Developing blockchain games presents unique challenges compared to traditional game development. Incorporating blockchain features like smart contracts, decentralized asset ownership, and on-chain economies demands specialized tools and expertise. Beam addresses these challenges by offering a comprehensive, developer-focused ecosystem designed to accelerate Web3 game creation and player engagement.

What Is Beam?

Beam is a blockchain gaming ecosystem designed to empower both game developers and players. It aims to simplify the complexities of blockchain game development by providing developers with comprehensive APIs and SDKs, maximizing game potential. Operating as a subnet on the Avalanche network, Beam aims to create an improved gaming experience through blockchain technology.

By leveraging Avalanche’s fast, low-cost blockchain environment, Beam addresses one of the biggest blockers in blockchain gaming: high transaction fees. Beam’s low-fee policy enables microtransactions and high-volume interactions, critical for immersive gameplay and in-game economies.

Beam is fully EVM-compatible, allowing developers familiar with Ethereum’s Solidity programming language to port existing projects or build new ones easily. This compatibility also supports integration with Ethereum tooling and wallets.

The network operates on a Proof-of-Authority (PoA) consensus mechanism, where a trusted set of validators, selected based on reputation and reliability, secure transactions and maintain scalability without compromising decentralization significantly.

Core Components of the Beam Ecosystem

Beam offers a suite of interconnected tools and platforms designed for developers and players:

• Beam Companion App: A mobile wallet and asset manager tailored for blockchain games, letting players securely view, trade, and manage in-game NFT assets.
• Sphere NFT Marketplace: A dedicated marketplace for gaming NFTs, facilitating easy minting, buying, and selling of unique digital items linked to Beam games.
• Beam Swap: A decentralized exchange for cryptocurrency trading and liquidity pool transactions.
• Beam Bridge: Cross-chain interoperability tool that connects Beam assets with other blockchains, facilitating smooth asset transfers and expanding user reach.
• Beam Hub: A Web3 gaming portal offering curated games, tutorials, and reward programs designed to onboard and educate players new to blockchain gaming.

The Team Behind Beam

Beam was launched in 2023 by Merit Circle, a leading decentralized gaming ecosystem founded in 2021 by Marco van den Heuvel (CEO) and Tommy Quite (CFO).

• Marco van den Heuvel brings strong expertise in blockchain community building and marketing. His background includes founding blockchain service startups like HappyMod and CMMC Start.
• Tommy Quite has experience in crypto advocacy and investment, having worked with the Bitcoin Foundation and blockchain startups such as Civic Technologies, Caltrix Capital, and Flow Ventures.

What Is the BEAM Token?

BEAM powers millions of transactions across the Beam ecosystem’s games and apps, acting as the essential asset behind the network’s activity.

$BEAM functions as the gas token, fueling every transaction on the Beam network, from trading on Beam Swap and bridging assets with Beam Bridge to managing NFTs on Sphere and interacting with Beam Companion.

Key Roles of BEAM:

• Validation: Token holders can validate, delegate, and secure the Beam subnet, guaranteeing fast and reliable network operations.
• Governance: BEAM holders participate in governance by proposing and voting on ecosystem changes, shaping Beam’s future.
• Means of Payment: Use BEAM to purchase in-game NFTs, tokens, and services within the Beam ecosystem.
• Staking and Rewards: Farm SP points on Sophon by staking $BEAM, accessing additional benefits and incentives.

Beam implements a buy-and-burn mechanism, reducing the BEAM supply over time and promoting long-term scarcity and value appreciation.

BEAM Tokenomics & Performance

The BEAM token has a market capitalization of $137.5 million, with a 24-hour trading volume of $8.68 million. The fully diluted valuation (FDV) stands at $162.53 million. The ratio of 24-hour volume to market cap is 6.85%. Currently, there are approximately 71.69k BEAM holders. The total supply of BEAM tokens is 68.47 billion, while the circulating supply is 49.46 billion.

Trade BEAM on Tothemoon

BEAM is available for trading on Tothemoon, a user-focused crypto trading platform offering secure access to digital assets. Whether you're looking to acquire BEAM for governance participation, means of payment, or staking, Tothemoon provides an easy experience.

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Why Trade CRV on Tothemoon?

• Secure Transactions: Advanced security protocols to protect your funds and personal data.
• User-Friendly Interface: Designed for both new users and DeFi pros, with intuitive tools and clear asset tracking.

Conclusion

Beam offers a compelling and developer-centric solution to the challenges of blockchain game development. By building on Avalanche’s fast and low-cost infrastructure, providing robust tooling, and fostering a vibrant ecosystem, Beam aims to accelerate the adoption of Web3 gaming.

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