What is Beam?
Beam is a comprehensive blockchain platform focused on delivering innovative gaming solutions. It leverages secure, privacy-enhanced technologies to provide gamers with a decentralized ecosystem. The platform integrates blockchain functionalities with gaming by enabling safe, fast, and confidential transactions using the BEAM token.
Beam goals
The purpose of Beam is to revolutionize the gaming experience through blockchain technology. It aims to tackle challenges such as slow transaction speeds and insufficient privacy in traditional gaming systems. The platform offers diverse use cases including seamless in-game transactions, asset tokenization, and a robust framework for developer innovation and community governance.
Beam fondamentals
The BEAM token is the core currency powering Beam, facilitating transaction fees, validator rewards, and governance participation. It is supported by a structured distribution plan with allocations for community incentives and developmental progress. Additionally, buyback and burn mechanisms are in place to manage the token supply effectively, with a total supply of 58510524305 BEAM and a market cap of $418554501.
Marketcap
$0.4185545B
Total number of Beam
58510524305 BEAM
Beam technology
The technology behind Beam is built on a blockchain that employs the MimbleWimble protocol to ensure confidential and efficient transactions. It operates as a specialized subnet on the Avalanche network, which offers high scalability and EVM compatibility. Supported by a robust suite of developer tools and APIs, the platform enables seamless integration of gaming applications, secure asset transfers, and decentralized governance.
Beam competitors
Beam differentiates itself by combining advanced privacy features with a dedicated gaming ecosystem that offers specialized tools for developers. Its competitive advantages include the use of cutting-edge cryptographic protocols and a focused approach to gaming, which sets it apart from generalized blockchain projects. The platform’s comprehensive suite of functionalities allows it to outperform competitors by delivering superior security, efficiency, and user engagement.
Beam price history
Frequently asked questions
Beam is a blockchain ecosystem designed specifically to enhance the gaming experience. It integrates secure transaction capabilities with a dedicated platform for both developers and gamers. The system leverages the BEAM token to facilitate fast and confidential interactions within the gaming community.
Beam employs advanced cryptographic techniques, including the MimbleWimble protocol, to protect transaction data. This ensures that transaction details remain confidential and are accessible only to the involved parties. The enhanced privacy measures contribute to a secure and trustworthy gaming environment.
The BEAM token serves multiple critical roles such as powering transaction fees, rewarding validators, and enabling governance decisions. It acts as the fuel that supports seamless and secure interactions on the platform. Additionally, it underpins the economic model that fosters community growth and long-term sustainability.
Beam is built as a specialized subnet on the Avalanche network. This integration ensures high scalability and efficient processing of large volumes of gaming transactions. The platform also benefits from EVM compatibility, which simplifies the development and deployment of smart contracts.
Beam sets itself apart by combining rigorous privacy measures with a gaming-specific ecosystem. It offers unique developer tools and a comprehensive suite of APIs that streamline game development and integration. These features, along with robust governance and secure transaction protocols, give it a competitive edge over traditional gaming platforms.
Yes, Beam incorporates buyback and burn mechanisms to manage the BEAM token supply over time. This approach helps in maintaining the token's value and reducing inflation. The burning mechanism is a key part of the token economics designed for long-term economic stability within the ecosystem.
Beam supports a wide array of use cases including in-game purchases, asset tokenization, and decentralized finance applications specific to the gaming industry. It provides a secure platform for both gamers and developers to interact and innovate. The platform also enables the creation of NFTs and community-driven governance models, enriching the overall gaming experience.
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