Beam is a token. It has no blockchain of its own and no consensus of its own — it rents both from the chains it is issued on, which is why it is listed separately from the cryptocurrencies.
| CoinSpectrum Grade | E · 35/100 · provisional |
|---|---|
| Type | Token |
| Class | Gaming |
| Backing | Non-backed |
| Market capitalisation | $174M |
| Price | $0.00338 |
| Circulating supply | 51,300,184,687 BEAM |
| Issued on | 4 chains |
Market data rebuilt every six hours; this build 28 October 2026. Live prices on the ranking.
E — 35 out of 100, provisional (from 8 of 10 criteria, 28 October 2026 build). With what is not yet measured anywhere from nothing to full marks, the score would be 28 to 48 (E to D).
| Criterion | Score | Basis |
|---|---|---|
| Leading Consensus Mechanisms | 4.9 | group average |
| Host chain | 7.9 | Issued on Ethereum (A, 79/100) |
| Asset class (below every coin family) | 1.8 | Tokens: below every native coin family on the consensus ladders, 0.9 of 10 by largest asset and 2.7 by combined market cap |
| Network security | 0 | No network of its own: secured by its host chain, scored above |
| Decentralisation | 2.1 | group average, 3 of 4 measured |
| Minting and supply (who can mint more) | 0 | BeamToken on Ethereum has an uncapped mint() for MINTER_ROLE holders, granted by DEFAULT_ADMIN_ROLE; it minted BEAM 1:100 against migrated MC (migration closed Oct 2024).; no fixed maximum supply source |
| Premine (pre-issued at launch) | 0 | 100% of supply pre-issued at launch. BEAM supply (~62.3B max) is the 1:100 conversion of the 1B MC genesis supply, all minted by the team-controlled migrator rather than emitted to participants. source |
| Fundraising | 6.2 | Sold to the public or to investors: 38.18% of supply was the insiders' to sell, 14.13% sold. Merit Circle seed round Oct 2021, $4.5M (The Spartan Group, DeFiance Capital, Maven 11, Yield Guild Games). On the MC basis, early investors held 14.06% and 4.1% was a 'public distribution' of unclear form. source |
| Holder concentration | — | Not yet measured |
| Supply & Demand | 6 | group average |
| Supply & Demand | 6.9 | average of 5 measures |
| Exchanges (10 or more: 10) | – | exchanges not yet counted |
| Daily volume ($10K 0, $1B or more 10) | 5.7 | $1,619,566 traded in 24 hours; #193 by volume on the exchanges the site reads (scored on the median day of the last 2, $7,285,694) |
| Turnover (volume ÷ market cap, 5% a day: 10) | 9.3 | 6.8% of its market cap a day, median of the last 3 days |
| Order-book depth (bids and asks within 2% ÷ market cap, 1%: 10) | 5.8 | $98,221 within 2% of the price on 5 exchanges, 0.06% of its market cap, median of the last 2 days |
| Market cap ($1M 0, $10B or more 10) | 5.6 | $174M, 5.6 on a scale of 2.5 points per tenfold |
| Paper trading (futures, options and margin ÷ market cap, 0%: 10, 100%: 0) | 8.3 | futures, options and margin positions 2.8% of its market cap |
| Supply (smaller is better) | 5.1 | fixed maximum supply of 58.5 billion |
| Record (origin, claims, halts) | — | Not yet reviewed |
Ten criteria, weighted equally — for a token, the host chain replaces the developer share, the asset class stands in for the consensus ladders, and who can mint more for the Cryptocurrency Standards. Provisional: criteria marked — are not yet measured and are left out of the average. A rating of structure and market depth, not a price forecast or investment advice. How the grade is built · Highest-graded cryptocurrencies.
| Pre-issued at launch | 100% of supply |
|---|---|
| To team, investors and treasury | 38.18% of supply |
| Sold to the public or to investors | 14.13% of supply |
| Who can mint more | An issuer, foundation, multisig or admin key can mint more |
| Fundraising | Private or venture funding |
BEAM supply (~62.3B max) is the 1:100 conversion of the 1B MC genesis supply, all minted by the team-controlled migrator rather than emitted to participants.
Merit Circle seed round Oct 2021, $4.5M (The Spartan Group, DeFiance Capital, Maven 11, Yield Guild Games). On the MC basis, early investors held 14.06% and 4.1% was a 'public distribution' of unclear form.
BeamToken on Ethereum has an uncapped mint() for MINTER_ROLE holders, granted by DEFAULT_ADMIN_ROLE; it minted BEAM 1:100 against migrated MC (migration closed Oct 2024).
DefiLlama counts 67.7% as insiders by including treasury funds. If the DAO treasuries are treated as team-controlled, insiderPct is ~100. Whether MC's 4.1% public distribution was a sale is unknown, so publicLaunchPct is null and soldPct covers seed only.
Sources: defillama.com · tokenomist.ai · etherscan.io · altfins.com · onbeam.substack.com. Researched 2026-10-23, low confidence.
It is issued on 4 chains, which means 4 separate issuances of the same claim. Linked names are chains that are themselves cryptocurrencies with a page here.
CoinSpectrum counts an asset once. A token has neither its own blockchain nor its own consensus mechanism, so it fails both of the site's two conditions — it is a thing issued on a chain, and the chain is what is counted. The methodology states the rule, and the argument for it is set out in full.
Listed, not hidden. The point is that it is measured as what it is.