Bee Network & its BEE Token: Progress, Features, and Outlook

Without a doubt, 2025 has been a promising year for protocols that reward early users, with many launching their mainnets and subsequent Token Generation Events (TGEs). Already, platforms like Pi Network and ICE Open Network (ION) have launched their mainnets after several years of development and engagement with users in the blockchain and Decentralized Finance (DeFi) space. 

While there is progress, some platforms still have questions regarding their mainnet and subsequent token launch on exchanges. One such platform is BEE Network, a blockchain-based social platform that has garnered significant interest since its inception in 2020. Within these 5 years, the protocol has amassed a global community of over 44 million users, known as "Beelievers." 

At the heart of its ecosystem is the BEE token, a highly anticipated cryptocurrency designed to power transactions, rewards, and decentralized applications (DApps) within the Bee Network. However, despite its growing popularity, the BEE Tokenomics and TGE remain unannounced, and the token is not yet live, sparking both excitement and criticism within the cryptocurrency community. 

This article examines Bee Network’s progress in 2025, recent updates from its X account, and the controversies surrounding its delayed launch, drawing on official sources, including the Bee Network Whitepaper and social media activity.

What is the Bee Network and BEE Token?

The Bee Network is a mobile-first blockchain platform that allows users to mine Bee Coins through a gamified app available on Android and iOS. Founded by Gian Luzio, the platform aims to democratize cryptocurrency by making mining accessible via smartphones, fostering a decentralized Web3 ecosystem. Users can participate as Miners, Referrers, or Verifiers, earning Bee Coins through daily check-ins, referrals, and community activities.

The BEE Token is the native cryptocurrency planned for the Bee Chain, the project’s proprietary blockchain, which is still under development. According to the Bee Network Whitepaper, the BEE Token will serve multiple purposes, including facilitating transactions, enabling staking, powering DApps, and rewarding community participation. Unlike the Bee Coin, which is currently a pre-launch reward within the app, the BEE Token will become a fully functional cryptocurrency once the TGE occurs and the Bee Chain is launched.

Features and Utilities of the BEE Token

According to the Whitepaper, the BEE Token will play a central role in the Bee Chain ecosystem upon its launch. Planned features and utilities include:

• Transactions and Payments: BEE Tokens will enable seamless transactions within the Bee Network, including purchases via Bee Pay, a payment system introduced in December 2023. Bee Pay currently supports stablecoin exchanges and lottery purchases, with restrictions in regions like the United States and mainland China.
• Staking and Governance: The Bee Chain is expected to support staking, enabling users to lock BEE Tokens and earn rewards while also participating in network governance, thereby enhancing decentralization.
• DApp Integration: Bee Network positions itself as a “Web3 portal,” integrating with DApps like Gameta to offer users additional earning opportunities, such as NFTs and whitelist rewards.
• Rewards and Incentives: BEE Tokens will reward users for mining, referrals, and engagement, building on the current Bee Coin system.

These utilities aim to create a robust ecosystem where users can earn, spend, and govern using BEE Tokens, though their full implementation depends on the Bee Chain’s launch.

Bee Network’s Progress in 2025: Key Updates

The protocol continues to build momentum in 2025, focusing on community growth, wallet enhancements, and blockchain development. Recent updates from the project’s official X account provide insight into its current trajectory.

BEE Wallet 2.0: A Step Toward Decentralization

On April 21, 2025, Bee Network announced the BEE Wallet 2.0 Update, described as a move toward a “Decentralized Future.” While specific details about the update were not fully disclosed in the post, the announcement suggests improvements to the wallet’s functionality, likely enhancing security, user experience, and integration with decentralized systems. 

Previous wallet updates included multi-language support and streamlined interfaces, indicating that BEE Wallet 2.0 may build on these foundations to prepare for the Bee Chain’s anticipated launch.

Community Growth: 44 Million Beelievers

On April 22, 2025, Bee Network celebrated Earth Day, highlighting its community of 44,109,649 Beelievers. This milestone underscores the platform’s global reach, with users across 200 countries engaging in mining and community activities. The post reflects strong community engagement, a key driver of Bee Network’s growth. The platform’s referral-based model and gamified mining have been instrumental in attracting users, positioning it as one of the largest Web3 communities.

Community Engagement and Gamification

Bee Network’s X activity also reveals ongoing efforts to engage users through interactive content. On April 21, 2025, the team responded to a user query, highlighting that games like Tank and Flee offer boosts within the ecosystem.

Additional posts addressed user concerns about app compatibility and community vibrancy, demonstrating active support. These interactions highlight Bee Network’s strategy of using gamification and responsive communication to retain its user base while awaiting the TGE.

Criticism and Controversy

Despite its growth, Bee Network faces criticism, particularly regarding the unannounced TGE. X posts and online discussions reveal skepticism about the project’s legitimacy, with some users labeling it a potential scam. 

For example, a 2021 Reddit thread questioned whether Bee Network was a clone of Pi Network, another mobile mining project, citing concerns about data collection and the lack of a clear monetization plan. Similarly, a Quora discussion raised doubts about the project’s transparency. However, fast forward to the time of writing, the protocol’s founder and managing director is already known, but unlike Pi Network, the token is still not live.

On X, users have expressed frustration over the prolonged delay in the TGE, as its competitor, Pi, is already live. Many users question why Bee Network has not provided a timeline for the token launch despite years of development. 

Others speculate that the delay could be due to regulatory hurdles or technical challenges with the Bee Chain. Nonetheless, these criticisms are tempered by supportive voices, with some selected few praising the project’s community engagement and potential to disrupt the Web3 landscape.

Bee Network has not directly addressed these criticisms in recent X posts, but its focus on wallet updates and community milestones suggests efforts to maintain trust. 

When Launch and TGE? 

The Whitepaper emphasizes a phased approach to development, which may explain the delay, but more transparent communication about the TGE timeline could alleviate concerns. Judging by the documentation, the platform is closer to the “Open Internet” launch, with Phase 3 already underway, having surpassed 10 million users. 

“Phase 3: from 10 million users to 100 million users. During phase 3 we will develop a Bee Network value exchange marketplace and launch it when the development of Bee Network’s ecosystem is mature and sustainable. By utilizing Bee Network’s blockchain technology, the use and transaction via an open internet platform will be fostered.l,” the whitepaper read. 

Looking ahead, Bee Network’s success hinges on delivering the Bee Chain and launching the BEE Token. The BEE Wallet 2.0 update and community growth signal progress, but the unannounced TGE remains a hurdle. If the project can address criticisms, provide a clear roadmap, and launch the token, it could solidify its position as a leading Web3 platform. 

For now, potential users should approach with caution, verifying information through its official channels.

Conclusion

The Bee Network and its upcoming BEE Token represent an ambitious attempt to bring cryptocurrency to the masses through mobile mining and Web3 integration. With over 44 million Beelievers and recent advancements, the project shows promise in 2025. 

However, the delayed TGE and community skepticism highlight challenges that must be addressed. As Bee Network continues to evolve, its ability to deliver on its vision will determine whether it can achieve lasting impact in the blockchain space.