The Root Network is an L1 blockchain built by Futureverse to enable seamless user experience and support data interoperability of digital assets.

Are you a developer searching for a network that simplifies user experience and onboarding for the open metaverse? Or perhaps a user looking forward to a superior web3 experience? The Root Network is the new bridge to a world-class experience on the open metaverse in which anything can be connected to anything else.

 built by Futureverse to enable seamless user experience and support data interoperability of digital assets. 

 is a metaverse operating platform consisting of various decentralized protocols and infrastructures that work together to create a seamless metaverse user experience.

As a Futureverse core element, the network looks to support developers in creating community-owned applications and persuade more creators to join the open metaverse by providing an exceptional 

As we integrate more of our social and economic systems into the digital space, the Futureverse team believes embracing the open metaverse is vital — a singular, secure and open experience for all. Currently, a handful of big players in the digital space are consolidating different sectors, such as media and commerce or finance and gaming, to maintain their grip on economies and their influence on how customers think. 

The open metaverse promises an internet and digital economy future where everyone can participate in shaping the inevitable destination of everything valuable that we’ll create. As a decentralized blockchain network, The Root Network will form the base of the open metaverse as envisioned by Futureverse.

The Root Network's core blockchain infrastructure consists of the best web3 components, with a deliberate focus on better user onboarding. In the past, many users have found web3 too complicated and unsafe, far more than Web 2.0. The Root Network is looking to change this by creating easy movement across applications and supporting permissionless asset transfer, among other benefits.

To achieve these goals, The Root Network relies on three key elements: Substrate Core, 

 (EVM) support and a multi-token economy, a feature that makes it a standout among its competitors.

Substrate serves as the core of The Root Network. Its technical capabilities offer critical chain runtime customization and flexibility for optimized user experience. The Root Network also looks to leverage the Substrate network's established developer community. Its network runs integrated EVM compatibility, which allows the protocol to read and execute Solidity 

. Thanks to this convenient feature, code previously written for 

 can also be run natively on The Root Network.

In line with its core mandate of enabling seamless user experience, Futureverse has adopted a multi-token economy in which ROOT, the main network’s token, is separated from the gas token to address high gas fees and the demotivating illiquid block rewards for node operators.

To provide more liquid and valuable block rewards, the network has partnered with industry-leading finance networks, Ripple and XRPL, to offer users block rewards in XRP. 

 (DApp) in Futureverse doesn’t need to understand the gas concept. The team has created an in-chain 

 exchange system that uses the DApp’s native token. Alternatively, users can allow the developer to pay on their behalf through delegation.

By developing liquidity pools for the native token and the network gas token, node validators can receive the gas tokens as rewards for producing blocks. 

 consensus mechanism that allows anyone to participate and receive rewards by staking the ROOT token. Apart from staking, users can also participate as nominators, or take on validating responsibilities for even better rewards.

 exist at the contract layer, NFTs on The Root Network are located in a core network runtime module. The runtime module can be used to create custom NFTs and trade them without the users’ own smart contracts.

This simple process not only makes it easy for anyone to mint NFTs, but also promotes enhanced asset interoperability. Fees from the NFT runtime module are distributed to stakers and validators on the network.

Some of the NFT runtime key features include:

 (DEX) that allows users and developers to trade asset tokens, set up 

 and initiate token price discoveries without deploying smart contract code. 

The in-chain exchange supports all the asset tokens on the network, including ASM, SYLO and ASTO. Node validators collect the exchange fees.

 enables the linking of events on other chains to actions on the network. Developers on the network can rely on it to implement interoperability in their DApps.

The Root Network acts as a base for its two asset bridges, Ethereum Bridge and XRPL Bridge, to facilitate two-way transfers of native tokens and assets between the bridges and The Root Network. This not only boosts interoperability, but also unlocks extra liquidity for the network, as users can now use non-native tokens on The Root Network. 

In an effort to achieve a truly open metaverse, the team promises to provide native support for more networks as the ecosystem grows.

ROOT is the native token for The Root Network’s ecosystem, with a maximum supply of 12 billion tokens. Its core purposes include the following.

