Altcoins, Cryptocurrency

SUNBEANS (BEANS): What is it? How to Get BEANS Tokens?

By Tiera Cowden

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Reviewed by: Tiera Cowden

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SUNBEANS (BEANS)

SUNBEANS is a meme cryptocurrency built on the Tron network. They are created to support the cause of the creation, exhibition, and trading of digital art. Unlike NFTs where digital artworks are traded, the SUNBEANS platform provides a unique opportunity to select artworks from various galleries.

The BEANS tokens facilitate strong interaction between the artists and the buyers against NFTs that do not give much importance to the creators or the artists. Artists can display their work in online and offline galleries.

SUNBEANS aims to help artists grow in the digital space and access a larger cultural space. How is this made possible? The liquidity providers of the BEANS tokens can support the artists and help them grow by enlisting their works in various art galleries. 

The SUNBEANS platform helps discover new artists through the use of memes and enables them to grow big to realize their dreams. Each artwork is given life and value with the support of liquidity providers.

More About the BEANS Tokens

BEANS tokens are the native cryptocurrency of the SUNBEANS platform. There is a total supply of 888,888,888,888 BEANS tokens in the market now.

SUNBEANS (BEANS)

BEANS tokens are used by the token holders or liquidity providers to vote for launching the works of their favorite artists. They can vote for the artwork to be uploaded online or offline to art galleries. The participants can access digital NFTs, VIP art galleries, and own artist collaboration merchandise.

SUNBEANS (BEANS) Tokenomics

BEANS tokens are distributed in the following manner to cater to various use cases.

  • SUNBEANS Ecosystem: 58%

58% of the total share of BEANS tokens is set aside for ecosystem development activities such as staking, voting to adopt new galleries, and providing community rewards. 

  • Marketing and Liquidity Provision: 38%

Another 38% of the total supply of BEANS tokens is set aside for marketing efforts and to ensure liquidity to all participants. 

  • SUNBEANS Team: 4%

The remaining 4% of the total allocation of BEANS tokens is allotted to the teams and developers of the SUNBEANS platform. These tokens will be unlocked over 12 months after enough BEANS liquidity is provided to the decentralized exchanges.

SUNBEANS (BEANS) Roadmap

The roadmap of SUNBEANS tokens refers to various cases where the artists are incentivized by the liquidity providers. The various stages of the development of the SUNBEANS platform are listed below. 

  • Artist recruitment
  • Artwork selection (using SUNBEANS tokens)
  • Offline Art Gallery Open
  • Online Art Gallery Open
  • Opening an online Art Platform
  • Artwork Trade
  • CEX Exchange Listing
  • DEX Exchange Listing
  • $SUNBEANS Token SWAP

How to Get SUNBEANS (BEANS) Tokens?

There are several methods that you can follow to get BEANS tokens.

  1. You can join the BEANS community and engage in its daily activities to get BEANS tokens as rewards.
  2. You can earn more rewards if you engage with the community followers of the SUNBEAN platform through Twitter, Telegram, etc.
  3. The SUNBEANS partner community has organized various events to help the users stay engaged.
  4. You can also boost your token earnings through community learning or activities related to the display of artworks in the galleries. Moreover, parties, raffles, and events hosted by the SUNBEANS platform can help users earn more tailored rewards.

Are BEANS Tokens a Profitable Investment?

It is difficult to give a definite answer to this question. The profitability of a cryptocurrency depends on many factors such as the present market conditions, and on-chain development activities of the BEANS tokens.  So, every investment should be taken as a result of a thorough study of the market. 

Tiera Cowden

British crypto writer and professional investor. Analyses digital asset markets and blockchain developments. Provides insights on cryptocurrency trends and investment strategies.

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