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Hyperbatch
  • 🚀Hyperbatch
  • 1. About Hyperbatch
    • 🚀The Hyperbatch Company
      • Our Vision
      • Our Mission
      • Our Guiding Principle
      • Our Focus
      • Our Products
  • 2. About Hyper Café
    • 🚀The Hyper Café
      • The History
      • The Architecture
      • The Guiding Principle
      • The Ongoing Evolution
  • 3. About Digital Commodity
    • 🚀The Digital Commodity - $HBEAN
      • What $HBEAN Is
      • What $HBEAN Is Not
      • Why We Need $HBEAN
      • How to Use $HBEAN (Tokenomics)
  • 4. About Hyper Café Governance
    • 🚀The Hyper Café Governance
      • The Governance Evolution
    • 🚀The Governance Token - $*****
      • What $***** Is
      • What $***** Is Not
      • Why We Need $*****
      • How to Use $***** (Tokenomics)
  • 5. About Hyperbatch Barista Club (HBBC)
    • 🚀What are Hyperbatch Barista Club (HBBC) NFTs
      • The Inspiration
      • The Traits
      • The Utilities
      • HBBC Staking
  • 6. About Hyperbatch Barista Friends (HBBF)
    • 🚀What are Hyperbatch Barista Friends (HBBF) NFTs
      • The general rationale
      • The way to the future
      • HBBFs' intrinsic value
      • HBBF Staking
  • 7. About Hyper Proof
    • 🚀What are Hyper Proof series NFTs
  • 8. FAQ
    • 🚀FAQ
      • Coffee Ethos
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On this page
  • 1. $HBEAN is a utility token
  • 1.1 $HBEAN 1:1 real-world coffee bean redemption
  • 2. $HBEAN is exchangeable for governance token
  • 2.1 $HBEAN needs to focus on fair distribution
  • 2.2 $HBEAN will be made exchangeable for a governance token
  1. 3. About Digital Commodity
  2. The Digital Commodity - $HBEAN

What $HBEAN Is

$HBEAN is a utility token that can be used within the Hyper Café ecosystem, living on the Ethereum blockchain.

1. $HBEAN is a utility token

1.1 $HBEAN 1:1 real-world coffee bean redemption

The first utility for $HBEAN is the 1:1 redemption for real-world coffee beans at the Hyper Café online store. The claim period will open for a week on the first full week (Sun-Sat) of each month. The beans will be selected and roasted by your fellow HBBC holder (Don't worry, she is a pro) to make sure your redemption is well worth the wait.

2. $HBEAN is exchangeable for governance token

2.1 $HBEAN needs to focus on fair distribution

The current design principle for $HBEAN is focusing on the fair distribution among the community members. This is an altruistic goal Hyperbatch has, serving as one of the most important pillars of Hyper Café's decentralized architecture.

2.2 $HBEAN will be made exchangeable for a governance token

There is debate within the Hyperbatch team around if $HBEAN should be used for Hyper Café ecosystem governance. The discussion is ongoing with other industry thought leaders and the conclusion will likely be one of the two options. The community will be updated on the status of this topic as it progresses.

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Last updated 2 years ago

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