 ROOT tokens to earn network fees (awarded in the form of Vortex tokens) as an incentive for active participation and helping to maintain network security. Distributed in a 90-day cycle, Vortex tokens represent a basket of tokens in the Vortex, including ROOT and XRP, and can be traded on DEXs. According to The Root Network team, the latest cycle accumulated a total reward of 602,000 Vortex tokens, which amounted to 362,000 XRP and 4.7 million ROOT in value.

There are three ways to stake ROOT. The low-risk, low-reward way is to stake ROOT without nominating validators. As an ordinary staker, you can unstake at any time. Other ways to stake involve securing the network as a nominator or validator. Both of these options require more effort and dedication, and face the possibility of slashing risks for the staked ROOT.

Futureverse is undoubtedly dedicated to putting in the hard work in many respects, with The Root Network being the backbone of their metaverse ecosystem. The Root Network's UX and digital content–focused protocols facilitate a seamless user experience and empower Futureverse to build a robust foundation in content, stories and characters. In addition, its integration with EVM and Ripple also enables interoperability and streamlines cross-chain asset usage. This results in a vibrant web3 world that's scalable, yet sustainable enough to keep users engaged for a long time.

Furthermore, the ROOT token has diverse uses, from governance to in-game utility. This versatility could contribute to heightened demand, and appreciation in the token’s value.

The Futureverse is also embracing emerging technologies such as artificial intelligence (AI) to accelerate their creation of an open metaverse for all. Its strategic partnerships with major blockchains like Ripple also enhances The Root Network's capabilities, fortifying its position as a versatile and well-connected platform. This forward-looking fusion of emerging technologies and tactical alliances positions Futureverse at the forefront of innovation, ready to shape the future of the metaverse.

With Futureverse backing The Root Network, it’s reasonable to believe that this project could be a promising investment opportunity. However, keep in mind that a blockchain project is a highly volatile investment. We recommend that you 

, or seek expert financial advice before making an investment decision. 

Are you ready to join The Root Network? Buy ROOT as a Spot pair (

! From Nov 21 through Dec 3, 2023, there are two events you can participate in for your chance to win.

 to deposit 100 USDT worth of ROOT, or deposit 100 USDT to buy ROOT to earn 100,000 USDT that’s up for grabs. If you’re an existing Bybit user, follow the same deposit prompts above for a chance to earn 20,000 USDT.

In the second event, you simply need to trade the ROOT/USDT pair and accumulate a Spot trading volume worth at least 200 USDT to earn from the 65,000 USDT prize pool.

The Root Network isn’t just a blockchain. It’s the linchpin of Futureverse, revolutionizing the open metaverse with a user-centric, interconnected approach and a decentralized way of defining digital assets. As the backbone of Futureverse, The Root Network's focus on seamless user experience and interoperability sets it apart in the web3 landscape, providing unrivaled user experience in an inclusive, open metaverse.

Advanced

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The Root Network (ROOT): Powering the Open Metaverse

Aergo (AERGO) is an open-source blockchain platform designed to provide a hybrid solution for enterprises, combining both public and private access features.

As a business owner or manager, have you ever wanted to streamline your data exchange with a partner or supplier but were held back by security concerns? This is far more common than many in the business world might think. Many modern businesses of all sizes — from one-person consultancies and startups to large corporations — would love more efficient data and transaction exchanges with other parties without revealing too much in the process. However, combining the desired efficiency with sufficient protection for existing systems is often tricky. As a result, companies maintain gated IT systems, which forces them to go through inefficient and costly data exchange setups with external partners.

Aergo (AERGO) is a project that aims to solve this problem using a hybrid blockchain approach. Using Aergo, businesses can share the same public network, making transactions fast, cost-efficient and aligned in format, while maintaining their private “sub-networks” that provide solid protection to internal data and resources.

 (AERGO) is an open-source blockchain platform designed to provide a hybrid solution for enterprises, combining both public and private access features.

