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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