What is Moonbeam (GLMR)

1. Project Introduction
Moonbeam (GLMR) is a smart contract platform designed for cross-chain compatibility and decentralized application (dApp) development. It offers a fully Ethereum-compatible environment while operating as a parachain on the Polkadot network. By leveraging Polkadot’s shared security and interoperability, Moonbeam enables seamless communication with other blockchains. One of Moonbeam’s key advantages is its Ethereum compatibility, allowing developers to deploy and run their Ethereum-based smart contracts on Moonbeam with minimal modifications. Additionally, Moonbeam supports multi-chain interoperability, fostering cross-chain collaboration and enabling the development of more robust and diverse dApps.
Moonbeam provides several features, including:
Ethereum Virtual Machine (EVM) compatibility
Full Web3 API support
Bridges for cross-chain connectivity
Native governance tools for on-chain decision-making
With its growing ecosystem and collaborations with major blockchain projects and protocols, Moonbeam is laying the groundwork for blockchain interoperability and a decentralized future.
2. Team & Investment Info
Team: The Moonbeam project is developed by PureStake, a team of seasoned blockchain professionals specializing in multi-chain interoperability and decentralized application development.
Derek Yoo, Founder of Moonbeam and CEO of PureStake, has extensive experience in technology and blockchain project management. He previously worked at Fuze for 13 years, serving as CTO and CPO. Derek holds a degree from the University of Pennsylvania.
Stefan Mehlhorn, COO of Moonbeam Network, studied at Chemnitz University of Technology.
Katherine Quilca Barcelli, Marketing Lead at Tanssi Network, was previously the Community & Events Lead at Moonbeam. She graduated from Hult International Business School and Peru’s University of Applied Sciences.
Alan Sapède, VP of Blockchain Engineering at PureStake, has vast experience in team leadership, game design, and optimization. He holds a Master’s in Computer Science and Electrical Engineering from Chemnitz University of Technology and a Business Administration degree from the Technical University of Munich.
Tim Baldwin, VP of Engineering at PureStake/Moonbeam, has 20+ years of experience in software engineering. He previously worked at UTC Aerospace Systems, Stay-at-home Dad, Student, Consultant (Freelance), and Computer Services, Inc.. He holds an MSc in Information Science from the University of North Carolina at Chapel Hill and a BA from the University of Rochester.
Wuzhong Zhu, Developer Relations Engineer at Moonbeam, previously worked at Kuaishou and Google. He holds both Bachelor’s and Master’s degrees from the National University of Singapore.
Funding: September 2020 (Seed Round): Raised $1.4 million from Hypersphere Ventures, Arrington Capital, HashKey Capital, KR1, Bitcoin.com, Du Capital.
March 2021 (Strategic Round): Secured $6 million from Binance Labs, Coinbase Ventures, Fenbushi Capital, IOSG Ventures, ParaFi Capital, Hypersphere Ventures, D1 Ventures, Mechanism Capital, HashKey Capital, Arrington Capital, Waterdrip Capital, KR1, Divergence Ventures, A195 Capital.
3. Social Media URLs
X: https://x.com/moonbeamnetwork
Telegram: https://t.me/Moonbeam_Official
4. Token Info
Token Symbol: GLMR
Total Supply: 1,000,000,000 GLMR
Token Type: Polkadot Parachain Token
Issuance/Burn Mechanism: New tokens are issued through a network inflation model.
White Paper: https://docs.moonbeam.network/
5. Related Links
Official Website: https://moonbeam.network/
Other Info: https://www.rootdata.com/Projects/detail/Moonbeam?k=NjEz
GitHub: https://github.com/PureStake/moonbeam
Medium: https://medium.com/moonbeam-network
LinkedIn: https://www.linkedin.com/company/moonbeam-network/