# Welcome

<figure><img src="/files/jeJiDQGxey1TabjfD8Qi" alt=""><figcaption></figcaption></figure>

Welcome to Beamable Network, the first onchain protocol turning compute into a liquid tokenized economy. Our protocol supplies compute from a distributed network, turning it into a highly accessible commodity. Customers benefit from cost reductions compared to legacy solutions, and token owners benefit from a share of network revenue and ownership of the protocol's value-exchange mechanism.&#x20;

## Essentials

<table data-card-size="large" data-view="cards" data-full-width="false"><thead><tr><th></th><th></th><th data-hidden data-type="content-ref"></th><th data-hidden data-card-target data-type="content-ref"></th></tr></thead><tbody><tr><td><strong>Info &#x26; Links</strong></td><td>Compiled list of official links and contract addresses. </td><td></td><td><a href="/pages/aoxz1iw1LKE7z5E9iNYH">/pages/aoxz1iw1LKE7z5E9iNYH</a></td></tr><tr><td><strong>Roadmap</strong></td><td>Development outline for the protocol. </td><td></td><td><a href="/pages/tsdUsu5XogNmTV4Iv4l3">/pages/tsdUsu5XogNmTV4Iv4l3</a></td></tr><tr><td><strong>Whitepaper</strong></td><td>Foundational concepts and groundwork for the DePIN protocol. </td><td><a href="/pages/qIH1dzihosBxm9jXJVTj">/pages/qIH1dzihosBxm9jXJVTj</a></td><td><a href="/pages/qIH1dzihosBxm9jXJVTj">/pages/qIH1dzihosBxm9jXJVTj</a></td></tr><tr><td>$BMB Token</td><td>Information about the token, including utility and protocol fundamentals. </td><td></td><td><a href="/pages/NtLMpWD9V0M8j2QTp9jf">/pages/NtLMpWD9V0M8j2QTp9jf</a></td></tr></tbody></table>


# Info & Links

<i class="fa-globe-pointer">:globe-pointer:</i>  [https://beamable.network](https://beamable.network/)

<i class="fa-x-twitter">:x-twitter:</i>  [@BeamableNetwork ](https://x.com/BeamableNetwork)

<i class="fa-telegram">:telegram:</i>  [/BMBCommunityPortal](https://t.me/bmbcommunityportal)

[$BMB Contract Address](https://solscan.io/token/BMBtwz6LFDJVJd2aZvL5F64fdvWP3RPn4NP5q9Xe15UD): `BMBtwz6LFDJVJd2aZvL5F64fdvWP3RPn4NP5q9Xe15UD` &#x20;

[$BMB Staking Contract](https://solscan.io/account/WSTKhDg9nQ8h2ZmnmNdR6heSGU6uYJSwdUNpzSYXBSe):  `WSTKhDg9nQ8h2ZmnmNdR6heSGU6uYJSwdUNpzSYXBSe`

***

### Checker Node Licenses

Checker Node License NFTs enable holders to operate Checker Node software, a crucial component of the Beamable Network Protocol.&#x20;

* [License Docs](https://docs.beamable.network/project-documentation/checker-node-licenses) &#x20;
* [Github Repo](https://github.com/Beamable-Network/depin/tree/main/ts/nodes/checker)
* [Setup Guide (𝕏 Article)](https://x.com/BeamableNetwork/status/1994876667261563040?s=20)
* [License NFT Contract](https://explorer.solana.com/address/5pGsDtB15vMRWbeZ7bpvaoT8AtHSexsytiTkuRv9H3Ws)&#x20;

### Community Ticket NFTs

NFTs given to early community supporters during our Airdrop Campaign in the lead-up to the $BMB TGE. These tickets rewarded supporters with a $BMB airdrop, and they may include future community access perks.&#x20;

[Premium](https://magiceden.us/marketplace/beamable_premium)

[S1](https://magiceden.us/marketplace/beamable_s1)  |  [S2](https://magiceden.us/marketplace/beamable_s2)  |  [S3](https://magiceden.us/marketplace/beamable_s3)  |  [S4](https://magiceden.us/marketplace/beamable_s4)  |  [S5](https://magiceden.us/marketplace/beamable_s5)


# $BMB Token

$BMB is a value-exchange mechanism that transforms decentralized compute into a liquid, tradable asset class, delivering significant cost advantages to customers while directing real on-chain revenue to token holders.

An SPL token on the Solana blockchain, $BMB settles operational rewards and aligns incentives for network participants in the Beamable Network Protocol, from operational rewards and service payments to revenue share. <br>

* **Network:** Solana
* **Contract Address:** [BMBtwz6LFDJVJd2aZvL5F64fdvWP3RPn4NP5q9Xe15UD](https://solscan.io/token/BMBtwz6LFDJVJd2aZvL5F64fdvWP3RPn4NP5q9Xe15UD)

## Protocol Utility

$BMB enables fully on-chain payment settlement, bypassing traditional financial institutions and cross-border payment friction.

* Customers can pay for compute in $BMB for discounted rates.
* Smart contracts settle incentives using $BMB.
* Checker Nodes earn $BMB for protocol operations.&#x20;
* Token owners earn $BMB for locking their tokens in the staking contract.
* Token owners play a key role in DAO governance, to be introduced in later protocol stages.&#x20;

## Staking Incentives

<https://staking.beamable.network/>

The protocol incentivizes the staking of $BMB tokens to align long-term holders with protocol success, sharing the outcomes of protocol activity with token holders and node operators.&#x20;

### **$BMB Token Rewards**

* A portion of the token emissions schedule is allocated to monthly staking rewards for $BMB holders. The exact amount is visible in real time on the [Staking Dashboard](https://staking.beamable.network) and is subject to future governance decisions.
* Each wallet's share of the monthly pool is dependent on its percentage share of the total $BMB tokens staked. The formula for estimating staking rewards is as follows, and a final calculation is provided in the Staking Console. \
  \
  &#x20;`Token Reward  =  (Your Staked Amount / Total Staked Amount) * Monthly Reward Pool`

### **USDC Rewards** *(Revenue Share)*

Two USDC Reward pools distribute monthly USDC rewards to token stakers. This comes from a percentage of the revenue earned by Worker Nodes (compute suppliers) within the protocol, which is 100% on-chain and reported by multiple services ([Beamable Network Live Stats](https://beamable.network/live-dash/), [DeFI Llama](https://defillama.com/protocol/beamable-network), [DePIN Pulse](https://depinpulse.app/?\[object%20Object])).&#x20;

**For the first year after mainnet launch, USDC rewards are distributed as follows:**

#### **Base Pool:** (available to all $BMB stakers)

* 5% Worker Node revenue is distributed across all wallets with staked $BMB.&#x20;
* `Your share = (Your staked $BMB / Total staked $BMB) * Base USDC Pool`

#### **Bonus Pool:** (exclusive to Checker Node License owners)

* An additional 5% of all Worker Node revenue is distributed in USDC exclusively to Checker Node License holders.
* Only wallets that own Checker Node Licenses NFTs are eligible.&#x20;
* Maximum recognized stake: 2,500 $BMB per Checker Node License owned.

```
Your share = (Your Recognized Stake / Total Recognized Stake) * Bonus USDC Pool

Where:
• Your Recognized Stake = up to 2,500 $BMB per license NFT owned
• Total Recognized Stake  =  all recognized $BMB in the bonus pool
• Bonus USDC Pool = 5% of total monthly Worker Node revenue
```


# Checker Nodes

**Checker Nodes** are lightweight software nodes that validate operational standards within the Beamable Network Protocol. They are operated by holders of Checker Node License NFTs.

Technically speaking, Checker Nodes are software packaged within Docker Containers (a method of pre-packaging software for ease of execution) that verify the integrity of Worker Node operations in the protocol, in exchange for reward distributions.&#x20;

Checker Node Licenses are NFTs on the Solana blockchain. Their purpose is to provide owners with the authority to deploy the Checker Node software in exchange for operational rewards.&#x20;

* [Checker Licensing Console](https://nodes.beamable.network/)
* [Checker Node License cNFT Contract](https://explorer.solana.com/address/5pGsDtB15vMRWbeZ7bpvaoT8AtHSexsytiTkuRv9H3Ws)

## Network Architecture

* **Customers** provision compute from the protocol.&#x20;
* **Worker Nodes** execute the workload and collect their service fee.
* **Checker Nodes** verify two things:
  * *Proof of Availability: confirmation that the Worker Node was online and available.*
  * *Proof of Service: confirmation that the Worker Node correctly executed the job.*

When a job is validated, tokens flow from the customer’s wallet to the **Worker, Checker,** and **Treasury**, all enforced on-chain.&#x20;

## Rewards

For maintaining operational standards, Checker Node License owners can earn daily token distributions as well as bonuses in token staking pools (including bonus revenue share opportunities).&#x20;

#### Operational Rewards

Operational Rewards are based on the number of "checks" completed by a Checker Node License in a 24-hour period. The term "check" covers the operations that Checker Nodes are responsible for — Proof of Availability and Proof of Service verification. The conditional factor for executing these checks is liveness. So long as the license is online, its checks will be automated.&#x20;

**The following formula can be used to estimate monthly Checker Node License Rewards.** \
It is important to recognize that this formula cannot perfectly determine monthly rewards, since new licenses and workloads can be introduced at any time.&#x20;

```
Monthly Operational Reward ≈ (Active Checkers / Desired Checkers) × (Base Pool / Active Checkers)
                        = Base Pool / Desired Checkers

Where:
• Desired Checkers = target number set by Foundation/DAO for healthy network operation
• Base Pool ≈ 1.67 million $BMB per month (10% of total supply emitted over 5 years)

All operational rewards are vested over 90 days from the claim date.
```

#### Staking Rewards

All $BMB token owners who stake their $BMB are eligible for token rewards and revenue incentives, set by Worker Node operators for their staking pools. Checker Node License owners are eligible to benefit from a bonus USDC pool attached to Worker Node Pools.&#x20;

For **each Checker Node License held**, up to 2500 $BMB can benefit from the bonus USDC pool. This pool, in the early protocol, will payout 5% of all revenue earned by the base Worker (which makes up all of the protocol's initial onchain revenue) to Checker Node License owners. More details on staking are defined on the [$BMB Token page](/project-documentation/usdbmb-token).&#x20;

## Node Operations

Operators can self-host or delegate hosting to an approved Node-as-a-Service (NaaS) partner to begin executing checks and earning operational rewards.&#x20;

### Delegated Operation (NaaS)

Hosting with a NaaS Partner is a simple and time-efficient solution that can be set up with a low budget and no technical lift. Each partner allows License Owners to operate up to 50 licenses per subscription. &#x20;

* **DeEEP** is a Beamable-supported NaaS platform, which runs on the DeEEP Network, a DePIN network of devices that allow operators to host on a truly decentralized platform.&#x20;
  * Price: $5/month or $42 per year
  * Website: <https://beamable.deeep.network/>
* **Easeflow** is a trusted name in DePIN and a partnered NaaS platform for node operations.
  * Price: $5/month with discounts for 3, 6, and 12-month subscriptions.&#x20;
  * Website: <https://app.easeflow.io/new-node?network=BEAMABLE>

### Self-Hosting

This is a more technical approach, recommended for operators with experience utilizing command-line interfaces to execute and deploy software onto VPS or hardware devices.&#x20;

#### Recommended Hardware

* CPU: 0.25 vCPU
* RAM: 512MB
* Storage: 512MB
* Bandwidth: 10 Mbps up/down
* Uptime Requirement: 95%+

#### Self-Hosting Resources

* [Github Repo](https://docs.beamable.network/project-documentation/checker-node-licenses)&#x20;
* [Self-Hosting Guide](https://x.com/BeamableNetwork/status/1994876667261563040?s=20)
* [Checker Node Licensing Console](https://nodes.beamable.network/)

## FAQ

* **How does vesting work and how often are rewards paid?** \
  Rewards are distributed daily, based on approved checks completed. Token vesting begins only once rewards are claimed in the [Licensing Console](https://nodes.beamable.network/). <br>
* **How do license owners earn revenue share?** \
  Checker Node License owners who stake $BMB can benefit from the bonus revenue share, which allocates 5% of Worker Node revenue to license owners who stake their $BMB. More details are available on the [$BMB Token page](/project-documentation/usdbmb-token). <br>
* **When do license NFTs become transferable?** \
  Checker Node License NFTs are non-transferable until Nov. 12, 2026 *(one year after TGE).* <br>
* **Can I still purchase Checker Node Licenses?** \
  Licenses are sold during dedicated sales windows, which can be tracked at <https://beamable.network/nodes>. <br>
* **What is the total supply of Checker Node Licenses that will be sold?** \
  While there is no hard cap on total supply, the foundation aims to maintain a supply of 10,000 or fewer, in the current outlook on long-term protocol and emissions health. <br>
* **How can I get technical support?** \
  Technical support for Checker Nodes and all other inquiries can be found in our official Discord server at[ https://discord.gg/beamablenetwork](https://discord.gg/beamablenetwork).

## Legal

* Jurisdiction restrictions may apply.
* Node Licenses are not equity or financial instruments.
* Full terms available in [Checker Node License Terms](https://docs.beamable.network/policies/node-license-agreement-reference).


# Roadmap

<figure><img src="/files/xVQXIO0Qzekl2yiWRfDu" alt=""><figcaption><p>Phases 1 - 4</p></figcaption></figure>

## ✅Phase 1: HYDRON - Lift Off

| 2025 Q2                                                                                                 |
| ------------------------------------------------------------------------------------------------------- |
| <ul><li>Public Roadmap Announcement</li><li>TGE Community Airdrop Criteria for $BMB Published</li></ul> |

## Phase 2: NEON - Signal &#x20;

| 2025 Q3                                                                                                                                                                                                                                                                                    |
| ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ |
| <ul><li>Alpha Node Sale</li><li>Distribute Alpha Node License NFTs</li><li>Security Audits of Token Smart-Contracts </li><li>$BMB Token Pre-Sale Round</li><li>$BMB Community Airdrop Snapshot</li><li>Airdrop Platform Launch & Claim</li><li>Announce Workload Node Suppliers </li></ul> |

## Phase 3:  ARGON - Expansion

| 2025 Q4                                                                                                                                                                             |
| ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| <ul><li>Public Checker Node Sale</li><li>Distribute Checker Node License NFTs to Node Buyers</li><li>Checker Node Launch </li><li>Worker Node Liveliness Dashboard Launch</li></ul> |

## Phase 4:  KRYPTON - Infrastructure

| 2025 Q4                                                                                                                                                                                                                       |
| ----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| <ul><li>DAO Activated</li><li>Launch Orderbook V1 for Game Compute Workloads</li><li>Implement On-Chain payment settlement</li><li>Add Worker Completion Checks</li><li>Launch the Public Dashboard for the Project</li></ul> |

<figure><img src="/files/pMx9zlqjiEPC5UxjnO6R" alt=""><figcaption><p>Phases 5 - 7</p></figcaption></figure>

## Phase 5: XENON - Enforcement

| 2026 Q1                                                                                                                                                                                      |
| -------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- |
| <ul><li>Activate Slashing Mechanisms</li><li>Announce a Security Council for Governance</li><li>Activate Worker Node Reputation </li><li>Upgrade Orderbook to V2 Matching Criteria</li></ul> |

## Phase 6: OZONE - Scale & Migration

| 2026                                                                                                                                             |
| ------------------------------------------------------------------------------------------------------------------------------------------------ |
| <ul><li>Migrate Beamable Compute Workloads From Cloud Providers to Beamable Network </li><li>Upgrade Orderbook to V3 Matching Criteria</li></ul> |

## Phase 7: FUSION - Ecosystem

| 2026                                                                                                                                      |
| ----------------------------------------------------------------------------------------------------------------------------------------- |
| <ul><li>Launch Creator Ecosystem</li><li>Activate Creator Royalty Payments</li><li>Launch Partner Workload Migration Incentives</li></ul> |


# MiCA Whitepaper

Beamable Network MiCA Whitepaper

#### Download the MiCA Whitepaper below.

{% file src="/files/pDRkzzU1Ucj8w5n2IsyN" %}


# Whitepaper

Gaming is a $200B+ per year global market with billions of end-users worldwide. One of the most complex aspects of this business is that games are no longer simply software—they are “Live Services,” in which games are maintained online and often generate revenue as people continue to consume them. Game companies spend billions of dollars on cloud-based infrastructure, backend technology, and siloed development efforts to support this business model. Yet these initiatives often come with massive amounts of risk, technical debt, and dependencies on centralized providers who can disrupt the operations of games.<br>

Game development has a unique set of technical requirements—statefulness, high concurrency, latency optimization, development workflow integration, and interoperability between core components (accounts, inventory, social systems, etc.)

Beamable is creating the first decentralized physical infrastructure network (DePIN) to support the backend and Live Services requirements of game developers. Our network is built around several principles:<br>

* Sustainability of the network through decentralized ownership of physical infrastructure—de-risking the network for all of the games on it.
* Composability of software built on top of the network, enabling an ecosystem of third-party plugins with built-in scalability. These modules add value to all games on the network—while providing revenue incentives for independent backend developers.
* Enterprise-grade infrastructure nodes to ensure that the network delivers the high quality of service and performance necessary for the most demanding games.
* Superior unit economics results from the network's ability to pair gaming workloads with appropriate and cost-optimized compute providers and absorb burst-traffic by aggregating across large network capacity.
* Standardization of workflows, deployment processes, and data objects to help accelerate game development velocity, predictability, and reliability.


# Market Summary

### **Games are the most important form of art and media category in the 21st century.**&#x20;

There are 3.3 billion players of games—a number that will continue to grow, fueled by rapid expansion in emerging economies, as well as new business models and new media tie-ins. Games have even become a driver of traditional media, just as new hit shows, including Fallout—reaching an audience of over 65 million viewers in its first two weeks—have proved.

<figure><img src="/files/hKpkX8QrryAXs1GaUJAc" alt=""><figcaption><p>Source: NewZoo Global Games Report 2023, Updated May 2024</p></figcaption></figure>

Likewise, the number of online games has dramatically expanded: nearly 19,000 games were launched on Steam, the leading PC game distribution platform, in 2023.

<figure><img src="/files/EBrFaMo8bXOHA6VR0sqX" alt=""><figcaption><p>Source: SteamDB</p></figcaption></figure>

Mobile games are even more prolific, with over 700,000 on the Google Play and iOS App Store.

### **Live Services is Eating Gaming**

In a poll of over 500 game studios, 95% of them are already operating—or intend to release—a Live Services game. Live Services games are those with online components. Online features can range from the simple (occasional content updates or cooperative features) to the complex (complicated social systems, real-time interaction, or virtual economies). Live features increase a game’s key metrics—retention, revenue, and engagement—and are here to stay.

<figure><img src="/files/uVlFXLTWb1ongrxWcEdU" alt=""><figcaption><p>Source: Griffin Gaming Partners</p></figcaption></figure>

In the past, game studios built their own Live Services technology. This is how games like World of Warcraft and League of Legends were built. These companies were pioneers, and few examples preceded them. Yet, creating this infrastructure frequently costs tens of millions of dollars; a 2024 research report estimated the average cost at approximately $22 million per studio.

**Studios Prefer Buying to Building**

It makes sense for studios to buy their Live Services technology instead of building it themselves: in a market where fun-funding and development velocity are paramount, the risks and costs of a home-brew solution are often too significant.

Studios see many reasons to buy: improving their development velocity (i.e., time-to-market), improving stability, standardization, cost reduction, and avoidance of technical debt.

<figure><img src="/files/VJKLbXlxG1Lt7ZfKWvi8" alt=""><figcaption><p>Source: Griffin Gaming Partners</p></figcaption></figure>

Early gaming backend technology companies emerged in 2015, including PlayFab (now part of Microsoft) and GameSparks (subsequently discontinued by Amazon).

Subsequent products have offered alternatives, but they all contain centralized dependencies of various kinds—sometimes proprietary code and sometimes dependencies on specific infrastructure providers.\
Beamable has taken a different approach compared to other backend technology vendors: one focused on extensibility and interoperability. Version 1.0 was released in 2022, following years of development that began at Disruptor Beam, a game studio that shipped live games to 20 million players. Since that time, Beamable has opened its ecosystem to third-party developers to build extensions to its platforms. The next stage of Beamable is to remove centralized dependencies on compute suppliers.


