How to Use $HBEAN (Tokenomics)

$HBEAN Tokenomics - Generation and Burning of $HBEAN

$HBEAN is generated from an ERC-20 smart contract. After the contract deployment, only the Hyper Café approved NFT staking contracts can call the $HBEAN minting function and no other ways. All $HBEAN used at Hyper Café for IRL goods (coffee beans and other products) redemption is burned. The success of $HBEAN tokenomics is hinged on both strong community engagement and Hyper Café delivering sought-after products and services.

Hyper Café approved NFTs

Hyperbatch Barista Club (HBBC) and Hyperbatch Barista Friends (HBBF) are the only collections planned to be added to the Hyper Café ecosystem for staking to gain $HBEAN as staking rewards. The staking mechanisms are explained in HBBC staking and HBBF staking. It is Hyperbatch's strategy to incorporate more NFT communities into the $HBEAN reward mechanisms in the long term to help Hyper Café grow.

Hyper Café Ecosystem NFTs Criteria Guideline

• The NFT community has to be decentralized or has decentralization as one of its key development objectives.

• The NFT community has to add tangible or non-tangible value to the ecosystem and has to provide proposals for delivery.