What is Beam
BEAM is an ERC-20 cryptographic token used for multiple things in the Beam ecosystem. Fundamentally, it has a role in relation to the following:
Gas token: BEAM serves as the native crypto asset on the Beam network. Each transaction on the Beam network requires BEAM to cover gas fees, which includes any game related transactions on the Beam network.
Validation and delegation: BEAM will be used to secure the Beam network, and be required to validate and propose blocks on the mainnet of the Beam network.
Governance: BEAM holders may participate in the governance of certain mutable features of Beam protocols and exerting checks and balances on Beam DAO-adjacent entities.
Means of payment: BEAM is increasingly accepted as a means of payments by various decentralized applications, games and smart contract systems within the Beam ecosystem.
BEAM is decentralized and global, and you can transfer your BEAM using blockchain systems, without using any intermediary service. There is no company or individual that can arbitrarily decide to mint more BEAM. BEAM is divisible up to 18 decimal places and a user can acquire fractions of a BEAM token.
Beam vs Stoic AI Crypto Trading Bot
Predicting which cryptocurrency will ultimately lead the market is almost impossible
There’s no guarantee that Beam (BEAM) will still dominate in 5 years. A newer, more efficient technology could attract the majority of developers, users, and capital. Alternatively, a critical flaw in Beam’s (BEAM) design or ecosystem could hinder its progress altogether.
Instead of trying to predict the winner, a smarter approach is to diversify with a portfolio of potential contenders, including Beam (BEAM).
This is where Stoic’s AI-powered crypto trading bot comes in. Stoic uses hedge fund-grade quantitative research and advanced algorithms to build and manage a portfolio of crypto assets. By leveraging its automated trading bot, Stoic analyzes price data, returns, volatility, correlations, and other factors to identify coins with high growth potential.
The AI crypto trading bot rebalances the portfolio daily, cutting losses early and taking profits regularly. This eliminates the need for manual research and trading, making Stoic one of the best crypto trading bots for investors looking for a hands-free solution.
Over 15,000 people already trust Stoic to automate their crypto investing with cutting-edge bot trading technology. Whether you're new to crypto or an experienced trader, Stoic offers a seamless way to participate in the market with AI crypto trading.