# Democratization of Game Development

Once, game development was primarily the domain of teams with specialized graphics expertise. This changed with the development of game engines such as Unity and Unreal, which freed developers from having to continuously invent 3D technology. Unity and Unreal remain dominant amongst commercial game developers, while a proliferation of upstarts, as well as “owned publishing destinations” such as Fortnite Creator Mode and Roblo,x have emerged to make it even easier to create online, interactive experiences:

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfLr_B7P8u5ys0QycGYGyNKgosylfdPlFUcda6A-z2fILc3I7nuiJ_Sj8SVJCX67Ymf9uatrMIMrAWJv24LYzPIGID9gA61Iai6CWJZb4r88HkY1yhO7CbxoOduNf_k42Z57eaWCw?key=TdLTEoGtVMn63dxGzSb35lGa" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/FxJ0Uo2OyJgUV9N9DDJJ" alt=""><figcaption></figcaption></figure>

Platforms such as Unity enabled the creation of vast and successful Live Services titles; examples include billion-dollar hits like Hearthstone and Pokémon Go.

In 2024, the most successful new launches on Steam (Palworld, Helldivers 2) were live games built by smaller teams:

<figure><img src="/files/82CUe2ZYkNNpRtmNzbfi" alt=""><figcaption></figcaption></figure>

In the long tail of this market, there are all-in-one “metaverse” platforms such as Roblox and Fortnite.<br>


# The Direct-from-Imagination Era

Metaverse platforms and generative AI show us where we’re heading: a world in which if you can imagine it, you can get it onto the screen.

However, current metaverse platforms are highly centralized, have high rents, are subject to top-down censorship, and are ultimately limited in their expressiveness.

We are in a transformational process—one in which the tools are becoming interoperable, extensible, and democratized. As we move into the Creator Era, the most significant opportunity for the broadest number of developers will arise as games become primarily a creative task rather than a technical one.

<figure><img src="/files/nzfcqqitleDJdjHgXf33" alt=""><figcaption></figcaption></figure>

<figure><img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXfJyWQUHTX0moByFbU1uUG1tvgLet9SK9xe08EZq3EtaMHfKrHq2W8fU0l0RL9arE7kMZZujAzKWV_eVbSYj3tDxBWHm5piWIbbbj_GXJQANVJJbqECi_9d4c4Rqo_Hek1YqsKO?key=TdLTEoGtVMn63dxGzSb35lGa" alt=""><figcaption></figcaption></figure>

### **Backend Technology has Lagged Behind**

Developers are caught between difficult choices for making a Live Services game:

* Buy commercial 3D engines + build expensive/risky backend
* High-rent, limited-expression platforms such as Roblox
* Buy commercial 3D engines + buy (license) a backend

The latter option—buying the technology—appears to yield the most economic and risk-adjusted return for most developers. However, two reasons stand out for why they might build anyway: a lack of functionality and the risk of relying on a particular vendor.

<figure><img src="/files/ePO4Oeq4Zb46B4E09D3Q" alt=""><figcaption><p>Source: Griffin Gaming Partners</p></figcaption></figure>

### **The Problem of Trust**

Live Services technology is a trust business: these products can control the destiny of a game. Even small amounts of downtime can result in massive losses, and an outright failure to scale can be catastrophic to a new launch.

<figure><img src="/files/e8sB8JBJdMOUikDBxJb7" alt=""><figcaption><p>Source: Griffin Gaming Partners</p></figcaption></figure>

As noted above, platforms can come and go. Even a large platform owner like Amazon does not guarantee continuity, as thousands of games learned when GameSparks was discontinued.


# Decentralization: a Solution to Trust

A decentralized system is one in which dependencies are distributed amongst a variety of service providers so that those who depend on the services aren’t exposed to risks if any one of them discontinues services or changes their business model. Decentralization addresses the problem of centralized dependencies, such as those inherent in the backend service providers discussed above.

Beamable is a cloud-based software-as-a-service (SaaS) product that helps developers rapidly implement and deploy Live Services for their games. The platform has added more distributed and decentralized interfaces, including a “Private Cloud” version that allows the software stack to be deployed on a game’s self-hosted infrastructure.

Beamable intends to fully decentralize its microservices architecture and distribute it to a network of independent node operators. This has been done in the past for projects like [Seti@Home](https://setiathome.berkeley.edu/) and [Folding@Home](https://foldingathome.org/), where the underutilized computational capacity in everyday computers was harnessed to search for extraterrestrial life and solutions to diseases. Indeed, during the early months of the COVID-19 pandemic, Folding\@Home aggregated compute from enough computers to create a 1.5 exaflop virtual supercomputer.

Beamable will aggregate unused computational capacity to do the same for computer gaming, freeing game developers from reliance on centralized tech, expensive backend buildouts, and the whims of larger infrastructure companies. This benefits developers in multiple ways:

* **De-risk** by giving developers a network of standardized service providers
* **Scale** by distributing gaming workloads over a diversified network of node operators
* **Interoperate:** Grow an ecosystem of interoperable software that shares the same compute, deployment, and scale-out architecture

Beamable’s architecture is ideal for such a network. It is already built around highly scalable microservices, which means it distributes and orchestrates software modules across a networked virtual machine infrastructure. These modules are independently deployed, executed, and scaled up as needed to meet demand. This means that capacity can be added to the network using independent node operators, expanding beyond the current centralized and on-premises networks it operates on.

Additionally, Beamable has the advantage of a deep investment in workflow and tooling that accelerates adoption. This includes an SDK for Unity and Unreal that makes it easy to create server code for a game or metaverse applications within the native authoring environment. In addition to a game’s custom code, this also includes a marketplace ecosystem of plug-in components that enable microservices to interoperate with other third-party software, ranging from blockchain integrations to generative AI, analytics, real-time multiplayer features, and a variety of other flexible use cases.


# Decentralized Physical Infrastructure Networks (DePIN)

Whereas donating computational time is appropriate for nonprofit projects like Folding\@Home and Seti\@Home, many others need a commercial solution that incentivizes computer operators to join networks. Blockchain is an ideal framework for distributing and implementing such projects by providing the accountability and composability layer, while leaving the actual workloads to the technologies best suited to those tasks.

Today, there are Decentralized Physical Infrastructure Networks ([DePIN projects](https://depinhub.io/projects)) for various applications that require specialized infrastructure. These projects are built around high-performing tech stacks where blockchain provides the accounting and compensation mechanisms. Examples include:

* **Helium:** Install a Wi-Fi router anywhere you want. Network subscribers can access the Internet through your device, and they will pay you in the network currency for making it available.
* **Theta Network:** a decentralized cloud for media, AI, and entertainment; Theta distributes video streaming across individual node operators and has a computational service that has implemented protein-folding within their network.
* **Aethir:** harnesses cloud-based GPUs to enable rendering, cloud-based gaming, and AI applications.
* **Akash:** allows users to provision and lease servers from a decentralized cloud.

### **DePIN Flywheel**

An advantage of DePIN is the powerful built-in network effects. As demand grows on the network, suppliers are incentive to add more compute to meet the demand; as more supply is available, greater coverage (geographic as well as for an increasing number of games) becomes available; and as coverage expands, it simultaneously improves quality-of-service as well as lowers the risk for games to adopt the network. That, in turn, results in more transactions, greater liquidity, and accrual of value for native network tokens.&#x20;

<figure><img src="/files/8dKz5FsgPVCLtfAxxiNB" alt=""><figcaption><p>Source: Messari, State of DePIN 2023</p></figcaption></figure>

### **Composability**

A unique opportunity for the Beamable DePIN is to further enhance the network effects by creating a marketplace of game-oriented backend code components. When combined with blockchain-based methods of capturing value (e.g., adding a software royalty to the computational service fees), it means that:

* Third-party developers have a revenue incentive to join the network, maintain software add-ons, and even recruit new games to join the network.
* Game developers can benefit from interoperability and potentially generate new sources of revenue by sharing interoperable components with other game studios.
* As new software is built on top of the network, it further drives demand for computation, providing an additional incentive for compute suppliers.

**Established Demand**

One of the most challenging aspects of starting a new DePIN project is overcoming the cold-start problem inherent in any two-sided marketplace: gathering enough demand to make providing capacity attractive to suppliers. Fortunately, Beamable’s backend platform has enjoyed substantial growth. The API calls on the platform represent activity that will be progressively shifted towards the DePIN network to provide suppliers with demand.

<figure><img src="/files/k3nYLhF1vGUdFopz0PtY" alt=""><figcaption></figcaption></figure>

As of January 2025, Beamable’s platform already services over 6 billion API calls per month. It does not matter if a game is a “web2” or “web3” demand—both require backend infrastructure, and the enormous demand that exists within the web2 gaming markets results in traffic that can be satisfied by a DePIN network; web2 games do not need to commit to open trading economies to benefit from DePIN.


# Technology Background

In the lifecycle of a game’s development and operations, a developer must:

* **Code** new features and create rules, art, content, etc., from the authoring environments that each contributor is accustomed to&#x20;
* **Build** code, content, and data into servers and client binaries&#x20;
* **Test** builds within individual workstations, testing environments, playtesting servers, etc.&#x20;
* **Integrate** changes from multiple developers, including coders, artists, and designers&#x20;
* **Deploy** changes to different environments, up to and including “production”&#x20;
* **Operate** the live game (i.e., “LiveOps”): events, promotions, economy, etc.&#x20;
* **Monitor** results, cost, and performance&#x20;
* **Plan** from the results and plan for the next set of features, code, and content&#x20;

Beamable’s software is an integrated platform for facilitating every step of a game’s lifecycle.

<figure><img src="/files/Ab4SyCA1EXacXd6AnPHP" alt=""><figcaption><p>Facilitating the Game Development lifeycle</p></figcaption></figure>

### **Beamable Tech Stack**

The core of Beamable’s technology is a framework that bridges game development in 3D engines, such as Unity and Unreal, to the processes required for Live Services games.

Beamable does this by allowing game developers to author inside the native editors of their preferred 3D engine and add custom server code that sits side-by-side with their client code. This integrated approach means that code authoring, debugging, deployment, scale-out, and live operations are treated as a continuous and integrated process, relieving developers of the need to stitch together numerous tools.

An example of the Beamable approach to game development is how easily it is to create, debug, and deploy server code directly from within your 3D engine. In this example, a developer is writing C# code in Unity side-by-side with their server code:

<figure><img src="/files/ULnlzSxSUqwJXtYj0Vyn" alt=""><figcaption></figcaption></figure>

### **Microservices**

The logic of a game (calculating the damage for a spell, coordinating state in a multiplayer game, changing a player’s inventory, or anything else you can imagine) can be separated into distinct functions. These functions may be invoked by the game client or from server-to-server requests.&#x20;

In Beamable, game logic is organized into “microservices,” an architectural paradigm in which server code is organized into units that may be independently changed, deployed, and released. The advantage is that multiple developers can work on a complex codebase with more precise separation of responsibilities, and the testing and release parts of the game development lifecycle become more manageable.

### **Distributing and Scaling Microservices**

Microservices connect to an API Gateway with a persistent websocket, authenticate using an API key, and register themselves for traffic when they start up. Beamable routes requests to microservices through the websocket connections and monitors the health of each service container. Should a service instance fail enough health checks, the connection is terminated automatically, and requests are no longer routed to that instance.

### **Containers**

Microservices are little chunks of code executed from within another technology that contains the Beamable Tech Stack.

Containers are lightweight, sandbox-like environments at the operating system level. Because they are sandboxed from each other, their contents have no awareness of or access to the other containers' resources (such as network interfaces, storage, etc.). Containers enable efficient and secure code distribution across diverse hardware systems, unlike virtual machines, which utilize a hypervisor to launch entire operating systems on the same piece of hardware, resulting in significant resource duplication and inefficient utilization.

Docker is a Container implementation used by the Beamable distributed network to facilitate the execution of the Beamable Tech Stack across various server environments. This diagram illustrates how code images can be distributed to different hosts, including the developer's machine, a QA environment, or a cloud provider such as Amazon Web Services (AWS).

### **Deployment and Auto-Scaling**

Beamable automates the deployment and scaling of microservice containers, leveraging a mixture of on-demand and spot instances to optimize for cost. Each is scaled to additional server instances based on average compute usage.&#x20;

### **Stateful Workloads and Distributed Actors**

One feature of most games is that they are stateful, meaning they maintain the state of the world between multiple participants from request to request (in contrast to most database applications used on websites or AI inference, where requests are transactional).

Distributed Actors are another technology that Beamable utilizes in its tech stack to execute stateful workloads very efficiently. These workloads are crucial to many game applications (e.g., Game Worlds, Matchmaking, Leaderboards, Tournaments, etc.). Combining this with decentralization will allow a whole class of advanced, decentralized capabilities to be run efficiently.

Actors are workloads that encapsulate state, cluster together, and communicate with each other. Distributed actors (as opposed to local actors) can live across multiple processes and communicate with each other over the network. They are generally created in, at most, one place within the memory of an actor host process. This is a powerful paradigm for concurrency and distributed systems, as it enables highly stateful workloads to be executed efficiently. The data doesn’t have to be unloaded or reloaded with each request, and it can be structured for optimal read/write access. Furthermore, actors are created or relocated to an actor-host proximate to the requester.


# Decentralizing with Web3: Token Utility & Nodes

**$BMB Tokens**

Tokens are used to exchange value between service providers (the operators of physical infrastructure used for compute) and the games that pay for their services. As noted previously, it also provides a mechanism for independent software developers to deploy code into the ecosystem, allowing them to add new capabilities to game developers while capturing a royalty in exchange for their work. As the services are used on the network, an ecosystem fee is added to payments, which is then removed from circulation and placed into the project treasury.

The utility token used by Beamable Network is $BMB.

<figure><img src="/files/m3cSH42xNFyJkm4SO33H" alt=""><figcaption></figcaption></figure>

<figure><img src="/files/Td8n4RdpEXiomSIKBxFv" alt=""><figcaption></figcaption></figure>

### **Protocol Roles**

Value exchanges are implemented through smart contracts. Several roles exist within the protocol implementation:

<figure><img src="/files/9lLzCONDxAg5e8tNxxzT" alt=""><figcaption></figcaption></figure>

### **Developer**

A developer is the creator of any microservice code. This could be Beamable, which creates off-the-shelf microservices for a range of capabilities, or a third-party developer who creates microservices for the game developer ecosystem to use.

### **Games**

Games are where the fun happens. They frequently need to run microservices to provide a live game experience to their players. When a microservice is required, the game initiates a connection to a Router Node, which matches the game to a particular Container based on criteria such as QoS and price requirements.&#x20;

The Game’s wallet is debited fees for the workload, including:

* A Service Fee set by the Container for executing the workload
* An optional Priority Fee set by the Game to bid higher than the set Service Fee
* An Ecosystem Fee, a small percentage of the (Service Fee + Priority Fee), which is retained by the Foundation to support ongoing development
* A Developer Royalty, which is a % of the (Service Fee + Priority Fee) goes to the developer of the microservice used (which could be 0% in the event of a public domain microservice or something the Game created for themselves).

### **Worker Nodes**

Worker nodes host the actual gaming workloads. Beamable containers execute flexible microservices, including everything from custom C# game logic to off-the-shelf “games as a service” modules and third-party plugins.

Worker nodes collect a Service Fee (which they set) as well as any Priority Fee.

Because many game developers prefer the relative stability of stablecoin payments, USDC will also be permitted as a pricing model in the network (beyond pricing services in the project’s native token). Worker Node operators may set their Service Fee in either the native token for the project or price in USDC (for a higher network fee). In either case, the node operator’s wallet will be credited in a native token, which they must hold for a period of time before withdrawal (partly as a form of decreasing circulating supply to reflect network demand, as well as to permit a challenge period during which time anyone on the network could question whether the node delivered the services it claimed).

In addition, Worker Nodes can receive rewards for providing high availability, even when they do not process any workloads. This ensures that Worker Nodes are kept online and incentivizes the capitalization of physical infrastructure during the build-up phase of the DePIN.

### **Router Nodes**

Routers are API gateways that link games to the containers capable of delivering the appropriate quality of service (QoS) they need, accounting for factors such as latency (relative to the players and game servers, favoring high-speed edge nodes where possible), the container nodes' quality-of-service history, and overall performance.

One of the keys to decentralized infrastructure is ensuring that the games (and consequently, their players) receive the QoS they’re responsible for. Some games, such as real-time MMORPGs, may require ultra-low-latency responses and have the unit economics to support it. Others (e.g., turn-based strategy games) might be able to accept lower latency. In a DePIN network, you can allow game studios to bid a premium when they require enterprise-grade QoS; likewise, game studios could bid at a lower rate for infrastructure when their needs are more modest.

Router Nodes owners will be rewarded with $BMB network tokens for providing routing services.

### **Checker Nodes**

Checker nodes are a decentralized network of nodes that make sure the network operates with integrity. They do two types of checks:

Proof of Availability: checks the Worker Nodes to verify that they’re available to execute workloads (also called “liveliness”). This is used to reward node operators for setting up physical hardware before the demand is fulfilled.

Proof of Service: Cryptographic methods have been developed to confirm that workers in a computational network have performed the work they claim. This includes zero-knowledge proof of computation and verifiable compute algorithms. The Checker nodes will be responsible for conducting this validation, after which tokens are transferred from the Game’s wallet to the other recipients (the Ecosystem treasury for the Ecosystem Fee, the Container Node for the Service Fee and optional Priority Fee, and the Developer wallet for any royalty they are owed).


# Incentive Mechanisms

The following summarizes the incentive mechanisms to be incorporated into the protocol’s design:

### **Incentive Structuring**

Beamable’s incentive structure includes staking requirements for nodes, slashing (penalty deductions) for misbehavior, and tiered rewards based on node performance. The model draws inspiration from existing DePIN staking mechanics and a tiered rewards approach.

### **Staking Dynamics**

* The system is designed to require a minimum stake of $BMB for the nodes, complemented by delegated staking for broader community participation in network security and governance.
* Checker nodes receive rewards to ensure data integrity, with tiered rewards that adjust based on performance, maintaining high standards for service quality.

### **Additional Mechanisms**

* Beamable will develop a reputation system for nodes to encourage consistent performance. To this end, it will offers bonuses or higher rewards to nodes with a proven track record.
* Reward Vesting and Lockup Periods: To reduce sell pressure initially, Beamable will implement reward vesting for newly minted rewards to delay their distribution. This can be aligned with project milestones or specific compute performance metrics. Introducing early withdrawal penalties similar to Akash's model to discourage selling before rewards mature.

### **Compute credits**

Credits are purchased with the project’s native token $BMB, creating continuous demand, as used in similar protocols such as Helium and Akash.


# Tokenomics&#x20;

<figure><img src="/files/DcKHKfKexyENpv5YQxHL" alt=""><figcaption></figcaption></figure>

### $BMB Token Information

The ticker for the Beamable Network token is **$BMB.**

Once unlocked, there will be a maximum supply of one billion (1,000,000,000) Beamable Network $BMB tokens.

TGE (Token Generation Event) is currently expected in the second half of 2025.

### Community/Node Incentives

The largest share of the $BMB token supply is allocated to Community and Node incentives. This includes these subcategories:

* 30% of Total $BMB supply of 1 Billion $BMB is allocated for node incentives; 10% of this (i.e. 3% of the total supply) is unlocked at TGE with the remainder emitted linearly over 60 months. Specifically,
  * Checker Nodes are allocated 10% of the Total $BMB Supply, Worker Nodes are allocated 10% of the Total $BMB Supply, and the remaining 10% of the Total $BMB Supply is reserved for Incentive Campaigns and Router Nodes. In the first 12 months following TGE, this latter reserve will be used as bonus rewards for Checker Nodes.
  * In addition to base rewards for network participation, Checker nodes which participate in staking with the protocol will receive $BMB tokens as revenue-share from the protocol. In the first 12 months, the Network Governing Committee will set revenue-share split each month, with the maximum up to 10% of Total Network Revenue, with the minimum always being at least 5% of Total Network Revenue.
* 2% of the total supply has been reserved for airdrops. The tokens associated with this will be unlocked for the Foundation at the TGE and reserved for distribution according to the rules of each airdrop season.
* 4% is reserved for community campaigns to be managed by the Foundation and unlocked at the TGE, including but not limited to growth campaigns, bug bounties, and community growth programs.

### DAO Treasury & Ecosystem

These tokens are allocated to the Foundation for its operations, supporting the health of the protocol, and for investments in the ecosystem's growth. These tokens are unlocked at 25% at the TGE and then linearly over 24 months.

