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Abstract

t.BEAM is made up of four distinct divisions: investments, gaming studio, development and incubation, and infrastructure. From an investment perspective, it can be considered a central hub for gaming that can integrate all kinds of games with a streamlined software development kit (SDK) and connect them seamlessly to both Avalanche and the greater EVM ecosystem.<h1 id="4680"> $BEAM Investment Thesis:</h1><figure id="3ba9"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*eRIfcDQfx0JLrF1r3L1jZA.png"><figcaption></figcaption></figure>BEAM is a solid means of investing in the Web 3 gaming narrative without a game-specific risk. It can be considered an infrastructure altcoin acting as an interface for gaming projects to seamlessly plug into the blockchain world. It allows those gaming companies to focus on building a game while streamlining the process of integrating crypto.BEAM is a competitor to projects like Immutable X, with a much lower market cap and earlier stage of development. It has huge backers and KOL’s (key opinion leaders) as advisors and investors.<h2 id="2bcf">$ BEAM Token Utility:</h2><ul><li>Native gas token for the Subnet</li><li>Governance</li><li>Staking (Validation and Delegation) rewards</li><li>Buyback and burn mechanism (over 35% of supply burned to date)</li></ul><h2 id="5bdd">Value Proposition:</h2><ul><li>68% of tokens already in circulation (lower vesting sell pressure)</li><li>Buyback and burn mechanism funded by proceeds of the investment treasury. (20% profit USDC to treasury, 5% BTC/ETH to treasury, 60% open market buybacks for staking rewards, 15% buyback and burn) (<a href="https://gov.meritcircle.io/t/mip-7-sustainable-future-vision/192">MIP-7</a>)</li><li>Could become hugely deflationary as the $48M investment arm begins realizing profits.</li><li>Binance listing gives BEAM a larger reach and audience and is attractive for whales and VCs.</li><li>Existing native bridges to all main EVM compatible chains using Layer Zero tech.</li><li>Part of a fast growing AVAX gaming narrative with a lot of hype</li><li>Rebrand will give the token fresh legs (and a fresh chart) for this coming bull run</li><li>Entire community incentives pool was burned, reducing circul

Options

ating supply</li><li>A 30X return would put the market cap at roughly $10B, which is conservative if the chain takes off and garners some traction. (for reference, SANDBOX was valued over$ 15B in the last cycle)</li></ul><h1 id="aaf1">Conclusion:</h1><figure id="34fb"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/1*-Hw7-QM4DFSr7_iyTRT_hg.png"><figcaption>Web 3 Gameverse</figcaption></figure>BEAM has had a reasonable run up in price as the gaming narrative has gained traction. That said, it has lagged some of the big names in the sector like Echelon Prime, Vulcan Forged and others, particularly given the huge run up in the price of its host chain AVAX.BEAM is a longer term buy and hold, and at current levels is attractive for a starter position with a goal of DCA-ing into a full position over the coming few months.Good luck out there, and see you on the next one!Sovereign CryptoI release regular altcoin and crypto updates, <a href="https://medium.com/@SovereignCrypto/subscribe">subscribe</a> for more info and to keep up to date!Referral Bonuses/Codes:<ul><li>Cross Chain Swaps & Bridge: RocketX Exchange: <a href="https://app.rocketx.exchange/?ref=LG5RWYCO">https://app.rocketx.exchange/?ref=LG5RWYCO</a></li><li>Best Exchange (non-us): Swissborg: <a href="https://join.swissborg.com/en/r/alexanLHJA">https://join.swissborg.com/en/r/alexanLHJA</a></li><li>Perpetuals DEX: Level Finance <a href="https://levelling.io/p77a"></a><a href="https://levelling.io/p77a">https://levelling.io/p77a</a></li><li>Decentralized Twitter — Phaver App: <a href="https://phaver.app.link/fourthesauri"></a><a href="https://phaver.app.link/fourthesauri">https://phaver.app.link/fourthesauri</a></li></ul>Disclosures:<ul><li>I own or am accumulating the above mentioned tokens/investments.</li><li>Not financial advice.</li></ul>Social Media:<ul><li>Twitter <a href="https://twitter.com/fourthesauri">https://twitter.com/fourthesauri</a></li><li>Phaver App: <a href="https://phaver.app.link/fourthesauri">https://phaver.app.link/fourthesauri</a></li></ul></article></body>

Gaming Altcoin with Huge Potential

30X Altcoin in the Avalanche Gaming Ecosystem

The Web 3 gaming narrative has finally been generating some significant hype, and many gaming tokens are taking off. Despite the possibility of a some short term cool-off, the bull cycle potential is gigantic, and the recent gaming token action is just an appetizer.

