enabling users to chat securely between wallets. It provides a high-quality Web 3.0 messaging experience with end-to-end encryption, ensuring user privacy and security. The platform includes a web-based chat app and toolkits for DApps to integrate messaging and social profile functionalities. The BBL token incentivizes user engagement and participation, allowing users to earn points and redeem them for various utilities and features within the ecosystem.

How is beoble used?

The crypto beoble (BBL) is used within the beoble platform, a revolutionary Web3 social platform designed to provide enhanced decentralized wallet-to-wallet communication. The platform prioritizes user privacy, security, and contribution. Here are some key ways BBL is utilized:

  1. Earn and Redeem Points: Users earn points from interactions within the platform, which can be accumulated and redeemed for various utilities, access to premium features, playing games, or donated to other users to foster a sense of community and reward.

  2. Chatroom Economy: BBL allows for the innovative circulation of chatroom economies. Users accumulate shares in chatrooms based on their active contributions, ensuring that any revenue generated is equitably distributed among members.

  3. Integration with Web3 Services: Beoble provides messaging and social modules with APIs and SDKs for Web 3.0, enabling seamless integration with native dApps. This integration adds in-app organic engagement, improving user retention and acquisition.

In summary, BBL is the native token of the beoble platform, facilitating various activities and interactions within the ecosystem, including earning and redeeming points, managing chatroom economies, and integrating with Web3 services.

How do I store beoble?

To store your beoble (BBL) tokens securely, it is recommended to use a cryptocurrency wallet rather than storing them on an exchange. There are two types of wallets: software wallets (hot wallets) and hardware wallets (cold wallets).

Software wallets are connected to the internet and are less secure, while hardware wallets are offline and more secure. Ledger is a popular and secure hardware wallet option. Every hardware wallet comes with a seed phrase, which acts as a key to unlock the wallet and transfer contents between devices. It is recommended to store the seed phrase in a physical form, such as metal seed phrase storage solutions, to protect it from loss or destruction.

How to buy beoble?

To buy Beoble (BBL) tokens, follow these steps:

  1. Choose an Exchange: Select a reliable cryptocurrency exchange that supports BBL trading. Popular options include KuCoin, Bybit, Gate.io, MEXC, and BitMart. Ensure the exchange accepts customers from your country and offers the features you need, such as spot markets, margin trading, and futures.

  2. Create an Account: Register a free account on the chosen exchange by providing necessary information, including your name and email address. You may need to complete Know-Your-Customer (KYC) verification to increase withdrawal limits and unlock additional features.

  3. Fund Your Account: Deposit funds into your exchange account using a suitable method, such as credit/debit cards, bank transfers, peer-to-peer trading, or third-party payment services. Some exchanges support multiple payment options, so choose the one that best suits your needs.

  1. Place a Buy Order: Navigate to the exchange's trading platform and select the BBL/USDT pair. Decide whether to use a Market Order or a Limit Order. A Market Order executes the trade at the best available price, while a Limit Order specifies the maximum price you are willing to pay.

  2. Transfer to Your Wallet: Once the purchase is complete, you can either hold the BBL tokens in your exchange account or transfer them to a personal cryptocurrency wallet for additional security and flexibility.

By following these steps, you can successfully buy Beoble (BBL) tokens and start investing in this cryptocurrency.

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History of beoble

The history of beoble (BBL) is marked by significant milestones that highlight its growth and development as a Web3 communication infrastructure and ecosystem. Here are the key events that have shaped the journey of beoble:

  • Listing on LBank Exchange: On February 28, 2024, beoble (BBL) was listed on LBank Exchange, a premier global digital asset trading platform. This listing marked a significant step forward for the project, allowing users to trade BBL against the USDT pair.

  • Web3 Communication Infrastructure: beoble is designed to provide a seamless and secure messaging experience within the Web3 ecosystem. It offers a web-based chat app and integration toolkit for decentralized applications (DApps), supporting most major wallets with end-to-end encrypted messaging.

  • Token Details: The BBL token, based on the ERC20 standard, has a total supply of 1 billion. It is designed to incentivize ongoing communication and engagement within the beoble community.

  • Price Performance: Beoble's price has been subject to market fluctuations. As of June 19, 2024, the price of BBL is $0.037256 USD, with a 24-hour trading volume of $6,886,720 USD.

  • Market Cap and Ranking: beoble currently ranks 1488 among all known cryptocurrency assets, with a market capitalization of $19.13 million.

  • Community and Features: beoble prioritizes user privacy, security, and contribution. It offers a suite of innovative features such as earn, follow, discover, and a rewards-based model tailored for the Web3 community. Users can earn points from interactions, which can be redeemed for utilities, premium features, or donated to other users.

These milestones demonstrate beoble's commitment to redefining messaging in the Web3 era, focusing on user experience, security, and community engagement.

