Beam
The full report. Score, pillars, arithmetic, risk, scenario, signal and notes.
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About Beam
Analysis of 22 Jul 2026Beam (BEAM) is an open, sovereign blockchain built with the Avalanche technology stack and oriented toward gaming and other consumer applications. BEAM is used for network gas, governance and proof-of-stake validation.
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In July 2026, CoinGecko reported roughly 51.3 billion circulating BEAM out of 58.47 billion maximum supply, a market capitalization near $78 million and daily volume around $3.6 million; Coinbase also supports trading. Beam Ventures provides a licensed Abu Dhabi investment and accelerator arm, but the frequently cited $150 million figure remains a fundraising aim rather than evidence of fully deployed capital.
Execution evidence is mixed: Crystalfall launched Steam Early Access in April, then abandoned its separate blockchain version and closed online service on July 16, leaving an offline single-player build.
Beam therefore has functioning infrastructure and liquid exchange access, but still lacks strong public proof of sustained game users or protocol revenue.