 It aims to offer scalability, flexibility and ease of use for enterprises looking to adopt blockchain technology. Aergo’s main chain is a public network capable of 

Aergo also supports private blockchains, networks with permissioned access that operate as subnetworks of a wider public chain. Guarding their network via private access allows businesses to reveal as much or as little as required when communicating with other entities on the public blockchain. The hybrid public-private model gives companies streamlined exchanges with other on-platform parties while ensuring the required security and internal privacy.

Aergo’s transaction fees are typically fractions of a cent, and the platform claims that their fees are even significantly lower than those on 

 (SOL), a blockchain known for its low-cost environment. Aergo transaction blocks are also processed extremely fast in just one second.

Aergo was originally developed as a decentralized blockchain tool kit for enterprises, consisting of the AERGO Chain, AERGO Hub (framework for 

 on the blockchain) and AERGO Marketplace (a 

 platform that provides access to partner services with the Aergo Chain).

With the rising demand for enterprise services, Aergo is working on a major upgrade — Aergo 2.0 — set to be completed by 2024. Aergo 2.0 will evolve to become a full enterprise blockchain with enhancements like 

 (EVM) support, a computing service hub, DeFi services and support for machine learning. Users can interact with the Aergo platform directly via the AERGO Portal DApp and AERGO Connect 3.0, Aergo's wallet, which grants access to all Aergo DApps.

Aergo 2.0 includes products like a SocialFi DApp (BOOOST) and a token management platform (SilverMine), complete with a security token offering. The platform aspires to join the 

 game as well, having minted over 700,000 NFTs with its NFT-as-a-service feature. In 2023, Aergo also collaborated with Samsung to launch Samsung Members NFT. Following that, Aergo intends to develop its own NFT marketplace with exclusive NFTs. Other ongoing Aergo NFT projects include an NFT-based 

 and an NFTFi and liquid staking feature.

The AERGO Chain uses a Byzantine fault tolerant (

) block validation model to secure the network and achieve consensus. BFT decentralized networks can process transaction blocks even if some validators behave fraudulently, or don’t relay correct information for other reasons (e.g., due to malfunctioning). When a certain proportion of validators, called the supermajority in BFT terminology, agree on a transaction block’s validity, the block can be approved even if the other validators fail to join the consensus. As such, the BFT design provides a higher degree of security in the presence of malicious actors, which is critical for enterprise-grade blockchains.

The DPoS validation method allows users on the network to delegate their crypto funds to a block producer and earn a share of staking rewards. All block producers on the Aergo main chain are trusted, enterprise-level entities. Currently, the blockchain’s 

Interoperability between Aergo-based chains is enabled via Merkle Bridge technology, which allows two networks to communicate efficiently and securely. In Aergo’s Merkle Bridge design, one chain may regularly send cryptographic pieces of data — Merkle proofs — to another chain as evidence of the sender network’s true state. For example, if chains A and B communicate, a Merkle proof of chain A sent to B lets the latter confirm that certain tokens in the requisite amounts are indeed held on the former.

Merkle Bridge technology is also used by the Aergo blockchain to communicate with the world’s largest smart contract platform, 

 AERGO transfers between Ethereum and Aergo.

Hybrid architecture is at the heart of the Aergo ecosystem. It allows Aergo-based networks and DApps to establish secure and efficient external communications, thus leveraging the platform's unique architecture.

Aergo’s network features high levels of scalability, a property that’s imperative for business users. It allows enterprises of all sizes to confidently scale their networks and apps in line with their business activity levels. Aergo users can enjoy nearly instant transaction processing, with a new block added to the chain every second.

The Aergo mainnet also boasts a high processing capacity at the overall network level of over 10,000 

, significantly greater than that of most other PoS platforms.

Aergo’s platform is developer-friendly. It allows blockchain programmers to create smart contracts using the hugely popular SQL query language, and Lua, a popular lightweight scripting language based on SQL and widely used for video games like 

The platform’s support for developers doesn’t stop there. Aergo 2.0, which has yet to implement all of its planned functionality, will feature EVM compatibility. The Ethereum-compatible smart contract engine will allow Aergo developers to use Solidity, the blockchain world’s most popular smart contract language.

Aergo 2.0 will also feature several other new core elements, including support for machine learning and AI application development, areas that are currently experiencing explosive growth.

