What is BEAMX

1. Project Introduction
The $BEAM token is the native cryptocurrency of the Beam network, a gaming network supported by Merit Circle DAO. Beam serves as a comprehensive ecosystem that brings together gamers and developers to shape the future of the gaming industry. One of its core components is the Beam SDK, a flexible software development toolkit that allows game developers to choose from a variety of tools to support and build blockchain elements within games.
Summary: Besides powering the Beam network as a gas token, $BEAM is central to Merit Circle DAO governance. Launched in early 2021, this decentralized autonomous organization (DAO) aims to revolutionize the gaming industry. $BEAM token holders can participate in the governance of the DAO.
2. Team & Investment Info
Marco van den Heuvel, Co-Founder—Previously a marketing intern at Barenbrug Holland BV from 2017 to 2018, Marco later co-founded HappyMod (a blockchain company focused on community and marketing management), where he served as Chief Marketing Officer for a year. He later led operations at CMMC and founded a consultancy in the same field.
Tommy Quite, Co-Founder & CFO—A passionate supporter of the Bitcoin Foundation from 2014 to 2018. He later served as Community Manager at Civic Technologies for two years and co-founded Caltrix from 2018 to 2021.
Funding: The project raised $4.5 million in a seed round on 2021-10-07, followed by $105 million through an IDO on 2021-11-05. Seed round investors include top blockchain venture funds like Binance Lab, DeFiance Capital, Spartan Group, Yield Guild Games, and angel investors like gmoney.9dcc.eth, Alex Svanevik (Co-founder of Nansen), and Bobby Ong (COO of CoinGecko).
3. Social Media URLs
X: https://x.com/BuildOnBeam
Telegram: https://t.me/meritcircle
Discord: https://discord.com/invite/meritcircle
4. Token Info
Token Symbol: BEAM
Total Supply: 62,434,008,330
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x62D0A8458eD7719FDAF978fe5929C6D342B0bFcE
Token Distribution:
1-to-1 token swap with the original Merit Circle token $MC.
5. Related Links
Official Website: https://onbeam.com/
White Paper: https://docs.onbeam.com/chain
Other Info: https://apps.apple.com/pl/app/beam-companion/id6467641736
https://bridge.onbeam.com/bridge