### Core Team, Advisors, and Investors

The Core Team, Advisors, and Investors share an identical unlock schedule: 10% one year from the TGE, and then linearly over the next 24 months.

### Liquidity and Token Launch

These tokens will be issued via the Beamable Network's token launch platform, as well as to facilitate exchange listings and market making. These tokens are fully unlocked at the TGE.

<br>


# Staking

You become an active participant in Beamable Network’s decentralized infrastructure by staking $BMB to help power workloads, earn rewards, and shape the future of on-chain compute.

When you stake $BMB, you **Earn compensation & yield:** Stakers share directly in network revenue and node incentives. Worker and Checker node participants earn weekly rewards, revenue share from game workloads, and bonus emissions. Rewards can be auto-staked, letting your position grow every week. Locked rewards unlock gradually, helping stabilize token supply and protect long-term holders.\
\
Briefly, staking $BMB aligns incentives between game builders, node operators, and the broader community. It turns passive holders into active contributors who earn compensation & yield, and guide governance in the world’s first gaming-focused DePIN with built-in supply.


# References

&#x20;1\. Radoff, Jon (4 January 2024). “Games and Attention: the Economics,” <https://meditations.metavert.io/p/games-and-attention-the-economics>

&#x20;2\. NewZoo (2024), “Global Games Market Report 2023,” <https://newzoo.com/resources/trend-reports/newzoo-global-games-market-report-2023-free-version>

3. Rousseau, Jeffry (29 April 2024). “Fallout TV Show amassed 65 million viewers in its first two weeks,”  <https://www.gamesindustry.biz/fallout-tv-show-amassed-65-million-viewers-in-its-first-two-weeks>
4. Steam Games Release by Year (2024), <https://steamdb.info/stats/releases/>
5. Knezovic, Andrea (June 11, 2024). “Mobile Gaming Statistics,” <https://www.blog.udonis.co/mobile-marketing/mobile-games/mobile-gaming-statistics>
6. Griffin Gaming Partners, “2023 Game Development Report,” p. 10, <https://griffingp.com/wp-content/uploads/2024/02/2023-Game-Development-Report.pdf>
7. Ibid
8. Wilson, Chris (21 January 2024). “Revealed: The Trust Cost of Building Your Own Backend,” Metaplay, <https://metaplay.io/blog/the-true-cost-of-building-your-own-backend>
9. Radoff, Jon (25 May 2023). “75 Lessons Learned from Live Game Development,” <https://meditations.metavert.io/p/75-lessons-learned-from-live-game>
10. Griffin, “2023 Game Development Report,” p. 36
11. Microsoft, (10 May 2023). “PlayFab Release Notes 2015,” <https://learn.microsoft.com/en-us/gaming/playfab/release-notes/2015>
12. Lunden, Ingrid (5 March 2018). “Amazon confirms that it has acquired Gamesparks,” TechCrunch, <https://techcrunch.com/2018/03/05/amazon-confirms-that-it-has-acquired-gamesparks/>
13. Sackenheim, Shawn (15 January 2022). “Gamesparks Service to End in September, Potential Threat to Thousands of Titles,” Delisted Games, <https://delistedgames.com/gamesparks-service-to-end-in-september-potential-threat-to-thousands-of-titles/>
14. Beamable Blog (11 February 2022). “Beamable 1.0 Launch,” <https://beamable.com/blog/beamable-release-unity-sdk-1-0->0
15. Kirwin, Troy and Lai, Jonathan (13 December 2023). “Unbundling the Game Engine: The Rise of Next Generation 3D Creation Engines,” <https://a16z.com/unbundling-the-game-engine/>
16. Video Game Insights (9 April 2024). “State of Free to Play on Steam in 2024,” p. 10, <https://vginsights.com/insights/article/state-of-free-to-play-on-steam-in-2024-industry-report>
17. Radoff, Jon (18 Jan 2023). “The Direct from Imagination Era has Begun,” <https://meditations.metavert.io/p/the-direct-from-imagination-era-has-begun-8a01244b75>
18. Griffin, “2023 Game Development Report,” p. 36
19. Griffin, “2023 Game Development Report,” p. 32
20. Radoff, Jon (18 Jan 2023). “The Direct From Imagination Era Has Begun,” <https://meditations.metavert.io/p/the-direct-from-imagination-era-has-begun-8a01244b75>
21. Pahl, Claus and Jamshidi, Pooyan (2016). “Microservices: a Systematic Mapping Study,” <https://www.scitepress.org/PublishedPapers/2016/57855/57855.pdf>
22. &#x20;Kassab, Sami and Gala, Salvador (5 January 2024). “State of DePIN, <https://messari.io/report-pdf/f125632168e9a04e016fe43bc551f412389eda4f.pdf>
23. Beamable (17 March 2022). “Architecture for Scalable, Reliable and Efficient Game Operations,” <https://beamable.com/blog/beamable-releases-technical-white-paper>
24. Newman, Sam (2021). “Building Microservices,” O’Reilly Media
25. Merkel, Dirk (2014). “Docker: Lightweight Linux Containers for Consistent Development and Deployment”, Linux Journal, <https://www.seltzer.com/margo/teaching/CS508.19/papers/merkel14.pdf>
26. Sykes, Edward R. and DiVito, Alec, (30 April 2024). “An objective comparison of two prominent virtual actor frameworks: Proto.Actor and Orleans,” International Journal of Communication Networks and Distributed Systems, Vol. 30, No. 3, <https://www.inderscienceonline.com/doi/abs/10.1504/IJCNDS.2024.138217>
27. Gennaro, Rosario; Gentry, Craig; Parno, Bryan (31 August 2010). Non-Interactive Verifiable Computing: Outsourcing Computation to Untrusted Workers. [doi](https://en.wikipedia.org/wiki/Doi_\(identifier\)):[10.1007/978–3–642–14623–7\_25](https://doi.org/10.1007%2F978-3-642-14623-7_25).
28. Radoff, Jon, (11 June 2024). “Decentralized Game Infrastructure,” <https://meditations.metavert.io/p/decentralized-game-infrastructure>


# Policies

Official Beamable Network policies, disclaimers, and terms of service.

<table data-view="cards"><thead><tr><th></th><th data-hidden data-type="content-ref"></th></tr></thead><tbody><tr><td>Governance</td><td><a href="/pages/wfL1u29rWb4GYoTMq3nI">/pages/wfL1u29rWb4GYoTMq3nI</a></td></tr><tr><td>Node License Agreement</td><td><a href="/pages/ihJiB7R9M029vLIc1cVf">/pages/ihJiB7R9M029vLIc1cVf</a></td></tr><tr><td>Privacy Policy</td><td><a href="/pages/Q6D9V753x5EDjXUZ2BO3">/pages/Q6D9V753x5EDjXUZ2BO3</a></td></tr><tr><td>Disclaimer</td><td><a href="/pages/HnvAPZHdEQZ8NU4g250i">/pages/HnvAPZHdEQZ8NU4g250i</a></td></tr><tr><td>Terms of Service</td><td><a href="/pages/QPCsoB5rUhD4a3p7Yvn0">/pages/QPCsoB5rUhD4a3p7Yvn0</a></td></tr><tr><td>Coordinated Vulnerability Disclosure Policy</td><td><a href="/pages/L3EfKvtlj7WiK2hOaJRw">/pages/L3EfKvtlj7WiK2hOaJRw</a></td></tr></tbody></table>


# Governance

PREAMBLE

1\. ADOPTION APPLICABILITY AND ENFORCEMENT

1.1. ADOPTION

1.2. APPLICABILITY & JOINDER

1.3. NO INVESTMENT INTENT

1.4. ENFORCEMENT & REMEDIES

2\. INTERPRETATION

2.1. DEFINITIONS

2.2. OTHER INTERPRETATION

3\. PARTICIPATION

3.1. RISKS OF PARTICIPATION

3.2 REGULATORY UNCERTAINTY

3.3 NO INTEREST IN FOUNDATION

4\.   PROMOTION AND FACILITATION OF BEAMABLE NETWORK INITIATIVES

4.1   MINISTERIAL DUTIES

4.2. NO PERFORMANCE GUARANTEE

4.3. FOUNDATION INITIATIVE

4.4. FOUNDATION GOVERNANCE

4.5. CARRYING OUT PROPOSALS

4.6. SUSTAINABILITY ALLOCATION

4.7. GOVERNANCY DOCUMENTS

4.8. ASSIGNMENT

4.9. FOUNDATION DISCRETION

5\. PROPOSAL PROCESS

5.1. FORUM FOR PROPOSALS

5.2. ELIGIBILITY FOR PROPOSAL SUBMISSION

5.3. CONTENT OF PROPOSALS

5.4. COMMENTING PERIOD

5.5. TIME FOR VOTING ON PROPOSALS

5.6. EMERGENCY PROPOSALS

5.7. QUORUM

5.8. VOTES TO RECEIVE ASSENT

5.9. NOTICE OF ASSENT

6\. PROJECT COMMITTEES

6.1. MANDATE

6.2. GENERAL POWERS

6.3. DISCLAIMER OF LIABILITY

6.4. NUMBER; TERM OF OFFICE

6.5. NEWLY CREATED POSITIONS AND VACANCIES

6.6. RESIGNATION

6.7. APPOINTMENT & REMOVAL

6.8. FEES AND EXPENSES

6.9. REGULAR MEETINGS

7\. CONFLICT

7.1. CONFLICTS WITH ON-CHAIN

7.2. CONFLICT WITH OTHER INSTRUMENTS

8\. AMENDMENT & REPEAL

8.1. AMENDMENT & REPEAL OF GOVERNANCE PROCEDURES

8.2. REPEAL OF PREVIOUS INSTRUMENTS

9\. DISPUTE RESOLUTION

9.1. GOVERNING LAW

10\. DISCLAIMER AND NO GUARANTEES

10.1.  TECHNOLOGY & OPERATIONAL RISKS

10.2.  NO GUARANTEES

10.3.  REGULATORY UNCERTAINTY

10.4.  NO RELIANCE

10.5.  NO LIABILITY

## PREAMBLE

Please read these Governance Procedures carefully, as the terms define your rights and responsibilities for participation, interaction, governance, and use of the Beamable Network.

As a $BMB holder, you accept the terms set out herein and you agree to act in good faith, observe and be bound by these Governance Procedures, which forms an agreement between you and anyone else that participates in the Beamable Network.&#x20;

This is a legal governance document. It is not meant to be a mission statement or comprehensive description of the Beamable Network. For more information, please refer to the Beamable Network Whitepaper, which is provided for information purposes only, with these Governance Procedures prevailing in the event of any conflicts.

The Beamable Network is powered by smart contracts run on a blockchain as chosen by the Foundation from time to time. The Foundation controls and directly or indirectly owns critical smart contracts used in the Beamable Network.&#x20;

## 1. ADOPTION APPLICABILITY AND ENFORCEMENT

### 1.1 ADOPTION

The Founding Member, for good and valuable consideration, the sufficiency of which it acknowledges and certifies having spent and contributed to the founding of the Beamable Network, on this 12th day of June, 2025, hereby adopts these Governance Procedures and proclaims this agreement in force and effective and agrees to henceforth be bound by it in respect of the Founding Member’s conduct and dealings with and in relation to all present and future $BMB Holders.

### 1.2 APPLICABILITY & JOINDER

These Governance Procedures shall apply to all $BMB Holders and govern the conduct amongst all persons interacting within the Beamable Network. Any party by its possession of $BMB agrees to join as a party to these Governance Procedures, agrees to be bound by the terms herein, and acknowledges the receipt and sufficiency of consideration for so doing. For the avoidance of doubt, possession of $BMB Tokens does not create any partnership, agency, or joint venture among Token Holders, the Foundation, any affiliate or affiliated service provider including, without limitation, any contributor to the development of the Foundation.

### 1.3 NO INVESTMENT INTENT

By possessing $BMB Tokens or $BMB Yield Tokens, you acknowledge and agree that such Tokens are acquired solely for governance and utility purposes within the BMB Network. You further acknowledge that holding $BMB Tokens or $BMB Yield Tokens does not constitute an investment contract, security, or any instrument intended for speculative or profit-seeking purposes.

### 1.4 ENFORCEMENT & REMEDIES

The Foundation shall have the power to enforce these Governance Procedures, including but not limited to suspending or revoking a Token Holder’s ability to propose or vote through the Governance Dashboard and taking any other measures permitted by applicable law or these Governance Procedures. Such enforcement does not imply the Foundation is liable for or guarantees performance of any on-chain functions, which are determined by the underlying blockchain protocols. Notwithstanding anything herein, the Foundation may decline to implement or enforce any Proposal that the Foundation, in its reasonable discretion, believes (a) violates applicable law, (b) is impracticable, or (c) could subject the Foundation, its stakeholders, affiliates, affiliated service providers, and contributors, or Token Holders to undue legal or regulatory liability.

## 2. INTERPRETATION

### 2.1 DEFINITIONS

In these Governance Procedures, unless the context otherwise requires:

“$BMB”, “$BMB Token”, or “Token” means the native token of the Beamable Network, being a transferable token with the contract address to be announced by the Foundation. $BMB is used for staking and the governance of the Beamable Network to ensure decentralized, distributed decision making takes place in the best interests of the Beamable Network as a body of members and not only one participant.

“$BMB Holder” or “Token Holder” means any person owning any number of $BMB Tokens or $BMB Yield Tokens. &#x20;

“$BMB Yield Tokens”, means $veBMB tokens acquired through staking the main $BMB Token into a designated governance contract.

"appoint" includes “elect” and vice versa.

“Authorized Token Supply” means 1,000,000,000 $BMB, or as otherwise determined by Notice of Assent from time to time.

"Constitution" means the Memorandum of Association and the Articles of Association of the Foundation, as amended,&#x20;

“entity” means a corporation, a partnership, a trust, a joint venture or an unincorporated association or organization.

“Foundation” means the Beamable Foundation, an Exempted Limited Guarantee Foundation Company incorporated in the Cayman Islands with Limited Liability.

“Force Majeure Event” means any event or circumstance beyond the reasonable control of the Foundation, including acts of God, flood, fire, earthquake, pandemic, war, terrorism, civil unrest, governmental action or order, changes in applicable law, power or internet outages, or major blockchain or cryptographic breaches that materially affect the Beamable Network or the Tokens.

“Founding Member” means the Foundation.

“Governance Dashboard” means the application chosen by the Founding Member, and accessible to the Token Holders for voting on Proposals.

“Initiatives” means those set out in Section 4.3 of these Governance Procedures.

“Beamable Network” means the decentralized network developed to facilitate provisioning and scaling of containerized compute, microservices and other services needed by online game developers, but may grow to include other generalized, decentralized compute capabilities over time.

“Network Governance Documents” means the following documents created to promote the adoption and enhancement of the Beamable Network, as amended from time to time in accordance with these Governance Procedures:

1. Beamable Network Proposal Guidelines;
2. Beamable Network Community Guidelines;
3. Beamable Network Subcommittee Guidelines; and
4. Beamable Network Grant Guidelines.

“Notice of Assent” means notice of a successful Proposal duly passed under the terms of these Governance Procedures.&#x20;

“Outstanding Token Supply” means all those $BMB which are in circulation at any given time, adjusted for burned or otherwise destroyed Tokens.&#x20;

“person” means any individual or entity.

“Proposal” means a proposal put forward in accordance with these Governance Procedures.&#x20;

“Whitepaper” means the Beamable Network Whitepaper published at docs.beamable.network, as may be updated from time to time.

### 2.2 OTHER INTERPRETATION

For the purposes of these Governance Procedures, (a) the words “include”, “includes” and “including” shall be deemed to be followed by the words “without limitation”; (b) the word “or” is not exclusive; (c) the words “herein”, “hereof”, “hereby”, “hereto” and “hereunder” refer to these Governance Procedures as a whole; (d) whenever the singular is used herein, the same shall include the plural, and whenever the plural is used herein, the same shall include the singular, where appropriate; and I whenever the masculine is used herein, the same shall include the feminine, and whenever the feminine is used herein, the same shall include the masculine, where appropriate. Unless the context otherwise requires, references herein: (x) to Sections mean the Sections of these Governance Procedures; (y) to an agreement, instrument or other document means such agreement, instrument or other document as amended, supplemented and modified from time to time to the extent permitted by the provisions thereof; and (z) to a statute or laws, means such statute or laws as amended from time to time and includes any successor legislation thereto and any regulations promulgated thereunder.

## 3. PARTICIPATION

### 3.1 RISKS OF PARTICIPATION

Each Token Holder understands and acknowledges, and, as applicable, represents, warrants, and covenants:

**a.** The Foundation is governed by the Constitution;

**b.** There is no applicable law preventing Token Holder from being legally bound by these Governance Procedures;

**c.** At all times during participation on or interaction with the Beamable Network Token Holder will comply with applicable laws, including but not limited to anti-corruption laws;

**d.** Token Holder shall be solely responsible to comply with all applicable tax laws, including making all applicable payments and remittances thereunder;

**e.** Blockchain technology, smart contracts and distributed-ledger technology in general is untested and outside anyone’s exclusive control, and adverse changes in market forces or the technology, broadly construed, may materially adversely affect the performance of the Beamable Network and the value of the Tokens;

**f.** The risks associated with the use of blockchain, the Tokens, and the Beamable Network, may include but are not limited to risks associated with:

&#x20;   **i)** Layer 1 blockchain functionality;

&#x20;  **ii)** Unfavorable regulatory action in one or more jurisdictions against the Foundation, any entity affiliated with the Foundation, or Token Holders;

&#x20;  **iii)** Theft and hacking of digital assets;

&#x20;  **iv)** Security weakness and bugs that may present in the Beamable Network components;

&#x20;  **v)** Weaknesses or exploitable breakthroughs in the field of cryptography;

&#x20; **vi)** Uncertainty in the tax treatment of digital assets such as the $BMB Tokens;

&#x20;**vii)** Risk of permanent and irrecoverable loss of digital assets, private keys, and credentials;

**viii)** Insufficient participation in the Beamable Network; and

&#x20; **ix)** Unanticipated risks including a Force Majeure Event.

### 3.2 REGULATORY UNCERTAINTY

Legal and regulatory developments could materially impact the Beamable Network or the Tokens, including the possibility of restrictions on the use, transfer, or exchange of digital assets.

### 3.3 NO INTEREST IN FOUNDATION

Token Holders are not beneficiaries of the Foundation, have no interest or membership in the Foundation nor any other legal entity associated with the Beamable Network. For the avoidance of doubt, the Foundation does not owe any fiduciary duties (whether as a trustee, agent, or otherwise) to Token Holders, and Token Holders shall have no right to claim such duties.

## 4.   PROMOTION AND FACILITATION OF BEAMABLE NETWORK INITIATIVES&#x20;

### 4.1 MINISTERIAL DUTIES&#x20;

The Foundation shall be responsible for promoting and facilitating the Initiatives (as defined in Section 4.3) by taking or approving the following actions on behalf of the Beamable Network:

&#x20;  **a)** Maintaining and publishing governance records related to the Beamable Network;

&#x20;**b)** Overseeing issuances and distribution of the $BMB Tokens in accordance with the terms herein and the Whitepaper, which supply is not to exceed the Authorized Token Supply;

&#x20;  **c)** Facilitating implementation of successful Proposals;

&#x20;**d)** Maintaining any licenses, registrations, and service agreements deemed necessary to operate the Beamable Network;

&#x20;  **e)** Entering, maintaining, or terminating agreements to support the Initiatives, provided new agreements in excess of USD 1,000,000 in any year, shall be authorized by Proposal; &#x20;

&#x20;**f)** Engaging or compensating third-party service providers as necessary for the operation, maintenance, or development of the Beamable Network.

&#x20;  **g)** Authorizing the performance of ongoing maintenance or improvement of the Beamable Network;&#x20;

&#x20;  **h)** Supporting committees, sub-committees, and other groups established by the Token Holders for the benefit of the Beamable Network

&#x20;**i)** Any such other duties as directed by Proposal or authorized by the Constitution; and ol999

&#x20;  **j)** Any other acts or things the Foundation, acting reasonably and in good faith in accordance with the Constitution, deems prudent and in the interests of the Beamable Network.&#x20;

### 4.2 NO PERFORMANCE GUARANTEE

The Foundation undertakes the above ministerial duties on a best-efforts basis and does not guarantee the success, performance, or continued operation of the Beamable Network, nor any ongoing maintenance or improvement beyond what is reasonably practicable.

