The live price of Beam is - per (BEAM / USD) with a current market cap of $393.49M USD. 24-hour trading volume is - USD. BEAM to USD price is updated in real-time. Beam is -% in the last 24 hours with a circulating supply of 49.47B.
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The $BEAM token (formerly known as MC) is the native cryptocurrency of the Beam network, a gaming network empowered by the Merit Circle decentralized autonomous organization (DAO).
Beam is a collaborative platform where the gaming community — including both players and developers — can work together to advance the gaming industry. A core element of the ecosystem is the Beam SDK, a multifunctional toolkit designed for game creators. The SDK offers a suite of tools that enables developers to integrate and build blockchain components within their games.
The $BEAM token is essential for facilitating interactions within the Beam ecosystem. It serves as the primary cryptocurrency for executing transactions on the Beam network. Beyond asset transfers, $BEAM also allows users to interact with smart contracts on the network, helping to deliver engaging gaming experiences.
In addition to being a transaction medium within the Beam network, $BEAM also plays a vital role in governance through the Merit Circle DAO. Founded in early 2021, the DAO aims to revolutionize the gaming industry. Holders of the $BEAM token have a voice in the decision-making processes of the DAO.
BEAM was officially launched in October 2023, transitioning from the $MC token. Its current circulating supply is 49,539,960,394 tokens. This number may increase over time as vested tokens are released or more $MC tokens are converted to $BEAM.
BEAM was created by the Merit Circle DAO, a decentralized autonomous organization founded in early 2021 with the mission to revolutionize the gaming industry. Holders of the $BEAM token have the right to participate in the governance of the DAO.
The Merit Circle DAO team is globally distributed, with some members working under formal contracts and others contributing voluntarily. The ecosystem's stakeholders are diverse and include gamers, token holders, investment funds, companies, and other DAOs. Participants vary widely, from well-known individuals to pseudonymous or anonymous contributors.
BEAM is the native token of the Beam network and shares the same use cases as its predecessor, the MC token. Its main purposes include:
The Beam to other currencies exchange rate?
