Beam is a cryptocurrency that operates at the intersection of artificial intelligence, trading, and blockchain technology, aiming to innovate in the digital space.

How does Beam operate?

Beam operates using a blockchain called Sophon, designed for consumer entertainment, offering features like gasless transactions and social login.

What are the technical characteristics of Beam?

Beam is categorized under Ethereum ecosystem, governance, and gaming, with a focus on integrating blockchain elements into digital entertainment.

What are the risks associated with transferring Beam?

Users should verify asset and network before transferring assets, as digital asset prices can be volatile and transfers may be irreversible.

How can I verify the acquisition of Beam?

Verify the asset name, network, and destination details before transferring, and review the custody method for secure handling.

Where can I find official resources for Beam?

Official resources for Beam can be found on its website and technical documentation, which provide detailed information about the project.

Beam (BEAM)

Rank #200

Market snapshot

Price: $0.00138944
Market cap: $71.3M
24h volume: $2.5M
Circulating supply: 51,300,184,687
Total supply: 58,470,184,687
Max supply: 58,470,184,687

What is Beam?

Beam serves as an innovation lab that integrates artificial intelligence, trading, and blockchain technology. The Beam Foundation collaborates closely with its team to embed blockchain elements while prioritizing a gaming-first approach. This unique positioning allows Beam to explore new possibilities in digital entertainment and decentralized applications.

How Beam works

Beam utilizes a blockchain called Sophon, which is designed specifically for consumer entertainment. This blockchain supports gasless transactions, social login, and includes a distribution layer for applications. The Beam ecosystem collaborates with other networks, sharing infrastructure and communities through Guardian Node memberships. The Beam Foundation has also worked on deploying treasury assets on-chain through its incubator, Noon.

Key information

Symbol: BEAM
CMC rank: #200
Network / platforms: Beam, Base, BNB Smart Chain (BEP20), Ethereum
Categories: N/A
Date added: Oct 29, 2021

Token contracts on other networks

Contract addresses are stored from CoinMarketCap metadata and are shown as recorded. CoinLoom does not independently certify them as official.

Base
0x2a66d51407b84b82b5aff3dec4d49f72cbcd322a
BNB Smart Chain (BEP20)
0x62D0A8458eD7719FDAF978fe5929C6D342B0bFcE
Ethereum
0x62D0A8458eD7719FDAF978fe5929C6D342B0bFcE

Key characteristics

Beam is categorized under multiple tags including Ethereum ecosystem, governance, and gaming. Its blockchain, Sophon, is purpose-built for consumer entertainment, enhancing user experience with features like gasless transactions and social login. The Beam Foundation's collaboration with various entities further strengthens its infrastructure and community engagement.

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 Beam (BEAM)?: Beam is a cryptocurrency that operates at the intersection of artificial intelligence, trading, and blockchain technology, aiming to innovate in the digital space.
How does Beam operate?: Beam operates using a blockchain called Sophon, designed for consumer entertainment, offering features like gasless transactions and social login.
What are the technical characteristics of Beam?: Beam is categorized under Ethereum ecosystem, governance, and gaming, with a focus on integrating blockchain elements into digital entertainment.
What are the risks associated with transferring Beam?: Users should verify asset and network before transferring assets, as digital asset prices can be volatile and transfers may be irreversible.
How can I verify the acquisition of Beam?: Verify the asset name, network, and destination details before transferring, and review the custody method for secure handling.
Where can I find official resources for Beam?: Official resources for Beam can be found on its website and technical documentation, which provide detailed information about the project.

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