Moonbeam GLMR / Moonbeam

To learn more about this project, check out our deep dive of Moonbeam.

What Is Moonbeam (GLMR)?

Moonbeam is an Ethereum-compatible smart contract parachain on Polkadot. Moonbeam enables the use of popular Ethereum developer tools to build or redeploy Solidity projects in a Substrate-based environment.

Moonbeam is much more than just an EVM implementation: it’s a highly specialized parachain that mirrors Ethereum’s Web3 RPC, accounts, keys, subscriptions, logs, and more. The Moonbeam platform extends the base Ethereum feature set with additional features such as onchain governance, staking, and cross-chain integrations.

Moonbeam’s Ethereum compatibility is unmatched:

* Minimal Changes: developers can use existing Solidity smart contracts right away, with no need to rewrite or reconfigure

* Use Existing Developer Tools: connect popular tools like MetaMask, Hardhat, Waffle, Remix, and Truffle via a complete set of Web3 RPC endpoints. Use well-known Javascript libraries such as Web3.Js or Ethers.Js.

* Unified Accounts, Addresses, and Signatures: use your existing Ethereum H160 accounts & ECDSA signatures to interact with Moonbeam

* Ecosystem integrations: use existing oracles, bridges, wallets, and other tools that are already building on Moonbeam

Moonbeam provides integration and connectivity between Polkadot Parachains as well as with other chains such as Ethereum and Bitcoin via bridges. Moonbeam was started in 2019 by Derek Yoo of Pure Stake.

## Who Are the Founders of Moonbeam? Moonbeam was founded by Derek Yoo, who was CEO of PureStake at the time of its creation and is currently CEO of Moonsong Labs. PureStake was an early contributor to the development of Moonbeam and focused on providing infrastructure and engineering support for blockchain networks. The Moonbeam Foundation supports the development, growth, and adoption of the Moonbeam Network and its ecosystem. The Foundation works with developers, partners, and the broader community to fund ecosystem initiatives, support technical development, and promote network usage across different application areas. In addition to ecosystem support, the Foundation helps coordinate resources for builders, including grants, partnerships, and community programs, while contributing to the long-term sustainability of the network. More information about the Foundation can be found at: https://moonbeam.foundation/