### 4.3 FOUNDATION INITIATIVES

The purpose of the Foundation is to promote the widespread adoption of Web3 technologies in connection with the Beamable Network. As such, the Foundation should promote the following Initiatives:

&#x20; **a)** The use of features and smart contracts permitting utility, governance, and voting on the Beamable Network;&#x20;

&#x20;  **b)** The use of standards for decentralized transactions among a broad, unaffiliated, dispersed community of rights holders on the Beamable Network;

&#x20; **c)** The use of open-source developer tools that enable integrations among third parties on the Beamable Network; and

&#x20;  **d)** The use of transparent standards for the Beamable Network.

### 4.4 FOUNDATION GOVERNANCE

The Foundation is a Foundation Company Limited by Guarantee, incorporated in the Cayman Islands. Foundation companies are nonprofits. The Beamable Foundation has no shareholders and cannot pay out dividends to its directors or members.

### 4.5 CARRYING OUT PROPOSALS

Subject to applicable law and feasibility, the Foundation shall do all things necessary to carry out and implement Proposals passed hereunder. However, the Foundation shall not be deemed a mandatory agent of Token Holders and retains discretion to decline or delay implementation of any Proposal if it is unlawful or commercially unworkable.

### 4.6 SUSTAINABILITY ALLOCATION

The Foundation will initially retain ownership of an allocation, as described in the $BMB White Paper, of $BMB Tokens to promote the Initiatives. This allocation of $BMB Tokens will be allocated over time at the sole discretion of the Foundation. For more information regarding token allocations, please review the Whitepaper.

### 4.7 GOVERNANCE DOCUMENTS

&#x20;  **a)** The Foundation may from time to time publish, adopt, amend, or revoke one or more Network Governance Documents, including but not limited to:

&#x20;     **i)** Proposal Guidelines;

&#x20;    **ii)** Community Guidelines;

&#x20;   **iii)** Subcommittee Guidelines; and

&#x20;   **iv)** Grant Guidelines.

&#x20;  **b)** These Network Governance Documents are created to promote the adoption, maintenance, and enhancement of the Beamable Network, and may be amended or repealed in one of two ways:

&#x20;  **c)** Foundation Action: The Foundation, acting in good faith under these Governance Procedures, may unilaterally amend, supplement, or repeal any Network Governance Document it initially published, if such changes do not conflict with these Governance Procedures or the Constitution; or

&#x20; **d)** Community Proposal: Any Token Holder may submit a Proposal (in accordance with Section 5 of these Governance Procedures) to amend, revoke, or replace any Network Governance Document in whole or in part. If such Proposal receives the requisite votes and assent, the Foundation shall implement the approved changes as soon as reasonably practicable.

&#x20;  **e)** In the event of any conflict between a Network Governance Document and these Governance Procedures (or the Constitution, where applicable), the Governance Procedures (or the Constitution) shall prevail. All Network Governance Documents are subordinate to these Governance Procedures.

### 4.8 ASSIGNMENT

The Foundation may, in its discretion, assign its rights and obligations under these Governance Procedures, in whole or in part, to another person as long as such person is capable of discharging the duties required by the Foundation under these Governance Procedures. Any such assignment shall not relieve the Foundation of liability for any obligations or liabilities accrued before the effective date of assignment, unless otherwise agreed by a Proposal or required by law.

### 4.9 FOUNDATION DISCRETION

The foundation may override or refuse to implement any network decision that endangers regulatory compliance, the Foundation’s legal status and certifications, the Foundation’s objects, or imposes unreasonable risk.

## 5. PROPOSAL PROCESS

#### Council Oversight

Initially, a council (the “Council”) shall be established and granted exclusive authority to review, block, or override any Proposal submitted through the Governance Dashboard. No Proposal shall advance to a vote unless the Council first approves such Proposal.&#x20;

#### Eligibility for Proposal Submission

Only holders of $BMB Yield Tokens, acquired through staking the main $BMB Token into a designated staking contract, shall be eligible to vote on any Proposal approved by the Council. Holding the $BMB Token alone does not confer voting rights. Eligibility to propose Proposals may remain broader, as determined by the Council

#### Carrying Out Proposals

The Foundation shall be responsible for interpreting, implementing, and executing all Proposals that have received Council approval and have been voted on and passed by eligible $BMB Yield Token Holders. The Foundation shall retain discretion not to implement any Proposal where such implementation is unlawful, impracticable, or would subject the Foundation or its contributors to undue legal or regulatory risk.&#x20;

#### Council Composition and Evolution

The Council shall be composed of members of the core development team of the Beamable Network. The Governance Procedures shall be subject to future amendment, through Proposal and adoption by the community, to provide for a phased transition of governance powers from the Council to the community of $BMB Yield Token Holders. The intent is that over time, the Council's powers will diminish, and full governance control will ultimately rest with the token holder community, in pursuit of a fully decentralized governance model. The soft target date for the end of the initial Council’s term shall be December 31, 2027.&#x20;

#### Council Deadlock Resolution

The Council shall endeavor in good faith to reach consensus on all matters within its authority under these Governance Procedures, including approvals, vetoes, and quorum determinations. However, in the event that consensus cannot be reached after reasonable efforts, any Council member may call for a formal Council vote to resolve the matter.

In such event, the voting power of each Council member shall be determined by the total number of $BMB Tokens held by that member, including both locked and unlocked tokens, regardless of whether such tokens are staked. This Council-specific vote shall not require adherence to the Proposal voting mechanics set forth for $BMB Yield Token Holders and shall be binding on the Council solely for purposes of resolving the deadlock in question.

This mechanism is intended to facilitate timely governance decisions while preserving the Council’s leadership role during the network’s early phases and shall be subject to review and amendment as part of the transition to a fully decentralized governance model.

### 5.1 FORUM FOR PROPOSALS

Proposals shall be put forward on the Governance Dashboard. The Governance Dashboard is provided on an “as is” basis, and the Foundation makes no warranties as to its uptime, reliability, or security. Token Holders agree that the Foundation shall not be liable for any interruptions or unavailability of infrastructure provided by the Foundation or any other third party that may affect Proposal creation or voting.

### 5.2 ELIGIBILITY FOR PROPOSAL SUBMISSION

The Foundation shall do everything necessary to ensure that anyone holding at least 1,000,000 $BMB Yield Tokens can put forward a Proposal, subject to adjustment by the Council from time to time. The Council shall have the authority, in its sole discretion, to increase or decrease this minimum threshold as it deems necessary to ensure the proper functionality, accessibility, and integrity of the Proposal process.

### 5.3 CONTENT OF PROPOSALS

The Foundation shall have discretion to remove any proposals which violate or are otherwise inconsistent with the following:

&#x20;  **a)** Not contain Proposal must not contain directly, by direct link, or indirectly any Non-Consensual Imagery (NCI), Child Abuse Imagery (CAI), threats of violence and incitement, hate speech, bullying and harassment, sexual or human exploitation, illegal or certain regulated activities or matters, malware, spyware, or material that is owned via copyright, trademark or otherwise by someone other than one of the proposal authors (unless use of said material is permitted by the copyright owner or the Beamable Network is otherwise protected under other legal standards);

&#x20;  **b)** Be submitted in the English language and include:

&#x20;     **i)** The name(s) and/or username(s) and wallet address of the author(s) of the proposal. The author(s) should be the primary point of contact for any questions or comments regarding the proposal;

&#x20;   **ii)** An accurate summary of the proposal in 280 characters or less;

&#x20;  **iii)** A rationale section detailing the author’s reason(s) for creating the Proposal;

&#x20;  **iv)** An accurate, long-form description of what the proposal will do if enacted, including the collective benefit in relation to the Beamable Network;

&#x20;     **v)** The limitations of any benefits mentioned above or otherwise unaddressed areas of the problem space or possibility space; and

&#x20;  **vi)** A section acknowledging, by title and author(s), any similar or related prior work known to the proposal author(s).

### 5.4 COMMENTING PERIOD

Once the proposal has been created, it is moved to a comment section provided by the Founding Member. The comment period’s length shall be at the discretion of the Founding Member.&#x20;

### 5.5 TIME FOR VOTING ON PROPOSALS

Proposals shall remain active for voting for at least 15 days.

### 5.6 EMERGENCY PROPOSALS

Notwithstanding anything to the contrary, in exceptional circumstances the Foundation in its sole discretion may deem a Proposal to be an “Emergency Proposal” in which case the Foundation may forego the commenting period but shall make a good faith reasonable effort to notify all $BMB Holders through community channels of the Proposal and set a voting deadline for the Emergency Proposal at its discretion but not less than 24 hours from the time the notification to $BMB Holders was sent. By participating in or voting on an Emergency Proposal, Token Holders acknowledge and accept the shortened commenting period and waive any claim arising from their inability to respond or vote within the reduced timeframe.

During the initial governance phase, the Council shall retain temporary authority to (i) establish the quorum requirements applicable to any Emergency Proposal, and (ii) exercise a veto power over any Emergency Proposal that it deems, in its reasonable discretion, to be inconsistent with the goals, functionality, or legal integrity of the Beamable Network. This temporary oversight mechanism is intended to ensure stability and continuity in the early stages of the governance process, and is subject to future amendment through the Proposal process, with the intent that such powers will eventually transition fully to the $BMB Yield Token Holder community as part of the network’s decentralization roadmap.

### 5.7 QUORUM

Proposals shall, in order to pass, require a minimum quorum, to be determined by the Council for each Proposal, of the Outstanding Token Supply.

### 5.8 VOTES TO RECEIVE ASSENT

Proposals shall succeed and receive assent to the Foundation if they receive greater than 60% of the votes cast by Token Holders who voted on the proposal. Proposals shall become effective at such time as specified in the Proposal. Notwithstanding the above, any passed Proposal remains subject to the Foundation’s reserved rights as set out herein to refuse or modify implementation if it would violate law or impose undue liabilities.

### 5.9 NOTICE OF ASSENT

The Foundation shall be notified of successful Proposals by a Notice of Assent which shall be delivered to the Supervisor, or such other person as specified by the Foundation from time to time, which shall contain sufficient instructions and be accompanied by the voting results in relation to such Proposal. In the absence of evidence to the contrary, the Foundation may rely on the Notice of Assent as a true and complete instrument in conformity with these Governance Procedures without the need for further investigation.

## 6.0 PROJECT COMMITTEES

### 6.1 MANDATE

Committees may be designated by the Foundation or elected from time to time by Proposal for the purpose of carrying out projects under the scope set out in the relevant Proposal. Each Committee acts independently within the scope delegated by the Foundation.

### 6.2 GENERAL POWERS

Powers of any committee shall not exceed those expressly delegated by the Foundation or as set out in any applicable Proposal. The Foundation shall have authority to interpret and supplement such powers as necessary for the proper functioning of the committee.

### 6.3 DISCLAIMER OF LIABILITY

Neither the Foundation nor any committee is liable for the outcome of any decisions made in good faith within the scope of their delegated powers. Committee members are not personal guarantors of any funding, outcome, or results of their decisions unless expressly provided by a separate written agreement.

### 6.4 NUMBER; TERM OF OFFICE

Each committee member shall hold office until a successor is duly appointed by the Foundation or elected by Proposal or until the member’s earlier death, resignation, disqualification or removal by proposal or by the Foundation.

### 6.5 NEWLY CREATED POSITIONS AND VACANCIES

Any newly created position resulting from any vacancies occurring in a committee, shall be filled solely by the affirmative votes of a majority of the remaining members of the committee, or by a sole remaining member. A member so elected shall be elected to hold office until the earlier of the expiration of the term of office of the member whom they have replaced, the date a successor is duly elected and qualified or the earlier of such member’s earlier death, resignation, disqualification or removal.

### 6.6 RESIGNATION

Any committee member may resign at any time by notice given in writing to the other members. Such resignation shall take effect at the date of receipt of such notice or at such later time as is therein specified.

### 6.7 APPOINTMENT & REMOVAL

The Token Holders may by Proposal add or remove any committee member from office at any time, with or without cause.

### 6.8 FEES AND EXPENSES

Committee members shall receive such fees and expense reimbursement as the Foundation shall from time to time determine in order to incentivize, recruit and retain participation in the Beamable Network.

### 6.9 REGULAR MEETINGS

Regular meetings (conducted by phone, video, or other electronic means) of any committee may be held at such times and at such places as may be determined from time to time by that committee. Reasonable notice shall be provided to committee members, and not less than 24 hours notice, of such meetings. Meeting summaries shall be published on a medium accessible to all $BMB Holders.

## 7.0 CONFLICT

### 7.1 CONFLICTS WITH ON-CHAIN

An on-chain smart contract is code designed to perform specific, predefined tasks. The technical aspects of the Beamable Network are built in such a way that it will only perform tasks under specific conditions. Should a conflict arise between these Governance Procedures and any smart contract or on-chain voting mechanism, these Governance Procedures shall govern. Notwithstanding the foregoing, to the extent that an on-chain process is technically immutable or irreversible, the Foundation shall bear no liability for any outcome that conflicts with these Governance Procedures if the underlying blockchain protocol prevents rectification.

### 7.2 CONFLICT WITH OTHER INSTRUMENTS

Whenever these Governance Procedures may conflict with any other document or instrument governing the Beamable Network, including but not limited to the Whitepaper (which is maintained by the Foundation solely for information purposes) any iteration of the Network Governance Documents, but excluding the Constitution, such conflict shall be resolved in favor of these Governance Procedures. For the avoidance of doubt, to the extent these Governance Procedures conflict with the Constitution, such conflict shall be resolved in favor of the Constitution.

## 8.0 AMENDMENT & REPEAL

### 8.1 AMENDMENT & REPEAL OF GOVERNANCE PROCEDURES

$BMB Holders by Proposal may make, amend or repeal any provisions of these Governance Procedures. Subject to applicable law, the Foundation shall do all things necessary to promptly implement any such amendment or repeal. Any such amendment or repeal shall have prospective effect only and shall not apply to or affect any right, obligation, or liability that has arisen or been incurred prior to the effective date of such amendment or repeal, unless otherwise expressly stated in the Proposal effecting the amendment or repeal.

### 8.2 REPEAL OF PREVIOUS INSTRUMENTS

All, if any, previous conflicting governing documents or instruments are repealed as of the coming into force of these Governance Procedures. The repeal shall not affect the previous operation of any governing documents so repealed or affect the validity of any act done or right, privilege, obligation or liability acquired or incurred under, or the validity of any contract or agreement made under, or the validity of any predecessor governing documents of the Beamable Network obtained under, any such governing document before its repeal. All persons acting under the provisions of these Governance Procedures, and all resolutions or acts done by the Founding Member or the Foundation with continuing effect passed under any repealed governing document shall continue to be good and valid except to the extent inconsistent with this Governance Procedures and until amended or repealed.

## 9.0 DISPUTE RESOLUTION

### 9.1 GOVERNING LAW

This Agreement shall be governed by and construed in accordance with the laws of the Cayman Islands, without regard to any conflict of law principles that would result in the application of the laws of another jurisdiction. Any dispute, controversy, or claim arising out of or in connection with this Agreement, including any question regarding its existence, validity, or termination, shall be referred to and finally resolved by arbitration administered by the American Arbitration Association (AAA) in accordance with its Commercial Arbitration Rules. The arbitration shall be conducted in the English language. The seat of arbitration shall be deemed to be the Cayman Islands, but the arbitration proceedings may be conducted remotely, including via video or teleconference, if agreed by the parties or determined by the arbitrator(s) to be appropriate. The arbitral tribunal shall consist of a single arbitrator. The parties agree that the arbitral award shall be final and binding on the parties, and judgment upon the award may be entered in any court having jurisdiction thereof. Each party agrees that any dispute resolution proceedings, whether in arbitration or otherwise, shall be conducted only on an individual basis and not in a class, consolidated, or representative action. The parties expressly waive any right to bring or participate in a class action or to consolidate arbitration proceedings.

## 10. DISCLAIMER AND NO GUARANTEES

### 10.1 TECHNOLOGY & OPERATIONAL RISKS

The Beamable Network and the $BMB Token rely on complex, cutting-edge technology that may fail or underperform. Users agree and acknowledge the Foundation makes no assurances regarding security, continued functionality, or error-free operation of any related smart contracts.

### 10.2 NO GUARANTEES

Neither the Foundation nor any affiliated party guarantees the price, liquidity, or continued utility of the $BMB Token. There is no promise of any appreciation or future value.

### 10.3 REGULATORY UNCERTAINTY

The regulatory status of digital assets remains in flux. The Foundation disclaims any responsibility for legal or regulatory impediments that may arise, including sudden changes in law that might restrict or prohibit activities described herein.

### 10.4 NO RELIANCE

Users should not rely on any statements outside these Governance Procedures or the Foundation’s Constitution to form a basis of expectation regarding the $BMB Token or the Beamable Network.

### 10.5 NO LIABILITY

To the fullest extent permitted by law, liability is disclaimed by the Foundation, any affiliate or affiliated service provider including, without limitation, any contributor to the development of the Foundation, and their respective directors, officers, employees, and affiliates for any indirect, incidental, or consequential damages arising from the use or inability to use the $BMB Token or the Beamable Network.

\ <br>


# Node License Agreement Reference

Official node license agreement, agreed to by all node license purchasers for the owning and operating of nodes within the Beamable Network Protocol.

This Node License Agreement (this “Agreement”), effective as of the date of node license purchase (the “Effective Date”), is by and between Beamable (BVI) Ltd., a British Virgin Islands company (“Licensor”), and the buyer of the node license (“Licensee”). Licensor and Licensee may be referred to herein collectively as the “Parties” or individually as a “Party.”&#x20;

WHEREAS, Licensor desires to license the Node described in Exhibit A attached hereto to Licensee; and

WHEREAS, Licensee desires to obtain a license to use the Node for its internal business purposes, subject to the terms and conditions of this Agreement.