Aergo’s native token, AERGO, is used for transaction fee payments, 

. The staking functionality, called system voting, allows users to back their preferred validator with AERGO tokens and receive a portion of the block rewards generated by that validator.

The on-platform governance is carried out via 

, a decentralized autonomous organization (DAO) in which token holders can vote on various network improvement and modification proposals.

The AERGO token has a total and maximum supply of 500 million. Its current circulating supply stands at around 445 million. AERGO’s supply distribution is shown in the graph below.

As of Nov 28, 2023, the AERGO token is trading at $0.164, which is 70.08% lower than its all-time high of $0.57248 on Apr 10, 2021, and over 1,000% higher than its all-time low of $0.013547, registered on Mar 13, 2020.

AERGO’s long-term outlook is quite bullish, withPricePrediction 

 to trade at around $0.46 in 2025 and $2.70 in 2030, andDigitalCoinPrice 

AERGO is a cryptocurrency with solid long-term prospects. A couple of notable factors indicate its positive investment potential:

 contract. A USDT Perpetual contract allows traders to open long and short positions using USDT as the margin with no expiration dates. If you don’t have an account on Bybit, you can quickly 

 and access hundreds of cryptocurrencies both on the Spot and Derivatives markets.

Combining security and privacy with streamlined, cost-effective data sharing is a dream of many enterprises. Attempts to achieve such a combination outside of the blockchain environment (e.g., via cloud solutions) often fall short of expectations. At the same time, standard public blockchains are also poorly fit for this purpose. Aergo, with its hybrid model, is in a unique position to tackle the job — and it does so very cost-effectively.

The business world already appreciates Aergo’s unique advantages, with more than 50 enterprise clients utilizing the platform. As more companies realize its benefits, this already commendable client base figure will keep increasing. With Aergo 2.0 becoming fully functional in 2024, expect this innovative project to join the league of top enterprise-oriented blockchains.

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Aergo (AERGO): Empowering New Businesses With Blockchain

Polymesh (POLYX) is a public permissioned blockchain focused on the complete lifecycle of security token management and trade.

Security tokens — cryptocurrencies that entitle their holders to part-ownership of a crypto platform – have been designed specifically for the purpose of mirroring the function of ownership shares and certificates used in traditional financial instruments. However, despite the seemingly straightforward nature of the concept, the actual implementation and effective ongoing management of security tokens on a typical blockchain is challenging.

Polymesh has emerged as a major blockchain platform that focuses directly on comprehensive security token issuance and management. The platform has opened up new and previously unavailable opportunities for crypto operators, startups and investors in areas such as 

 (RWA) tokenization and new financial instruments that reside exclusively on a blockchain.

From meeting regulatory requirements for security assets to providing robust identity and privacy management solutions, Polymesh has it all if your goal is to issue, sell or buy security tokens.

 (POLYX) is a blockchain network designed for security tokens and the comprehensive management of all aspects related to these assets, such as issuance, trading, compliance, financial confidentiality, contractual settlement and more. 

 (ETH), Polymesh later launched its own public permissioned chain, built using Substrate, a blockchain development framework within the 

Public permissioned chains combine the elements of open access, typical of public platforms like Ethereum or 

 (BTC), with custom rules that require authentication or qualification to perform certain operations. On Polymesh, any user is free to access and view network activity. However, actual participation on the platform, e.g., issuing or buying security tokens, requires identity verification.

Despite its semi-public nature and identity verification requirements, Polymesh protects user privacy. Thanks to its confidentiality-focused protocol, you can use the platform without having your identity publicly revealed, an essential issue for many parties in financial transactions.

Security tokens first rose to prominence during the wave of 

 (ICOs) in 2017–2018. They were envisioned to easily and flexibly replicate the role of traditional financial securities like stocks and bonds, or even alternative assets on blockchain platforms. However, a multitude of considerations from regulation and safety to privacy and transaction settlement have emerged. These issues highlight the inadequacies of typical blockchains in managing security assets, whether digital or from traditional markets.

