There has been a significant development in the field of Bitcoin and altcoins. First, Merit Circle announced the launch of Beam, an Avalanche Subnet aimed at facilitating DAO Web3 game development and gameplay. Subsequently, Digital Currency Group (DCG) announced that portfolio company Merit Circle will launch a gaming subnet on its Avalanche (AVAX) network. Here are the details of the announcement…
DCG announces altcoin partnership
The gaming subnet, dubbed Beam, will host “a variety of games and products that will shape the future of gaming,” according to a DCG tweet. Founded by the Merit Circle DAO, Beam describes itself as a “gaming-driven sovereign network”. According to a Merit Circle medium post, Beam will “allow game developers to seamlessly distribute their games on-chain” using “quick, simple and minimal fees” through the Avalanche network. In addition, the following statements are included in the announcement:
Beam’s added value is like a sword that cuts both ways. Eliminating the problems that game developers are currently facing, Beam offers everything they could need in their quest to build a game using Blockchain technology.
More details will be discussed by Merit Circle, @Avax, @TrialXtreme, @WalkerWorld_ and @PlayHashRush on April 20. Brandon Aaskov, the recently hired Merit Circle CTO, will lead the development of Beam. About the purpose of Beam, Aaskov said:
Beam is designed for gamers and game developers alike: to remove complexity and still offer true ownership and easy control of that ownership.
What will be the purpose of the beam?
Alongside existing Merit Circle products, Beam will offer extensive new game-focused tools, an NFT marketplace and three new games. The purpose of the subnet is to be an independent, sovereign network that caters to gamers and game developers while supporting dozens of Avalanche games. Three games that will be featured in Beam include Trial Xtreme, Walker World, and Hash Rush. Trial Xtreme is a racing game with over 250 million downloads worldwide and will be released in the future by Gameplay Galaxy, a studio that aims to develop a decentralized competitive gaming ecosystem.
Walker World is a massive open world experience powered by Unreal Engine 5, where players and creators can come together to own and build their own lands, collaborate in heated game modes, and explore a vast universe filled with shared rewards. Hash Rush is a Web3 MMORTS game where players can explore the expanses of the Hermeian Galaxy, build a base, gather resources, recruit heroes to develop their strategies, and try to defeat enemies in epic battles.
Beam will also have offerings that allow players to do more with their game assets and allow developers to launch games more seamlessly. For example, an AMM will allow players to trade tokens tied to Beam dApps. Sphere, an NFT marketplace for developers to add to their games, will allow players to purchase in-game assets. Beam will also support native Avalanche SDKs, APIs, wallets, bridges and analytics tools.
Why did Merit Circle choose an Avalanche subnet?
Merit Circle chose Avalanche for its speed, fast contracting process, security, and open-ended possibilities that subnets open up for games and game developers. Brandon Aaskov, CTO of Merit Circle DAO, said, “Beam is for gamers and game developers alike: removing complexity and still offering true ownership and easy control of that ownership.” said.
Beam will make an exciting addition to the Web3 gaming world with its comprehensive tools, NFT marketplace and multiplayer support. Merit Circle plans to continue developing the subnet to support more games and improve the gaming experience for both players and developers. More information on Beam and its offerings will be available soon.
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