NOW, THEREFORE, in consideration of the mutual covenants, terms, and conditions set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the Parties agree as follows:  &#x20;

1. Definitions.
   1. **“Authorized User”** means the Licensee or an employee or contractor of Licensee who Licensee permits to access and use the Node License and/or Documentation pursuant to Licensee’s license hereunder.
   2. **“Documentation”** means Licensor’s user manuals, handbooks, and installation guides relating to the Node License provided by Licensor to Licensee, either electronically or in hard copy form/end user documentation relating to the Node License.
   3. **“KYC Requirements”** means the identity verification procedures required by Licensor or its service providers, including submission of government-issued identification, proof of address, or any other documentation required to comply with applicable laws or regulations.
   4. **“Foundation”** means Beamable Foundation, a Cayman Islands foundation company, which is responsible for setting, maintaining, and updating the technical, operational, and governance standards applicable to the Beamable Protocol, including those related to node performance, staking requirements, token rewards eligibility, slashing conditions, and transfer policies. The Foundation may publish guidance, documentation, and updates to such standards through governance processes or protocol-wide proposals, and its determinations shall be binding for all purposes under this Agreement unless otherwise expressly stated.
   5. **“Node”** means a designated instance of distributed network software licensed by Licensor to Licensee, which, when properly installed and operated by Licensee, performs designated network functions (such as validation, data relay, or computation) within a decentralized protocol ecosystem. The Node may be eligible to generate cryptographic token rewards based on network participation, provided Licensee meets the operational, compliance, and identity verification requirements set forth in this Agreement and applicable documentation. The Node is licensed software and does not represent any equity interest, investment contract, or right to share in profits of Licensor or any affiliated entity.
   6. **“Node License”** means the product described in Exhibit A, including any Updates provided to Licensee pursuant to this Agreement.
   7. **“Token Rewards”** means any cryptographic tokens generated by operation of the Node License that may be credited to the Licensee, subject to compliance with this Agreement.
   8. **“Updates”** means any updates, bug fixes, patches, or other error corrections to the Node software that Licensor generally makes available free of charge to all licensees.
2. License.&#x20;
   1. License Grant. Subject to terms and conditions of this Agreement, Licensor hereby grants Licensee a non-exclusive, non-sublicensable, and non-transferable (except in compliance with Section 13(g)) license during the Term to: (i) operate the Node solely for Licensee’s internal business purposes; (ii) use and make a reasonable number of copies of the Documentation solely for Licensee’s internal business purposes in connection with Licensee’s use of the Node License; and (iii) subject to Licensee satisfying KYC Requirements, receive Token Rewards associated with operation of the Node License, as further described in Exhibit A. Failure to satisfy KYC Requirements shall suspend the right to access or withdraw any such Token Rewards.
   2. Use Restrictions. Licensee shall not use the Node License or Documentation for any purposes beyond the scope of the license granted in this Agreement. Without limiting the foregoing and except as otherwise expressly set forth in this Agreement, Licensee shall not at any time, directly or indirectly: (i) copy, modify, or create derivative works of the Node License or the Documentation, in whole or in part; (ii) rent, lease, lend, sell, sublicense, assign, distribute, publish, transfer, or otherwise make available the Node License or the Documentation; (iii) reverse engineer, disassemble, decompile, decode, adapt, or otherwise attempt to derive or gain access to the source code of the Node License, in whole or in part; (iv) remove any proprietary notices from the Node License or the Documentation; (v) use the Node License in any manner or for any purpose that infringes, misappropriates, or otherwise violates any intellectual property right or other right of any person, or that violates any applicable law; (vi) engage in any collusion, coordination, or manipulation with other node operators or third parties for the purpose of generating unearned, distorted, or otherwise inappropriate Token Rewards, rewards, or consensus outcomes; or (vii) use the Node License in any manner that is intended to or does disrupt, degrade, or otherwise negatively impact the operation, performance, or availability of the network, or the participation of other legitimate users or node operators, including but not limited to malicious activity, denial of service, or interference with protocol functionality.
   3. Reservation of Rights. Licensor reserves all rights not expressly granted to Licensee in this Agreement. Except for the limited rights and licenses expressly granted under this Agreement, nothing in this Agreement grants, by implication, waiver, estoppel, or otherwise, to Licensee or any third party any intellectual property rights or other right, title, or interest in or to the Node License.
   4. Delivery. Licensor shall deliver the Node License electronically, on tangible media, or by other means, in Licensor’s sole discretion, to Licensee prior to the Node Operations Go-Live Date (as defined below) as long as Licensor has successfully completed the required KYC.&#x20;
   5. Transfer Restrictions. If the Node License is represented as a non-fungible token (NFT), Licensee shall not transfer such token to any third party unless the transferee agrees to be bound by the terms of this Agreement and completes any required KYC or compliance procedures. Licensor reserves the right to restrict or block transfers where required by law or network governance.
3. Licensee Responsibilities.
   1. General. Licensee is responsible and liable for all uses of the Node License and Documentation resulting from access provided by Licensee, directly or indirectly, whether such access or use is permitted by or in violation of this Agreement. Without limiting the generality of the foregoing, Licensee is responsible for all acts and omissions of Authorized Users, and any act or omission by an Authorized User that would constitute a breach of this Agreement if taken by Licensee will be deemed a breach of this Agreement by Licensee. Licensee shall make reasonable efforts to make all Authorized Users aware of this Agreement’s provisions as applicable to such Authorized User’s use of the Node License, and shall cause Authorized Users to comply with such provisions.&#x20;
   2. Licensee acknowledges and agrees that, in order to remain eligible to receive full Token Rewards, the Node must be operated in accordance with the technical and operational standards set by the Foundation, including, but not limited to, maintaining continuous (24 hours per day, 7 days per week) availability and uptime. These standards may include specifications regarding bandwidth, latency, computational throughput, geographic distribution, and other performance metrics, and may be amended from time to time through the Foundation’s governance procedures and publicly posted guidance. Failure to meet such operational standards may result in a reduction, delay, or forfeiture of Token Rewards associated with the Node for the applicable time period, in whole or in part. In cases of material or sustained non-compliance, Licensee may become ineligible for rewards until corrective action is taken. Licensor shall have no obligation to disburse Token Rewards for any period in which the Node fails to meet applicable uptime or performance requirements, as determined by the protocol or the Foundation’s governance body authorized to make such determinations.
4. Support. This Agreement does not entitle Licensee to any support for the Node License.&#x20;
5. Fees and Payment.&#x20;
   1. Fees. Licensee shall pay Licensor a one-time, non-refundable license fee (the “Fee”) in the amount set forth in Exhibit A in consideration for the license rights granted under this Agreement. The Fee shall be payable in full prior to delivery of the Node License. No recurring fees, renewal charges, or additional license payments shall be owed by Licensee under this Agreement, unless otherwise separately agreed to in writing by the Parties.
   2. Taxes. All Fees and other amounts payable by Licensee under this Agreement are exclusive of taxes and similar assessments. Licensee is responsible for all sales, use, and excise taxes, and any other similar taxes, duties, and charges of any kind imposed by any federal, state, or local governmental or regulatory authority on any amounts payable by Licensee hereunder, other than any taxes imposed on Licensor’s income.&#x20;
6. Confidential Information. From time to time during the Term, either Party may disclose or make available to the other Party information about its business affairs, products, confidential intellectual property, trade secrets, third-party confidential information, and other sensitive or proprietary information, whether orally or in written, electronic, or other form or media/in written or electronic form or media, that is whether or not marked, designated or otherwise identified as “confidential” (collectively, “Confidential Information”). Confidential Information does not include information that, at the time of disclosure, is: (a) in the public domain; (b) known to the receiving Party at the time of disclosure; (c) rightfully obtained by the receiving Party on a non-confidential basis from a third party; or (d) independently developed by the receiving Party. The receiving Party shall not disclose the disclosing Party’s Confidential Information to any person or entity, except to the receiving Party’s employees who have a need to know the Confidential Information for the receiving Party to exercise its rights or perform its obligations hereunder. Notwithstanding the foregoing, each Party may disclose Confidential Information to the limited extent required (i) in order to comply with the order of a court or other governmental body, or as otherwise necessary to comply with applicable law, provided that the Party making the disclosure pursuant to the order shall first have given written notice to the other Party and made a reasonable effort to obtain a protective order; or (ii) to establish a Party’s rights under this Agreement, including to make required court filings. On the expiration or termination of the Agreement, the receiving Party shall promptly return to the disclosing Party all copies, whether in written, electronic, or other form or media, of the disclosing Party’s Confidential Information, or destroy all such copies and certify in writing to the disclosing Party that such Confidential Information has been destroyed. Each Party’s obligations of non-disclosure with regard to Confidential Information are effective as of the Effective Date and will expire five years from the date first disclosed to the receiving Party; provided, however, with respect to any Confidential Information that constitutes a trade secret (as determined under applicable law), such obligations of non-disclosure will survive the termination or expiration of this Agreement for as long as such Confidential Information remains subject to trade secret protection under applicable law. <br>
7. Intellectual Property Ownership. Licensee acknowledges that, as between Licensee and Licensor, Licensor owns all right, title, and interest, including all intellectual property rights, in and to the Node License and Documentation.
8. Token Rewards and Compliance.
   1. Token Rewards. Operation of the Node License may result in the generation of Token Rewards as described in Exhibit A. Licensee acknowledges and agrees that the availability of such Token Rewards is subject to compliance with applicable laws and satisfaction of all KYC Requirements.
   2. KYC Requirement. Prior to any withdrawal, transfer, or access to Token Rewards, Licensee must complete and pass KYC verification as reasonably required by Licensor or its designated service providers. Licensor shall not distribute the Node License to the Licensee until such verification is successfully completed. Licensor shall not be obligated to disburse or unlock any Token Rewards until such verification is successfully completed.&#x20;
   3. Staking Requirement. As a condition to the continued validity of the license granted herein and participation in the operation of the Node, Licensee acknowledges and agrees that it may be required to lock or “stake” a specified quantity of cryptographic tokens native to the network (“Staked Tokens”). The amount, duration, and form of Staked Tokens required shall be determined from time to time in accordance with the governance procedures adopted by the Foundation and communicated to Licensee via the Foundation’s governance portal. By signing this agreement, you agree to be bound by the Governance Procedures of the Foundation found here. \
      \
      Licensee further acknowledges and agrees that:

      1. failure to meet or maintain the applicable staking requirement may result in suspension or ineligibility to operate the Node and/or receive Token Reward distribution;
      2. all Staked Tokens, as well as any Token Rewards earned by Licensee through operation of the Node, are subject to network-enforced rules and protocol-level security mechanisms, including potential “slashing” (partial or total forfeiture). Slashing may occur in the event of malicious or unauthorized behavior by Licensee, including but not limited to fraudulent activity, double-signing, collusion with other nodes, downtime, or any other violation of the network’s consensus rules, participation requirements, or integrity safeguards, as determined by the governance process or technical enforcement mechanisms of the protocol; and
      3. Licensor shall have no liability for any loss, forfeiture, or slashing of Staked Tokens resulting from actions taken by Licensee or by the protocol itself.<br>

      Nothing in this Agreement shall be construed to guarantee any return or protection of Staked Tokens, or to impose any fiduciary or custodial responsibility on Licensor with respect thereto.
   4. Regulatory Suspension. In the event of regulatory changes, Licensor reserves the right to suspend or modify Token Rewards or access thereto without liability, including withholding of any such rewards until such time as compliance can be assured.
9. Warranty Disclaimer.&#x20;
   1. THE SOFTWARE AND DOCUMENTATION ARE PROVIDED “AS IS” AND LICENSOR HEREBY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. LICENSOR SPECIFICALLY DISCLAIMS ALL IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT, AND ALL WARRANTIES ARISING FROM COURSE OF DEALING, USAGE, OR TRADE PRACTICE. LICENSOR MAKES NO WARRANTY OF ANY KIND THAT THE SOFTWARE AND DOCUMENTATION, OR ANY PRODUCTS OR RESULTS OF THE USE THEREOF, WILL MEET LICENSEE’S OR ANY OTHER PERSON’S REQUIREMENTS, OPERATE WITHOUT INTERRUPTION, ACHIEVE ANY INTENDED RESULT, BE COMPATIBLE OR WORK WITH ANY SOFTWARE, SYSTEM OR OTHER SERVICES, OR BE SECURE, ACCURATE, COMPLETE, FREE OF HARMFUL CODE, OR ERROR FREE.&#x20;
   2. No Investment Intent. The Parties acknowledge and agree that the Node License is provided as a limited software license only and is not intended, nor should it be construed, as a financial product, investment contract, or security. Licensee agrees that any Token Rewards are provided as utility-based outputs of network participation and not as an expectation of profit based on the efforts of others.
10. Indemnification.&#x20;
    1. Licensee Indemnification. Licensee shall indemnify, hold harmless, and, at Licensor’s option, defend Licensor from and against any Losses resulting from any Third-Party Claim based on Licensee’s, or any Authorized User’s: (i) negligence or willful misconduct; or (ii) use of the Node License or Documentation in a manner not authorized or contemplated by this Agreement; (iii) use of the Node License in combination with data, software, hardware, equipment, or technology not provided by Licensor or authorized by Licensor in writing; (iv) modifications to the Node License not made by Licensor, provided that Licensee may not settle any Third-Party Claim against Licensor unless such settlement completely and forever releases Licensor from all liability with respect to such Third-Party Claim or unless Licensor consents to such settlement, and further provided that Licensor will have the right, at its option, to defend itself against any such Third-Party Claim or to participate in the defense thereof by counsel of its own choice. &#x20;
11. Limitations of Liability. IN NO EVENT WILL LICENSOR BE LIABLE UNDER OR IN CONNECTION WITH THIS AGREEMENT UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, AND OTHERWISE, FOR ANY: (a) CONSEQUENTIAL, INCIDENTAL, INDIRECT, EXEMPLARY, SPECIAL, ENHANCED, OR PUNITIVE DAMAGES; (b) INCREASED COSTS, DIMINUTION IN VALUE OR LOST BUSINESS, PRODUCTION, REVENUES, OR PROFITS; (c) LOSS OF GOODWILL OR REPUTATION; (d) USE, INABILITY TO USE, LOSS, INTERRUPTION, DELAY OR RECOVERY OF ANY DATA, OR BREACH OF DATA OR SYSTEM SECURITY; OR (e) COST OF REPLACEMENT GOODS OR SERVICES, IN EACH CASE REGARDLESS OF WHETHER LICENSOR WAS ADVISED OF THE POSSIBILITY OF SUCH LOSSES OR DAMAGES OR SUCH LOSSES OR DAMAGES WERE OTHERWISE FORESEEABLE. IN NO EVENT WILL LICENSOR’S AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT UNDER ANY LEGAL OR EQUITABLE THEORY, INCLUDING BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, AND OTHERWISE EXCEED TWO TIMES THE TOTAL AMOUNTS PAID AND AMOUNTS ACCRUED BUT NOT YET PAID TO LICENSOR UNDER THIS AGREEMENT IN THE ONE YEAR PERIOD PRECEDING THE EVENT GIVING RISE TO THE CLAIM OR $1000.00, WHICHEVER IS LESS.&#x20;
12. Termination.&#x20;
    1. Termination. In addition to any other express termination right set forth in this Agreement:
       1. Licensor may terminate this Agreement, effective on written notice to Licensee, if Licensee: (A) fails to pay any amount when due hereunder, and such failure continues more than seven (7) days after Licensor’s delivery of written notice thereof; (B) breaches any of its obligations under [Section 2(b)](https://docs.google.com/document/d/1dOKEl6Jc-m_73awMXN_emYcapauGhYOqHy3_W7h_6M8/edit#bookmark=id.r3nb0y5mnzvf) or 6; or (C) Licensee has materially breached any other agreement with Licensor and such breach remains uncured after the expiration of any applicable cure period provided in that agreement.
       2. either Party may terminate this Agreement, effective on written notice to the other Party, if the other Party materially breaches this Agreement, and such breach: (A) is incapable of cure; or (B) being capable of cure, remains uncured 30 days after the non-breaching Party provides the breaching Party with written notice of such breach; or
       3. either Party may terminate this Agreement, effective immediately upon written notice to the other Party, if the other Party: (A) becomes insolvent or is generally unable to pay, or fails to pay, its debts as they become due; (B) files or has filed against it, a petition for voluntary or involuntary bankruptcy or otherwise becomes subject, voluntarily or involuntarily, to any proceeding under any domestic or foreign bankruptcy or insolvency law; (C) makes or seeks to make a general assignment for the benefit of its creditors; or (D) applies for or has appointed a receiver, trustee, custodian, or similar agent appointed by order of any court of competent jurisdiction to take charge of or sell any material portion of its property or business.
    2. Effect of Expiration or Termination. Upon expiration or earlier termination of this Agreement, the license granted hereunder will also terminate and, without limiting Licensee’s obligations under Section 6, Licensee shall cease using and delete, destroy, or return all copies of the Node License and Documentation and certify in writing to the Licensor that the Node License and Documentation has been deleted or destroyed. No expiration or termination will affect Licensee’s obligation to pay all Fees that may have become due before such expiration or termination, or entitle Licensee to any refund.
    3. Survival. This Section and 1, 3, 5, 6, 7, 8, 9(d), 10, 11 survive any termination or expiration of this Agreement. No other provisions of this Agreement survive the expiration or earlier termination of this Agreement.
13. Miscellaneous.&#x20;
    1. Entire Agreement. This Agreement, together with any other documents incorporated herein by reference and all related Exhibits, constitutes the sole and entire agreement of the Parties with respect to the subject matter of this Agreement and supersedes all prior and contemporaneous understandings, agreements, and representations and warranties, both written and oral, with respect to such subject matter. In the event of any inconsistency between the statements made in the body of this Agreement, the related Exhibits, and any other documents incorporated herein by reference, the following order of precedence governs: (a) first, this Agreement, excluding its Exhibits; (b) second, the Exhibits to this Agreement as of the Effective Date; and (c) third, any other documents incorporated herein by reference.
    2. Notices. All notices, requests, consents, claims, demands, waivers, and other communications hereunder (each, a “Notice”) must be in writing and addressed to the Parties at the addresses set forth on the first page of this Agreement (or to such other address that may be designated by the Party giving Notice from time to time in accordance with this Section). All Notices must be delivered by personal delivery, nationally recognized overnight courier (with all fees pre-paid), facsimile, or email (with confirmation of transmission), or certified or registered mail (in each case, return receipt requested, postage pre-paid). Except as otherwise provided in this Agreement, a Notice is effective only: (i) upon receipt by the receiving Party, and (ii) if the Party giving the Notice has complied with the requirements of this Section.
    3. Force Majeure. In no event shall Licensor be liable to Licensee, or be deemed to have breached this Agreement, for any failure or delay in performing its obligations under this Agreement, if and to the extent such failure or delay is caused by any circumstances beyond Licensor’s reasonable control, including but not limited to: (i) acts of God; (ii) flood, fire, earthquake, or explosion; (iii) war, invasion, hostilities (whether war is declared or not), terrorist threats or acts, riot or other civil unrest; (iv) government order, law, or actions; (v) embargoes or blockades in effect on or after the date of this Agreement; and (vi) national or regional emergency; and (vii) strikes, labor stoppages or slowdowns, or other industrial disturbances; and (viii) shortage of adequate power or transportation facilities.
    4. Amendment and Modification; Waiver. No amendment to or modification of this Agreement is effective unless it is in writing and signed by an authorized representative of each Party. No waiver by any Party of any of the provisions hereof will be effective unless explicitly set forth in writing and signed by the Party so waiving. Except as otherwise set forth in this Agreement, (i) no failure to exercise, or delay in exercising, any rights, remedy, power, or privilege arising from this Agreement will operate or be construed as a waiver thereof, and (ii) no single or partial exercise of any right, remedy, power, or privilege hereunder will preclude any other or further exercise thereof or the exercise of any other right, remedy, power, or privilege.
    5. Severability. If any provision of this Agreement is invalid, illegal, or unenforceable in any jurisdiction, such invalidity, illegality, or unenforceability will not affect any other term or provision of this Agreement or invalidate or render unenforceable such term or provision in any other jurisdiction. Upon such determination that any term or other provision is invalid, illegal, or unenforceable, the Parties hereto shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in a mutually acceptable manner in order that the transactions contemplated hereby be consummated as originally contemplated to the greatest extent possible.
    6. Governing Law; Dispute Resolution. This Agreement shall be governed by and construed in accordance with the laws of the British Virgin Islands, without giving effect to any choice or conflict of law rule that would cause the application of the laws of any other jurisdiction. Any dispute, controversy, or claim arising out of or relating to this Agreement, or the breach, termination, or validity thereof, shall be finally resolved by binding arbitration administered by the American Arbitration Association (AAA) in accordance with its Commercial Arbitration Rules then in effect (the “Rules”), except as modified herein. The arbitration shall be conducted by a single arbitrator selected in accordance with the Rules and may be conducted remotely. The seat of arbitration shall be the British Virgin Islands, and the proceedings shall be conducted in the English language. Judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction. Notwithstanding the foregoing, nothing in this Section shall prevent either Party from seeking injunctive or other equitable relief in any court of competent jurisdiction, including but not limited to relief necessary to protect a Party’s intellectual property or Confidential Information. Each Party hereby irrevocably submits to the arbitral jurisdiction set forth in this Section and waives any objection to the laying of venue or any claim of inconvenient forum.
    7. Assignment. Licensee may not assign or transfer any of its rights or delegate any of its obligations hereunder, in each case, whether voluntarily, involuntarily, by operation of law, or otherwise, for twelve (12) months following the Node Operations Go-Live Date (defined below) without the prior written consent of Licensor. Any purported assignment, transfer, or delegation (if applicable for the node) in violation of this Section is null and void. No assignment, transfer, or delegation (if applicable for the node) will relieve the assigning or delegating Party of any of its obligations hereunder. This Agreement is binding upon and inures to the benefit of the Parties hereto and their respective permitted successors and assigns. \
       \
       Following the twelve (12) month period commencing on the date on which nodes are first permitted by Licensor to be activated and operated for purposes of earning Token Rewards (the “Node Operations Go-Live Date”) for the specific tier of nodes during which the licensee purchased the NFT Node License, Licensee may transfer the Node License, solely in the form of a non-fungible token (NFT), to another party by exporting it to a self-custodied wallet, provided that:

       1. the recipient successfully completes all Know Your Customer (KYC) requirements as specified by Licensor or its designated compliance provider;&#x20;
       2. such transfer does not violate any applicable law, regulation, or network rule;&#x20;
       3. the recipient agrees to be bound by the terms of this Agreement or a successor agreement approved by Licensor;&#x20;
       4. Licensor shall bear no liability whatsoever, whether for damages, regulatory consequences, or otherwise, arising out of or relating to any sale, transfer, or assignment of the Node License not conducted directly by or through a method expressly approved by Licensor; and&#x20;
       5. Licensor reserves the right to suspend or permanently disable Token Rewards associated with any Node License that has been transferred in violation of the requirements set forth in this Agreement, or where Licensor becomes aware of facts suggesting that the transfer was improper, fraudulent, or made to evade compliance obligations.

