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About Honey Deluxe Token

Honey Deluxe token is a cryptocurrency belonging to the Bears Deluxe platform. Bears Deluxe is an NFT platform developed using blockchain technology. Bears Deluxe aims to create a bridge between NFTs, gaming in the DeFi space, and the Metaverse. The Bears Deluxe ecosystem is known as the Honey Farm. The Honey Farm is developed using seven smart contracts. These smart contracts serve a variety of functionality to the Bears Deluxe ecosystem, including enabling operability on multiple networks as well as game development and upgrading of the platform. According to the litepaper, these smart contracts also enable the developers to expand and grow the system with no end goal in sight. 

The Bears Deluxe ecosystem is designed to provide users with an immersive experience. Bears Deluxe proposes to implement gamification to increase participation in its network. Gamification is the process of adding mechanisms of games into non-gaming environments such as websites, intranets, or online communities. The Bears Deluxe ecosystem consists of three types of NFT collections: Bears Deluxe, Bees Deluxe, and Hive Deluxe. Bears Deluxe holders may mint Bees Deluxe NFTs. Hive Deluxe NFTs can generate 3 Bees Deluxe NFTs and be depleted in the process.

$HONEYD is the native utility token of the Bears Deluxe network and fuels the functions and features of the Bears Deluxe platform. $HONEYD is an ERC-20 token built on the Ethereum network. Bears Deluxe holders can obtain 1 $HONEYD every day. The $HONEYD can be stored in a digital wallet, and the users may claim their $HONEYD tokens any time they want. Unlike Bears Deluxe, Bees Deluxe cannot generate new $HONEYD tokens. $HONEYD tokens may be used to revive depleted Hive Deluxe NFTs. 

In the future, Bears Deluxe has plans for creating DApps such as a game titled Hungry Bear and NFT Paint. 

The Honey Deluxe Token was created by PixelMage, and the platform is led by PixelKnight. 

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Australia News about Honey Deluxe Token

Unchained • May 06, 24

Bitcoin Has Processed One Billion Transactions

The Bitcoin network has hit a new milestone as the number of transactions processed on the blockchain exceeded one billion on Sunday. Data from Clark Moody’s dashboard shows that total all time transactions now stands at over 1,000,140,825, while mempool data shows that the billionth transaction ...

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BeInCrypto • May 06, 24

Crypto Funding Surges to $3.67 Billion in 2024: What are Key Trends?

In 2024, crypto funding soared to $3.67 billion across 604 rounds, with early-stage ventures capturing significant interest and blockchain infrastructure leading sector-specific investments.The post Crypto Funding Surges to $3.67 Billion in 2024: What are Key Trends? appeared first on BeInCrypto.

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CoinDesk • May 05, 24

Protocol Village: Volta, Creator of Multisig Non-Custodial Platform, Raises $4.1M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.

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BeInCrypto • May 05, 24

Crypto Whale Buys $10.4 Million in Meme Coin PEPE

A crypto whale has made a massive investment in Pepe tokens, purchasing $10.4 million worth, highlighting PEPE's growing market appeal and the increasing acceptance of niche cryptocurrencies.The post Crypto Whale Buys $10.4 Million in Meme Coin PEPE appeared first on BeInCrypto.

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The Block • May 05, 24

Bitcoin surpasses one billion transactions processed, eight hundred weeks after launch

Eight hundred weeks and one day after Bitcoin launched on January 3, 2009, with the minting of its genesis block, the world’s most valuable cryptocurrency has surpassed one billion processed transactions.  The milestone comes at an especially exciting time for the cryptocurrency, which has seen h...

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The Block • May 05, 24

Ethereum stablecoin volume shattered its monthly record in April, thanks to DAI

Flash loans using DAI appear to have pushed Ethereum stablecoin volumes to their highest monthly levels seen yet.

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Honey Deluxe Token is on the rise this week.

The price of Honey Deluxe Token has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. Honey Deluxe Token’s price has also risen by 100.00% in the past week.

FAQ

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