NXG x Beam Validator Goes Live

NXG has set up our BEAM validator and you can now start staking $BEAM token or a BEAM node with a connection to the NXG validator to start earning rewards while also securing the BEAM network.

BEAM in Web3 is a gaming-focused blockchain ecosystem that combines Avalanche’s tech, EVM compatibility, and decentralized tools to create an environment where gamers and developers can engage in a transparent, ownership-driven, and scalable digital world. It’s part of the broader Web3 movement to redefine how we interact with online systems, particularly in gaming.

Validators are the backbone of decentralization in Web3. They replace centralized intermediaries (like banks or servers) with a distributed group of participants who collectively maintain the network. In a gaming blockchain like Beam, validators ensure that in-game transactions (e.g., trading an NFT sword) are secure, transparent, and tamper-proof, fostering trust in the ecosystem.

In short, a validator in Web3 is a node operator who secures and maintains a blockchain by verifying transactions and upholding consensus, typically incentivized by rewards and governed by staking mechanisms. They’re essential to the decentralized, trustless systems that define Web3.

Buy $BEAM at: https://token.onbeam.com/

Stake $BEAM and nodes at: https://delegation.onbeam.com/

Use the NodeID- GT3exqgTMj7thzmxSVeEeaQQfSuMDeJf3

The future of Web3 gaming is built by the community, all rewards earned from the validator will go towards bringing NXG and the Guild Bank to the next level!