       Licensee is further entitled to host and operate the Node on any cloud platform or on their own equipment, assuming it meets the technical requirements published by the Foundation (which may be regularly updated by the Foundation’s governance), that satisfies the computational and software requirements stipulated by Licensor, including, but not limited to, vendors from which the Node License was initially purchased (“Node-as-a-Service” or “NaaS” providers). If Licensee initially acquired the Node License through an NaaS provider, the Licensee must export the NFT to its own wallet to assume custody and full operational responsibility. This export process will require KYC verification. Licensor will provide documentation and guidance to facilitate such deployment on any compatible cloud infrastructure selected by Licensee.\
       \
       Licensee must complete KYC verification within 30 days from the date of purchase of the Node License. This verification is a prerequisite for exporting the Node License to the Licensee's wallet and assuming custody and full operational responsibility. If Licensee fails to complete the KYC verification within the specified 30-day period, they may request a refund of the purchase price. Such refund requests must be submitted within the same 30-day period following the purchase date. Any refund requests made after the 30-day period may be refused by the Licensor at its sole discretion. In such cases, the Licensee will be unable to export the Node License or operate the Node until KYC verification is completed. Should the Licensee choose not to complete the KYC verification and fail to request a refund within the allotted timeframe, the Licensee forfeits the right to a refund, and the Node License remains inactive until verification is completed.\
       \
       Any purported assignment, delegation, or transfer in violation of this Section shall be null and void. This Agreement shall be binding upon and inure to the benefit of the Parties and their respective permitted successors and assigns.\
       \
       These policies may be changed through network governance. Licensee understands and accepts that the transfer policy described in this section may change.
    8. Export Regulation. The Node License may be subject to US export control laws, including the Export Control Reform Act and its associated regulations. Licensee shall not, directly or indirectly, export, re-export, or release the Node License to, or make the Node License accessible from, any jurisdiction or country to which export, re-export, or release is prohibited by law, rule, or regulation. Licensee shall comply with all applicable federal laws, regulations, and rules, and complete all required undertakings (including obtaining any necessary export license or other governmental approval), prior to exporting, re-exporting, releasing, or otherwise making the Node License available outside the US.&#x20;
    9. Equitable Relief. Each Party acknowledges and agrees that a breach or threatened breach by such Party of any of its obligations under 6 or, in the case of Licensee, [Section 2(b)](https://docs.google.com/document/d/1dOKEl6Jc-m_73awMXN_emYcapauGhYOqHy3_W7h_6M8/edit#bookmark=id.r3nb0y5mnzvf), would cause the other Party irreparable harm for which monetary damages would not be an adequate remedy and agrees that, in the event of such breach or threatened breach, the other Party will be entitled to equitable relief, including a restraining order, an injunction, specific performance, and any other relief that may be available from any court, without any requirement to post a bond or other security, or to prove actual damages or that monetary damages are not an adequate remedy. Such remedies are not exclusive and are in addition to all other remedies that may be available at law, in equity, or otherwise.
    10. Counterparts. This Agreement may be executed in counterparts, each of which is deemed an original, but all of which together are deemed to be one and the same agreement.&#x20;

## EXHIBIT A

Capitalized terms used but not defined in this Exhibit A have the meaning given to those terms in the Agreement.&#x20;

1. **DESCRIPTION OF SOFTWARE:**&#x20;

The Node License consists of a compiled instance of Beamable Network Checker Node Software, Version \[1.0], which enables participation in the Beamable Protocol by performing designated network functions as determined by the protocol’s specifications and governance.

Node types currently supported by the protocol include:

* Worker Nodes, which contribute compute resources by executing microservices and maintaining high availability for game-related workloads. Examples of earning activity include: (i) processing assigned computational workloads, (ii) delivering enhanced computational performance when required by assigned workloads, and (iii) maintaining high availability, even during periods of low activity.
* Checker Nodes, which contribute to network security and accountability by verifying the performance and integrity of other nodes. Examples of earning activity include: (i) validating proofs of availability submitted by Worker Nodes, and (ii) verifying Proofs of Service to confirm that Worker-node-executed workloads were performed as claimed.

The above examples are illustrative and non-exhaustive. All technical requirements, earning logic, and node responsibilities are governed by the Beamable Protocol and may be amended from time to time by the Foundation’s governance processes.

The Node is licensed for deployment on cloud-based or self-hosted infrastructure that meets the minimum software and computational specifications published by Licensor. Licensor will provide deployment and configuration documentation for supported environments, including compatibility with third-party cloud platforms and approved Node-as-a-Service providers.

2. **FEES:**&#x20;

Licensee acknowledges that the rights granted under this Agreement are conditioned upon Licensee’s lawful acquisition of the Node License through one of the following authorized channels:

(a) direct purchase from the Licensor;

(b) purchase from an authorized Node-as-a-Service provider approved by the Licensor; or

(c) secondary acquisition from a prior license holder who obtained the license in compliance with this Agreement and whose transfer was made in accordance with Section 13(g) and all applicable KYC and governance requirements.

The consideration paid for the Node License may vary depending on timing, market conditions, and point of purchase, and is not specified herein. This Agreement does not itself require payment of a license fee, but merely memorializes the terms and conditions applicable to Licensee’s operation of a validly acquired Node License.

3. **AUTHORIZED USERS:** (Licensee only, unless otherwise approved in writing)
4. **SUPPORT:**

This license does not include technical support. The Licensor or the Foundation may, at its discretion, publish public resources for node operators or offer paid support services under a separate agreement.

5. **TOKEN REWARDS:**

Licensee may be eligible to receive Token Rewards based on continued operation of the Node in compliance with the Agreement. Specifically:

* Token Rewards are not guaranteed and are subject to successful completion of KYC Requirements.
* Eligibility for receiving and redeeming Token rewards may be reduced, delayed, or eliminated due to insufficient uptime, technical misconfiguration, failure to meet staking or KYC requirements, or other violations of operational standards. All such eligibility criteria, including performance thresholds, participation rules, and redemption conditions, shall be determined by the Foundation’s governance body and may be periodically updated through its governance procedures and publicly disclosed guidance.
* Staking requirements may apply as set by the Foundation’s governance and detailed at docs.beamable.network prior to Go-live-Date.
* The emissions schedule, calculation methodology, and performance benchmarks are published and periodically updated at docs.beamable.network prior to Go-live-Date.

6. **BUYBACK AND TRANSFER CONTROLS**

At any time after the Node Operations Go-Live Date, Licensor may offer to repurchase any Node License from Licensee at the Governance Buyback Price.

The Governance Buyback Price shall be:

* Set and periodically updated through the Foundation’s Governance Procedures;
* Publicly disclosed on the Foundation’s governance or protocol portal;
* Uniformly applied to all Licensees eligible under the terms of the buyback program.

Participation by Licensee in any such buyback is voluntary unless otherwise provided under a separate binding vote or mechanism approved by the Foundation’s governance process. Upon completion of a buyback, all Token Rewards associated with the repurchased Node License shall cease, and the license shall be considered extinguished and non-transferable. Additionally, rules and regulations regarding secondary license sales will be managed and updated by Foundation’s governance body.

\[ END ]<br>


# Privacy Policy

BEAMABLE FOUNDATION

PRIVACY POLICY

&#x20;

The purpose of this document (the “Privacy Policy”) is to inform you of how Beamable Foundation, an exempted limited guarantee Cayman foundation (collectively referred to herein as “Beamable,” the “Foundation”, "us", "we" or "our"), as the issuer of the Beamable Tokens and operator of Beamable.network, manages personal data in accordance with applicable data privacy protection legislation. Please take a moment to read this Privacy Policy so that you know and understand the purposes for which we collect, use and disclose your Personal Data.

By interacting with us, submitting information to us or signing up for any promotions or services offered by us (“Services”), you agree and consent to the Foundation, its related corporations and affiliates, as well as our respective agents ("Representatives") collecting, using, disclosing and sharing amongst themselves your Personal Data, and disclosing such Personal Data to the Foundation’s authorised service providers and relevant third parties in the manner set forth in this Privacy Policy.

This Privacy Policy supplements but does not supersede any other consents you may have previously provided to us in respect of your Personal Data, and your consents herein are cumulative and additional to any rights which the Foundation may have at law to collect, use, disclose and/or process your Personal Data. This Privacy Policy does not affect any rights which we may have at law in connection with the collection, use, disclosure and/or processing of your Personal Data.

The Foundation reserves, in its sole discretion, the right to revise this Policy at any time and if we change our Privacy Policy, we will post the changes on this page and may place notices on other pages at Beamable.network (the “Site”), so that you may be aware of how we collect, use, disclose and/or process Personal Data. Subject to your rights at law, you agree to be bound by the prevailing terms of this Privacy Policy as updated from time to time on our Site. Please check the Site regularly for updated information on the handling of your Personal Data.

‍

1\. YOUR PERSONAL DATA

1.1.     In this Privacy Policy, "Personal Data" means all data that falls within the definition of personal information, personal data, personally identifiable information or similar language under any applicable law relating to the protection, privacy and security, collection, use or disclosure of sensitive or other personally identifiable information, including applicable data protection laws.

1.2.     Examples of such Personal Data which we collect and/or which you may provide us include (depending on the nature of your interaction with us):

(a)        personal details (such as name, gender, date of birth/age, nationality, passport or\
national ID number, social security number, tax identification number);

(b)       contact details (such as address, email address, telephone number, social media\
account details);

(c)        financial details (such as bank information, credit card information, utility bill, credit report, other financial details with respect to “Accredited Investor” verification)

(d)       corporate details (such as name, place of registration, registration number,\
transparency register number, details with respect to articles of association and other similar documents/certificates, details with respect to shareholders and/or beneficial owners (including their personal and contact details)

(e)        technical information of your device which you use for orders and communication (such as cell phone, tablet, notebook, personal computer, IP address)

(f)        log in information (such as email address, password);

(g)       your cryptocurrency wallet address; and

(h)       information about your visit and use of our Site and Services, including cookies,\
information about your domain name and IP addresses.

1.3.     To the maximum extent permitted under applicable law, we may anonymise your Personal Data so that it no longer identifies you, in which case we shall be entitled to retain, use, disclose, and/or process such anonymized data without restriction, including for business product related reviews.

1.4.     In the course of your interaction with Beamable Tokens, we may also create Personal Data about you, such as records of your interactions with us and details of your\
transaction history.

1.5.     In order to comply with international sanctions and applicable regulations for securities and to fight money-laundering or the financing of terrorism, we may need to check any Personal Data provided by you against publicly available databases.

1.6.     For the avoidance of doubt, in the event that applicable data protection laws permits the Foundation to collect, use, disclose and/or process your Personal Data without your consent, such permission granted by the law shall continue to apply.

&#x20;

2\. COLLECTION OF PERSONAL DATA

2.1.     Generally, your Personal Data may be collected by us in the following ways:

(a)        when you contact us via e-mail, telephone or by any other means;

(b)       in the ordinary course of our relationship with you;

(c)        where you have manifestly chosen to make such Personal Data public, including via social media profiles;

(d)       when we receive your Personal Data from third parties who legally provide it to us, such as background/ credit reference checking agencies or law enforcement agencies;

(e)        when you visit any of our websites (including, the Site) or use any features or resources available on or through our websites. When you visit our website, your device and browser may automatically disclose certain information (such as device type, operating system, browser type, browser settings, IP address, language settings, dates and times of connecting to a website and other technical communications information), some of which may constitute Personal Data;

(f)        when you submit your resume/CV to us for a job application;

(g)       when you acquire Beamable Tokens directly from us;

(h)       when you use Beamable Tokens to interact with our Services; and/or

(i)         when you submit your Personal Data to us for any other reason.

2.2.     When you browse our Site, you generally do so anonymously but please see section 6 below for information on cookies which we have implemented on our Site.

2.3.     If you provide us with any Personal Data relating to a third party (e.g. information on your dependent, spouse, children and/or parents), by submitting such information to us, you\
represent and warrant to us that you have obtained the consent of such third party to you\
providing us with their Personal Data, and for the further collection, use, disclosure and/or\
processing by us of their Personal Data, for the purposes contemplated hereunder, and that\
such consents have not been withdrawn.

2.4.     You shall ensure that all Personal Data submitted to us is complete, accurate, true and correct. Failure on your part to do so may result in our inability to provide you with the products and/or services which you have requested.

&#x20;

3\. PURPOSES FOR THE COLLECTION, USE, DISCLOSURE AND/OR PROCESSING OF PERSONAL DATA

3.1.     In general, we collect, use, disclose and/or process your Personal Data for the following\
purposes:

(a)        to provide, maintain and improve our Services, including without limitation ensuring operability of the Beamable Tokens with applicable blockchain networks, minting and launching the Beamable Tokens, providing long-term governance, community and ecosystem, and being a treasurer of the funds raised;

(b)       to help us review, develop, improve, manage the delivery of and to the extent this\
requires the use of Personal Data, enhance our products and services, including analysing customer behaviour and future customer needs, conducting market research, list processing and data analytics (including by requesting feedback from you or your participation in surveys);

(c)        for authentication and verification purposes;

(d)       to enable, improve or update information on the use of the Beamable Tokens;

(e)        to grant you access to and participate in the governance of the Beamable Tokens;

(f)        to enable you the use BeamableTokens;

(g)       for the issuance, distribution, use and circulation of or exchange for Beamable Tokens, where you have submitted Personal Data to us for the purposes acquiring of the Beamable Tokens; specifically, in relation to the processing of your Personal Data:

(i) as may be necessary in connection with any contractual relationship that you may enter into with us;

(ii) as may be required by applicable law;

(iii)  as is necessary to protect the vital interests of any individual; and

(iv)  where we have a legitimate interest in carrying out the processing for the\
purpose of managing, operating or promoting our business, and that legitimate\
interest is not overridden by your interests, fundamental rights, or freedoms.

(h)       to respond to, handle, and process queries, requests, applications, complaints, and\
feedback from you;

(i)         detect, prevent, and address technical issues;

(j)         enhance security, monitor and verify identity or service access, combat spam or other malware or security risks;

(k)       send information including confirmations, technical notices, updates, security alerts, and support and administrative messages;

(l)         detect, prevent and mitigate fraud and abuse of our Services and to protect you against account compromise or funds loss;

(m)      to handle disputes and conduct and facilitate investigations and proceedings;

(n)       to prevent, detect and investigate crime, including fraud and money-laundering, and to analyse and manage other commercial risks;

(o)       to manage our infrastructure operations, administrative operations and business\
operations and to comply with internal policies and procedures;

(p)       to comply with, protect and enforce our contractual and legal rights and obligations;

(q)       to commence, respond to, or act in connection with any claims, actions or proceedings (including but not limited to drafting and reviewing documents, transaction\
documentation, obtaining legal advice, and facilitating dispute resolution);

(r)        to match any Personal Data held which relates to you for any of the purposes listed herein;

(s)        to facilitate business asset transactions (which may extend to any merger, acquisition or asset sales);

(t)         to comply with any applicable rules, laws and regulations, codes of practice or\
guidelines or to assist in law enforcement and investigations by relevant authorities;

(u)       where required or permitted by law for any purpose; and/or

(v)       for purposes which are reasonably related to the aforesaid.

&#x20;

3.2.     In addition, and without prejudice to the generality of the foregoing, if you submit an application to us as a candidate for employment or an internship, or are an existing employee of the Foundation, we collect, use, disclose and/or process your Personal Data for the following\
purposes:

(a)        for management and/or evaluative purposes, including without limitation to process your employment application, to conduct pre-recruitment checks, and/or to provide or obtain employee references or other references where relevant for background\
screening and/or vetting;

(b)       for personnel administration, including to administer benefits and payroll processing, to administer or execute employee remuneration schemes, and/or to his/her employment related work activities;

(c)        to enter into an employment relationship with you or to appoint you to any office;

(d)       to manage or terminate the employment relationship with you or appoint you, including without limitation role assessment, job compatibility assessment, career progression and/or management of staffing requirements; and/or

(e)        for purposes which are reasonably related to the aforesaid.

&#x20;

3.3.     Furthermore, and without prejudice to the generality of the foregoing, and where permitted under data protection laws, we may also collect, use, disclose and/or process your Personal Data and/or share your Personal Data with our business partners for any of the following purposes:

(a)        providing or marketing services, products and benefits to you, including promotions;

(b)       to enable you to apply to and be considered and selected by the Foundation for the relevant marketing initiatives and campaigns for promotion relating to the Foundation\
and the Beamable Token (including but not limited to you, if selected by the Foundation, appearing on the relevant Foundation marketing, promotion or community webpage and may be contacted by other members in our communities or any visitor of our websites);

(c)        for us or our business partners to inform you via e-mail about upcoming opportunities and promote our respective products and services;

(d)       to administer a contest, promotion, survey or other site feature;

(e)        matching Personal Data with other data collected for other purposes and from other sources (including third parties) in connection with the customisation, provision or\
offering of products, services, marketing or promotions, whether by the Foundation or\
other third parties; and

(f)        conducting research, analysis and development activities (including data analytics, surveys, product and service development and/or profiling), understanding and analysing customer behaviour, location, preferences and demographics for us to offer you products and services as well as special offers and marketing programmes which may be relevant to your preferences and profile.

&#x20;

3.4.     In relation to particular products or services or in your interactions with us, we may also have specifically notified you of other purposes for which we collect, use, disclose and/or process your Personal Data. If so, we will collect, use, disclose and/or process your Personal Data for these additional purposes as well, unless we have specifically notified you otherwise.

3.5.     We also reserve the right to monitor, check and process your Personal Data if necessary to investigate or obtain evidence concerning any complaint, claim or dispute or any actual or suspected illegal or unlawful conduct or to aid in such investigation or evidence gathering by any law enforcement or regulatory authorities.

3.6.     You may withdraw your consent by contacting us using the contact details set out in Section 8 below.

&#x20;

4\. DISCLOSURE OF PERSONAL DATA

4.1.     Subject to the provisions of any applicable law, you hereby agree, acknowledge and consent that your Personal Data may be disclosed for any of the purposes listed above in this Privacy Policy (as applicable) to the following entities or parties, regardless of where they are located:

(a)        our service providers and contractors, including third party vendors that provide data processing or management services;

(b)       our business partners and members of our communities (and in particular, where you have consented to receiving information/ newsletters/ marketing/ promotion from us);

(c)        our group affiliates;

(d)       other holders or users of Beamable Tokens;

(e)        any person or entity involved in the handling of Beamable Tokens or Services provided to you;

(f)        law enforcement authorities, regulatory authorities, statutory bodies or public agencies for the purposes of complying with their requirements, policies, directives or requests;

(g)       banks, credit agencies and other financial and/or payment service providers;

(h)       IT-service providers;

(i)         any business partner, investor, assignee or transferee (actual or prospective) to\
facilitate business asset transactions (which may extend to any merger, acquisition or\
asset sale); and/or

(j)         any other party to whom you authorise us to disclose your Personal Data to.

4.2.     We may share information about you in aggregate or anonymized form, for example,\
information regarding business product related reviews, with the abovementioned entities or\
parties (e.g. our business partners).

&#x20;

5\. KEEPING YOUR PERSONAL DATA ACCURATE AND UP-TO-DATE

5.1.     We encourage you to contact us as soon as possible to enable us to update any Personal Data we have about you. Incomplete or outdated Personal Data may result in our inability to provide, or delays in providing you with products and services you have requested, or processing any requests and applications you may have made to us.

&#x20;

6\. FOUNDATION COOKIE POLICY

6.1.     Our websites (including our Site) and platforms use cookies and other technologies. Cookies are small text files stored in your computing or other electronic devices when you visit our website (including our Site) and platforms for record keeping purposes. Cookies are stored in your browser’s file directory, and the next time you visit the website (including our Site) or\
platform, your browser will read the cookie and relay the information back to the website\
(including our Site), platform or element that originally set the cookie. Depending on the type of cookie it is, cookies may store user preferences and other information.

6.2.     Web beacons (also known as pixel tags and clear GIFs) involve graphics that are not apparent to the user. Tracking links and/or similar technologies consist of a few lines of programming code and can be embedded in our websites (including our Site) or platforms. Web beacons are usually used in conjunction with cookies and primarily used for statistical analysis purposes.\
This technology can also be used for tracking traffic patterns on websites (including our Site)\
and platforms, as well as finding out if an e-mail has been received and opened and to see if\
there has been any response.

