Moonbeam

Moonbeam is a multi-chain platform that allows developers to deploy existing smart contracts to a Polkadot environment without the need to refactor or rewrite. It supports familiar smart contract languages such as Solidity, Vyper, and EVM bytecode, and is compatible with Ethereum-based tools like MetaMask, Remix, Hardhat, Waffle, and Truffle. It also integrates with assets like DOT and ERC-20s, and infrastructure services like Chainlink and The Graph. Moonbeam enables projects to expand their reach to new users and markets with a multi-chain approach, allowing them to gain access to resources on other blockchains, both in the Polkadot ecosystem and outside of it. The network token, Glimmer (GLMR), is used to pay for smart contract execution, and to nominate collators and help support the liveness of the network. Moonbeam is different from other businesses in the same industry because it provides a fully Ethereum-compatible environment on Polkadot, and allows users to gain a “first mover” advantage by deploying early to Polkadot’s rapidly expanding parachain ecosystem. Moonbeam makes a profit by charging fees for smart contract execution and other services.