Launched in 2019, the Beam Hub web3 gaming project has amassed global attention in a short time period, thanks to its assemblage of slick, immersive games, high-end graphics, and exciting opportunities to earn in-game tokens including $BEAM.
Often referred to as the “new era of Web3 gaming”, the Beam Hub gaming ecosystem operates on Beam blockchain and has several exciting games to offer including ‘Age of Battles’, ‘Space Nation’, ‘Goon Wars’, ‘Megaweapon’ among others. For serious game lovers, the Beam Hub project not only offers the old school adrenaline rush of high-end gaming but also an opportunity to earn and trade in-game tokens and NFTs.
In this article, we will explain all about the Beam Hub gaming ecosystem and how to earn in-game tokens including $BEAM.
What is Beam and Beam Hub Project?
Beam Hub is a cutting-edge gaming project built on the Beam blockchain, which operates as a subnet on the Avalanche network. Launched by the Merit Circle DAO, Beam strives to transform the gaming industry by integrating blockchain technology to enhance transparency, ownership, and user experience in gaming.
Through Beam, developers, and gamers can come together and craft the next-generation gaming experience with the virtue of digital assets.
Beam’s integration with LayerZero allows for the minting of game assets as omnichannel NFTs which also enables easy transfer across different blockchain networks. This interoperability provides a major advantage, enabling gamers to truly own and trade their in-game assets across multiple platforms.
Furthermore, Beam’s focus on user ownership and transparency addresses common frustrations in the gaming community, such as a lack of control over purchased items and in-game assets.
What are the exciting games offered by Beam Hub?
Age of Battles
It is a real-time strategy game that players can use to hunt down their opponents and empires with the right deck of cards and powerful fighters. The card decks contain different attributes, including units, skills, spells, and abilities that all supplement each other.
Megaweapon
Megaweapon is a fast-paced top-down shooter game built upon Beam which has announced the release of their their very first NFT collection on the Beam network somewhere in Q1, 2024.
Nekoverse
Nekoverse is a play-to-earn MMORPG game that is powered by Solana blockchain technology and Beam Network. In this game, players can choose their ways to explore, connect with other players, and fight in PvE and PvP battles.
Space Nation
This is the space adventure MMORPG game that taking shape on the Beam blockchain. In Space Nation, players can build, upgrade, and conquer a space base. However, the game is under development with its Beta 2.0 launch.
How to earn tokens and NFTs in Beam Hub?
To earn on Beam Hub, you can participate in a variety of activities and features designed to reward gamers:
1. Quests and Challenges
- Daily and Weekly Quests: Completing these quests can earn you in-game tokens such as HON or WND, as well as items like potions and equipment. Daily quests include tasks like logging in and winning PvP battles, while weekly quests involve more extensive tasks like winning multiple arena matches.
- PvE and PvP Battles: Participating in player-versus-environment (PvE) and player-versus-player (PvP) battles can yield rewards in the form of tokens and valuable items from stage drops and ranking rewards.
2. Selling NFTs
You can earn by acquiring NFTs through gameplay and selling them on the marketplace like Sphere Market. If you are a scholar (a player using NFTs borrowed from a guild), you can sell your NFTs with the assistance of your Guild Manager, who will list them on the marketplace for you. The proceeds from the sale are then sent to your MetaMask address.
3. Participating in Competitions
The Beam Hub frequently hosts events and competitions where players can win rewards. By joining these events, you can earn experience points (XP) and other prizes within the Beam ecosystem.
4. Completing Tasks and Learning
The Beam Hub Academy offers a range of learning materials and guides on web3 gaming. By engaging with these resources, you can complete tasks that may also reward you with XP and other incentives.
Tokenomics of $BEAM
Beam leverages Avalanche’s architecture to provide fast transaction times and low fees, crucial for a seamless gaming experience. Initially, Beam operated on a proof of authority (PoA) model but plans to transition to proof of stake (PoS), aligning with Avalanche’s primary validation method.
The native cryptocurrency, BEAM, is used for transaction fees and will be used for staking once the transition to PoS is complete.
Beam has 10 times more blocks than Bitcoin, with an initial emission of 100 Beam coins per block in the first year. The first halving occurs after one year, then every four years, totaling 33 halvings. The smallest unit is Groth, named after Jens Groth. One Beam equals 100,000,000 Groth. The total supply is 262.8 million Beam coins (26,279,999,976,873,600 Groth).
Beam launched on January 3rd, 2019, with zero coins in circulation as there were no pre-mine or ICO. 90% of all Beam coins will be minted in the first 13 years of the 133-year emission schedule.
What are the core features of Beam Hub?
The Beam ecosystem offers a variety of tools and decentralized applications (DApps) that benefit both gamers and developers. Here are some crucial details about it:
1. Beam Companion App
The Beam Companion App is the go-to gaming partner, allowing players to manage their in-game assets effortlessly while on the move.
From sending items to friends to keeping up with their favorite games, the Companion App ensures they control their unique gaming journey completely.
2. Sphere Market
Sphere Market is a user-friendly marketplace for all gaming assets, where players can easily buy, sell, and trade digital treasures. It serves as the backbone of the Beam SDK, empowering game developers to create innovative in-game marketplaces and transform the gaming economy.
3. Beam Hub
Beam Hub is your gateway to a wide variety of games, offering something for every taste. It allows you to host campaigns or embark on quests. On Hub, players can access different games and tasks.
4. Beam Swap
Beam Swap offers a quick and efficient platform for exchanging digital assets on the Beam network.
5. Beam Bridge
Beam Bridge connects different blockchain networks, enabling smooth asset transfers and interoperability. It opens up a world of possibilities within the blockchain ecosystem.
Also Read: Four Telegram Crypto Games The World Can’t Stop Talking About
Conclusion
Beam Hub is poised to lead the next wave of innovation in the gaming industry by combining blockchain technology with a user-centric approach. While Beam Hub has shown incredible growth in recent months, its play-to-earn model has been quite tricky for newbies.
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