🐝 ‘Decentralized Airbnb’ starts charging fees as ICO model falters
Bee Token, a decentralized Airbnb lookalike, has started issuing fees for business clients while maintaining its no fee pledge to cryptocurrency customers. Bee Token's ICO model is feeling pressure after lack of name recognition and business growth failed to grow Bee Token's value, as outlined in the project's white paper. CEO Jonathan Chou says Bee Token is currently pivoting to a revenue based model, cutting staff and changing initial plans in the process.
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