Moonbeam (GLMR)
Rank #951
Market snapshot
- Price
- $0.00751574
- Market cap
- $9.0M
- 24h volume
- $3.8M
- Circulating supply
- 1,203,882,940
- Total supply
- 1,241,178,903
- Max supply
- N/A
What is Moonbeam?
Moonbeam is designed to provide a comprehensive blockchain infrastructure that supports multiple applications. It focuses on enabling developers to build and connect decentralized applications (dApps) across various sectors, including gaming and finance.
How Moonbeam works
Moonbeam operates by allowing developers to deploy smart contracts and dApps that can interact with other networks. It leverages a shared public ledger to facilitate transactions and maintain a record of activities on the network. This enables seamless integration with various blockchain ecosystems.
Key information
- Symbol
- GLMR
- CMC rank
- #951
- Network / platforms
- N/A
- Categories
- N/A
- Date added
- Jan 11, 2022
Key characteristics
Moonbeam features a decentralized architecture that supports smart contracts and dApps. It is categorized under several tags, including layer-1, smart contracts, and the Binance ecosystem. Moonbeam is also part of the Polkadot ecosystem, allowing interoperability with other blockchains.
Official resources
Risks
Digital asset prices can be volatile and can change materially. Users should verify the contract address and network before transferring assets. Self-custody requires secure private-key and recovery-phrase handling. Centralized platforms can involve operational, custody, and counterparty risk. Availability and regulatory treatment can vary by jurisdiction. Transaction finality and reversibility can differ by network.
Transfer and custody notes
Verify the asset name, network, and the destination details before transferring. Verify destination address and network before sending assets. Review the custody method, including self-custody versus a third-party platform. Understand that transfers may be irreversible and that CoinLoom does not confirm exchange availability.
FAQ
- What is Moonbeam?
- Moonbeam is a blockchain platform designed to facilitate mainstream blockchain infrastructure, supporting applications like Real World Assets (RWAs), gaming, and decentralized finance (DeFi).
- How does Moonbeam operate?
- Moonbeam allows developers to deploy smart contracts and dApps that can interact with other networks, utilizing a shared public ledger for transaction facilitation.
- What are the technical characteristics of Moonbeam?
- Moonbeam features a decentralized architecture that supports smart contracts and is categorized under layer-1 and smart contracts, as well as being part of the Polkadot ecosystem.
- What are the risks associated with transferring Moonbeam (GLMR)?
- Digital asset prices can be volatile. Users should verify asset and network before transferring assets and understand the risks of self-custody.
- Where can I find official resources for Moonbeam?
- Official resources for Moonbeam can be found on their website at https://moonbeam.network/ and their GitHub repository at https://github.com/moonbeam-foundation/moonbeam.
Related cryptocurrencies
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