What Is Beam? (Beam)?
The $BEAM token serves as the native crypto asset for the Beam network, a gaming network empowered by the Beam DAO. Beam is an ecosystem where gamers and developers come together to shape the future of the gaming industry. One of its core components is the Beam SDK, which is a flexible software development kit that enables game developers to choose between a variety of tools that can be used to fuel and structure their in-game blockchain elements.
To interact with Beam, $BEAM is required. This is the native crypto asset used within the Beam network to pay for transactions. This not only includes transfers of assets but also involves all interactions with smart contracts on the Beam network, facilitating a seamless, immersive gaming experience.
Besides functioning as a gas token that fuels the Beam network, $BEAM is the heart of the governance of the Beam DAO. This decentralized autonomous organization (DAO) was brought to live in early 2021 to revolutionize the gaming industry. The $BEAM token allows its holders to participate in governance of this DAO.
How Many BEAM Coins Are There in Circulation?
BEAM launched after a token migration from $MC to $BEAM on the 26th of October. The circulating supply currently is 41,626,195,398, increasing through vesting tokens or more $MC tokens being migrated to $BEAM. The circulating supply is decreasing through buybacks and burns that happen over profit generated by the DAO.
Who Are the Founders of BEAM ($BEAM)?
BEAM is a gaming network created by the Merit Circle DAO. This decentralized autonomous organization (DAO) was brought to live in early 2021 to revolutionize the gaming industry. The $BEAM token allows its holders to participate in governance of this DAO.
As a decentralized autonomous organization, there is a flexible workforce that contributes to the success of our organization. The DAO has many talented actors working on behalf of the DAO.
Some of these are contracted by the DAO, others are contributing of their own accord. The sort of stakeholders varies from gamers, tokenholders and funds to corporations and other DAOs. From small to big, from known actors to (pseudo) anonymous actors.
Where Can I Buy BEAM ($BEAM)?
BEAM tokens can be traded on centralized crypto exchanges and decentralized exchanges. The most popular exchange to buy and trade Beam is Binance, where the most active trading pair BEAM/USDT has a trading volume of $41,046,928 in the last 24 hours. Other popular options include Uniswap V2 (Ethereum) and Bybit.