BEAM Price(BEAM)

Beam by Merit Circle DAO is a gaming-focused blockchain platform that aims to revolutionize the way blockchain games are developed and played. It operates as a subnet on the Avalanche network, offering fast execution times and low transaction fees for in-game asset trade and other gaming-related operations. Beam has already gained popularity in the market, with over 180 crypto games listed on the platform.

Merit Circle DAO, the organization behind Beam, supports and promotes web3 gaming platforms and initiatives through a decentralized governance model. It invests treasury funds in gaming projects and provides support for the development of blockchain games. Beam is one of the major undertakings of Merit Circle, leveraging Avalanche's base architecture to provide a fast and cost-effective environment for players and game developers.

With its growing ecosystem of tools and applications, Beam offers features such as an automated market maker decentralized exchange, a bridging solution for token transfers, a block explorer, an NFT marketplace, and more. Despite being in its early stages, Beam has already attracted significant interest from the gaming community, with a wide range of games available on the platform.

Beam operates as a subnet on the Avalanche network, offering fast execution times and low transaction fees for gaming-related operations. As a gaming-focused blockchain platform, Beam aims to revolutionize game development and gameplay experiences. It leverages Avalanche's base architecture to provide users with fast processing times and low fees, which are crucial for the fast-paced nature of play-to-earn (P2E) games and in-game asset trading. Beam maintains its own set of validators, with plans to transition from a proof of authority (PoA) validation model to a proof of stake (PoS) model in the future. The platform currently offers essential tools and applications such as an automated market maker (AMM) decentralized exchange, a bridging solution for token transfers, a block explorer, an NFT marketplace, and a portal for exploring tools and apps on the chain.

Merit Circle DAO focuses on four key verticals to support gaming platforms and initiatives.

1. Merit Circle Investments: This vertical focuses on maximizing treasury value through investments in promising tokens, NFTs, and yield farms. By investing in these assets, Merit Circle DAO can provide financial support to gaming projects and contribute to their growth and success.

2. Merit Circle Studios: This vertical supports the development and incubation of new gaming projects. By providing resources, expertise, and guidance, Merit Circle DAO helps game developers bring their ideas to life and create innovative and engaging gaming experiences.

3. Merit Circle Gaming: This vertical provides gaming libraries, tools, and industry education to support the ongoing development of user and developer communities for existing games. By offering these resources, Merit Circle DAO helps gaming platforms and initiatives enhance their offerings and attract more players.

4. Sphere: Merit Circle's Marketplace: This vertical facilitates efficient trade in game assets by providing a marketplace and trading tools for player communities. By creating a platform for buying, selling, and trading in-game assets, Merit Circle DAO supports the growth and sustainability of gaming platforms and initiatives.

Through these key verticals, Merit Circle DAO provides comprehensive support to gaming platforms and initiatives, helping them thrive in the competitive blockchain gaming industry.

The main difference between Merit Circle's Beam project and the older privacy-focused blockchain is their focus and functionality. Merit Circle's Beam is a gaming-focused blockchain platform that aims to revolutionize the way blockchain games are developed and played. It operates as a subnet of Avalanche, offering fast execution times and low transaction fees for in-game asset trade and other gaming-related operations. On the other hand, the older privacy-focused blockchain with the same name, BEAM, is a separate project that focuses on privacy and anonymity in transactions. While both projects use the same token ticker, BEAM, they differ in their brand name capitalization and their primary objectives. Merit Circle's Beam is dedicated to gaming and game development, while the older BEAM project focuses on privacy and security in blockchain transactions.

The advantages of using Beam for game development and in-game asset trade are numerous. Firstly, Beam offers fast execution times and low transaction fees, which are crucial for the fast-paced nature of modern play-to-earn (P2E) games. This allows for seamless and cost-effective in-game asset trade, enhancing the overall gaming experience for players.

Secondly, Beam operates as a subnet on the Avalanche network, leveraging its base architecture. This provides technical and cost efficiencies, as compared to platforms based on Ethereum, which is known for network congestion and high gas fees. By utilizing Avalanche, Beam can offer a more efficient and affordable gaming environment.

Furthermore, Beam is an all-in-one gaming platform with a wide variety of games across different genres. This makes it a comprehensive portal for P2E games, positioning it as a major player in the blockchain gaming industry. With the growing popularity of blockchain gaming and the concept of the metaverse, Beam is well-positioned to benefit from the expansion of the crypto gaming niche.

Beam leverages Avalanche's base architecture to offer fast processing times and low fees by operating as a subnet on the Avalanche network. As an Avalanche subnet, Beam maintains its own set of validators while utilizing Avalanche's core security mechanism and key features such as fast transactions and low fees. This allows Beam to provide users with an environment that ensures quick execution times and cost-effective transactions, which are crucial for the fast-paced nature of blockchain gaming. Additionally, Beam is integrated with LayerZero, an interoperability omnichain protocol, which enables the minting of game assets as omnichain NFTs, allowing for easy transfer across chains. By leveraging Avalanche's architecture, Beam is able to provide a seamless and efficient gaming experience for both players and developers.

The Beam platform, developed by Merit Circle DAO, offers a range of tools and applications for gamers and game developers. Some of the tools and applications currently available on the Beam platform include:

1. Beam AMM Swap: This is an automated market maker (AMM) decentralized exchange that allows users to swap tokens.

2. Beam LayerZero Bridge: This is a bridging solution that enables the transfer of tokens between Beam and other blockchains.

3. Beam Block Explorer: This is a tracking platform that provides information on all BEAM transactions and statistics.

4. Sphere: This is an NFT marketplace where users can buy, sell, and trade in-game assets.

5. BeamOS: This is a portal that allows users to explore various tools and applications available on the Beam blockchain.

In addition to these tools and applications, the Beam platform also hosts a wide range of games, with over 180 games already listed on the platform. These games cover various genres and include popular titles such as Raini: The Lord of Light, Genopets, Big Time, and Shrapnel. The BEAM token is the native cryptocurrency of the Beam blockchain and is used for transaction fees and staking on the platform.