BeeToken might be an exciting Project but comes with caveat that most investors are unaware of, in BeeToken's much created hype.
BeeToken is headed by "Jonathan Chou" who used to work in Uber as a simple Software Engineer up until Aug 2016. Can be cross referenced from his articles in Quora.com
The private investors are given 60% - 100% bonus tokens to friends, families, relatives, advisors, which by all means will burn small investors once BeeToken opens up for everyone on 31st Jan. In my view this is an unfair practice as all other icos do not reward more than 30% in form of bonuses to early investors and advisors, and generally the distribution is spread over couple of years for investor retention. Can be cross verified from their telegram channel where the admins admitted it to few users. They need to disclose this information in their white paper.
It can be safely deduce from point # 2, this token is a scheme to benefit BeeToken's F&Fs by creating an artificial hype of the price which starts at 0.14$ to provide huge gains followed by massive sale out. Who loses in the end is going to be the small investor who invests after 31stJan2018.
The BeeToken demands credibility documents such as property documents, etc to be shared by private investors where the minimum contribution amount that they can make is 50 ETH or 43,500 $ in todays ETH price on 3rd Jan 2018. Question that arises is, who checks their credibility.
BeeToken has notably taken the entire idea from LockChain.co ico that finished pre-sale in Nov2017 and is already having a ready pilot with 600+ registered properties soon to be added with 100,000 properties by end of Jan 2018.
The Team as per point # 5 lacks even on creativity part and vision, since they went to an extent of copying LockChain.co Slogan of "0% commission on Bookings: as well, which further raises the concern what exactly they are going to do with so much capital that is being raised at the moment. One understandable reason is raising up ICO is for monetary gains rather than developing a brilliant product.
In the case where BeeToken is sued by LockChain.co in the future since BeeToken is registered in USA. The investors risk losing all their money in legal battle inform of legal payouts to LockChain.co.
The foremost important question for investor is, why does a company that would own no assets are looking to raise 15 Million $ of capital. The answer to that would be, most investor money will be spent in making payouts for media for creating artificial hype, ordering Lambos for F&Fs, Whereas companies such as "Zipper" ICO who have worked on the entire new OS "SelfFish" built up on Android layer known as the only "BlockChain OS" needed only to raise a minimum of 500,000$ and a max cap of 3mil$ up until 4th Jan 2018. I would not find it strange if google tells you that creating an OS at times cost in Billions. Similarly LockChain raised about 7 million.
Having said all above, I will leave it open for people to do their own analysis about BeeToken considering the last point if it makes logical sense.
In my view, BeeToken should not focus on creating hype but should focus on what value they bring on the ico table, where there will compete with existing players in the market who may rip them apart due their least extravagant use of raised funds during ico, or perhaps BeeToken already has a a plan of raising few 100s or more millions in BeeToken ICO 2.0. ICOs that have high-burn outs get wiped off from the crypto market in 6 months.