, a company founded by blockchain technologists Trevor Koverko and Chris Housser, decided to launch a dedicated platform for security tokens. The platform, Polymath (POLY), first operated as a 

 (DApp) on Ethereum. However, Ethereum, just as any other major general-purpose chain, was never designed to address the complex intricacies of security token management. Realizing this, in late 2019, Polymath launched its own blockchain, Polymesh, dedicated to enabling and streamlining security token operations.

By 2022, Polymath’s gradual shift from Ethereum to its own platform had been finalized. By now, Polymesh has grown to be a leading platform that aims to enable real-world asset (RWA) tokenization as well as facilitate the launch and management of purely digital securities. As of mid-November, Polymesh is the second-largest crypto by market cap in the RWA niche.

 (NPoS) block validation model, with a number of validator 

 powering its functionality. All validators on the platform need to be licensed financial entities. Verified nominators choose validators by staking their preferred amount of POLYX on them, and earn a share of the rewards from the block validation activity. Currently, there are 46 active validator nodes on the network. Validators collate transactions into blocks and propose the blocks to the entire validator set on the platform.

The proposed block must be approved by at least two-thirds of validator nodes. If the required approval count is reached, the block is permanently written to the ledger of records. This system allows Polymesh to maintain highly efficient transaction finality times.

Polymesh’s ability to provide flexible and effective security token management services is based on five pillars — governance, identity, compliance, confidentiality and settlement. Let’s review each of these individually.

The platform’s governance model is designed to neutralize the risk of network 

. Public blockchains open to all may tolerate forks, but for Polymesh — whose focus is on serving security issuers and investors — forks of the main platform could cause difficulties in determining the rightful ownership of security tokens, potentially leading to legal and tax challenges within its ecosystem.

That’s why in addition to giving ordinary POLYX holders a way to participate in on-platform decision-making, Polymesh’s governance setup also includes the critical Governance Council, which is made up of key stakeholders on the platform and carefully reviews system improvement proposals submitted by user groups and communities.

One of the key roles of the Governance Council is to block “fork-friendly” initiatives. Besides this important measure, Polymesh also minimizes the possibility of forks thanks to its forkless update feature. Built with Polkadot’s Substrate framework, Polymesh is capable of rolling out major system upgrades without requiring a fork.

Any user of Polymesh’s services, be it a security token issuer or investor, must go through a two-step identity verification process on the platform. While blockchain purists might find this requirement preposterous, in the world of regulated securities, the verified identity of a market participant is a critical requirement.

This is another reason why public blockchains like Ethereum are poorly suited to the security token management process, and why Polymesh is the ideal environment for tokenized securities. Securities laws and regulations in just about any jurisdiction require robust identity verification procedures. So — no network node names or Reddit nicknames. You have to use your real identity documents to take advantage of Polymesh’s services.

The management of securities’ lifecycles, including issuance, sales and transfers, is complicated due to a myriad of laws and regulations. In traditional financial markets, following these regulations requires laborious manual procedures and checks. Polymesh streamlines antiquated processes involved in securities compliance via 

. Users also have the ability to pre-design custom compliance rules per the required regulations, further improving the automation and efficiency of compliance management.

Confidentiality of transactions, asset holdings and trade positions is paramount in many financial markets. Polymesh has implemented a privacy-focused protocol based on 

 (ZK) proofs that protects the identity of platform users. Although users have to go through the identity verification process to join Polymesh, their identities on its network are securely protected via this protocol. Hence, while compliance and confidentiality may seem like contrasting ideologies at first glance, Polymesh has seamlessly merged these two elements to create a platform that addresses the unique needs of security issuers and investors.

Parties to any financial transaction desire certainty of terms and a quick settlement. However, on a typical blockchain, transaction settlement might be far from instant or quick. On many platforms, transactions remain in a non-finalized state for hours (or even days), depending upon the particular blockchain. In contrast, Polymesh uses a block validation process that offers deterministic finality, which results in nearly instant transaction finality/settlement.

When at least two-thirds of validators approve a proposed block, it’s then immediately written to the ledger of records (i.e., becomes finalized). On average, a transaction block on Polymesh is finalized within six seconds. This is roughly the time it takes for a financial transaction to be settled on the platform.

