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Cryptocurrency News Articles
Beam (BEAM): Revolutionizing Gaming with Blockchain Integration
Apr 23, 2024 at 11:00 am
Beam (BEAM), the native token of the Merit Circle DAO, is now listed on INDODAX on the ERC-20 network. As a gaming network powered by blockchain technology, Beam provides true ownership over in-game assets, supports decentralized gaming through a DAO model, and serves as a medium of exchange within the Merit Circle ecosystem.
Beam (BEAM): Revolutionizing the Gaming Industry with Blockchain Integration
In a bold move to enhance the gaming experience and empower players, Merit Circle transitioned to BEAM as its native token in late 2023, paving the way for an augmented virtual world powered by blockchain technology.
Beam: A Gateway to the Future of Gaming
BEAM, the crypto asset that fuels the Beam network, is the cornerstone of a revolutionary ecosystem that connects gamers and developers, enabling them to shape the future of the industry together. At its core lies the Beam SDK, a versatile software development kit that empowers game developers with a multitude of tools to seamlessly integrate blockchain elements into their creations.
Fueling a Frictionless Gaming Experience
As the native currency of the Beam network, BEAM plays a vital role in facilitating transactions, including transfers of in-game assets and interactions with smart contracts. This seamless integration ensures an immersive gaming experience, where players can fully engage with the blockchain-enabled components of the game.
Empowering the Gaming Community
Beyond its function as a gas token, BEAM also serves as the heart of the Merit Circle DAO's governance mechanism. This decentralized autonomous organization (DAO), established in early 2021, was born out of a desire to transform the gaming industry by giving greater control to the player community. BEAM token holders are empowered to participate in decision-making processes, shaping the future of the gaming ecosystem.
Addressing Industry Challenges, Seizing Opportunities
BEAM aims to address the long-standing imbalance between players and developers within gaming ecosystems. By introducing BEAM tokens, players gain true ownership over their efforts and achievements in games, fostering a sense of empowerment. Additionally, the DAO model empowers the player community, giving them a greater say in the direction of the ecosystem. This approach fosters a fairer and more sustainable gaming environment, prioritizing the rights and interests of players.
Key Advantages of BEAM
BEAM offers a myriad of advantages, including:
- True ownership of digital assets and in-game accomplishments
- Decentralized gaming ecosystem powered by the DAO model
- Medium of exchange within the Merit Circle ecosystem
- Resaleability of digital assets in the secondary market
- Funding for web3 projects through the DAO treasury
BEAM's Diverse Applications
The versatility of BEAM extends beyond gaming:
- Gas token on the Beam network
- Governance for the Merit Circle DAO
- Delegation
- Validation
BEAM's Legacy: Creating a New Era of Gaming
BEAM (formerly known as Merit Circle) was founded in 2021 by Marco Van Den Heuvel, Mark Borsten, and Tommy Quite. Their vision for a gaming revolution laid the foundation for the innovative ecosystem that BEAM has become.
BEAM's Ranking and Market Performance
As of April 15, 2024, Beam (BEAM) holds the #59 position on CoinMarketCap, boasting a market cap of USD 1,611,504,970. With a circulating supply of 52,858,428,315 BEAM and a maximum supply of 62,955,102,600 BEAM, the token has established a strong presence within the crypto asset landscape.
Acquire BEAM on INDODAX: A Secure and Effortless Journey
INDODAX, a leading crypto asset exchange, offers a safe and user-friendly platform for investors seeking to acquire BEAM. Whether you prefer the convenience of the INDODAX Mobile App or the comprehensive features of the website, investing in BEAM is just a few steps away:
- Register or log in to your INDODAX account
- Deposit funds into your account
- Visit the INDODAX market and search for BEAM
- Enter the desired purchase amount or buy instantly at the current price
- Monitor price movements and sell your assets at a higher price
- Utilize the Limit method to place a sell order for a higher sell price
Beyond Trading: Expanding Your Crypto Horizons with INDODAX
INDODAX offers a suite of services to enhance your crypto experience:
- INDODAX Earn: Lock crypto assets and earn interest rewards
- INDODAX OTC: Execute large crypto transactions with personalized support and security
Embrace the transformative power of Beam (BEAM) and join the gaming revolution. Invest in BEAM today on INDODAX and experience the future of gaming empowered by blockchain technology.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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- Global crypto exchange Binance opened spot trading for ONDO, BIGTIME, and VIRTUAL today, April 11, at 14:00 UTC.
- Apr 12, 2025 at 07:45 am
- This action moves the tokens from Binance Alpha to the main Spot Market, though “Seed Tags” will be attached reflecting their newer status and associated risk factors.
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