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Cryptocurrency News Articles

Beam Hub: The New Era of Web3 Gaming

Aug 03, 2024 at 06:40 pm

Launched in 2019, the Beam Hub web3 gaming project has amassed global attention in a short time period, thanks to its assemblage of slick

Beam Hub: The New Era of Web3 Gaming

Launched in 2019, the Beam Hub web3 gaming project has quickly garnered global attention, thanks to its slick immersive games, high-end graphics, and exciting opportunities to earn in-game tokens including $BEAM.

Often dubbed as the “new era of Web3 gaming”, the Beam Hub gaming ecosystem operates on Beam blockchain and has several exciting games to offer including ‘Age of Battles’, ‘Space Nation’, ‘Goon Wars’, ‘Megaweapon’ among others. For serious game lovers, the Beam Hub project not only offers the old school adrenaline rush of high-end gaming but also an opportunity to earn and trade in-game tokens and NFTs.

In this article, we will explain all about the Beam Hub gaming ecosystem and how to earn in-game tokens including $BEAM.

Beam Hub is a cutting-edge gaming project built on the Beam blockchain, which operates as a subnet on the Avalanche network. Launched by the Merit Circle DAO, Beam strives to transform the gaming industry by integrating blockchain technology to enhance transparency, ownership, and user experience in gaming.

Through Beam, developers, and gamers can come together and craft the next-generation gaming experience with the virtue of digital assets.

Beam’s integration with LayerZero allows for the minting of game assets as omnichannel NFTs which also enables easy transfer across different blockchain networks. This interoperability provides a major advantage, enabling gamers to truly own and trade their in-game assets across multiple platforms.

Furthermore, Beam’s focus on user ownership and transparency addresses common frustrations in the gaming community, such as a lack of control over purchased items and in-game assets.

It is a real-time strategy game that players can use to hunt down their opponents and empires with the right deck of cards and powerful fighters. The card decks contain different attributes, including units, skills, spells, and abilities that all supplement each other.

Megaweapon is a fast-paced top-down shooter game built upon Beam which has announced the release of their their very first NFT collection on the Beam network somewhere in Q1, 2024.

Nekoverse is a play-to-earn MMORPG game that is powered by Solana blockchain technology and Beam Network. In this game, players can choose their ways to explore, connect with other players, and fight in PvE and PvP battles.

This is the space adventure MMORPG game that taking shape on the Beam blockchain. In Space Nation, players can build, upgrade, and conquer a space base. However, the game is under development with its Beta 2.0 launch.

To earn on Beam Hub, you can participate in a variety of activities and features designed to reward gamers:

You can earn by acquiring NFTs through gameplay and selling them on the marketplace like Sphere Market. If you are a scholar (a player using NFTs borrowed from a guild), you can sell your NFTs with the assistance of your Guild Manager, who will list them on the marketplace for you. The proceeds from the sale are then sent to your MetaMask address.

The Beam Hub frequently hosts events and competitions where players can win rewards. By joining these events, you can earn experience points (XP) and other prizes within the Beam ecosystem.

The Beam Hub Academy offers a range of learning materials and guides on web3 gaming. By engaging with these resources, you can complete tasks that may also reward you with XP and other incentives.

Beam leverages Avalanche’s architecture to provide fast transaction times and low fees, crucial for a seamless gaming experience. Initially, Beam operated on a proof of authority (PoA) model but plans to transition to proof of stake (PoS), aligning with Avalanche’s primary validation method.

The native cryptocurrency, BEAM, is used for transaction fees and will be used for staking once the transition to PoS is complete.

Beam has 10 times more blocks than Bitcoin, with an initial emission of 100 Beam coins per block in the first year. The first halving occurs after one year, then every four years, totaling 33 halvings. The smallest unit is Groth, named after Jens Groth. One Beam equals 100,000,000 Groth. The total supply is 262.8 million Beam coins (26,279,999,976,873,600 Groth).

Beam launched on January 3rd, 2019, with zero coins in circulation as there were no pre-mine or ICO. 90% of all Beam coins will be minted in the first 13 years of the 133-year emission schedule.

The Beam ecosystem offers a variety of tools and decentralized applications (DApps) that benefit both gamers and developers. Here are some crucial details about it:

The Beam Companion App is the go-to gaming partner, allowing players to manage their in-game assets effortlessly while on the move.

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