Fed Up With Honey and Pollination, Bees Switch to Cryptocurrency

Bee feeders today function primarily to dispense water, bee feeding supplements, or treatments to world or domestic bees. An inventor by the name of Paul Stamets, a mycologist and entrepreneur, wants to add a new function to this list: monetization using cryptocurrency.

Stamets’ recently published patent application describes a labyrinthine bee feeder (LBF) capable of monitoring and recording bee visits. As bees visit the LBF, the system is able to credit cryptocurrency to a user’s account, based either on a quantity of visits or a type of pollen detected. This monetization of LBFs ties a cryptocurrency to a reliable and tangible benefit to farmers, wholesalers, manufacturers, and consumers.