POLYX is Polymesh’s native protocol token, and is used to pay transaction fees on the network and issue new security tokens. All the operations related to security tokens involve the use of POLYX tokens.

POLYX is also used for staking. Token holders can back their preferred validator on the Polymesh network with their POLYX funds and earn a share of the staking rewards generated by the validator.

Another key functionality of the token is governance. POLYX holders can vote on proposals related to future developments and changes on the platform. Proposals that get enough votes are then considered by the Polymesh Governance Council.

POLYX has a current total supply of 881.16 million tokens (as of Nov 20, 2023), all in circulation. The token doesn’t have a maximum supply limitation.

As of Nov 24, 2023, POLYX trades at $0.201, which is 59.3% lower than its all-time high of $0.4942, attained on Oct 17, 2022, and approximately 100% higher than its all-time low of $0.09985, registered on Sep 11, 2023.

Major price prediction portals expect POLYX to grow solidly over the long term.DigitalCoinPrice

 that the token will reach $0.73 in 2025 and $2.11 in 2030, whilePricePrediction

 that POLYX will trade at $0.4997 in 2025 and $4.99 in 2030.

POLYX is an asset with a promising outlook. The following factors point to solid potential returns for the token:

 (DeFi) find greater synergies, the demand for the Polymesh platform is expected to grow. The burgeoning field of RWAs — regulated assets from traditional markets tokenized on a blockchain — is one clear indicator of this growing synergy.

2. For digital securities management, Polymesh offers critical features virtually unmatched in the industry, including near instant settlement finality, transaction confidentiality and highly flexible compliance customization rules. If you need to issue and manage security tokens, it’s hard to exclude Polymesh from your consideration set.

3. The Polymesh platform has achieved a number of important milestones that signal its robust growth and potential. Among these is its perfect record of security and network stability. Polymesh hasn’t suffered a single security breach or network downtime event in all its years of operation. The platform also keeps confidently expanding its validator network, with nearly 50 institutional providers having joined in. Moreover, Polymesh’s validators aren’t just ordinary users with the equipment to run a blockchain node; all of them are regulated financial organizations whose partnership with Polymesh signals the platform’s expanding industry footprint.

You can buy Polymesh POLYX on Bybit via the 

 Perpetual contract. If you don’t yet have a Bybit account, you can easily 

 for one. A Bybit account allows you to access hundreds of crypto assets and products, both in the Spot and Derivatives markets.

After the 2017–2018 ICO boom, security tokens experienced a certain decline in popularity for several years. Their profile is now rising again with the arrival of the RWA concept. As one of the leading securities-focused crypto platforms, Polymesh is at the forefront of the TradFi and DeFi convergence powered by RWA growth.

The platform already boasts close to 4,000 users, a significant number for a network used for security asset management and trade. As traditional securities from regulated markets are increasingly tokenized, expect further growth for Polymesh. Its platform is now shaping up as the primary bridge connecting traditional securities and their blockchain-based tokenized versions.

Intermediate

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Polymesh (POLYX): A Security Token Blockchain for Regulated Markets

Beam (BEAM) is a gaming-focused blockchain on Avalanche launched by Merit Circle, decentralized organization that supports and promotes web3 gaming platforms and initiatives.

Gaming is one of the fastest-growing niches within the blockchain industry. The 

) in 2021, continues to fuel growth in this highly competitive area. While blockchain gaming is currently dominated by the likes of

), there’s a brand-new contender on the block ready to take on these established giants.

Earlier this month, the gaming-focused decentralized autonomous organization (

) Merit Circle opened up public access to the Beam blockchain, its new platform. Beam aims to revolutionize the way blockchain games are developed and played. Operating as a subnet (subnetwork) of Avalanche, Beam offers fast execution times and low transaction fees for in-game asset trade and other common gaming-related operations.

 is a leading decentralized organization that supports and promotes 

 gaming platforms and initiatives. Using a completely decentralized governance model, the Merit Circle user community votes to invest treasury funds in various gaming projects and support the development of blockchain games. The DAO maintains four key verticals in its operations.

