Beam (BEAM)
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About BEAM
The Beam network is a gaming ecosystem empowered by the Merit Circle DAO. At the core of Beam is the Beam SDK, a flexible software development kit that enables game developers to choose from a variety of tools to integrate and structure blockchain elements within their games. BEAM is required to interact with the Beam network, facilitating transactions, smart contract interactions, and a seamless gaming experience. Additionally, the $BEAM token is the heart of the governance of the Merit Circle DAO, a decentralized autonomous organization that aims to revolutionize the gaming industry, allowing token holders to participate in its decision-making processes.
Fact Sheet
News
Whales Dump Everything for iDEGEN's Listing
This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. 27th February is approaching fast, and something big is happening: large wallet holders are liquidating other positions to get…
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Spot LTC ETF Gains Traction With DTCC Website Listing as SEC Review Continues
The spot litecoin exchange-traded fund (ETF) run by Canary Capital has been added to the Depository Trust and Clearing Corporation (DTCC) website. While the listing marks progress, it does not secure approval from the U.S. Securities and Exchange Commission (SEC).…
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Ethereum Price Tumbles After Billion-Dollar Bybit Breach
Ethereum faced steep losses Friday after a security breach at Bybit drained an estimated $1.4 billion from the exchange. Ethereum Faces 2.6K Low Following the Hack—Can Recovery Hold? Bybit’s CEO confirmed on Feb. 21, 2025, that the platform lost a…
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NATIX Network Expands DePIN Ecosystem with VX360 - Drive and App Growth
This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. With an HQ in Hamburg, Germany and the team from all over the world – NATIX Network,…
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Bitcoin's Lightning Network Capacity Jumps 384%
A Fidelity Digital Assets report indicates that Bitcoin’s primary scaling solution is growing at roughly twice the rate shown by public data because much of its network activity remains private. The Lightning Network Is Growing and Institutions Are Taking Notice…
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Frequently Asked Questions about Beam
What is Beam (BEAM)?
The Beam ecosystem is a community-driven chain and ecosystem where gamers and developers collaborate to shape the future of the gaming industry. Beam Network is an open-source sovereign blockchain network focused on gaming. BEAM token is the native currency used within the Beam Network to pay for transactions and interact with smart contracts on the Beam Network, facilitating a seamless, immersive gaming experience.
How does Beam work?
Momentarily, Beam operates as an Avalanche subnet. In its developer preview mode, Beam employs a reputation-based Proof of Authority (PoA) consensus mechanism, enhanced with the Snowman protocol, which entrusts a selected group of reputable authorities to authenticate transactions and ensure the integrity of the blockchain.
What makes Beam unique?
In its developer preview mode, Beam operates under a reputation-based consensus method termed Proof of Authority (PoA), implying that one needs to acquire specific rights to build on it. These rights are provided by a 4 out of 8 multi-signature spread across various contributors of The Beam Foundation.
Where can I buy and trade Beam?
Beam (BEAM) is available on various centralized exchanges? such as Binance or Gate.io. Our Beam Markets page provides live BEAM prices, historical data, and market insights for informed trading.
What are the benefits of using Beam?
What sets Beam apart is its compatibility with Ethereum Virtual Machine (EVM), a highly advanced computational emulator that supports smart contract coding in Solidity. This cross-platform alignment allows developers to seamlessly port Ethereum-based applications onto Beam, opening a world of possibilities in building immersive, engaging games.
How can I store my Beam tokens securely?
BEAM tokens can be stored in Bitcoin.com Wallet or Metamask. A hardware wallet such as Ledger is a great option for those looking for enhanced security.
How can I build on Beam?
To learn more about building on the Beam Network, check out the technical documentation on Beam’s website.