Moonbeam project overview

AndreiHol
2 min readMay 8, 2021

Moonbeam is a developer-focused blockchain that aims to ensure compatibility of an existing set of tools with the Ethereum developer network, it does so by providing a complete implementation of EVM, a WEB3-compatible API, and bridges, that connect Moonbeam to existing ethereum networks. This allows developers to deploy existing solidity smart contracts and dapp interfaces to Moonbeam with minimal changes.

Moonbeam, will also be a parachain on the polkadot network. This means that it will get overall security from the Polkadot chain. And will be able to integrate with other circuits connected to Polkadot as soon as this feature becomes available on Polkadot.

At the moment, Moonbeam already has a large number of partners. They have partnered with Covalent, Dia, Razor, and other interesting and useful projects.

We also raised a fund for the start-up. Investment. They will have 2 tokens:

1) River

2) Glimmer

The River token for Moonriver. The Glimmer token for Moonbeam. Of course, it will be the same working product that will help ethereum developers to transfer their developments to the Kusama network.

The advantages of the Glimmer and River token are as follows: transaction fees, voting, and other incentives for holders of this token.

Moonbeam will accordingly qualify for a slot in Polkadot, but it will most likely be at the end of the summer. Moonriver is also likely to qualify for a slot in Polkadot.

Technically a very strong project. But now there is an opportunity to earn Moonbeam tokens and help the project at an early stage. Become a part of the Moonbeam community by applying for ambassadors

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