BEAM.MW

Privacy & Cyber Security · Payments
BEAM.MW header

BEAM.MW

Privacy & Cyber Security · Payments

Cryptocurrency based on Mimblewimble protocol

Israel, Tel Aviv
$5M
Total amount raised
2018
Year of establishment
Active
Status

About

Hi we’re BEAM.MW!


BEAM is a next generation confidential cryptocurrency based on an elegant and innovative Mimblewimble protocol.
Things that make BEAM special include:
• Users have complete control over privacy - a user decides which information will be available and to which parties, having complete control over his personal data in accordance to his will and applicable laws.
• Confidentiality without penalty - in BEAM confidential transactions do not cause bloating of the blockchain, avoiding excessive computational overhead or penalty on performance or scalability while completely concealing the transaction value.
• No trusted setup required.
• Blocks are mined using Beam Hash (based on Equihash Proof-of-Work algorithm).
• Limited emission using periodic halving with total amount of 262,800,000 coins1.
• No addresses are stored in the blockchain - no information whatsoever about either the sender or the receiver of a transaction is stored in the blockchain.
• Superior scalability through compact blockchain size - using the “cut-through” feature of Mimblewimble makes the BEAM blockchain orders of magnitude smaller than any other blockchain implementation2.
• BEAM supports many transaction types such as escrow transactions, time locked transactions, atomic swaps and more.
• No premine. No ICO. Backed by a treasury, emitted from every block during the first five years.
• Implemented from scratch in C++ by a team of professional developers

Key objective

To build a scalable confidential cryptocurrency.

Slogan / Motto

Scalable confidential cryptocurrency

Use cases

Digital Currencies
Privacy

Team

Team members

Beni Issembert Chief Marketing Officer

Responsibilities

Serial Entrepreneur since 2005, Beni is a Lecturer, Marketer, Writer, and Story Teller trying to impactfully bridge the link between Philosophy and Technology.

Alexander Zaidelson Chief Executive Officer

Responsibilities

Alexander is a seasoned executive and product visionary. He started his career as a software developer. He founded Nareos (a P2P File Sharing Company) and Wikitup (acquired by iMesh) and has served as VP Product at WeFi and as Principal at CIRTech VC, as well as an advisor to several startup projects.

Alex Romanov Chief Technology Officer

Responsibilities

R&D Manager with a strong technical background and managerial skills. Alex has worked on many complex projects with large distributed teams. Romanov leads the R&D Team at Beam since Day 1.

Products

Tokens

BEAM
BEAM
($BEAM)
Type
Platform tokens
Price
$1.33
Market Cap
$117,223,263.00

Funding

Received funding
$5,000,000
Total amount raised
2
Rounds
2
Total amount of investors
Amount Raised
Funding type
Funding round closing
Investors
$5,000,000
Corporate
Recruit Strategic Partners
N/A
Pre-Seed
Collinstar Capital