Beam (BEAM)

Confidence: 58%


Beam (BEAM) - Reviews & Ratings

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avatar Steven_nevetS 4 rated: April 26, 2019 15:54:43

Team is available for support. Github is active and the discord if busy.  But huge trading took place in the beginning and since then price and tradinf volumes are dying. May have been team sell their coins.

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avatar Crypto Anonymous 186 rated: February 26, 2019 06:13:54

I do have high hopes for MimbleWimble and I do believe that this team can generally be considered not be scammers. I understand that a team needs some form of funding somehow, but the 20% taxation on mining rewards model is generally seen as a sin in crypto ethics and I would side with that. 

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avatar Dr. Doom 209 rated: April 20, 2019 23:11:47

Corporate version of MimbleWimble. The fact that there is a CEO, in this type of protocol it is immediately a grade shadier. Considering its origin as a grassroots protocol which is better represented in Grin, my personal preference is not Beam, however I do not consider them scammy shady either. Beware there is a 20% "tax" on the mining reward which goes to funding of the project, similar to the ZCash funding model, which is criticized a lot as a model within a large part of the crypto space. Because of its presumably better funding, dedicated team and commercial approach, this might theoretically and probabilisticly turn out to be better for speculators.

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