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What is Beam?
Beam is a smart contract platform for decentralized applications (a blockchain). Beam was founded by Merit Circle etc. and launched in 2023.How does Beam work?
Validators process transactions and receive fees from users (supply-side fees).Who governs Beam?
BEAM holders own and govern the protocol. They currently do not take a cut of the total transaction fees paid by users (revenue). Merit Circle's investors Maven 11, DeFiance Capital, DCG, etc.The values in this graphic are examples and do not reflect actual values. Treat them as approximations.