When reading information, always check the definitions/full form in the document to ensure that you have interpreted the information correctly.
BEEONE Platform - BeeOne is a marketplace that allows users to offer, sell and buy just about anything in a variety of pricing formats and locations. BeeOne also offers cash back, discount, price comparison and affiliate marketing platform where everyone can get access to different websites to save money for their spending.
BEE COIN - Bee Coin is our shared global reward currency and means a credit earned by a Member under the Scheme and credited to a Member's account; It is a virtual token (not a Cryptocurrency) created within beeone.co.uk website. BeeOne allows you to convert Bee Coins in your account to Crypto Carbon.
CRYPTOCARBON - CryptoCarbon is a form of digital currency which is created and held electronically. It is one of the first Ethereum based crypto currency in the U.K. CryptoCarbon belongs to a class of Bitcoin 2.0 (token) projects. Anyone can review the contract of the currency via independent blockchain explorer such as Etherscan. CryptoCarbon is issued using the EToken protocol, which is a set of Ethereum smart contracts.
Bee Pointz - It is BeeOne Loyalty Reward Points which you can collect via purchasing/retailing products/services offered through BeeOne platform.
BV - Business Volume collected via purchasing/retailing products/services offered through BeeOne platform.
BT - Business Token collected via purchasing/retailing products/services offered through BeeOne platform.
CT - Coin Token
CBT - Coin Business Token [BT + CT]
DP - Distributor (Affiliate) Price
RP - Retail Profit
Direct Sales BT - It is the total sales BT generated from monthly direct sales of BeeOne Products/Services purchases of the Affiliate and the total sales of the first level Customer/Affiliate personal referrals that purchase BT based Products/Services.
PTB - Pay Team Bonus
MTB - Match Team Bonus
PGBV - The amount of personal volume that is generated by yourself and your (non manager) group
PBV - The amount of personal business volume earned on products you personally purchased/sold
PGBT - Personal group business token (personal purchase/sales + level 1 purchase/sales + level 2 purchases).
PGCBT - Personal group coin business token (personal purchase/sales + level 1 purchase/sales + level 2 purchases).
REPURCHASE EARNINGS/CREDITS - Repurchase earnings/credits are the credits allotted by the company which can only be used towards purchases where repurchase credits are accepted on the company website. The repurchase credit will lapse if you don’t use it and it cannot be converted or withdrawn as cash earning.
TABV - Temporary Accumulated Business Volume
TGBV - Total Group Business Volume
Income Cap means the maximum income you can earn in a payout cycle unless otherwise specified elsewhere.
Note: All bonuses, commissions and other benefits set out in this Marketing Plan document are liable to be altered by the Company from time to time. The Company will give notice to Distributors of such alterations, by such means as shall be appropriate in the Company’s discretion. Distributors should check the current edition of the Marketing Plan on the Company website periodically.