beam logo
Beam
BEAM
$0.02

Sector

Gaming

Exchange Debut

2023-10-31

Market Cap

958,850,510

Maxim Supply

Circulating Supply

49,466,004,168

Circ. Supply(%)

beam logo

Beam

BEAM

Price

$0.02

Market Cap

Sector

Exchange Debut

958,850,510
2023-10-31

Volume 24h

High 24h

Low 24h

18395427
0.01943690551
0.016975703366

Change 24h

Change 7d

Change 30d

9.5998
-10.1017
-23.6252

Maxim supply

Circulating supply

Circulating supply(%)

49,466,004,168

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Beam-BEAM cryptocurrency:

Beam, as a crypto asset for the Beam network, intertwines gaming and blockchain, fostering a novel ecosystem through its Beam SDK. This facilitates developers in incorporating blockchain elements into games. While the fundamental analysis of the Beam – BEAM cryptocurrency reveals a mixed bag of strengths and weaknesses, its overall score stands at 5.55 out of 10, reflecting its potential yet highlighting areas needing improvement.

SOCIAL & MASS MEDIA: Score 6 out of 10

The fundamental analysis of the Beam – BEAM cryptocurrency in social and media aspects reveals moderate success. Its impressive ability to attract followers and active social media administrators are significant strengths, scoring 10 and 9 respectively. However, community activity and media presence lag behind, both scoring 4, suggesting a need for enhanced engagement strategies.

AUDIT & SECURITY: Score 4.05 out of 10

In terms of audit and security, the fundamental analysis of the Beam – BEAM cryptocurrency shows room for improvement. The low score of 3 in audit results is a concern, indicating potential vulnerabilities. However, liquidity on exchanges is a strong point, scoring 9, demonstrating robust market confidence.

TOKENOMICS: Score 6.5 out of 10

The token economy aspect of Beam – BEAM’s fundamental analysis presents a balanced picture. An 8 out of 10 score for its inflationary aspect suggests a well-thought-out approach to token supply. However, a score of 5 for monetary mass centralization indicates a need for greater decentralization.

ECOSYSTEM DEVELOPMENT: Score 4.8 out of 10

In ecosystem development, Beam – BEAM scores 4.8. Achievement of objectives is relatively strong at 7, but future project developments score only 4.5, hinting at uncertainties or slower-than-expected progress in innovation and expansion.

TEAM & DEVELOPERS: Score 3.4 out of 10

The team behind Beam – BEAM, crucial in any fundamental analysis, scores low at 3.4. While the team’s experience is somewhat acknowledged with a score of 4, the notably low number of software developers, scoring 1, raises questions about the project’s developmental capacity.

PRODUCT & UTILITY: Score 7.08 out of 10

The product and utility aspect stands out in the fundamental analysis of the Beam – BEAM cryptocurrency. A high score of 7.8 for the utility of the product underlines its relevance and effectiveness. The token’s utility in the ecosystem, scoring 6, also shows promise, although there’s room for enhancement.

PARTNERS & INVESTORS: Score 5.5 out of 10

The partners and investors component of Beam – BEAM scores moderately. The project has attracted some noteworthy investors and partners, scoring 6 and 5 respectively. This indicates a degree of market confidence, though further growth in this area could bolster the project’s stature.

Fundamental analysis of the Beam-BEAM cryptocurrency – The final conclusion

In concluding the fundamental analysis of the Beam – BEAM cryptocurrency, the project presents a unique intersection of gaming and blockchain technology, marked by notable strengths in product utility and social media presence. However, concerns in team composition, ecosystem development, and certain security aspects cannot be overlooked. These mixed results, culminating in an overall score of 5.55, suggest a project with potential, yet one that requires cautious consideration for investment, particularly in light of its developmental and security challenges. The innovative approach in the gaming sector does offer an interesting investment opportunity, but it’s accompanied by risks that warrant careful assessment.

What is Beam?

Beam, underpinned by its native crypto asset $BEAM, is a pivotal component of the Merit Circle DAO’s gaming network. This ecosystem fosters collaboration between gamers and developers, aiming to reshape the gaming industry. The Beam SDK stands as a key element, offering a versatile toolkit for game developers. This software development kit aids in integrating various blockchain elements within games.

Functionality and Governance Role $BEAM is essential for interactions within the Beam network, covering transactions and smart contract engagements. Its role extends beyond a mere transactional token, acting as the lifeblood of the network’s governance. By holding $BEAM tokens, participants gain a voice in the governance of the Merit Circle DAO, a decentralized autonomous organization established in early 2021 with the goal of transforming the gaming sector.

The Decentralized Nature and Stakeholder Diversity The decentralized nature of the Merit Circle DAO, the creator of BEAM, means it relies on a flexible and diverse workforce. Stakeholders in this DAO vary extensively, encompassing gamers, token holders, funds, corporations, and other DAOs. These contributors range from well-known entities to pseudo-anonymous individuals, each playing a unique role in the DAO’s operations.

Fundamental analysis of the Beam-BEAM cryptocurrency

Beam - BEAM performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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