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Gaming is one of the fastest-growing niches within the blockchain industry. The play-to-earn (P2E) concept, first popularized by Axie Infinity (AXS) in 2021, continues to fuel growth in this highly competitive area. While blockchain gaming is currently dominated by the likes of The Sandbox (SAND), Decentraland (MANA) and Gala Games (GALA), 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 (DAO) 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.
Key Takeaways:
Recently launched as a public subnet on the Avalanche network, Beam is a blockchain platform by Merit Circle DAO dedicated to gaming and game development.
Beam and its native token, BEAM, are enjoying early popularity on the market, with more than 180 crypto games already listed on the platform.
BEAM can be bought on Bybit as a Spot pair and a USDT Perpetual contract.