Beam (BEAM) is a gaming-focused blockchain recently launched by Merit Circle. One of the DAO’s major undertakings, Beam revolutionizes the way that blockchain is used for game development, player experience and gaming assets trade. Beam operates as a subnet on Avalanche (

). Since it’s integrated with LayerZero, an interoperability omnichain protocol, Beam allows the minting of all game assets as omnichain 

 so they can easily be transferred across chains.

Avalanche’s architecture can be used to launch subnet blockchains, which are sovereign network environments that leverage the base features of the Avalanche main chain yet are separate from it. The subnets maintain their own validator networks and core operational rules. At the same time, they utilize Avalanche’s core security mechanism and take advantage of the chain’s key features, such as fast transactions and low fees. Beam is among the most ambitious gaming projects launched as an Avalanche subnet.

The initial news of Merit Circle’s active work on a gaming platform surfaced in early 2023. In August, the DAO 

 to a limited cohort of game developers. Then, in early November, the project team announced the removal of a permissioned mode, with Beam finally becoming a public blockchain.

: Merit Circle’s Beam project should not be confused with an older crypto platform with the same name, BEAM (BEAM), a privacy-focused blockchain. The two projects use the same token ticker, BEAM, but differ with regard to the brand name capitalization (Beam for the focus of our article, and all-caps BEAM for the privacy platform).

Thanks to its leveraging Avalanche’s base architecture, Beam offers users an environment with fast processing times and low fees. Both advantages are critical for players and game developers alike, given the fast-paced nature of modern P2E games and the wide variety of in-game assets traded on them.

As a typical Avalanche subnet, Beam maintains its own set of validators. At the moment, there are only eight block validators on the platform’s 

. Since Beam has been open to the public for less than a month, the number of qualified validators will likely grow as the platform matures. While Avalanche subnets have their own validator sets, any validator on the vast public network can offer their resources to any subnet. As such, Beam might draw on the resources of the broader Avalanche platform to attract quality validators.

During the permissioned mode, when Beam was open to a select group of developers, it used the 

 (PoA) block validation method to process transactions. With PoA, a group of validators with a strong reputation or trusted credentials are given the responsibility of validating transaction blocks.

Early in its public mode era, Beam continues to operate as a PoA chain. Later in the year, Merit Circle plans to move the platform to the 

 (PoS) validation model, the default block validation method used by the Avalanche blockchain.

Being such a new platform, Beam currently has a small ecosystem comprising a few essential tools and applications. Over the coming months, as Beam grows and establishes itself on the market, its ecosystem will expand.

Despite being in its early stages of operation, Beam is already attracting pronounced interest from the gaming community. The blockchain’s 

 lists over 180 games, which will undoubtedly rise in number over the coming weeks and months.

The first game to launch live on Beam was 

, a card game set in a fantasy world. This was quickly followed by a rush of other titles and genres populating the platform. Currently, some of its popular games include 

, a move-to-earn (M2E) mobile game that encourages an active lifestyle; 

, an action role-playing game (ARPG) in which players traverse time and space; and 

, an AAA first-person shooter (FPS) whose players compete to survive and extract valuables in a band around the Earth known as The Zone.

The BEAM token is the Beam blockchain's native cryptocurrency. All the transaction fees on the network are paid in BEAM. When Beam fully transitions to the PoS validation model, BEAM tokens will also be used for staking. The platform's 

 rules specify that BEAM holders will be able to delegate funds to their preferred validator node and receive a portion of the block rewards generated.

Merit Circle DAO maintains its own crypto token, MC, which is crucial for the governance of the organization. However, upon launching Beam, Merit Circle announced a migration of MC tokens to BEAM at a fixed ratio of 1 MC to 100 BEAM. MC Holders will be able to migrate their funds to BEAM until Oct 26, 2024. After the migration is complete, BEAM token will acquire governance function as well, replacing MC in this capacity.

The BEAM crypto was launched on Oct 26, 2023, with a total supply of slightly less than 63 billion, of which over 44 billion are already in circulation. BEAM is a supply-capped token, with its maximum supply specified at exactly the same number as its total supply. In other words, minting additional BEAM isn’t in the cards of Merit Circle’s governance community.

