In our previous newsletter, we spoke about the end of an era, shared a new treasury report, looked back at the $BEAM token migration, and introduced Sophon, new articles along with updates on Edenhorde and Flayer, plus a range of new games built on Beam. Since then, a whole lot has changed. You can say, a new wind is blowing.
Read on for a summary of what’s been happening and what’s to come
A new horizon
The 11th of December can be earmarked as the start of a new chapter in the book of Beam unveiling four groundbreaking initiatives that are reshaping its ecosystem:
Beam Ventures – We're establishing the first gaming-focused fund and accelerator in Abu Dhabi, operating at the intersection of gaming and AI. While licensing through ADGM extends into 2025, this positions us to foster next-generation gaming innovation in the region.
BeamAI – Our new research division, led by an Oxford-trained AI specialist, focuses on integrating artificial intelligence into gaming. Read the very first BeamAI report today on our website, or on ArXiv.
Beam Layer 1 Evolution Thanks to Avalanche's Avax9000 upgrade, the Beam Network is evolving toward full independence. Our Horizon upgrade, scheduled for late January 2025, will implement these improvements and introduce our new node system.
Beam Nodes – To support our decentralized future, Beam introduced its Nodes structure. This all started with the Node Tokens with remarkable early adoption:
57,983 Node Tokens for a total worth of $73M
Over 1.7B BEAM tokens burned
Full node functionality coming with the Horizon upgrade
It’s safe to say that the Beam ecosystem is undergoing its most significant transformation to date.
Beam Foundation, Aethir and MetaStreet Unite To Launch Tactical Compute, a $40M AI Compute Initiative
In a joint venture between Aethir, Beam Foundation (through its wholly-owned subsidiary, Beam Investments) and MetaStreet (through its development company Permian Labs), we’re excited to announce the launch of Tactical Compute (TACOM), an industry-specific AI compute initiative, aimed at targeted exposure for projects building at the intersection between crypto and AI.
The Beam Foundation intends to participate with a $5m investment into Tactical Compute alongside many reputable names such as the Sophon Foundation. Read the full announcement here.
Looking back at 2024
It’s becoming a cliche but, once again, we’ve enjoyed twelve months full of growth, success and focus. 2024 was the year we put all of our focus on Beam, and set an even more ambitious outlook for 2025. Join us as we look back at everything that happened in 2024, including what we wanted to achieve and how successfully we met those goals.
Read the full 2024 recap here.
Looking forward into 2025
When you round off the previous year with a bang, you start to build up this special feeling — the feeling that there are big things on the brink of taking place, and it’s on you to actually make it a reality. With the most ambitious goals we’ve ever set for ourselves, it’s full steam ahead for 2025.
Read on as we dive into what you can expect from the Beam ecosystem in the upcoming year.
New games building on Beam
We’re thrilled to continuously have a large influx of exciting games joining the Beam network. Following names such as TrialXtreme, Forgotten Playland, Castle of Blackwater, Edenhorde and many others we have recently added a variety of new games.
Sophon launching mainnet and Sophon Guardians
We're thrilled to celebrate the launch of Sophon mainnet, our close ecosystem friend. With over $450M TVL and 120,000 node licenses claimed by 5,800+ participants, Sophon is making waves. The SOPH token launches today with free transactions, node rewards begin January 1st, and full trading opens in Q1 2025. A big congratulations to the Sophon team on this one.
Read the full announcement here.
Together, we grow
The new year kicks off with multiple milestones ahead: Beam Nodes launching this January, our new ventures in Abu Dhabi taking shape, and BeamAI's research advancing blockchain gaming. With over $73M raised and nearly 2B BEAM tokens burned through Node Tokens minted, plus Sophon's successful mainnet launch as our ecosystem partner, we're catalyzing a new era of decentralized gaming. Thank you for being part of this transformation.
Together, we’re changing the game!
Our next newsletter will be sent early March 2025.