Highlights:
● Bee Network has a user base of around 8 million.
● Phoneum (PHT) is listed on CoinMarketCap.
● TimeStope is a South Korean project that was launched in October 2021.
With the increasing popularity of cryptocurrencies, various new projects have been launched recently. One such platform is Pi Network which has gained attention since its launch.
However, various other platforms were also launched that provide similar services as the Pi Network platform. These platforms primarily allow the users to mine cryptos through their smartphones with an application.
This makes it easy for users to enter the crypto space with just their mobile phones. In addition to that, global digitalization also has padded gains in these projects as the tech-savvy younger generation has shown tremendous interest in digital currencies.
So, what if there is a way to mine cryptos from smartphones and that too without going through a hectic process? Let's explore three crypto mining applications that might run in a straight line with the increasing popularity of cryptos.
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Bee Network
Bee Network is among the top crypto mining applications that may dominate the field in the coming days. Although it is not listed on any crypto exchanges yet, it has gained a considerable user base.
According to its website, Bee Network is a digital currency that can be mined through an application on a smartphone. It claims to have a decentralized mining framework that is reasonable for the individuals, meaning no high-tech computer or system is required to mine Bee tokens.
Currently, it has a vast number of users, around 8 million, which suggests that it is attracting more people due to its services. Considering the number of users, the experts believe that it may have a long way to go.
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Phoneum (PHT)
Phoneum is listed on CoinMarketCap.com. It was launched in 2017 by a Canada and British Virgin Islands-based team. Phoneum intends to provide a simple user experience and platform that would enable users to participate in the crypto economy through mobile apps and games. In addition to that, it doesn't require technical ability or specific country residence for participating in it.
Unlike most other apps, it doesn't require a user to be active on the platform at least once a day. A user can click only once a week for being active for the next seven days and earn PHT through the app.
Its total and max supply is 5 billion, while its circulating supply is around 3.54 billion, according to CoinMarketCap.
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TimeStope
Like Pi Network, it is also new crypto that can be mined from any smartphone for free. Seoul University in South Korea has developed the TimeStope platform and launched it in October 2021 as the first phase.
After getting 100 default points while creating an account, a user should be active on the platform and click the attendance button once a day for getting 2 points.
Notably, if any user missed clicking for their attendance, there will be a deduction of 3 points. When the attendance score reaches nil, the account becomes deactivated and cannot be reactivated again.
TIME is the token on this platform. The user may get the TIME token by being active for less than a minute or inviting others to join the platform.
Meanwhile, the TIME crypto has a validation period of 2 years.
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Bottom line:
The platforms are gaining more users every day due to the simple user experience and other attractive services. However, the legitimacy of these platforms is not yet confirmed.
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