Question 1

What is BloomBeans?

Accepted Answer

BloomBeans is a Bitcoin-backed, MiCA-compliant peer-to-peer protocol designed to experience p2p finance beyond banking — the first cohesive blockchain alternative to debt-based systems.

It features its own currency (BEAN), and a suite of user-created on-chain instruments (CFAs), that, together with decentralised markets  — facilitate the first transparent, autonomous, and mathematically governed financial ecosystem.

Question 2

What is BEAN?

Accepted Answer

BEAN is the native ERC-20 utility token and the base currency of the system. It is the only asset used to mint STAs and the only asset in which STA rewards are distributed. BEAN launches with an initial supply of 1,000,000 and a hard cap of 21,000,000,000, reached gradually over roughly 220 years through an algorithmic supply mechanism. BEAN confers no ownership interest, dividend right, or claim against any legal entity.

Question 3

What is a Smart Trustless Asset (STA)?

Accepted Answer

An STA is a fully on-chain, self-contained ERC-1155 economic instrument. Every parameter and the reward logic are stored inside the token itself; it points to no external asset, server, custodian, or institution. The available types are Savings, Income Stream, Retirement, Secure, and Loan. There is no issuer. It is the user that mints and manages their own STAs.

Question 4

What problem is BloomBeans trying to solve?

Accepted Answer

It aims to deliver everyday economic functions — saving, long-term commitment, protection, recurring distributions, and self-collateralized borrowing — natively on-chain, self-custodied, and without intermediaries, inside a single coherent system rather than as fragmented experiments.

Question 5

Is BloomBeans a bank, a fund, or a financial-services company?

Accepted Answer

No. BloomBeans is a protocol. It takes no deposits, holds no customer assets, issues no financial instruments, and provides no banking, investment, insurance, or pension services. Participants self-custody their BEAN and STAs at all times.

Question 6

What are the STA product types?

Accepted Answer

Savings (accumulating BEAN rewards over a chosen period); Income Stream (periodic BEAN distributions); Retirement (long-duration commitment); Secure (open-ended protection-type capital accumulation vehicle); and Loan (self-collateralized BEAN borrowing against an existing STA).

Question 7

How is an STA different from an NFT or an RWA token?

Accepted Answer

An NFT points to external content (an image, metadata); an RWA token points to an external legal asset (a bond, a property title) and depends on the institution behind it.

An STA points to nothing external — all of its economic data lives inside the token, with no issuer, custodian, or counterparty. That is why it carries no issuer-default or custodian risk.

Question 8

What is the relationship between BloomBeans and Bitcoin?

Accepted Answer

Across managed liquidity, BEAN is paired exclusively against Bitcoin. As demand for BEAN grows, so does demand for Bitcoin, which functions as the system’s de facto reserve asset. BloomBeans does not modify Bitcoin in any way; it adds an economic layer on top of it.

Question 9

What is the in-code referral and “voluntary tax” mechanism?

Accepted Answer

The referral system is single-tier and written into the smart contracts: a BEAN reward is generated only when an STA is actually minted, never for sign-ups or recruitment, and there is no multi-level structure. The voluntary contribution feature lets a participant direct their own referral reward to any on-chain address they choose — a public-good fund, an NGO, a community DAO. It is opt-in, is not a tax, and does not replace any legal tax obligation.

Question 10

Who created and who runs BloomBeans?

Accepted Answer

Governance during the current phase is exercised by the BloomBeans Foundation, a private-interest foundation, through a multi-signature mechanism requiring consensus among its core participants. The Foundation’s mandate is limited to non-protocol matters and is designed to transition to a community DAO. The protocol’s economic rules are not controlled by anyone once deployed.

Question 11

Is the project finished? What is on the roadmap?

Accepted Answer

BloomBeans is delivered in stages, stated openly. The early phase focuses on proving the architecture with real users and an STA marketplace, followed by the Foundation-to-DAO transition. A peer-to-peer stable currency and a dedicated economic blockchain are longer-term roadmap items, not preconditions — the system is fully viable on Ethereum and its L2s today.

Question 12

How can I verify that the project is real?

Accepted Answer

The smart contracts are deployed on Ethereum and verifiable on Etherscan; the source code is published under an MIT licence; the BEAN MiCA white paper has been notified to the CNMV; and the project holds formal legal opinions from ATH21, S.L.P. and an independent security audit.

Frequent Asked Questions