6.3.     We may employ cookies and other technologies as follows:

(a)        tracking information such as the number of visitors and their frequency of use, profiles of visitors and their preferred sites;

(b)       making our websites (including our Site) and platforms easier to use. For example, cookies may be used to help speed up your future interactions with our websites\
(including our Site) and platforms;

(c)        to better tailor our products and services to your interests and needs. For example,\
cookies information may be identified and disclosed to our vendors and business\
partners to generate consumer insights;

(d)       collating information on a user’s search and browsing history;

(e)        when you interact with us on our websites (including our Site) and platforms, we may automatically receive and record information on our server logs from your browser. We may collect for the purposes of analysis, statistical and site-related information\
including, without limitation, information relating to how a visitor arrived at the website\
(including our Site) or platform, the browser used by a visitor, the operating system a\
visitor is using, a visitor's IP address, and a visitor's click stream information and time\
stamp (which may include for example, information about which pages they have\
viewed, the time the pages were accessed and the time spent per web page);

(f)        using such information to understand how people use our websites (including our Site) and platforms, and to help us improve their structure and contents;

(g)       using cookies that are necessary in order to enable our websites (including our Site) and platforms to operate, for example, cookies that enable you to log onto secure parts of our websites (including our Site) and platforms; and/or

(h)       personalising the website (including our Site) and platform for you, including delivering advertisements which may be of particular interest to you and using cookie related information to allow us to understand the effectiveness of our advertisements.

&#x20;

6.4.     Some cookies we use are from third party companies to provide us with web analytics and intelligence about our websites (including our Site) and platforms. These companies collect\
information about your interaction with our websites (including our Site) and platforms. We use such information to compile statistics about visitors who interact with the websites (including our Site), platforms and other Foundation’s online content, to gauge the effectiveness of our communications, and to provide more pertinent information to our visitors.

6.5.     If you do not agree to such use of cookies, you can adjust your browser settings. Unless you have adjusted your browser settings to block cookies, our system will issue cookies as soon as you visit our website (including our Site) or click on a link in a targeted email that we have sent you, even if you have previously deleted our cookies.

6.6.     The way which cookies can be managed depends on your browser. The following links provide information on how to configure or disable cookies in each browser:

&#x20;

(a)        Google Chrome: <https://policies.google.com/technologies/cookies?hl=en-US#managing-cookies>

(b)       Mozilla Firefox: <https://support.mozilla.org/en-US/kb/cookies-information-websites-store-on-your-computer>

(c)        Microsoft Edge: <https://learn.microsoft.com/en-us/microsoft-edge/devtools-guide-chromium/storage/cookies>

(d)       Safari: <https://support.apple.com/en-lb/guide/safari/sfri11471/16.0/mac/11.0>

(e)        Safari for iPhone, iPad, or iPod touch: <https://support.apple.com/en-ca/105082>

&#x20;

6.7.     If you do not agree to our use of cookies and other technologies as set out in this Privacy\
Statement, you should delete or disable the cookies associated with our websites (including\
our Site) and platforms by changing the settings on your browser accordingly. However, you\
may not be able to enter certain part(s) of our websites (including our Site) or platforms. This\
may also impact your user experience while on our websites (including our Site) or platforms.\
‍

7\. THIRD-PARTY INFORMATION

7.1.     Certain links contained on the Site may direct you to co-branded websites maintained by the Foundation or to companies which the Foundation has established business relationships. When you submit information to one of these co-branded sites or partner companies, you may be submitting it to both the Foundation and these business partners. This Privacy Policy does not apply to any information that you may provide to third parties, such as through other sites linked to the Site. The Foundation is not responsible for those sites and cannot control the content of what is offered on those sites, or links from those sites, or the privacy policy or data security, if any, of those sites, and we therefore strongly encourage you to read their respective privacy policies as they may differ from ours.

&#x20;

8\. CONTACTING US – WITHDRAWAL OF CONSENT, ACCESS AND CORRECTION OF YOUR PERSONAL DATA

8.1.     If you:

(a)        have any questions or feedback relating to your Personal Data or about this Privacy Policy;

(b)       would like to withdraw your consent to any use of your Personal Data as set out in this Privacy Policy; or

(c)        would like to obtain access and make correction to your Personal Data records,  please contact: <privacy@beamable.network>

&#x20;

8.2.     Please note that if your Personal Data has been provided to us by a third party (e.g. your\
employer), you should contact that organisation or individual to make such queries, complaints,\
and access and correction requests to the Foundation on your behalf.

8.3.     If you withdraw your consent to any or all use of your Personal Data, depending on the nature of your request, the Foundation may not be in a position to continue to provide its products and services to you, or administer any contractual relationship in place, which in turn may also result in the termination of any agreements with the Foundation, and your being in breach of your contractual obligations or undertakings. the Foundation’s legal rights and remedies in such event are expressly reserved.

&#x20;

9\. GOVERNING LAW

9.1.     This Privacy Policy shall be governed in all respects by the laws of the Cayman Islands.

<br>


# Disclaimer

BEAMABLE FOUNDATION

DISCLAIMER

This document contains forward-looking statements. These statements relate to, amongst other things, Beamable Inc., Beamable Foundation, and its founders, officers, directors, and other affiliates (collectively “Beamable”) future prospects, developments, and business strategies. Forward-looking statements are identified by their use of terms and phrases such as “believe”, “could”, “envisage”, “estimate”, “intend”, “may”, “plan”, “will” or the negative of those, variations or comparable expressions, including references to assumptions.

The forward-looking statements in this document are based on current expectations and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by those statements. If one or more of these risks or uncertainties materialize, or if underlying assumptions prove incorrect, Beamable’s actual results may vary materially from those expected, estimated, or projected. Given these risks and uncertainties, potential users should not rely on forward-looking statements. These forward-looking statements are made only as of the publication date of the website.

Certain information provided by and/or is based on third-party sources, and although believed to be reliable, such information has not been independently verified, and its accuracy, timeliness, or completeness cannot be guaranteed.

The information contained herein has been provided as an information service only. The accuracy or completeness of the information is not warranted and is only as reliable as the sources from which it was obtained.

This document is for informational purposes only. The information set forth below and elsewhere in this website may not be exhaustive and does not imply any elements of a contractual relationship. While we make every effort to ensure that any material in this website is accurate and up to date, such material in no way constitutes the provision of professional advice. Beamable does not guarantee and accepts no legal liability whatsoever arising from or connected to the accuracy, reliability, currency, or completeness of any material contained in this website. Any potential users should seek appropriate independent professional advice before relying on or entering into any commitment or transaction based on material published in this website, which material is purely published for reference and educational purposes ONLY.

<br>


# Terms of Service

Beamable Foundation

TERMS OF SERVICE

Date of Last Revision: January 22, 2025

1\. Acceptance of These Terms of Service

Please read these Terms of Service and carefully because they govern your use of the website located at Beamable.network (the “Site”) and services accessible via the Site offered by Beamable Foundation, an exempted limited guarantee Cayman foundation (“Foundation,” “we,” “us,” or “our”). To make these Terms easier to read, the Site and our services are collectively called the (“Services”). By accessing, browsing, or otherwise using the Site or any other aspect of the Service, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service. If you are using the Service on behalf of an entity or other organization, you are agreeing to these Terms of Service for that entity or organization and representing to Beamable Foundation that you have the authority to bind that entity or organization to these Terms of Service (and, in which case, the terms “you” and “your” will refer to that entity or organization). If you do not accept the terms and conditions of these Terms of Service, you will not access, browse or otherwise use the Service.

We reserve the right, at our sole discretion, to change or modify portions of these Terms of Service at any time. If we do this, we will post the changes on this page and will indicate at the top of this page the date these Terms of Service were last revised. You may read a current, effective copy of these Terms of Service by visiting the “Terms of Service” link on the Site. Your continued use of the Service after the date any such changes become effective constitutes your acceptance of the new Terms of Service. You should periodically visit this page to review the current Terms of Service so you are aware of any revisions. If you do not agree to abide by these or any future Terms of Service, you will not access, browse, or use (or continue to access, browse, or use) the Service.

PLEASE READ THESE TERMS OF SERVICE CAREFULLY, AS THEY CONTAIN AN AGREEMENT TO ARBITRATE AND OTHER IMPORTANT INFORMATION REGARDING YOUR LEGAL RIGHTS, REMEDIES, AND OBLIGATIONS. THE AGREEMENT TO ARBITRATE REQUIRES (WITH LIMITED EXCEPTION) THAT YOU SUBMIT CLAIMS YOU HAVE AGAINST US TO BINDING AND FINAL ARBITRATION, AND FURTHER (1) YOU WILL ONLY BE PERMITTED TO PURSUE CLAIMS AGAINST BEAMABLE FOUNDATION ON AN INDIVIDUAL BASIS, NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS OR REPRESENTATIVE ACTION OR PROCEEDING, (2) YOU WILL ONLY BE PERMITTED TO SEEK RELIEF (INCLUDING MONETARY, INJUNCTIVE, AND DECLARATORY RELIEF) ON AN INDIVIDUAL BASIS, AND (3) YOU MAY NOT BE ABLE TO HAVE ANY CLAIMS YOU HAVE AGAINST US RESOLVED BY A JURY OR IN A COURT OF LAW.

Your Privacy: For more information regarding our collection, use and disclosure of personal data and certain other data, please see our Privacy Policy, located at Beamable.network (the “Privacy Policy”). By using the Service, you consent to our collection, use and disclosure of Personal Data and other data as outlined therein.

Additional Terms: In addition, when using certain features through the Service, you will be subject to any additional terms applicable to such features that may be posted on or within the Service from time to time. All such terms are hereby incorporated by reference into these Terms of Service.

2\. Access and Use of the Service

Legal Compliance: You represent that your access and use of the Service will fully comply with all applicable laws and regulations, and that you will not access or use the Service to conduct, promote, or otherwise facilitate any illegal activity. You will comply with all applicable sanctions laws, regulations, and rules, including but not limited to those administered by the U.S. Department of the Treasury’s Office of Foreign Assets Control (“OFAC”), and any other applicable jurisdictions, including Cuba,&#x20;Iran, North Korea, Crimea, Donetsk, the Luhansk region of Ukraine, Belarus, Russia, Syria, and Venezuela. The Services may also not be used by or for (i) the specific benefit of any individual or entity on the Specially Designated Nationals and Blocked Persons (“SDN”) List maintained by OFAC; (ii) any entity 50% or more owned in the aggregate by any such SDN(s); or (iii) any other use requiring a license or other governmental approval. If the Beamable Foundation determines that you have breached your obligation under this section, we shall block your access to the Service and any interests in property as required by law, if continued Service could result in the Beamable Foundation being in violation, or subject to negative consequences, under the Sanctions Rules.

3\. Who May Use the Services?

You may use the Services only if you are 18 years or older and capable of forming a binding contract with Beamable Foundation, and not otherwise barred from using the Services under applicable law.

4\. Conditions of Access and Use

The following are examples of the or uses that are illegal or prohibited by Beamable Foundation. Beamable Foundation reserves the right to investigate and take appropriate legal action against anyone who, in Beamable Foundation’ sole discretion, violates this provision, including reporting the violator to law enforcement authorities. You agree not to do any of the following:

a. use, display, mirror or frame the Services or any individual element within the Services, Beamable Foundation’ name, any Beamable Foundation’ trademark, logo or other proprietary information, or the layout and design of any page or form contained on a page, without Beamable Foundation’ express written consent;

b. access, tamper with, or use non-public areas of the Services, Beamable Foundation’ computer systems, or the technical delivery systems of Beamable Foundation’ providers;

c. attempt to probe, scan or test the vulnerability of any Beamable Foundation system or network or breach any security or authentication measures;

d. avoid, bypass, remove, deactivate, impair, descramble or otherwise circumvent any technological measure implemented by Beamable Foundation or any of Beamable Foundation’ providers or any other third party (including another user) to protect the Services;

e. attempt to access or search the Services or download content from the Services using any engine, software, tool, agent, device or mechanism (including spiders, robots, crawlers, data mining tools or the like) other than the software and/or search agents provided by Beamable Foundation or other generally available third-party web browsers;

f.  use any meta tags or other hidden text or metadata utilizing an Beamable Foundation trademark, logo URL or product name without Beamable Foundation’ express written consent;

g. forge any TCP/IP packet header or any part of the header information in any email or newsgroup posting, or in any way use the Services to send altered, deceptive or false source-identifying information;

h. attempt to decipher, decompile, disassemble or reverse engineer any of the software used to provide the Services;

i.  seek to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including the deployment of viruses and denial of service attacks;

j.  violate any applicable local, state, national, or international law, or any regulations having the force of law, including any laws or regulations concerning the integrity of trading markets (e.g., manipulative tactics commonly known as spoofing and wash trading) or trading of securities or derivatives;

k. engage in any activity that seeks to defraud us or any other person or entity, including providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another;

l.  impersonate any person or entity, or falsely state or otherwise misrepresent your affiliation with a person or entity;

m.   further or promote any criminal activity or enterprise or provide instructional information about illegal activities; or

n. encourage or enable any other individual to do any of the foregoing.

5\. Intellectual Property Rights

a. Service Content.

You acknowledge and agree that the Service may contain content or features (“Service Content”) that are protected by copyright, patent, trademark, trade secret, or other proprietary rights and laws. Beamable Foundation retains all rights to Service Content. Furthermore, except as expressly authorized by Beamable Foundation (e.g., to the extent any of the Protocol is made available under an open source license), you agree not to modify, copy, frame, scrape, rent, lease, loan, sell, distribute, or create derivative works based on the Service or the Service Content, in whole or in part. Any use of the Service or the Service Content other than as specifically authorized herein is strictly prohibited.

b. Trademarks

BEAMABLE is a registered trademark of Beamable Inc., used by Beamable Foundation under license (collectively the “Beamable Foundation Trademarks”). Other company, product, and service names and logos used and displayed via the Service may be trademarks or service marks of their respective owners who may or may not endorse or be affiliated with or connected to Beamable Foundation. Nothing in these Terms of Service or the Service should be construed as granting, by implication, estoppel, or otherwise, any license or right to use any of Beamable Foundation Trademarks displayed on the Service, without our prior written permission in each instance. All goodwill generated from the use of Beamable Foundation Trademarks will inure to our exclusive benefit.

c. Third-Party Material.

Under no circumstances will Beamable Foundation be liable in any way for any content or materials of any third parties, including for any errors or omissions in any content, or for any loss or damage of any kind incurred as a result of the use of any such content. You acknowledge that Beamable Foundation does not pre-screen content, but that Beamable Foundation and its designees will have the right (but not the obligation) in their sole discretion to refuse or remove any content that is available via the Site. Without limiting the foregoing, Beamable Foundation and its designees will have the right to remove from the Site any content that violates these Terms of Service or is deemed by Beamable Foundation, in its sole discretion, to be otherwise objectionable. You agree that you must evaluate, and bear all risks associated with, the use of any content, including any reliance on the accuracy, completeness, or usefulness of such content.

d. User Feedback.

Any questions, comments, suggestions, ideas, feedback, reviews, or other information about the Service (“Submissions”), provided by you to Beamable Foundation are non-confidential and Beamable Foundation will be entitled to the unrestricted use and dissemination of these Submissions for any purpose, commercial or otherwise, without acknowledgment, attribution, or compensation to you.

6\. Third-Party Services

The Service provides access to services, sites, technology, applications and resources that are provided or otherwise made available by third parties (the “Third-Party Services”). Your access and use of the Third-Party Services may also be subject to additional terms and conditions, privacy policies, or other agreements with such third party. Beamable Foundation has no control over and is not responsible for such Third-Party Services, including for the accuracy, availability, reliability, or completeness of information shared by or available through Third-Party Services, or on the privacy practices of Third-Party Services. We encourage you to review the privacy policies of the third parties providing Third-Party Services prior to using such services. You, and not Beamable Foundation, will be responsible for any and all costs and charges associated with your use of any Third-Party Services. The integration or inclusion of such Third-Party Services does not imply an endorsement or recommendation. Any dealings you have with third parties while using the Service are between you and the third party. Beamable Foundation will not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any Third-Party Services.

7\. Termination.

We may suspend or terminate your access to and use of the Services at our sole discretion, at any time and without notice to you. Upon any termination, discontinuation or cancellation of the Services or your account, the following Sections will survive: 4, 5, 6, 7, 8, 9, 10, 11, and 12.

8\. Indemnification and Release

You will indemnify and hold Beamable Foundation and its officers, directors, employees and agents, harmless from and against any claims, disputes, demands, liabilities, damages, losses, and costs and expenses, including, without limitation, reasonable legal and accounting fees arising out of or in any way connected with (a) your access to or use of the Services or (b) your violation of these Terms.

9\. Warranty Disclaimers

YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK. THE SERVICE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. BEAMABLE FOUNDATION PARTIES EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

BEAMABLE FOUNDATION PARTIES MAKE NO WARRANTY THAT (A) THE SERVICE WILL MEET YOUR REQUIREMENTS; (B) THE SERVICE WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE; (C) THE RESULTS THAT MAY BE OBTAINED FROM THE USE OF THE SERVICE WILL BE ACCURATE OR RELIABLE; OR (D) THE QUALITY OF ANY PRODUCTS, SERVICES, APPLICATIONS, INFORMATION, OR OTHER MATERIAL PURCHASED OR OBTAINED BY YOU THROUGH THE SERVICE WILL MEET YOUR EXPECTATIONS.

BY ACCESSING AND USING THE SERVICE, YOU REPRESENT AND WARRANT THAT YOU UNDERSTAND THE INHERENT RISKS ASSOCIATED WITH USING CRYPTOGRAPHIC AND BLOCKCHAIN-BASED SYSTEMS, AND THAT YOU HAVE A WORKING KNOWLEDGE OF THE USAGE AND INTRICACIES OF DIGITAL ASSETS, SUCH AS THOSE FOLLOWING THE ETHEREUM TOKEN STANDARD (ERC-20) AND SOLANA PROGRAM LIBRARY (SPL) TOKENS AND BRIDGING ACROSS DIFFERENT BLOCKCHAIN SOLUTIONS. YOU FURTHER UNDERSTAND THAT THE MARKETS FOR THESE DIGITAL ASSETS ARE HIGHLY VOLATILE DUE TO VARIOUS FACTORS, INCLUDING ADOPTION, SPECULATION, TECHNOLOGY, SECURITY, AND REGULATION. YOU ACKNOWLEDGE AND ACCEPT THAT THE COST AND SPEED OF TRANSACTING WITH CRYPTOGRAPHIC AND BLOCKCHAIN-BASED SYSTEMS SUCH AS ETHEREUM AND SOLANA ARE VARIABLE AND MAY INCREASE DRAMATICALLY AT ANY TIME. YOU FURTHER ACKNOWLEDGE AND ACCEPT THE RISK THAT YOUR DIGITAL ASSETS MAY LOSE SOME OR ALL OF THEIR VALUE WHILE THEY ARE SUPPLIED TO A BLOCKCHAIN PROTOCOL. YOU FURTHER ACKNOWLEDGE THAT WE ARE NOT RESPONSIBLE FOR ANY OF THESE VARIABLES OR RISKS, AND CANNOT BE HELD LIABLE FOR ANY RESULTING LOSSES THAT YOU EXPERIENCE WHILE ACCESSING OR USING THE SERVICE. ACCORDINGLY, YOU UNDERSTAND AND AGREE TO ASSUME FULL RESPONSIBILITY FOR ALL OF THE RISKS OF ACCESSING AND USING BLOCKCHAIN PROTOCOLS.

10\. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER BEAMABLE FOUNDATION NOR ITS SERVICE PROVIDERS INVOLVED IN CREATING, PRODUCING, OR DELIVERING THE SERVICES WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST SAVINGS, LOST BUSINESS OPPORTUNITY, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE OR THE COST OF SUBSTITUTE SERVICES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT BEAMABLE FOUNDATION OR ITS SERVICE PROVIDERS HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, EVEN IF A LIMITED REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE.

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL BEAMABLE FOUNDATION’ TOTAL LIABILITY ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES EXCEED THE AMOUNTS YOU HAVE PAID OR ARE PAYABLE BY YOU TO BEAMABLE FOUNDATION FOR USE OF THE SERVICES OR ONE HUNDRED DOLLARS ($100), IF YOU HAVE NOT HAD ANY PAYMENT OBLIGATIONS TO BEAMABLE FOUNDATION, AS APPLICABLE.

THE EXCLUSIONS AND LIMITATIONS OF DAMAGES SET FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN BEAMABLE FOUNDATION AND YOU.

