What is Beam (BEAM)?

Deep Dive

1. Purpose & Value Proposition

Beam aims to create a decentralized hub for next-gen web3 applications, particularly gaming and AI. Its value lies in merging high scalability (via Avalanche’s tech stack) with Ethereum’s developer ecosystem, allowing seamless deployment of EVM-compatible dApps. The network targets immersive experiences, from play-to-earn games to decentralized compute solutions.

2. Technology & Architecture

Beam functions as an Avalanche subnet, combining Avalanche’s consensus speed with Ethereum Virtual Machine (EVM) compatibility. Initially using Proof of Authority (PoA) for developer testing, it plans to transition to Proof of Stake (PoS) post-mainnet launch, where BEAM stakers validate transactions. This hybrid approach balances security, scalability, and decentralization while enabling low-cost transactions.

3. Tokenomics & Governance

BEAM serves four core functions:
- Gas token: Pays for transactions and smart contract interactions.
- Staking: Secures the network and earns rewards (post-PoS activation).
- Governance: Tokenholders vote on protocol upgrades and DAO-adjacent entities.
- Medium of exchange: Accepted by dApps, games, and services within Beam’s ecosystem.
The token has a fixed supply, divisibility to 18 decimals, and burns mechanisms to manage inflation.

Conclusion

Beam is a specialized blockchain merging gaming, AI, and decentralized infrastructure, powered by a multi-functional token designed for utility and community governance. As the network expands into DeFi and compute applications, how will its EVM compatibility and Avalanche-backed scalability position it against rival Layer 2 ecosystems?