Beam Foundation is transitioning to BeamX DAO
WHAT IS BEAM FOUNDATION
Beam Foundation is a non-profit company with the goal of promoting the development of Beam cryptocurrency and supporting financial privacy in general.
Beam Foundation is funded by part of Beam Treasury (aka Founders’ reward). In the first five years of Beam existence, the Foundation will be receiving 4% of all the mined coins.
Beam Foundation is a Company Limited by Guarantee registered in Singapore and is run by a Board of Directors.
The primary mission of Beam Foundation is to create and foster a global community of researchers, developers and activists, a community that will maintain, develop and promote the Beam ecosystem.
Our mission also includes promoting the values of financial and general privacy and supporting research and awareness in the space.
The goal of the Foundation is to make the Beam ecosystem as decentralized as possible, and eventually give the community full control of over the protocol governance.
FUNDING OF PROJECTS
In the future, the Foundation will launch a Community Funding System to provide funding to community efforts aimed at development, research and promotion of Beam and related areas.