IF YOU ARE A USER FROM NEW JERSEY, THE FOREGOING SECTIONS TITLED “DISCLAIMER OF WARRANTIES; ASSUMPTION OF RISK” AND “LIMITATION OF LIABILITY” ARE INTENDED TO BE ONLY AS BROAD AS IS PERMITTED UNDER THE LAWS OF THE STATE OF NEW JERSEY. IF ANY PORTION OF THESE SECTIONS IS HELD TO BE INVALID UNDER THE LAWS OF THE STATE OF NEW JERSEY, THE INVALIDITY OF SUCH PORTION WILL NOT AFFECT THE VALIDITY OF THE REMAINING PORTIONS OF THE APPLICABLE SECTIONS.

11\. Dispute Resolution By Binding Arbitration

PLEASE READ THIS SECTION CAREFULLY AS IT AFFECTS YOUR RIGHTS.

a. Mandatory Arbitration of Disputes.

We each agree that any dispute, claim or controversy arising out of or relating to these Terms or the breach, termination, enforcement, interpretation or validity thereof or the use of the Services (collectively, “Disputes”) will be resolved solely by binding, individual arbitration and not in a class, representative or consolidated action or proceeding. You and Beamable Foundation agree that the U.S. Federal Arbitration Act governs the interpretation and enforcement of these Terms, and that you and Beamable Foundation are each waiving the right to a trial by jury or to participate in a class action. This arbitration provision shall survive termination of these Terms.

b. Exceptions.

As limited exceptions to Section 11(a) above: (i) we both may seek to resolve a Dispute in small claims court if it qualifies; and (ii) we each retain the right to seek injunctive or other equitable relief from a court to prevent (or enjoin) the infringement or misappropriation of our intellectual property rights.

c. Conducting Arbitration and Arbitration Rules.

The arbitration will be conducted by the American Arbitration Association (“AAA”) under its Consumer Arbitration Rules (the “AAA Rules”) then in effect, except as modified by these Terms. The AAA Rules are available at [www.adr.org](http://www.adr.org) or by calling 1-800-778-7879. A party who wishes to start arbitration must submit a written Demand for Arbitration to AAA and give notice to the other party as specified in the AAA Rules. The AAA provides a form Demand for Arbitration at [www.adr.org](http://www.adr.org).

Any arbitration hearings will take place in the county (or parish) where you live, unless we both agree to a different location. The parties agree that the arbitrator shall have exclusive authority to decide all issues relating to the interpretation, applicability, enforceability and scope of this arbitration agreement.

d. Arbitration Costs.

Payment of all filing, administration and arbitrator fees will be governed by the AAA Rules, and we won’t seek to recover the administration and arbitrator fees we are responsible for paying, unless the arbitrator finds your Dispute frivolous. If we prevail in arbitration we’ll pay all of our attorneys’ fees and costs and won’t seek to recover them from you. If you prevail in arbitration you will be entitled to an award of attorneys’ fees and expenses to the extent provided under applicable law.

e. Injunctive and Declaratory Relief.

Except as provided in Section 11(b) above, the arbitrator shall determine all issues of liability on the merits of any claim asserted by either party and may award declaratory or injunctive relief only in favor of the individual party seeking relief and only to the extent necessary to provide relief warranted by that party’s individual claim. To the extent that you or we prevail on a claim and seek public injunctive relief (that is, injunctive relief that has the primary purpose and effect of prohibiting unlawful acts that threaten future injury to the public), the entitlement to and extent of such relief must be litigated in a civil court of competent jurisdiction and not in arbitration. The parties agree that litigation of any issues of public injunctive relief shall be stayed pending the outcome of the merits of any individual claims in arbitration.

f.  Class Action Waiver.

YOU AND BEAMABLE FOUNDATION AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. Further, if the parties’ Dispute is resolved through arbitration, the arbitrator may not consolidate another person’s claims with your claims, and may not otherwise preside over any form of a representative or class proceeding. If this specific provision is found to be unenforceable, then the entirety of this Dispute Resolution section shall be null and void.

g. Severability.

With the exception of any of the provisions in Section 11(f) of these Terms (“Class Action Waiver”), if an arbitrator or court of competent jurisdiction decides that any part of these Terms is invalid or unenforceable, the other parts of these Terms will still apply.

12\. General

These Terms of Service (together with the terms incorporated by reference herein) constitute the entire agreement between you and Beamable Foundation governing your access and use of the Service, and supersede any prior agreements between you and Beamable Foundation with respect to the Service. You also may be subject to additional terms and conditions that may apply when you use Third-Party Services, third-party content or third-party software. These Terms of Service will be governed by the laws of the Cayman Islands without regard to its conflict of law provisions. With respect to any disputes or claims not subject to arbitration, as set forth above, you and Beamable Foundation submit to the personal and exclusive jurisdiction of the state and federal courts located within the Cayman Islands. The failure of Beamable Foundation to exercise or enforce any right or provision of these Terms of Service will not constitute a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of Beamable Foundation. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise. If any provision of these Terms of Service is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavor to give effect to the parties’ intentions as reflected in the provision, and the other provisions of these Terms of Service remain in full force and effect. You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Service or these Terms of Service must be filed within one (1) year after such claim or cause of action arose or be forever barred. A printed version of these Terms of Service and of any notice given in electronic form will be admissible in judicial or administrative proceedings based upon or relating to these Terms of Service to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form. You may not assign these Terms of Service without the prior written consent of Beamable Foundation, but Beamable Foundation may assign or transfer these Terms of Service, in whole or in part, without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns. The section titles in these Terms of Service are for convenience only and have no legal or contractual effect. As used in these Terms of Service, the words “include” and “including,” and variations thereof, will not be deemed to be terms of limitation, but rather will be deemed to be followed by the words “without limitation.” Notices to you may be made via either email or regular mail. The Service may also provide notices to you of changes to these Terms of Service or other matters by displaying notices or links to notices generally on the Service. For notices made by email, the date of receipt will be deemed the date on which such notice is transmitted. Beamable Foundation will not be in default hereunder by reason of any failure or delay in the performance of its obligations where such failure or delay is due to civil disturbances, riot, epidemic, hostilities, war, terrorist attack, embargo, natural disaster, acts of God, flood, fire, sabotage, fluctuations or unavailability of electrical power, network access or equipment, or any other circumstances or causes beyond Beamable Foundation’ reasonable control.

Questions?

Please contact us at <legal@beamable.network> to report any violations of these Terms of Service or to pose any questions regarding these Terms of Service or the Service.

<br>


# Coordinated Vulnerability Disclosure Policy

### Introduction

Beamable.Network is committed to safeguarding the security and privacy of our systems, applications, and users. We value the contributions of security researchers and welcome the responsible disclosure of vulnerabilities. If you believe you've found a security issue in our systems, we encourage you to report it to us in a way that respects user safety and system integrity.

### Scope

This policy applies to all public-facing services and infrastructure managed by Beamable.Network, including but not limited to:

* Beamable.network domains and subdomains
* APIs, validators, routers, and workload nodes
* Smart contracts deployed by Beamable.Network

Systems explicitly marked as “out of scope” or owned by third parties are excluded.

### Safe Harbor

We are committed to providing legal protection for good-faith security research:

* We will not pursue legal action if you act in accordance with this policy.
* We will consider your testing authorized and will not report it to law enforcement if it’s confined to in-scope systems and avoids data exfiltration or service disruption.
* This protection extends to any accidental violations, provided there is no malicious intent.

### How to Report

Please send all vulnerability reports to <security@beamable.network>.

If your report includes sensitive information, we encourage the use of our[ PGP key](https://chatgpt.com/g/g-p-681231c0051081919f2fdccf228c7b5b-bug-bounty-project/c/681231d7-ffa4-8003-bb80-49b0be3880e7#) to encrypt communications.

### What to Include in Your Report

To help us triage and resolve issues efficiently, your report should include:

* A clear and detailed description of the vulnerability
* Steps to reproduce the issue
* Potential security impact
* Any relevant screenshots, logs, or proof-of-concept code
* Your contact information (optional if you wish to remain anonymous)

### What to Expect

* We will acknowledge receipt of your report within three (3) business days.
* Our security team will investigate the issue and keep you informed of progress.
* We aim to resolve valid security issues within 90 days of verification, with regular updates during the process.

### Response Timeline

* Acknowledgment: Within three (3)  business days
* Initial Triage: Within seven (7)  business days
* Fix or Mitigation: Within 90 days, depending on complexity

### Out of Scope

While we appreciate all security research, the following are out of scope:

* Social engineering (e.g., phishing, impersonation)
* Denial of Service (DoS) attacks
* Physical security attacks
* Attacks against third-party services not owned by Beamable.Network
* Automated vulnerability scanners without prior consent

### Rewards

Beamable.Network does not currently operate a formal bug bounty program. However, for high-impact, well-documented reports, we may offer:

* Public acknowledgment on our website or GitHub
* Swag or discretionary rewards
* Invitations to private security testing opportunities
* Payment, at our discretion

### Legal Notice

By submitting a vulnerability report, you agree to:

* Not publicly disclose the vulnerability until we give explicit permission
* Not access or modify data belonging to others
* Act in good faith and within the scope of this policy


# Community Airdrop Campaign

<figure><img src="/files/HyDznurhoPNnbFimZmby" alt=""><figcaption></figcaption></figure>

## $BMB Airdrop Community Campaign Rules

Beamable Network aims to establish a truly decentralized, community-driven network where all participants are incentivized for their contributions and participation.

We're offering a Community Airdrop of $BMB tokens, earmarked at 3% of the total token supply. There are 60,000 available spots, of which 50,000 will be awarded through our multi-season Airdrop Campaign.

## Update 9/15/2025 - AIRDROP Ticket Mint Is LIVE!

The community airdrop competition is complete. All five mints plus the VIP tickets are now available.&#x20;

* Go to Magic Eden
* Have at least $10 of SOL in your wallet to cover various mint fees ($2-$5 total)
* If you were in the top 10k of a season leaderboard on the hub, you are eligible to mint a ticket.&#x20;
* VIP tickets are locked. Season tickets are tradeable!&#x20;
* We will announce the airdrop snapshot in October. For each ticket you hold at snapshot, you will be eligible to claim a certain amount of tokens for that ticket.&#x20;
  * Community tickets are worth 350 BMB each
  * VIP tickets are worth 1,250 BMB each
* Tokens are fully unlocked at TGE (date TBA)&#x20;

Ticket Mints are here:

1. VIP Airdrop ticket <https://magiceden.us/launchpad/solana/beamable_premium>
2. Season 1 Leaderboard <https://magiceden.us/launchpad/solana/beamable_s1?preview=>
3. Season 2 Leaderboard <https://magiceden.us/launchpad/solana/beamable_s2?preview=>
4. Season 3 Leaderboard  <https://magiceden.us/launchpad/solana/beamable_s3?preview=>
5. Season 4 Leaderboard  <https://magiceden.us/launchpad/solana/beamable_s4?preview=>
6. Season 5 Leaderboard  <https://magiceden.us/launchpad/solana/beamable_s5?preview=>

### TL;DR

<figure><img src="/files/c9AHH1j2JsNeLeGVFjUD" alt=""><figcaption></figcaption></figure>

Quests -> Points -> Creds -> Leaderboard spot -> Seasons -> Airdrop ticket -> Snapshot -> Airdrop

### How will it work?&#x20;

* $BMB Airdrop spots will be earned in each of 5 Seasons, each lasting one month (April, May, June, July, August)
* You can create an account at [https://hub.beamable.network](https://hub.beamable.network/) and complete quests and actions to earn points that you spend to get loot boxes that grant you Credits (and other prizes) that mark your spot on the leaderboard.
* At the end of the Season, the leaderboard will be cleaned of any bots or cheaters.&#x20;
* The remaining top 10,000 leaderboard spots will earn Airdrop Access.&#x20;
* Airdrop Access winners are required to lock in their eligibility by minting an exclusive Airdrop Ticket NFT (this ticket costs a Network fee at the time of mint + gas)
* $BMB Airdrop Tickets are available to trade (10% royalty back to Beamable Network)

### Leaderboard Eligibility Criteria

<figure><img src="/files/r1jddpReDCCfZFEzaywz" alt=""><figcaption></figcaption></figure>

At the end of every season, the leaderboard will be locked and scrubbed of any malicious activity or bot participation. To keep your leaderboard spot after a season ends, your Beamable Network Community Hub account must adhere to the following criteria:

* ✅ Valid, verified personal email in the hub&#x20;
* ✅ Signed and valid Solana wallet
* ✅ Verified Discord account (in the Beamable Network Server)
* ✅ Completed all START quests and earned the Onboarded badge
* 🚫 No detectable bot activity or manipulation
* 🚫 No duplicate hub accounts (we’ll flag multi-account setups)

If the above criteria are not true at the end of the season, your position will be purged from the leaderboard.&#x20;

### Airdrop Snapshot Eligibility Criteria

<figure><img src="/files/zW8yTq4qakbcIx4mpTcD" alt=""><figcaption></figcaption></figure>

At the end of the Community Airdrop Campaign, a snapshot of all eligible wallets will be taken.&#x20;

The snapshot date will be announced 30 days before the snapshot via the Beamable Network Discord Server, the Community Hub, and email. After the snapshot, all wallets will be sent to the airdrop platform.

To be eligible for the snapshot, the following criteria MUST be true:&#x20;

* ✅ At the time of the snapshot, you are holding at least one airdrop NFT ticket
* ✅You must have a Solana wallet that is aged more than fifteen (15) days
* ✅You must have a Solana wallet that has conducted more than one (1)  transaction
* ✅You must have a Solana wallet that has at least $10 of SOL in it

If the above criteria are not met at the time of the snapshot, you will not be included in the list of airdrop wallets.&#x20;

### Thank You For Participating!&#x20;

Good luck in your quest! We appreciate your interest in the Beamable Network! &#x20;

*Also, please remember, the airdrop is a privilege, not a right. We reserve the right to disqualify participants from the airdrop at any time for any of the valid reasons detailed above.*

<br>


# Alpha Checker Node Sale

<figure><img src="/files/O7AdI5dIIKvnWEkYIHXI" alt=""><figcaption></figcaption></figure>

## Overview

Beamable Network is offering an Alpha Sale of Checker Nodes. These are decentralized validators that secure trust in the Beamable DePIN Network and verify workloads that power live-service games. These nodes form the backbone of our on-chain integrity system, offering real utility and earnings potential through actual service validation, not speculation.

### Details of the sale

* **Limited Supply:** Only 3,000 Checker Nodes will be released before the Public Node Sale in Q4 2025.&#x20;
* **Cost: $370** (limit 20 per person)
* **$BMB token emissions:** Node token emissions begin with the Token Generation Event (TGE) in Q3 2025. 1% of the Total $BMB supply (10 Million tokens) will be emitted to the 3,000 buyers of the Alpha Checker Node Sale. Emissions are linearly vested over 90 days, with daily unlocks.
* **NFT-Based Node Ownership:** Checker Nodes will be issued as NFTs on the Solana Blockchain.
* **No technical setup required:** Nodes can be run on Easeflow, NodeOps, InfStones, Helium Deploy, NerdNode/DeEEP, any cloud service provider, or, eventually, on your own computer.&#x20;
* **Tradeable license:** Fully tradable after the 1-year lock-up period from the date these nodes are first operational.

## Requirements

* Payment requirements will depend on the platform where you purchase your node.&#x20;
* All node Alpha Checker Node buyers must pass KYC before claiming their Checker node licenses. BlockPass will conduct KYC and will be available as a link after purchase.&#x20;
* You will need to complete KYC within 30 days of your purchase.
* If you fail KYC, you must request a refund within 30 days from date of purchase. &#x20;

## Access to the Alpha Sale

The Alpha Sale is scheduled to launch in late July 2025. While there is no guaranteed access, there are several ways to earn eligibility:

### Partner Communities

We are collaborating with aligned ecosystems. [Join our Discord](https://discord.gg/beamablenetwork) to stay in the loop. If you represent a community aligned with our goals, reach out to get involved.

### Cookie3 Leaderboard

<figure><img src="/files/geQYyB2meJFflIWA7Vsd" alt=""><figcaption></figcaption></figure>

Beamable is listed on [@cookiedotfun](https://www.cookie.fun/tokens/beamable-network). Engage with us on 𝕏 to climb the Cookie Leaderboard and earn access at <https://www.cookie.fun/tokens/beamable-network>.&#x20;

### Shoot Your Shot!

Do you feel like you’d be a great fit? [Reach out directly on 𝕏](https://x.com/BeamableNetwork) or DM our Community Manager, [@DrewBleam](https://x.com/drewbleam), to get on the list.

### Learn More

For full details on all node types, tokenomics, and ecosystem design, visit our [Whitepaper &  Documentation](https://docs.beamable.network).

## What are Nodes?

<figure><img src="/files/8autWFkGQT6ocdcgY1J1" alt=""><figcaption></figcaption></figure>

Checker Nodes validate the proper operation of the network. They ensure that the DePIN infrastructure is functioning, services are being provided as claimed, and games are receiving what they paid for.

They perform two types of validation:

* Proof of Availability: Confirms that Worker Nodes are online and available, allowing rewards even before demand materializes.
* Proof of Service: Uses cryptographic verification (zero-knowledge proofs and verifiable compute) to confirm workloads were completed.

Upon successful validation, tokens flow from the game’s wallet to:

* Worker Node (Service Fee)
* Checker Node (Validation Fee)
* Developer Wallet (Royalties)
* Ecosystem Treasury (Ecosystem Fee)

As a Node License holder, you can operate checker nodes and receive the validation fees in the form of $BMB. As the network grows, so can your earnings.&#x20;


# $BMB Community Airdrop

<figure><img src="/files/twAVk5Kk0YKNH40Ut7uo" alt=""><figcaption></figcaption></figure>

Airdrop Tickets unlock a $BMB claim shortly after the Token Generation Event. In addition, these tickets will provide VIP ecosystem access, which will include bonuses in [The Beamable Hub](https://hub.beamable.network/modules/home).

#### Token Claim and Snapshot

Each airdrop ticket will allow a snapshot-based token claim for holders.

* The snapshot date will be announced with a 1-week notice, from [@BeamableNetwork](https://x.com/BeamableNetwork) on X, and from the [Beamable Network Discord](https://discord.gg/beamablenetwork).
* The claimable $BMB tokens do not have any vesting, cliff, or lockup requirements. <br>

CLAIM REQUIREMENTS

* Must be holding one or more Ticket NFTs at the time of the snapshot.&#x20;
* Must complete Proof of Uniqueness verification at <https://airdrop.beamable.network>

#### Premium Airdrop Tickets

* 5000 non-tradable NFTs
* Eligible to claim 1250 $BMB per ticket owned (these stack)
* Rewarded to community members, smart followers, and partner communities.<br>

[Magic Eden Collection](https://magiceden.us/launchpad/solana/beamable_premium)  |  [Token Contract](https://solscan.io/account/68wSKSLKGHh8p9nSWLwHapvybHBTTJE34MEs1cSgTyQf?cluster=mainnet)&#x20;

#### Seasonal Airdrop Tickets

* 10,000 tradable NFTs, per season (50,000 total)
* Eligible to claim 350 $BMB per ticket owned (these stack)
* Rewarded to the top 10,000 members from each season of our community airdrop campaign. <br>

Magic Eden Collections:

[S1](https://magiceden.us/marketplace/beamable_s1)  |  [S2](https://magiceden.us/marketplace/beamable_s2)  |  [S3](https://magiceden.us/marketplace/beamable_s3)  |  [S4](https://magiceden.us/marketplace/beamable_s4)  |  [S5](https://magiceden.us/marketplace/beamable_s5)<br>

Token Contracts:

[S1](https://solscan.io/token/AoSZmnDVowC4zCTsgqAixNTotnZyZsaJWSoJCtKcoQL?cluster=mainnet)  |  [S2](https://solscan.io/token/SZzFUFkX9cQRCWv8NLyve19ZFyrJSiNwvzCT3N5zhiT?cluster=mainnet)  |  [S3](https://solscan.io/token/7jUZqBD6KiCaqTr412NZWHFCBKw3SG8gZvJoTQhjScum?cluster=mainnet)  |  [S4](https://solscan.io/token/HRa88bbNqXEyPU1y5A85D4bMWKH7b7xeaXt6rHza5WvQ?cluster=mainnet)  |  [S5](https://solscan.io/token/5hCYa4venQJsrBHG4mtTt4hibRxhGCgyoBsjvuCidktW?cluster=mainnet)

\
\
\ <br>


