BestayBSY
$0.0300
Market/Exchange
BSY Price Prediction and Price Movement
BSY has been down 92.51 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that BSY's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if BSY is backed by a solid development team and whether BSY's technology has any potential to grow.
Please note that this analysis is purely base on BSY's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Bestay Price Chart
About Bestay
BESTAY is a decentralized home-sharing platform that has been in development for 3 years. From the initial, Bestay performed as an independent Ethereum blockchain called BSY. But now, the project is migrating to a new Polkadot blockchain which is a federated blockchain alternative to Ethereum 2.0 - created by Ethereum co-founder Gavin Wood.
BSY token is a valid utility token in the Bestay platform and is consistent with the goals of the home-sharing ecosystem.
BSY is used for the purposes of:
- Payment for the user's reservation on the system Website and Apps booking of Bestay
- Reward users in activities: introducing friends, bonus program, airdrop program, trading competition...
- Payment to 3rd-parties when providing services and products in the Bestay ecosystem
- Exchange between users
- Listed officially on major exchanges and the value is expected to increase