The Beam network, a blockchain-powered platform for the gaming industry, was established by a varied team of founders. This group consists of Alexander Zaidelson, Alex Romanov, Aleksei Liutykh, Vadym Ovcharenko, Andy Bromberg, Ian Wisbey, Miranda Cole, Marco Van Den Heuvel, Guy Corem, Bo Dong, Jose Dias, and Natallia Catarina. Their combined skills across multiple fields helped shape the project's core structure and innovative goals.
Beam was created with the aim of transforming gaming by integrating blockchain technology to provide a decentralized, immersive space for both developers and players. The founders planned for the community to help guide the ecosystem, supported by the Beam SDK. This toolkit allows developers the flexibility to add blockchain features to their games, improving the user experience.
The network’s native token, $BEAM, is central to the system. It is used for paying transaction fees, interacting with smart contracts, and serving as a governance token within the Merit Circle DAO. This decentralized autonomous organization reflects the founders' desire for a collaborative gaming industry where stakeholders can influence the platform's development.
The Beam network and its $BEAM token were officially launched after a token migration, representing a key milestone. The circulating supply of $BEAM is actively managed through vesting, migration, buybacks, and burns, demonstrating the project's focus on sustainable growth and value for its community.