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How beoble works

Beoble (BBL) is a cryptocurrency that operates within a communication infrastructure and ecosystem designed for the web3 era. It allows users to chat between wallets, providing a high-quality messaging experience. Here's how it works:

Messaging Infrastructure

Beoble enables crypto wallet owners to message each other through a "communication delivery graph." This graph is the core of the messaging system, allowing seamless interactions between users via their crypto wallets. The platform supports most major wallets, ensuring compatibility and ease of use.

Web-Based Chat App and Toolkit

In addition to the messaging infrastructure, Beoble offers a web-based chat app that users can access directly. This app provides a user-friendly interface for messaging and interacting with others. Furthermore, Beoble offers a toolkit that allows decentralized applications (dApps) to integrate the messaging functionality into their platforms. This integration enables dApps to leverage Beoble's messaging capabilities, enhancing their user experience.

End-to-End Encryption

All messages on Beoble are end-to-end encrypted, ensuring that communications remain secure and private. This encryption ensures that only the sender and intended recipient can access the content of the messages, maintaining confidentiality and trust within the network.

CAT Points and Airdrop

Beoble has introduced a points system called CAT points, which are earned through active engagement on the platform. Users can earn points by participating in chat rooms, completing loyalty tasks, and referring new users. These points can be used to determine eligibility for future rewards, such as token airdrops. The CAT points system incentivizes users to engage with the platform, fostering a sense of community and encouraging active participation.

Tokenomics and Airdrop

In Beoble's tokenomics, 10% of the total token supply is reserved for a community airdrop. Users who collect CAT points are eligible to receive tokens as part of this airdrop. The points system ensures that users who contribute to the platform are rewarded with tokens, promoting a sense of ownership and encouraging continued engagement.

Overall Functionality

Beoble aims to redefine social connectivity in the web3 era by providing a secure, decentralized, and user-friendly messaging platform. By integrating with various wallets and dApps, Beoble creates a comprehensive ecosystem where users can interact, engage, and benefit from the platform's features and rewards.

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beoble's strengths

The token Beoble (BBL) has several strengths that make it a promising investment opportunity:

  1. Web3 Messaging Infrastructure: Beoble provides a high-quality Web 3.0 messaging experience, focusing on privacy, security, and user experience. This infrastructure allows users to chat between wallets, offering a unique Web 3.0 messaging experience.

  2. Reward System: Beoble incentivizes ongoing communication with its native token, BBL, fostering a vibrant global web3 chat community. This reward system encourages users to engage actively, contributing to the platform's growth.

  3. Utility Token: BBL is an ERC-20 utility token, which means it has a specific use case within the Beoble ecosystem. This utility token is designed to facilitate various activities within the platform, enhancing its functionality and value.

  1. Strong Roadmap: Beoble has a well-defined roadmap, outlining its development milestones, including the launch of various features such as DeFi, swap, OTC trade, and more. This roadmap demonstrates the project's commitment to continuous improvement and expansion.

  2. Long-term Price Forecast: Beoble's long-term price forecast is highly optimistic, suggesting significant value appreciation in the future. This positions Beoble as a promising investment opportunity with growth potential over the next decade.

These strengths collectively contribute to Beoble's potential as a valuable investment in the cryptocurrency market.

beoble's risks

Beoble (BBL) is a high-risk investment due to its significant volatility. The financial risks associated with beoble are primarily related to its use of financial leverage and debt financing. Here are some key financial risks to consider:

  1. Debt Financing Risk: Beoble's financial health is heavily influenced by its debt-to-equity ratio. A higher debt burden increases the likelihood of defaulting on debt payments, which could lead to insolvency.

  2. Interest Rate Risk: Changes in interest rates can impact beoble's ability to manage its debt and meet financial obligations. This risk is particularly significant for companies with a high percentage of debt financing.

  3. Foreign Currency Exchange Rate Risk: As beoble operates in the global cryptocurrency market, it is exposed to foreign currency exchange rate fluctuations. This can affect its financial performance and cash flow.

  1. Market Volatility: Beoble's price is highly volatile, which means that its value can fluctuate rapidly. This volatility can result in significant losses for investors who are not prepared for such market movements.

  2. Liquidity Risk: Beoble's market capitalization and trading volume can impact its liquidity. If the market becomes illiquid, investors may struggle to sell their assets, leading to further price drops.

  3. Regulatory Risks: Cryptocurrencies are subject to evolving regulatory environments. Changes in regulations can negatively impact beoble's operations and value.

  1. Operational Risks: Beoble's ability to manage its operational expenses, such as salaries, production costs, and facility rent, can significantly influence its financial performance. Inefficient management of these expenses can increase the risk of financial distress.

  2. Systematic Risk: Beoble is exposed to broader market risks, including economic downturns, political instability, and market sentiment shifts. These systematic risks can affect the entire cryptocurrency market, including beoble.

Investors should carefully evaluate these financial risks and consider their own risk tolerance before investing in beoble. It is essential to perform thorough research and consult with financial advisors to make informed investment decisions.

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beoble's ecosystem

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beoble’s team

  • Cypher Capital Group: One of the prominent investors in Beoble, supporting the project's decentralized communication platform and Web3 messaging ecosystem.
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