Beam (BEAM) is the native token of Beam, a blockchain network focused on gaming. It was launched by Merit Circle, a decentralized autonomous organization (DAO) that supports Web3 gaming.
BEAM replaced the earlier Merit Circle (MC) token through a 1:100 migration. It has no connection to the older privacy coin that also used the name Beam.
The Beam network is a gaming chain built on Avalanche technology. It uses Avalanche's performance but runs as its own sovereign network, and all transaction fees on it are paid in BEAM.
BEAM also exists as an ERC-20 token on Ethereum. It is used for smart contract execution and in-game asset transactions, so it works as the network's core infrastructure.
Data provided by CoinGecko
Besides paying gas fees, BEAM is used for governance in the Merit Circle DAO. Part of every transaction fee is burned, which can reduce the circulating supply when the network is busy.
The ecosystem centers on gaming and is expanding into NFTs, artificial intelligence and real-world assets (RWAs). Its goal is a shared space where developers, creators and users build digital experiences together.
Beam's main features are its gaming-focused infrastructure, DAO-based governance and use of Avalanche technology. These may make it easier for game studios to add blockchain features.
However, Web3 gaming is highly competitive, user adoption is uncertain, and token values can be very volatile. Regulatory and technical risks also apply, so readers should check official sources themselves.
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