Beam, an independent blockchain within the Avalanche network, leverages dual advantages.
Beam retains its autonomy, focusing on gaming to meet industry-specific needs. So, Beam gains from Avalanche’s scale, speed, and security for a seamless gaming experience.
Beam’s Strategic Advantage
One of the most remarkable aspects of Beam’s achievements is the sheer volume of transactions processed on its platform. Over 2 million transactions highlight Beam’s appeal and reliability in the gaming community. This activity shows blockchain’s rising role in gaming, hinting at a future of deep integration.
State of the network ❇️
Total transactions: 2,011,377
Latest block: 1,530,789
Total addresses: 653,000+
— Beam (@BuildOnBeam) February 12, 2024
Also, over 653,000 addresses indicate Beam’s growing influence and its embraced community. This growth signifies trust in Beam and highlights the potential for more innovation and collaboration.
More About Beam
Beam has achieved a significant milestone with $5.8 million in total value locked (TVL), evidencing a gradual yet steady increase.
There's a lot happening for the @BuildOnBeam network!
The TVL is slowly climbing up – But still a fraction of the value that's captured in the gaming industry as a whole 🎯 pic.twitter.com/rAQQgtd3BC
— Beam (@BuildOnBeam) February 10, 2024
This highlights the potential for further growth and the opportunity for Beam to capture a larger share of the industry’s value as it continues to evolve and expand its reach.
The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.