Beoble Price

Beoble (BBL) is a Web3 social platform that facilitates communication within the blockchain ecosystem, offering a unique blend of social and financial functionalities. This platform is designed to allow users to engage in chat directly between wallets, providing a seamless integration for decentralized applications (dApps) to include chat features.

The Beoble decentralized platform is built on the Ethereum blockchain, employing the ERC-20 standard for BBL tokens. The project was founded in Singapore, and its Initial Exchange Offering (IEO) and Initial DApp Offering (IDO) are planned for early 2024​​.

This blend of communication, social networking, and financial functionalities within the Web3 framework positions Beoble as a pioneering platform in the decentralized social media space, aiming to redefine user engagement and monetization in the digital era.

Key highlights of Beoble include:

1. Communication Infrastructure: It's built as a communication ecosystem that allows for wallet-to-wallet chat to enhance user interaction within the Web3 market.

2. Web3 Messaging Experience: The platform focuses on delivering a high-quality messaging experience without compromising privacy, security, or user experience, distinguishing itself from other Web3 messaging attempts that have struggled with user retention​​.

3. SocialFi and In-App Functionalities: With the concept of SocialFi (social finance), Beoble plans to include multi-chain integration, in-app social trading functionalities, over-the-counter (OTC) trading, business-to-business (B2B) integrations, and chat-based advertising. These features aim to merge social interactions with financial transactions, creating new opportunities for users​​.

4. Rapid Growth and User Adoption: Since its beta launch, Beoble has shown promising growth with hundreds of thousands of monthly active users and wallets, indicating strong demand for decentralized social media alternatives​​.

5. Native Token (BBL): Beoble’s native token, BBL, will be used for various in-app activities such as B2B payments, B2C utilities, NFT OTC fees, and in-app advertisements​​.

The founders of Beoble (BBL) are Sungmin Cho, Chanhyeok Yim, and Jungwoo Yun. Sungmin Cho serves as the Co-founder and CEO of the project. These individuals have combined their expertise to develop Beoble to enhance communication within the Web3 ecosystem, focusing on privacy, security, and user experience without compromises​​.

The Beoble project was officially launched in 2022. Here are some key developments in the Beoble roadmap:

1. Pre-Seed Fundraising: Initially, Beoble secured $2 million during its pre-seed round, laying the financial foundation for the project's development and expansion​​.

2. Beta Launch and Early Marketing: Beoble launched its beta version following the initial fundraising. This phase included initial public relations efforts and marketing to attract early users, which was crucial for testing and refining the platform​​.

3. Public Launch and User Growth: In early 2024, Beoble aimed for a public launch, focusing on user growth and forming partnerships to expand its ecosystem. This period also included further fundraising activities to support its expansion​​​​.

4. Seed Funding Round: Beoble successfully closed a $7 million seed funding round with contributions from notable investors, including Samsung, Hashkey, DCG, DWF Ventures, Nomura Laser Digital, Cypher Capital, and Blockchain Founders Fund. This funding is intended to support the launch of Beoble V2 and the development of new features​​.

5. Introduction of New Features: With the launch of Beoble V2, the platform plans to introduce multi-chain integration, in-app social trading functionalities, an over-the-counter (OTC) trading function, business-to-business (B2B) integrations, and chat-based advertising​​.

6. BBL Token Launch: Beoble announced the launch of its native token, BBL, to be used for various in-app activities, including B2B payments, B2C utilities, NFT OTC fees, and in-app advertisements. The token sale was scheduled for February 2024​​​​.

7. Expansion of Features: The roadmap also includes plans for the development and release of various features such as DeFi / Swap functionalities, OTC Trade, Super Chat / Ads, DAO Tooling, On-chain Donation, Game App Store, and a marketplace, spread across different quarters of 2024 and beyond​​.

The Beoble (BBL) token is designed for a variety of uses within the Beoble ecosystem, aligning with its goal to integrate social and financial functionalities on the Web3 platform. The token's applications include:

1. In-App Activities: The BBL token is utilized for various in-app activities, enhancing the platform's functionality and user experience​​.

2. B2B Payments: Businesses can use BBL tokens for transactions within the Beoble platform, facilitating seamless business-to-business payments​​.

3. B2C Utilities: For business-to-consumer interactions, BBL tokens can be used for utilities such as donations and social trading, enabling consumers to directly engage with and support businesses or individuals​​.

4. NFT OTC Fees: The platform plans to support over-the-counter trading of NFTs, where BBL tokens can be used to pay for transaction fees, making the process more efficient and user-friendly​​.

5. In-App Advertisements: BBL tokens also serve as a currency for in-app advertisements, allowing advertisers to pay for ad placements within the Beoble ecosystem, thus promoting their products or services to a targeted audience​​.

6. Trade BBL on KuCoin: Trade Beoble coin on the KuCoin Spot Market against other cryptocurrencies to profit from changing market conditions and volatility. Buy or sell $BBL or HODL if you believe in the long-term potential of the Beoble project, but only after doing your own research (DYOR).