As of Nov 24, 2023, the Beam token (BEAM) trades at $0.00853 (about $8.53 for 1,000 BEAM), which is 26.68% lower than its all-time high of $0.01163, attained on Oct 26, 2023, and 96.57% higher than its all-time low of $0.004338, registered on Oct 29, 2023.

BEAM is still taking its first steps in the market, but the token’s long-term outlook is already quite optimistic. DigitalCoinPrice 

 BEAM will reach $0.03 in 2025 and $0.089 in 2030, and CrowdWisdom 

 nearly the same rates ($0.0202 in 2025 and $0.0862 in 2030).

Is Merit Circle (BEAM) a Good Investment?

Although a very recent entrant in the market, BEAM is already shaping up as a major crypto gaming token. With a market cap of about $378 million, BEAM already features among the top 10 gaming-related cryptocurrencies — an achievement that has taken less than a month since its launch. Clearly, the gaming niche of the market is paying close attention to this newcomer. Some key factors pointing to the token’s good investment potential are as follows:

1. BEAM is among the first comprehensive gaming and game development platforms on the market. While projects like 

 space, these platforms are focused environments, dedicated to a single game. In contrast, the Beam blockchain is an all-in-one portal with scores of different games across a multitude of genres. The Beam platform is, therefore, well-positioned to become a major portal for P2E games, a kind of Google or Amazon of blockchain gaming.

2. Beam is also positioned to leverage the technical and cost efficiencies of the Avalanche environment. Most of the abovementioned crypto gaming platforms are based on 

 (ETH), a blockchain notorious for its network congestion and high gas fees.

3. Beam’s core business, crypto gaming, is an area poised for profound growth over the coming years. As the concept of the 

 matures and more games choose blockchain as their primary hosting environment, the BEAM token will benefit from this niche-wide expansion.

You can buy the BEAM token on Bybit, both on the Spot market (

). If you don’t yet have a Bybit account, you can easily 

 for one to trade hundreds of crypto assets and products in both Spot and Derivatives markets.

Beam by Merit Circle presents a novel way of using blockchain technology to facilitate game development and in-game asset management. This innovative project brings the capacity, expertise and ambition to act as a major crypto gaming portal/aggregator. Instead of focusing on one game, genre or category, Beam aims to become a comprehensive blockchain gaming universe. Supported by Merit Circle and its unique governance model, Beam is also poised to attract the interest of decentralization purists, crypto users and gamers who value truly community-driven platform management.

The market is already reacting positively to Beam's entry. In less than a month since its launch, Beam's market cap has skyrocketed to levels comparable to (if not yet the same as) established gaming coins. Early indicators are that Beam is about to take the market by storm. The year 2024 will be fascinating for Beam by Merit Circle — and the overall crypto gaming niche!

BEAM-crypto-Merit-Circle-DAO.png

Beam by Merit Circle DAO (BEAM): The Ultimate Gaming Ecosystem

REPUBLIK is a web3 social media app that aims to use blockchain technology and smart contracts to monetize the content interaction economy on social media. 

Social media has enhanced our interactions, opened avenues to faster information access and generated opportunities for creators to interact with audiences and make money even by referring friends.

However, current social media platforms use monetization models whereby many creators can’t adequately monetize engagement, limiting them to a negligible and uncertain income stream from advertising only. 

REPUBLIK aims to revolutionize the social media industry by offering a blockchain-powered application with lucrative on-platform tools that allow creators to monetize their content through a rewards system and interactions with their audiences.

 social media application launched in 2022 that aims to use 

 to monetize the content interaction economy on social media. 

As a social media platform, it may be similar to well-known social sites, such as TikTok and Instagram, in terms of serving social connection functions. But what sets REPUBLIK apart is its promise of a better empowerment strategy, whereby creators can earn better rewards and keep a larger share of their earnings while retaining a stake in the platform. 

We can call REPUBLIK the home of the interaction economy. On this pioneering social networking site, every interaction is rewarded — and as a content creator, that can be your fanbase, a like, a comment or a repost.

The end goal is to make content creation lucrative enough to form a creator middle class, with the same chance to succeed as the current top few creators — who have resources and existing audiences.

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