There has been an incredible amount of building in the Web 3 gaming ecosystem, and although we have not yet seen a AAA game achieve success by mainstream standards, many projects are getting very close. When we finally do have that one undeniably successful game, all other gaming tokens will go on parabolic runs from speculation alone. The good games will make life-changing gains.

It is no secret that Web 3 gaming is one of my top narratives for the coming bull run, and this latest market move is a teaser of what is to come. BEAM is a GameFi token with some unique features, and is an excellent candidate for a 30X or more run this bull cycle.

What is BEAM?

BEAM is the rebrand of Merit Circle. It is an Avalanche subnet with some unique features that cater specifically to gaming, and pave the way for the BEAM chain to be a central gaming hub that is natively plugged into the Avalanche ecosystem, and integrates all EVM chains via Layer Zero tech.

Prior to the rebrand, BEAM was considered a gaming DAO, with a strong suite of VC style investments in all sorts of seed rounds games and related projects. The value of the investments totals more than $48M at seed round valuations. In the bull market, this war chest will likely be worth billions, much of which will be used to support and attract new games and gamers. Combined with the impressive (and lengthy) list of influencers and VC juggernauts that have invested in and support BEAM, expect massive hype as Web 3 gaming continues ramping up into the bull market.

BEAM is made up of four distinct divisions: investments, gaming studio, development and incubation, and infrastructure. From an investment perspective, it can be considered a central hub for gaming that can integrate all kinds of games with a streamlined software development kit (SDK) and connect them seamlessly to both Avalanche and the greater EVM ecosystem.

$BEAM Investment Thesis:

BEAM is a solid means of investing in the Web 3 gaming narrative without a game-specific risk. It can be considered an infrastructure altcoin acting as an interface for gaming projects to seamlessly plug into the blockchain world. It allows those gaming companies to focus on building a game while streamlining the process of integrating crypto.

BEAM is a competitor to projects like Immutable X, with a much lower market cap and earlier stage of development. It has huge backers and KOL’s (key opinion leaders) as advisors and investors.

$BEAM Token Utility:

Native gas token for the Subnet
Governance
Staking (Validation and Delegation) rewards
Buyback and burn mechanism (over 35% of supply burned to date)

Value Proposition:

68% of tokens already in circulation (lower vesting sell pressure)
Buyback and burn mechanism funded by proceeds of the investment treasury. (20% profit USDC to treasury, 5% BTC/ETH to treasury, 60% open market buybacks for staking rewards, 15% buyback and burn) (MIP-7)
Could become hugely deflationary as the $48M investment arm begins realizing profits.
Binance listing gives BEAM a larger reach and audience and is attractive for whales and VCs.
Existing native bridges to all main EVM compatible chains using Layer Zero tech.
Part of a fast growing AVAX gaming narrative with a lot of hype
Rebrand will give the token fresh legs (and a fresh chart) for this coming bull run
Entire community incentives pool was burned, reducing circulating supply
A 30X return would put the market cap at roughly $10B, which is conservative if the chain takes off and garners some traction. (for reference, SANDBOX was valued over $15B in the last cycle)

Conclusion:

BEAM has had a reasonable run up in price as the gaming narrative has gained traction. That said, it has lagged some of the big names in the sector like Echelon Prime, Vulcan Forged and others, particularly given the huge run up in the price of its host chain AVAX.

BEAM is a longer term buy and hold, and at current levels is attractive for a starter position with a goal of DCA-ing into a full position over the coming few months.

Good luck out there, and see you on the next one!

Sovereign Crypto

I release regular altcoin and crypto updates, subscribe for more info and to keep up to date!

Referral Bonuses/Codes:

Cross Chain Swaps & Bridge: RocketX Exchange: https://app.rocketx.exchange/?ref=LG5RWYCO
Best Exchange (non-us): Swissborg: https://join.swissborg.com/en/r/alexanLHJA
Perpetuals DEX: Level Finance https://levelling.io/p77a
Decentralized Twitter — Phaver App: https://phaver.app.link/fourthesauri

Disclosures:

I own or am accumulating the above mentioned tokens/investments.
Not financial advice.

Social Media:

Twitter https://twitter.com/fourthesauri
Phaver App: https://phaver.app.link/fourthesauri