Beam
About
Beam is a sovereign Layer 1 blockchain built on Avalanche's technology stack, designed specifically for web3 gaming and digital experiences. Originally launched as an Avalanche Subnet by Merit Circle DAO, it completed its Horizon upgrade in early 2025 to become a fully sovereign proof-of-stake L1. Beam powers a growing ecosystem of games, an NFT marketplace (Sphere), and DeFi primitives, with BEAM as the native gas and governance token.
Use Cases
Gaming gas token, NFT marketplace, game asset ownership, validator staking, DAO governance
Technology
Categories
Source
Market Sentiment
BEAM gaming optimism.
Report date: 2026-10-24
This is an analysis output, not investment advice.
+ Strengths
- +Dedicated gaming L1 with low fees and high throughput
- +Strong game portfolio (100+ games including Trial Xtreme, Walker World)
- +Sovereign post-Horizon upgrade removes Avalanche dependency
- +Thriving NFT ecosystem (Sphere marketplace)
- Weaknesses
- -MC-to-BEAM migration was confusing for holders
- -Sovereign L1 status means higher validator requirements
- -Competition from other gaming chains (Immutable, Saga)
Team
Marco van den Heuvel (founder), Mark Borsten (founder), Brandon Aaskov (CTO); Beam Foundation stewards the network
Launch
2023
Total Supply
58,470,000,000
Circulating Supply
51,300,000,000
Max Supply
58,470,000,000
