The Social Bees University (SBU) released their $BHNY Token in May 2022. Since then, the crazy bees did a one-of-a-kind BHNY Token burn fest. Which put a new twist on NFTs, Crypto and gamification. The goal was to reduce the amount of BHNY Tokens via the purchase of a unique BHNY NFT. Buyers would go to the website, start a search and once found, the buyer completed the purchase. The hunt was on for BHNY NFTs that would burn either $5 Million, $1 Billion or a single $5 Billion BHNY Tokens. This resulted in the buyer not only receiving the awesome NFT, but also burning the pre-determined amount of BHNY Tokens and to top it off, those lucky enough to find the Billion $ NFTs were also awarded some BHNY Tokens too!
Many people participated in burning the BHNY Token NFTs. The single $5 Billion BHNY NFT was found by the infamous @RayofLight38. Next, the generous @FOMOHead, was dubbed “The Burn Father” as he sold a Princess BEE NFT and donated over 12.5 ETH towards burning an incredible 51 BHNY NFTs for the Community. With so many BEE members burning away during Twitter Spaces and You Tube shows, it became an electrifying time to be part of the SBU history.
Read the docs on Socialbees.io and discover more about the SBU and BHNY below. Thank you to those that burned BHNY NFTs such as: @Cheesehead Will, @BeesSocialTVcom, and @D_Ray_Crypto. Please comment with the names of the others that helped burn the BHNY NFTs as well!
Catch up on the BHNY Token Burn Fest 👇👇👇
SBU Honey BHNY Token basics
Governance, Farming, and Utility
BHNY is created for governance, farming, and utility. BHNY will be widely used throughout the SBU DAO ecosystem (i.e, Voting, Farming, Auction, Honeypots, BHNY transaction tax, Treasury, and more).
Update: The SBU DAO misfits have gone crazy and burnt most of their BHNY Tokens.
The BHNY Burn is closed now, having burned a total of 34,165,200,000 BHNY out of the 38 billion initial BHNY. As of this update (7/25/2022) another 5,250,000 BHNY will be burned in secondary sales in days to come.
The result: the new BHNY total will be 3,829,550,000 allocated in the following fashion:
- 3.8 billon BHNY locked into the Asset-Backed BEE NFTs,
- 29,450,000 BHNY in circulating supply, and
- 100,000 BHNY apportioned to SBU Labs.
The BHNY Token can also be found on CoinGecko which per its description, “CoinGecko is a digital currency price and information data platform. It helps its users quantitatively evaluate and rank their coins.”
Are you new to the Social BEES? Don’t worry, the BEES have lots of information buzzin’ around to help fill you in. Here are a few of the resources to assist:
Website > Socialbees.io read the papers, buy BHNY Tokens and much more!
Twitter > @Crypto_Swarm Follow the Social Bees!
You Tube > BeesSocialTV subscribe to the channel.
Discord > Web 3 Global come chat with the BEES.
Podcast > Home – Social Bees Radio
Facebook > Facebook.com/crytoswarm/
Instagram > Instagram.com/the_sbu_dao
TikTok > Tiktok.com@sbudao
🔻 Did Someone say YouTube Burn Party??? 🔻
This is all personal experience and not financial advice. It is for entertainment purposes only. Thanks for reading and appreciate your support!